Quote:
Originally Posted by Barefootsies
If you're entertaining thoughts of buying your first home now that the housing market is cooling off and prices are coming down, take note: The
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This is definitely not the case of Alberta where economic boom's been causing the prices of houses go up like never before. It's been growing steadily for past 3 years, but now it's at the pace of $500 a day. That means that any house you could have bought today will cost you $150 000 more next year. And it just keeps growing like that. Sad part is - powerful economy makes way too many people move in, which causes lack of places to stay so rent is astronomically high. Sucks for me who doesn't own a house
