I didn't say
anything!
I just bought a new condo and I know that the price was way too high. Still bought it. True is, the condo will cost more in a year - just like that, without me doing anything. I'm not going to do any upgrades (it's a brandnew condo), there is not golden floor, the lightening is new but simple, the area nothing special - still the price is going up. It has nothing to do with the condo itself - that's what I mean!
We all know whats going on in Van and Toronto.
Prices aren't higher because the houses are worth the price! And on top the personal debt will go up....
Did you watch Michael Moore "Capitalismn - a love story"? One could learn from that but not gonna happen.
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