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reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004
Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
Failed 929 Times in 340 Posts
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One bedroom is roughly around 550k right now. Even if it drops 20% it is still 440k. In order for price to drop to 2014 price (300k) Price will have to drop close to 50%. If that's the case I am pretty sure a lot of Canadians would commit suicide already.
Even if price drops 50% how many people that complain about high pricing will be able to afford it then? I mean back then when it was cheap people didn't have money to buy them so what's the difference now? What have change so that they can afford a place?
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