Check out this article on Forbes. Negative, negative, negative. It just goes to show that the mainstream media doesn’t get it and are always looking for the negative story. I suspect that they are beholden to the interests of wealthy renters who have a vested interest in seeing property values drop.
Ok, so there seems to be a bit of a dip in US real estate values – that doesnt mean that the party’s over! No sir! If we can all remain positive and focused we’ll continue to see a constant and solid rise in Vancouver real estate values because VANCOUVER IS DIFFERENT. I mean really, who wants to live in California anyways? Vancouver has sunshine, beaches & beautiful outlying areas to visit: Surrey, Burnaby and Port Coquitlam just to name a few. We also have low taxes and lots of good paying jobs in construction building houses.
So lets keep those people employed! Lets focus on the positive and keep pushing property values up. Negativity is of no help to anyone.