Quote:
Originally Posted by Harvey Specter
The question is do people really want to the RE bubble to burst? Think about the consequences and all the jobs in BC that are linked to RE that will be lost.
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As someone who doesn't own property, and job isn't directly linked to the local real estate market, I'd have a hard time turning down my future mortgage payments being significantly less due to a crash.
At the end of the day people want what benefits them the most. Is a property owner going to care about someone else's situation if their house price doubles in another year or two? Probably not.