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Perhaps a bit off topic, condos in Alberta (Especially downtown Edmonton/Calgary) have been taking a shit kicking over the last few months, if the rate of depreciation continues I would say things are heading for a cliff of sorts.
From my perspective the financial agony of Alberta will last at least another 18 months, I expect some really nasty statistics to come out in the fall for employment and real estate.
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Originally Posted by jasonturbo
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