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Old 01-08-2013, 06:44 PM   #358
wreck
I STILL don't get it
 
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Join Date: Feb 2004
Location: Vancouver
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Quote:
Originally Posted by 4444 View Post
To counter that

Vancouver has no real economy
Most of those 7billion people are way too poor to live in and afford Vancouver
Vancouver prices as a multiple of earnings (see my first point) are way out of whack

Trust me, Vancouver ain't that great, 6 months of rain and constant cloud cannot be made up for by 4 months of pretty nice weather

Fundamentals rule, one can always make an argument as to why real estate should go up, short term prices are based on emotion - long term are based on fundamentals
yea ok goof.
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