Posted Feb 15, 2012, 6:58 PM
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Registered User
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Join Date: Jan 2002
Location: yvr/bwi
Posts: 2,675
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I see a combination of NDP government (and the attendant effect of economic policy) and rising interest rates having a negative impact on housing prices in 2013/2014.
But honestly, I don't see a major correction.
The same people who are predicting a massive bubble bursting are often the same ones who can't offer any explanation for why housing prices are so high here in the first place. But this has been discussed earlier in this thread...
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