1. Immigrating is down and will be so for few years at lease 2. Students / working visitors down and will be so for few years at least 3. Jobs disappear - rates will be in double digits - FACT ( plus many more underemployed) no FAST reversal here... 4. Property owners still hopeful but realizing the dire situation now... 5. Even domain.com ( property lowers site ) predict drops of 30%
Prices will erase 6-8 % gain we had post election ( dean cat bounce ) in April .. and another 30% in next 12months
