In our previous post we discussed that the bear market in Vancouver had gone away, at least for now. But why?
Are we in a bubble? What has happened in other markets? Is this time different?
The best we can do is to learn from our own history and those from other countries and try to understand what could happen in Vancouver, given the anomalously high prices in real estate. We'll get there, but first I'll…
Now that we have discussed that the credit cycle has played a major role in the drive for high prices, we should narrow down on Vancouver. The credit cycle we discussed applied to all of Canada, but the big boom…
I have often heard people explaining the high prices of Vancouver Real Estate by making a simple story around one factor. For example, some people think that foreign investment is responsible, and cite immigration programs or anecdotal evidence of the…