My boomtown hometown needs more people. Every business is hiring.
Ignore headlines like this: average house price increased 35%
Much of the talk in Calgary is about real estate. Average price has increased by 35 per cent for homes here over the last year, mainly due to the simultaneous increase in the price of oil. Alberta has arguably the second largest proven oil reserves in the world.
Against the wisdom of the streets, I’m predicting a big drop in house prices here in the next 15-months.
Things have a way of “correcting”.
It will be time to move to Calgary and buy in when that dip comes.
Rick McCharles 