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Rap Sheet

Author:

Jester Debunker

Subject:

Off Topic

Date:

02/03/16 at 6:31 PM CST

 

 

READ: 5

RPLY: 2

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#3412,`02/03/16
By LongTerm CapGains

 

Re: Re Oil and the market

Check out this remarkable story about the Canada real estate bubble. Vancouver detached homes up from $400K in 2003, $800K in 2009, to $1,825K last month! This despite their economy tanking with oil. I assume their tumbling dollar is a big factor here, drawing in foreign buyers and likely pricing out many locals who are still getting paid what they did some years ago.

zerohedge.com/ne...illion

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