“I think people have lost their minds. I know several people who are in their early 30s or even 40s who are running out and buying not just one, but 2 or 3 houses.”
This from Anonymous at fishyre.blogspot.com 19 Nov 2009 9:22 am -
“I think people have lost their minds. I know several people who are in their early 30s or even 40s who are running out and buying not just one, but 2 or 3 houses! All in the name of “investment” with huge, long term mortgages. If that isn’t the sign of a bubble, I don’t know what is.”
Categories: 05. Where do Buyers get the money? · 08. Overextended Buyers · 14. Social Effects of the Boom
Tagged: Anecdotes, British Columbia, Bubble, Housing, Interest Rates, Mortgage brokers, Real Estate, Vancouver
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