Quote:
Originally Posted by peter12
None. Vancouver is at the beginning of a demographic death spiral due to economic and political bungling. It is like Singapore but without the actual economic productivity.
There won't be a Vancouver in 80 years at this pace. Why would anyone with family or professional ambitions want to slog it out in this market? They leave.
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That's been the history of Vancouver since the 1880's though, boom and bust, the market will implode in the fullness of time, lose 40 or 50 percent. At that point rents generally go down as well, the benefits start to look pretty good compared to the cost again.