“It is really hard to explain to people outside Vancouver how emotional the subject of Real Estate is here. More people have more riding on increased rises in this market than any other market in Canada.”

This from junius at greaterfool.ca 18 Jan 2010 6:07 pm

“It is really hard to explain to people outside the Greater Vancouver area how emotional [the subject of Real Estate is here]. We have friends that moved to Toronto recently and they say even TO is nothing like Vancouver. I think the reason is really simple. More people here have more riding on increased rises in the market than any other market in Canada. There is nowhere else in Canada where more people have second or third investment properties and rely so heavily on the promise of RE to get them to early retirement.”

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