It would be interesting to see what's happened in the last two years.Graph of average Vancouver house price vs. income:
I couldn't agree more! If anybody thinks/hopes that interest rates will remain that low for long, they are in for a rude awakening.hard to predict where interest rates are headed in the next 10-15 years? you are kidding me. we currently pay 2%. I will guarantee you that rates are headed up in much less than 10 yrs
try 2-3yrs. get your cash ready, housing prices are coming down..