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Thinking about buying a condo in Vancouver?
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In a recent Globe and Mail article, three well-qualified analysts stated that 1) a serious double-dip recession was likely and necessary; 2) a double-dip recession was possible but should be fought by increased public spending; and 3) it isn't going to happen at all, the recovery is started.
If you buy 1) or 2), you might want to wait for a bit of a correction. Condo markets tend to move (in both directions) faster and sharper than the overall market.
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