BiscottiGelato

Globalization brings hot money to Vancouver.  There are many properties, especially those deluxe ones, are sold in overseas.  That's why the housing prices go up and up, not just depending on the lo ...
KittyLeung74 發表於 2010-1-25 14:47

I'd say it's a bit of both. Hot money pouring in initiated the speculation, while local purchases sustained the prices. I think we are in the latter phase more so than the former. Whether the ridiculous ratio can be sustained for much longer is yet to be seen.

peter236

I'd say it's a bit of both. Hot money pouring in initiated the speculation, while local purchases sustained the prices. I think we are in the latter phase more so than the former. Whether the ridicu ...
BiscottiGelato 發表於 2010-1-26 18:22

Do you think the prices can sustain? either local money or foreign money will dry up?

sheep

12# peter236

China is a huge 水庫

singsing

i think it gonna last for a while gei jei. sooner or later there will be a break down ga la.
whenever the market can't support, the price will go down ga la. dun worry ppl

samsung

yeah... after olympic, it will go down