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UFO · 09-29-2014, 09:49 PM

That's the trickle down effect of foreign money. Injects money and momentum into the system. The ones in east van/bby selling their houses for 1.2M can then in turn buy a cheaper property further out, live off that profit, then the cycle keeps going

09-29-2014, 09:49 PM	#2866
UFO I heart Revscene.net very Muchie Join Date: Apr 2001 Location: Van, BC Posts: 3,666 Thanked 728 Times in 435 Posts Failed 33 Times in 19 Posts	That's the trickle down effect of foreign money. Injects money and momentum into the system. The ones in east van/bby selling their houses for 1.2M can then in turn buy a cheaper property further out, live off that profit, then the cycle keeps going