I have 3 Friends that are in the real estate business here, and my mom manages two offices in Alberta, they have all been looking at this and they say the bubble will not pop, you might see a plateau in about 4 to 6 years but not a drop, now like anything there are things that could happen that would change this so like the stock market it is always a gamble. one thing going for us is the government knows the average Canadian family has 60 to 80% of there after tax income tied up in there house so they will not let interest rates go to high like in the late 70's.
Steve
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04-17-2006, 04:41 PM
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