It's called "low interest rates". Here's a news flash - they can't go any lower you fools. Everyone is totally leveraged. What do you think is going to happen when the rates go up? POP goes the bubble. Vancouver is currently at 10.7 times earnings to house price. The US market at it's peak was 5.2 Any fool can do the math and come up with a logical conclusion.
It's called "low interest rates". Here's a news flash - they can't go any lower you fools. Everyone is totally leveraged. What do you think is going to happen when the rates go up? POP goes the bubble. Vancouver is currently at 10.7 times earnings to house price. The US market at it's peak was 5.2 Any fool can do the math and come up with a logical conclusion.
veej2 2 years ago
you can't trust the media(period).
esiosan 2 years ago