Quote:
Originally Posted by e-clam9
Like everything we see in reality, anything going crazily high (like the 2001 internet bubble, or the 2008 worldwide financial crisis...) must come back down. These condo may not crash back down to normal Vancouver price, I will not be surprised that these drop in value in future after the La La Land dreaming period. Let's allow the speculators/investors/top-1%-rich-guys to have some fun now... Look at the current high end $3M+ detached houses now, many have dropped 20+% since last year. The market is still cooling down...  This is just my personal crazy guess |
Pretty much. Question is, are they still willing to have fun, or have they left Westbank with a big, empty megadevelopment?
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