How the Alberta Advantage is Protecting Us from Real Estate Armageddon
Once again the headlines are telling us the world is coming to an end and this time it's for real. At least according to one newly minted condo owner in Windsor, Ontario who finds himself making some tough decisions about his finances.
But is he unnecessarily putting himself in harm's way? What of the Alberta economy which seems to be humming along just fine? And what of home prices in the land of oil and gas?
Interest rates are not local, but real estate is! Pay attention to the provincial economy when you purchase a home. It may matter more than the interest rate..