Quote:
Originally Posted by misher
The NDP is forecasting rising home prices and reduced home construction in its budget.
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Got to read the whole article, not just the headline. The NDP said no such thing.
The NDP's finance minister said:
Quote:
“I’m feeling cautiously optimistic about the direction we’re taking so far … And I want us to see that continue.” She added that “there’s more work to be done,” and that “while B.C. is “starting to see moderation in the market, I don’t think we are at a stage where we can say that housing is affordable.”
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First, Carole James also said on Budget day, “I don’t believe we’re going to see a crash in the housing market.”
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In other words, the market hasn't tanked yet, it's just trending down - nothing Carole James said indicates any kind of uptick at all. But no, the author (
literally Glacier Real Estate's PR girl) read in between the lines, put two and two together, and for whatever reason came up with twenty-two. If I had to guess, the real estate companies are trying very hard to stall a bear market right now.
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