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Definition of a bubble

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    #1

    Definition of a bubble

    Highest increase in 6 years... R U Serious????

    [URL=http://www.cbc.ca/news/business/crea-housing-november-1.3365671]here[/URL]
    Tags: None
    #2
    15% for BC.

    Foreign money buying houses?

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      #3
      Hand out cheap money rates, and people just increase what they spend. Is that not how this housing market got so ****ed?

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        #4
        This housing market is going to do the same as the US in 2008.
        It's been coming for years - all it needed was a trigger - just happened to be oil .

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          #5
          Half million bucks isn't that much money to borrow for a couple that makes 150 to 200k a year with interest rates at 0.

          Its not a bubble, you're just not keeping up with how much a lot of couples bring home.

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