From: "Sam_I_Am" 
Newsgroups: misc.invest.real-estate
Subject: Re: Pop goes the bubble
Date: Thu, 02 Sep 2004 00:49:49 GMT


"Robert Kim"  wrote in message
news:Pine.SOL.4.58.0409011438200.26818@herald.cc.purdue.edu...
> On Wed, 1 Sep 2004, Michael Yardley wrote:
>
> > I live in Vancouver BC Canada, a very volatiale market. What goes up
> > come's down true, but the long term trend of Real Estate is up as
more
> > and more people are immigrating to North American. It will be the
> > immigrantes that keep the prices up. Yes buy for cash when the
> > market's are slow. But on the long term real estate is the best long
> > term inveestment that you can make. That is buying your own home.
>
>
> True for as long as we don't get hit by The Big Quack.

Do they have Big Quacks in Canada?  I thought that was only for
California.