So I’m looking at these forecasts for the Vancouver and Canadian real estate markets and they feel like someone is showing me how nice their living room is, while the kitchen is on fire and the boiler just exploded
The same soothsayers who happily tout infinitesimal improvements in job or other data to explain wildly rising mkts, somehow being blind to the greatest economic event any of us have ever experienced...or ridiculously calculating 2.5% price movements as a result!
It would make more sense to throw a dart at a board and pronounce that your house will be worth a billion dollars at the end of the year, than to pretend you are looking at these circumstances and have meticulously calculated their impact to be a 2.5% price decline
Just say nothing if the alternative is insulting our intelligence with such unmitigated bollocks
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