Quote:
Originally Posted by Zassk
Hmm. Head offices or no head offices, it's a fact that people want to live in Vancouver, and this drives demand up, whether from people from China or other parts of the world. Regardless of economy, people will still prefer to live in Vancouver than (say) Winnipeg or St. Louis or somewhere else. Vancouver's desirability isn't going to change overnight just because of changing economic fortunes. Its price will always be higher than other cities.
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didn't they say that about miami and las vegas though?
I think we are in for a rude awakening - once the next hot city comes along investors dump and move on