ShokWaveRider
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
This is money related, at least for me as we are considering purchasing a property in Victoria, BC. But the prices seem silly at the moment, especially in Vancouver, BC.
I went through the RE Crash in Southern California in the early 1990s and again in Florida in 2006, both times buying on the correct side of curve, and coming out on top (3 x on top as far as the SoCAL property was concerned). Even though the recovery is slower in Florida than it was in SoCAL, I am beginning to see the signs. One of the big signs is that it is in the Papers and on the news everywhere you look on a daily basis and everyone has their opinions. Vancouver, BC has put a 15% tax on foreign buyers buying property and Toronto is considering it. I am a believer that if you talk about something for long enough, and people start to believe it, it will happen..... eventually.
Your thoughts?
I went through the RE Crash in Southern California in the early 1990s and again in Florida in 2006, both times buying on the correct side of curve, and coming out on top (3 x on top as far as the SoCAL property was concerned). Even though the recovery is slower in Florida than it was in SoCAL, I am beginning to see the signs. One of the big signs is that it is in the Papers and on the news everywhere you look on a daily basis and everyone has their opinions. Vancouver, BC has put a 15% tax on foreign buyers buying property and Toronto is considering it. I am a believer that if you talk about something for long enough, and people start to believe it, it will happen..... eventually.
Your thoughts?
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