Quote:
Originally Posted by OracleOfCalgary
Among those I've talked to, seems I'm the only one who sees this boom ending and this city being in a major world of pain 5 years down the road. People say this boom is based on oil, but I say it's 80% real estate (flipping and construction) and easy credit... pull either of those two cards out and the whole thing will fall down.
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So what would cause either of those two cards to be pulled. What economnic or political factors do you see causing the oil industry to turn down? What economic or political factors to you see causing housing to turn down?