There's legitimate growth in your anCalgary's case by nlscb (1.00 / 1) #2 Thu May 08, 2008 at 02:06:57 PM EST
There is a huge oil boom and houses take time to build.  I have no doubt that housing will eventually catch up.  In your case, there is simply a small amount of land to build upon due to the mountains. 


What concerns me more is when you have a housing bubble in DC, which is 1 hr from the sea, 3 from the mountains, and has a massive coastal plain stretching south of it to Florida.  When Minneapolis has a housing bubble, with flat empty habbitable land 1000 miles in every direction, then I get really scared. 

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DC's bubble will burst when we have a Conservative by georgeha (4.00 / 1) #3 Thu May 08, 2008 at 02:19:31 PM EST
President who believes in small government and downsizes the government.


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Yay! by ambrosen (4.00 / 1) #5 Thu May 08, 2008 at 05:44:21 PM EST
I'm doing me some investing in DC property then.

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this is shortly after china takes over, then? by aphrael (2.00 / 0) #10 Fri May 09, 2008 at 02:31:15 AM EST

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