peter236

原帖由 pepsis2 於 2008-10-21 20:48 發表
gurantee must go down alot in this year & next year! since the RE price in Van is rediculuously high & ppl who couldn't afford the RE can only buy it b/c of the loose financial check & big loan long t ...

Why do people here say local prices will stand strong?

peter236

原帖由 pepsis2 於 2008-10-22 14:18 發表
I didn't say the local prices will stand strong. I mean the total opposite... that "the one has gone up must come down"... just think the price is not affordable for most of the average income Vancouv ...

Yeah, but the local economists and real estate people still pretend the local prices are not going to be affected.

peter236

原帖由 fibbi 於 2008-10-23 17:37 發表


一日未賣，一日都未計數，而且RRSP係退休個時先用，其實沒有很大影響吧....段估二三十年後都唔會唔升番上去卦...
至於樓市，我睇點都會挨到2010冬奧，之後就無眼睇勒 ...

Well, if you look at the Japan stock market. The high was about 38000 points and then Japan went into a recession for like 15 to 20 years. Their stock market went down to about 7900 points. Now it is still about 8000 points.

peter236

原帖由 fibbi 於 2008-10-23 18:20 發表
Japan is different ...
Canada...at least it has lots of natural resources...in better shape than japan...

I know Canada is better, but oil prices is down nearly 50% already and other natural resources price are also down for now. Since China drives up natural resources prices and even China is now slowing.