Below are two graphs that look like they may have something in common. The first is from Whisperer's blog. We have posted it a few times here, and it shows how a mania unfolds in a graph.
I admit I have had trouble identifying where we were on the slope, but things may be a bit clearer now.
The second is the SFH average price for Vancouver. You judge.
BC Liberals successfully pump up condo prices - Here’s a surprise – it turns out if you hand out $13 Million in loans to the general population to buy a product, the price of that product rises. In this ...
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