Quote:
Originally Posted by Sw0op
The fundamentals never made any sense in bc for over a decade. In fact when they announced the foreign tax and property values dropped maybe around 20-30% they were saying we were fairly valued but that's not the same drum they were beating before...if you read and believed every report out there you're a fool...there's more negative headlines that make the press than the positive ones....they've been saying Vancouver real estate prices r stupid and over valued for years....remember the Royal LePage one that said our market would crash another 10+% this year?...well there's still another 8 months to go but with my sister in law trying to find a condo to buy..it doesn't seem like it's down at all...
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The most important thing I've realized after reading news stories and opinions is that these are mere predictions/opinions and no one that can accurately predict the future. If I could I would certainly be a lot richer
Yes you can take a educated guess based on the past nonetheless nothing in life ever goes as planned.
My $0.02