Quote:
Originally Posted by blankall
And Calgary seems quickly headed in that direction. Given current immigration rates, it's inevitable that every desirable city in Canada will begin to look like Vancouver soon. I'm not sure how anyone in Calgary, who saw a 25% spike in their home value in the face of rapidly rising interest rates and potentially a recession can't see that.
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In Calgary median family income supports the median detached dwelling. There is no evidence Calgary is overpriced.