Quote:
Originally Posted by SumAznGuy
Just thinking out loud here, but how come we don't see this type of RE market in other smaller Canadian cities. Or do we, and the media is just not talking about it.
I know Vancouver is number 2 behind Toronto in the number of buildings being built.
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Look at price appreciation in Saskatoon, Regina, Edmonton - all dumps, all have gone crazy just like Vancouver.
Each will start to soften at different types (already happening), but bc this is a Canada wide thing, I can tell you with certainty that it is easy money feeling this stupidity.
Vancouver has always been a bit more expensive than other regions for obvious reasons (I would not live anywhere but Vancouver in Canada, as I hate the cold and demand to live on the coast), but everything has gone up in similar proportions.