看来房价是要跌了， 迹象如下：
1. Richcraft 在riverside 五个月总共才卖了六个single houses.
2. 市场上的房子越来越多(grapevine, mls). 就是这个论坛上的房for sale的椰干着多了起来了。
3. food price, energy, gas expenses this year will increase by 7% this year worldwide, our salary are not expected to increase by such much, this means that we earn much less money than before. Less money will be left to purchase houses any more. Also due to inflation, bank interest will increase soon I guess.
4. If the house prices keep rising, Canada will gradually lose its priority for immigration and livings. If we need to work hard for the whole life only for a house, why we come here, for what? so bad weather, no access to our lifestyles we already got used to, so high tax.
5. Check how they build the house, what materials they use, and how much they paid for the land, you will know that a house is not worth that much in value. The cost to build a 2000 square feet house is around 150K I guess. The price now is too much overpriced. It is not healthy, it is a bubble, sooner or later it will break, it is kind of stock (although a bit different).
6. In ottawa, chinese population counts for about maybe 5%, but check what percentage of houses were sold to chinese now, 40%? I guess. Why? Because of the traditional concept and also many chinese believe that the house price will keep rising, buy a house is kind of investment, some even buy two or more.
7. Most local residents cannot afford purchasing any houses, the sale of houses mainly rely on rich investment immigrants now.
8. Builders accumulated lots of money in recent years, so they have the capability to keep the market a bit longer, 硬撑着。。。
Typed these things in a few minutes, lots of errors I guess, haha...
1. Richcraft 在riverside 五个月总共才卖了六个single houses.
2. 市场上的房子越来越多(grapevine, mls). 就是这个论坛上的房for sale的椰干着多了起来了。
3. food price, energy, gas expenses this year will increase by 7% this year worldwide, our salary are not expected to increase by such much, this means that we earn much less money than before. Less money will be left to purchase houses any more. Also due to inflation, bank interest will increase soon I guess.
4. If the house prices keep rising, Canada will gradually lose its priority for immigration and livings. If we need to work hard for the whole life only for a house, why we come here, for what? so bad weather, no access to our lifestyles we already got used to, so high tax.
5. Check how they build the house, what materials they use, and how much they paid for the land, you will know that a house is not worth that much in value. The cost to build a 2000 square feet house is around 150K I guess. The price now is too much overpriced. It is not healthy, it is a bubble, sooner or later it will break, it is kind of stock (although a bit different).
6. In ottawa, chinese population counts for about maybe 5%, but check what percentage of houses were sold to chinese now, 40%? I guess. Why? Because of the traditional concept and also many chinese believe that the house price will keep rising, buy a house is kind of investment, some even buy two or more.
7. Most local residents cannot afford purchasing any houses, the sale of houses mainly rely on rich investment immigrants now.
8. Builders accumulated lots of money in recent years, so they have the capability to keep the market a bit longer, 硬撑着。。。
Typed these things in a few minutes, lots of errors I guess, haha...
