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Vancouver has been pretty hot in the tech startup scene. Will price correct some day? I would speculate it probably will but I doubt it will be a big correction to become anything remotely cheap. If the tech industry really takes off here, prices will recover and go back to where it was, high and to the right.
Moral of the story is don't sit around blaming the Chinese for everything. Want detached housing? Better plan that now. Hope is not a strategy.
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