Jesus the number of fear mongering articles and media pieces is now reaching an epic peak.
This market isn't going to crash because the market can't bear it anymore. It's going to crash because the media is playing their fiddle and all the stupid people are dancing to their rhythm.
I'm so sick of sensationalist news stories and click bait articles.
I mean just look at this junk:
Get Out Of Vancouver Real Estate, Now$|$Garth Turner
It's one thing to present facts, and to probe the reader into making conclusions themselves, based on if they believe or don't believe the logic behind your methodology. It's another thing entirely to instruct and entire city to list their houses for sale, and to "GET OUT".
Far too many people in this day and age have just become a pawn in the media's little game. There's a whole big world out there, and you have almost unrestricted access to it through your mouse and keyboard. I won't claim to know what will happen in our RE market, but for the love of god, don't read a news article on Huff post and then proceed to sell your home because it instructs you to.