housing bubble

Is a soft landing possible in Canada?

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soft-landing.jpg

Before being completely discredited by the subsequent turn of events,
many industry experts, economists and commentators floated the idea
that US housing prices would moderate a bit, eventually bringing prices
back into line with other economic fundamentals over time. This was the
widely quoted "soft landing" theory of the US Housing Market.

At wikipedia, the following definition for a soft landing is provided:

Victoria Watercooler #1 - Wealth Effect

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Watercooler Couple

I'm hoping some readers will take the time to make a comment or two on this post, I get lonely writing this blog sometimes, and it's hard to tell if the blog is having any impact, good or bad, with a lack of commentary.

Okay, shameless begging for commentary will end there. The reason I am begging for commentary is due to some comments made over at Vibrant Victoria. I am wondering whether the blogosphere accepts and agrees with these comments, or not?

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