It’s that time of the week again…
Friday free-for-all time!
This is our regular end of the week news roundup and open topic discussion thread for the weekend.
Here are a few recent links to kick off the chat:
–Sceptical of CMHC data?
–Langley Condos at 2006 prices
–Canadas random success story
–A bubble in renters?
–Oil prices on housing a ‘wild card’
So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!
Before I make a major investment, I always like to do a bit of research and consult an expert.
Before I buy a new car I always ask a car salesman if it’s a good time to buy. They’re the experts after all.
And when it comes to real estate, who better to ask than a builder if it’s a good time to buy?
Looking at 2011 numbers related to the economic impact of residential construction in B.C., we can easily see that this industry is a massive contributor to British Columbia’s well-being and future success, as well as a huge indicator of the province’s economic climate. Just think: For every single home we build, 3.5 person years of employment are created and more than $60,000 is generated in spinoff spending.
Ah yes, it’s not just a good time to buy, it’s the right thing to do for the economy. Without Real Estate our economy would be in the crapper. What could possibly go wrong?