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People have been crying bubble for years, but to no avail. On the other hand, the fundamentals here have to lead to a crash this country has never seen.
I'd love to cash out, but on the other hand, I quite like where I live. I'm too old to do the basement suite thing and putting 2500 in rent per month into an older house just seems wrong (my emotions are talking and not my brain). Moving sucks and I would really own save money (and I suppose reduce risk) if I made significant compromises like giving up secure parking, in-suite laundry, and Skytrain access. I've done the research and I would save no money by renting an equivalent suite in terms of size, layout, and age. I won't be hurt by an increase in interest rates. Anyone else facing similar circumstances?
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