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It looks like the massive job loss in BC, the dead economy and the huge burden of debt being racked up has not made a negative effect this month for home sales. There is no shortage of glossy eyed suckers waiting to pounce in this “buyers” market.
Realtors cleared a whopping 8,624 units this month. In Vancouver sales up 171% from the same month last year.
Is this a mini bubble ? Or do some of these buyers know something we don’t ? Like how to run a sweet shop in China somewhere or, how to make crystal meth ?
The average MLS home price was up 15 per cent to $638,948 and the sky is the limit. Someone some where is buying one of these attractively priced beauties as we speak.
Think of all the years of fun and joy they will have in their new home ! No more vacations, no more ski trips, no more flipping a bum a dime, nothing but a huge mortgage and debt. That or working 12 hour days, while your kids are being raised by a cheap nannie that can’t afford her shared room.
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