Quote:
Originally Posted by Mr.HappySilp
Let's get back to topic.
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I think diesel_test's remarks were a pleasant diversion from the basic consensus reached in this thread:
1. Vancouver's real estate is over-valued and ripe for a big-time correction.
2. Vancouver's economy can't support current prices because there are no high-paying jobs and no head offices.
3. Moreover, Vancouver neither has the panache nor the "it factor" to sustain high prices over the long-term. In fact, it's a backwater with residents who are inward looking, unambitious, and suspicious of outsiders. Any major city in Europe, Asia, or the US has far more going for it than Vancouver which makes current prices inexplicable, particularly for the savvy investor/globetrotting alpha male.