Man, I'd honestly rather pick up and move to Winnipeg right now, than spend around 180,000 for a 400 some square foot shack. Yeah, maybe I'm being greedy and picky, but I have to draw the line somewhere. If it costs that much in Calgary to live, then it's simply not worth it.
Not that I want to see a lot of good people screwed over, but I really wish for my own personal sake the housing market crashes...but I know it won't. Why would it? The oil boom is going way too strong and it doesn't sound like it is going to slow down. One recent article suggested house prices in Canada are set to double in the next 20 years. That obviously means getting into something is still very important, but even in 20 years, who is going to pay 300+ for a 400 sq/ft apartment?
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