Users: Brian Ripley: Vancouver Real Estate Unaffordability

Vancouver Real Estate Unaffordability

Not only does cash (money) 'feel' as if it has no value but realtors and developers also don't know what the value is of the product they are selling, because their value of money is being defined by a market seized by mania that is willing to pay more today than was spent to purchase yesterday and all along the way, agents in the market and government give their approval to a dynamic that will reach a limit (if not already reached in certain markets) UNLESS earnings improve. More useless observations at www.chpc.biz

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Comments

ammoammo
just before the re crash in us, brokers were saying , no worries, will rise 10% per yr on avg 6/1/16
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