Quote:
Originally Posted by iEatClams
It boggles my mind how some are in denial. Do you even live here?
The single biggest factor for property prices ncreasing 30% this year was due to currency. If I need to move money to Canada, well due to the dollars decline, my money is now worth 25-30% more.
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Pretty much what one of my friends said. "With CAD being so weak now relative to yuan, I should buy another house."
Cheaper CAD and increased crackdown in China aren't helping. The short sighted politicians here are my helping.