Last one to post in this thread wins!
Remember I posted that two houses went up for sale very close to me. They were both listed for just a hair under 700,000. The both went up for sale on the same day and both sold 4 days later and both went for 810,000. One actually went for 810,333. Holy crap!!! How will kids ever be able to afford a place of their own? But I guess our parents said "that house went for 18,000, how on earth will our kids be able to afford a house in the future". Even an apartment is getting big bucks. A lady in Toronto is paying 3200 a month for a three bedroom apartment. Just nuts!!!
There will be a crash one of these days and people will be stuck with huge mortgages while the value of their house has plummeted.