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It's also a way to deflate a bubble before it reaches its tipping point. Vancouver homes being a good investment, outside of some actual economic activity bring
by opportune 8y ago
It's also a way to deflate a bubble before it reaches its tipping point. Vancouver homes being a good investment, outside of some actual economic activity bringing more money into the region, was just a self-perpetuating cycle. When it would have popped/when it pops, it will screw over many local homeowners too who were unfortunate enough to buy at a price that would then put them underwater