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Wookie · 01-16-2008, 05:32 PM

I was at the Calgary Real Estate Conference in... October?

Really enjoyed myself, thought what people were saying was generally good. There was an overall positive view for real estate. Mostly commercial.

There was also concern about employment, too low cap rates, a lot of construction, increasing vacancies, lease rates having gone to high etc.

However the belief in the overall Calgary economy was very positive and supported strong growth. Things may slow down, they may correct a little. But overall I think Calgary has was a it takes to continue to be a good place to come and work. With that real estate prices should be fine.

Radly comes across as someone who wants to buy a house but can't. Or who can but wants things to be cheaper and as such can only see the neagtives.

01-16-2008, 05:32 PM	#91
Wookie Chick Magnet Join Date: Oct 2001 Exp:	I was at the Calgary Real Estate Conference in... October? Really enjoyed myself, thought what people were saying was generally good. There was an overall positive view for real estate. Mostly commercial. There was also concern about employment, too low cap rates, a lot of construction, increasing vacancies, lease rates having gone to high etc. However the belief in the overall Calgary economy was very positive and supported strong growth. Things may slow down, they may correct a little. But overall I think Calgary has was a it takes to continue to be a good place to come and work. With that real estate prices should be fine. Radly comes across as someone who wants to buy a house but can't. Or who can but wants things to be cheaper and as such can only see the neagtives.