 鲜花( 0)  鸡蛋( 0)
|
: 8 F o2 _- w. K3 s, I9 K
# R! P! d B8 b# l% F* gThe price increased to 450K from 250k in less than 2 years for a 1900sq feet house. It is same as Toronto. Is it still cheap? Don't cheat other people.0 R) K1 V* {; C9 D# t6 h+ }$ X) Z
9 @, k& a3 p9 @$ D) ^2 @4 n* d
I agree that the house price will not decrease in Toronto or Vancouver. However, here it is quite different. The booming is due to oil and sand projects. I don't know when the price will go down. However, I know it is near the top.2 s# [2 a7 k( a0 F. Q
+ q. q/ N1 |# b! R2 ?5 q# {7 s, r* K
Once oil and sand projects design is near completion. Many people such as draftsman, technologist and engineer will be layed off. If that is the case in 2 or 3 years, that will be the time for the house price going down.4 s: b" V+ A0 z7 c8 L, [
* c" z+ M, |& M r2 n) H* gIt is normal for the house increase 3-5% per year. However, it increase 330% in less than 2 years (for example 250k increased to 450k with 60k down payment) here. The market is creazy and some people are crazy too.
1 X2 |0 O% E, o8 { [- K9 |9 C6 P$ k, C! c
If you were right and I were wrong in 2 or 3 years, many people will choose to buy a house in Toronto or Ottowa rather than here. Do you agree?
0 s! \8 Y8 t3 l0 i! ^% s, n6 c z- L( D- }/ c
To sum up, it is not a good time to buy a house either in Calgary or Edmonton. The game is over. |
|