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I thought the bubble would of popped 9 years ago in 2007. It hasn't. Should I wait another decade for "bubble^2: faster, stronger" to not pop this time? Is t
by mahyarm 11y ago
I thought the bubble would of popped 9 years ago in 2007. It hasn't. Should I wait another decade for "bubble^2: faster, stronger" to not pop this time? Is the property value going up by about the canadian currency drop or more in the past 18 months a coincidence?
Did Vancouver or Canada recently experience a huge economic boom and increase it's residents income band to more than the Reno, NV levels than it currently is? Actually, the opposite is happening with alberta's oil industry currently imploding and every imported good going up %30 in price due to the property increase.
I moved away, like a lot of younger people, to somewhere somewhat more affordable, and I suggest anyone who is a software dev to do the same. The compensation delta is %100+.
- stuxnet79 11y agoWhat's that other somewhere? It can't be in Canada surely, because the only other tech hot spot I can think of is Toronto and it's not that much better here sadly. I don't know too much about Montreal.
- mahyarm 11y agoWell ironically, even when alberta was in economic boom mode, it was more affordable to buy a house there than it was in vancouver. And it's still more affordable. Also montreal. The big RE bubble areas of canada are Toronto and Vancouver. But for software devs, I definitely suggest the USA, either Seattle or even the SF Bay Area / NYC because the pay is so much more.
- deleted 11y ago[deleted]