Quote:
Originally Posted by Ludepower
Vancouver survives another recession? Knock on wood.
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Vancouver RE market is like no other. If locals aren't buying they'll always be foreign investors ready to pounce.
It's also pretty remarkable that last year people were predicting old tear down homes in Vancouver would be a million dollars. It never happen, nowhere close and instead prices have rebounded.
I also think the market correcting itself over the past year saved us because if our RE market prices were at 2016 levels it would be game over.