^^OK yea the flip and HR shows are a great deal for the home owner and subsidized by the programs, however that does not take a way from the fact that renovation costs in Calgary are outrageous and not sustainable.
If you look carefully at MLS right now you will see that the crazyness has now subsided into crazy prices for renovated houses and quite reasonable prices for older homes. No one wants to take on a renovation. Its similar to 2007-2008, if you waited till 2010-2011 to get your renos done actual professionals were available at reasonable prices.
|