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To: KeepItSimple who wrote (69858)7/26/1999 9:20:00 PM
From: hsg  Read Replies (1) | Respond to of 164684
 
KIS, what do you think of the boomernomics principles which point to drastically lower real estate prices over the next decade as baby boomers cash out???

I have built a # of homes here in Vancouver Canada when we were getting a big chunk of the Hong Kong investors moving here...prices when up about 150% in a matter of a couple of years but have calmed down now...when the immigration from HK slowed, so did the realestate boom...if the market corrects and stays down for longer than a few months, the market could crack...still, a good time to sell!!! (if you own).