Only craze person will buy big house in 2006 and 2007, you may lose up to 20% in 5 years when the market is going downhill. Don't tell me Canada real estate market is an exception when a 10 times bigger market (USA) is down obviousely.
Nortel stock-holders in 2000 having the stock at $120, they are doing a real long-term investment as their grand grand sons will have the chance to see the stock price rises from current $3 back to $120! So is the new big house owner in Canada.
Only craze person will buy big house in 2006 and 2007, you may lose up to 20% in 5 years when the market is going downhill. Don't tell me Canada real estate market is an exception when a 10 times bigger market (USA) is down obviousely.
Nortel stock-holders in 2000 having the stock at $120, they are doing a real long-term investment as their grand grand sons will have the chance to see the stock price rises from current $3 back to $120! So is the new big house owner in Canada.