“Who has $1 million to invest?.. We do. Moved back to Canada this summer from many years overseas and are gobsmacked at the state of “unreal” estate in pretty much every corner of this country. Our friends cannot believe we are renting. We cannot believe they think we should part with our savings in this market. We’ll be sitting tight and so happy to rent our 3500sq foot house for a pittance and pay no property tax. Unfortunately it doesn’t have granite counter tops…I can barely survive.”
– McExpat at greaterfool.ca 2 Jan 2012 10:44pm
There are folks exactly like this in Vancouver, but few RE Bulls believe it. – vreaa