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Definition of a bubble

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  • Klause
    Senior Member
    • Sep 2010
    • 3644
    #1

    Definition of a bubble

    Highest increase in 6 years... R U Serious????

    [URL=http://www.cbc.ca/news/business/crea-housing-november-1.3365671]here[/URL]
    Tags: None
    • Oliver88
      Senior Member
      • Dec 2012
      • 4688
      #2
      15% for BC.

      Foreign money buying houses?

        Comment

        • agchat
          Senior Member
          • Dec 2011
          • 463
          #3
          Hand out cheap money rates, and people just increase what they spend. Is that not how this housing market got so ****ed?

            Comment

            • furrowtickler
              Senior Member
              • Dec 2004
              • 22076
              #4
              This housing market is going to do the same as the US in 2008.
              It's been coming for years - all it needed was a trigger - just happened to be oil .

                Comment

                • tweety
                  Senior Member
                  • Nov 2014
                  • 3059
                  #5
                  Half million bucks isn't that much money to borrow for a couple that makes 150 to 200k a year with interest rates at 0.

                  Its not a bubble, you're just not keeping up with how much a lot of couples bring home.

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