I only got to listen to half the show.
Interesting thing he said about oil not coming down and potash being over bought and anyone wanting to get in should wait for a good 20% pullback.
As far as the real estate, I only heard the first half of the answer to the first question.
How far has realestate dropped since 2006?
The builder guy says 16 - 25% in some areas but much more in other areas. Or something to that effect.
Well some poeple out here where I live went through the big D and they had a property there that was valued at a mill three a few years back. They ended up selling it for $350,000 about 5 months ago.
I see that they have archives. Will isten to the rest this week.
Average cost of a bungalow in Vancouver is $872,000
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