The mainstream media is starting to impinge on the territory of the crazy unwashed blogger.
This article in the Ottawa Citizen seems to be fairly balanced and could be interesting for anyone wondering about the bubblicious state of real-estate around the world, particularly in vancouver. Some interesting numbers at the end as well, I wasn’t aware that average prices in Sidney Australia had dropped 16 percent since 2003. Clearly this must be a typo. Everyone knows real-estate never loses value.
Someone needs to remind the mainstream media to stay away from stories like this. This kind of talk should be left to loony bloggers and conspiracy theorists.