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Anyone that doesn't believe prices will drop make me want to pull my hair out.
The federal and local governments are actively trying to stabilize the market. If the
measures they have implicated don't work in 6 months. They will continue with more changes until the market is back to earth.
If you already bought a house or condo in the last 12 months. You bought at a all time high in this cycle. In 10-15 years from now, prices will be higher. Don't panic.
Vancouver is beautiful and my home. However it is not special. We will go through cycles like any other city.
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