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GlydeGirl · 03-08-2006, 10:55 AM

We've had an insane real estate market for the past few years in Vancouver and it's just beginning to taper off. Right now most working people can't afford to buy homes at the current prices which is bad for the rich folk because if workers can't afford to live in the city and are forced to move away, there's nobody to do the work. Hopefully our markets have peaked and will drop back to more reasonable levels soon. Although with the Olympics coming here in 2010, the drop may not occur until after they are over.

03-08-2006, 10:55 AM
GlydeGirl Confirmed User Industry Role: Join Date: Feb 2005 Posts: 1,516	We've had an insane real estate market for the past few years in Vancouver and it's just beginning to taper off. Right now most working people can't afford to buy homes at the current prices which is bad for the rich folk because if workers can't afford to live in the city and are forced to move away, there's nobody to do the work. Hopefully our markets have peaked and will drop back to more reasonable levels soon. Although with the Olympics coming here in 2010, the drop may not occur until after they are over.