Quote:
Originally Posted by rabbit
like i said earlier in this thread, all that's missing is a hit to canadian real estate market which is coming... hopefully sooner than later. i think there's a good probability we'll see .65 in the next 2 years
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It is definitely coming. Alberta's housing market is taking a real dive already. Tiny little houses were selling for $800,000 but are now dropping fast because the oil companies may lay people off, home owners are getting nervous and trying to sell their over-valued homes.