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polly7

(20,582 posts)
Wed Dec 7, 2011, 06:23 PM Dec 2011

Damn. That's sobering and scary.

"Carney identified two drivers of Vancouver’s explosive housing market growth: low interest rates and the movement of Asian capital into “selected international housing markets as those investors seek out diversification and hard assets.”

Maybe it's time B.C.'s gov't needs to take a look into the benefits of these investments versus the harm.

Latest Discussions»Region Forums»Canada»Damn. That's sobering an...