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If you look at the US and CA rates you;ll see they track each other quite closely and it's not like canada is driving the US rates. I agree most BC residents h
by RandyRanderson 10y ago
If you look at the US and CA rates you;ll see they track each other quite closely and it's not like canada is driving the US rates.
I agree most BC residents have dngerously high mortgage payment to income ratios. That's something that the gov should have stopped by slowing foreign ownership but they didn't and now can't.
Now that the gov can't change things for fear of triggering a huge crash, one is inevitable. So now we're in a situation where the bubble will get massive and then explode.
My point is, just try and enjoy it!
Re chinese cash: If I've learnt anything from the big banks or uber it's that if you do something illegal on large scale it's not illegal. ;>