May 25, 2013

The Million $ Dollar Crack Shack Mansions of the Vancouver Housing Bubble

A few of the great many million dollar shacks that are for sale in the Vancouver, Canada housing market. These three houses were all extremely modest in size, very old, and all are priced well over one million dollars. Many people believe that his housing bubble will never burst. Things are getting very crazy in terms of valuation relative to income. Canadian households are in levels of debt that exceeded U.S. levels from prior to the American bubble of 2008.