Quote:
Originally Posted by blankall
Calgary is just a very hard market to time when buying a condo. Lots of land and very prone to booms and busts. Not only can demand suddenly drop off, but you pay a large premium during times with construction shortages.
For condo owners the good news is that condos are rising in price in Calgary.
|
Hopefully.
I have a rental property in Mission. I originally lived in it, and paid $300, 10 yrs ago. It’s down 20%