Quote:
Originally Posted by you&me
The idea of a bubble "popping" in Calgary seems a little silly at this point.
We're a few months into the first signs of life in the market, and some people are already forgetting the fact that the entire Calgary market has essentially been flat for a decade... 
That said, Calgary is the most affordable big market in Canada relative to incomes. Regardless of factors that would contribute to a bubble popping in other markets, Calgary should fare relatively well. |
True, I didn't think of it that way. Calgary's bubble popped quite a few years back and we aren't even back to those levels of insanity yet. The odds of it being a full on popping vs a bunch of small temporary corrections is seemingly quite low.