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					Originally Posted by  nik-
					 
				 
				The elite cities of the world.  You're really not doing any better with that as your argument.  Sorry. 
			
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Demand issues and poor supply response. I'm kind of baffled you don't see the basic logic here. 
What you are saying with Calgary is that there is a lot of space and not a ton of demand for existing housing stock, right? 
That follows the logic of my argument. So Calgary isn't a big issue because you can always build farther out?