http://www.discusseconomics.com/debt-management/cibc-says-canadian-house-prices-to-double-in-twenty-years/ Join the conversation on a variety of economic and finance discussions. Fri, 30 Jul 2010 09:56:01 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.discusseconomics.com/debt-management/cibc-says-canadian-house-prices-to-double-in-twenty-years/comment-page-1/#comment-21101 Nashville Homes Sun, 12 Jul 2009 17:37:02 +0000 http://www.discusseconomics.com/articles/uncategorized/cibc-says-canadian-house-prices-to-double-in-twenty-years/#comment-21101 It's hard to believe that any real property could double over the next 2 decades in light of the past 3 years, but I do see the argument. The reason I don't see this as possible is because of capitalism. If real estate prices begin to skyrocket, more builders and developers will get into the business adding more supply and keeping prices from rising that far. Building material and land costs would have to double as well and that just isn't possible in a world economy without extinction. It's hard to believe that any real property could double over the next 2 decades in light of the past 3 years, but I do see the argument. The reason I don't see this as possible is because of capitalism. If real estate prices begin to skyrocket, more builders and developers will get into the business adding more supply and keeping prices from rising that far. Building material and land costs would have to double as well and that just isn't possible in a world economy without extinction.

]]> http://www.discusseconomics.com/debt-management/cibc-says-canadian-house-prices-to-double-in-twenty-years/comment-page-1/#comment-21096 CIBC: Canadian House Prices to Double in Twenty Years – Still True … | Sun, 12 Jul 2009 15:56:11 +0000 http://www.discusseconomics.com/articles/uncategorized/cibc-says-canadian-house-prices-to-double-in-twenty-years/#comment-21096 [...] the example here:  CIBC: river House Prices to Double in Twenty Years – Still True … This entry was written by admin and posted on July 12, 2009 at 4:14 am and filed under Object. [...] [...] the example here:  CIBC: river House Prices to Double in Twenty Years – Still True … This entry was written by admin and posted on July 12, 2009 at 4:14 am and filed under Object. [...]

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