Buying into the Real Estate Hype could put you down and out.
Vancouver, is touted as one of the best cities to live in the world. Many in society are wondering, is it?
One mantra that has inflamed many is; "British Columbia, the best place on earth".
Who spreads these mantras?
The politician no doubt, looking to either spread their mantra to the world as a source of pride or perhaps to get British Columbian's to buy into it?
The federal government of Canada's Finance Minister Jim Flaherty is looking to clamp down on home mortgage regulations, what many think as a safeguard for Canadians in debt.
Perhaps this mortgage regulation is geared to prevent a possible mirroring of a U.S. housing meltdown, Canadian style. TheBank of Canadahave stated many Canadians are stretched to the limit financially.