Quote:
Originally Posted by Vulcan
I sold my house and got out of Calgary in 02. I've been kicking myself that I left too early and missed the big rise in property values but where I'm living now, values have more than doubled in the last four years. Still cheap compared to Calgary or Vancouver but as baby boomers retire and move out, prices in small towns should skyrocket. With these people moving out of the big cities, vacancies should increase there, driving prices down. Just my ramblings.
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My parents did the exact same thing, sold all of their investment properties in Alberta and moved to the Sunshine Coast in 2000. They also were wondering if they left too soon, but their house there overlooking the ocean has now almost tripled in value.
Worked out well in the end.