Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description:  Brokers are rock stars, cabbies flip condos, and shacks are going for $1 million
Source: Businessweek.com
 
Date: 06/24/2010

Link: http://www.businessweek.com/magazine/content/10_27/b4185064551500.htm 

Questions for discussion:

Summarize the arguments presented that explain real estate price movements in Vancouver.

  • Do you think a bubble is forming?
  • What might trigger prices to fall?
  • Do you think that any of the economic and banking differences that exist in U.S. and Canada significantly affect the real estate markets in each country?
  • What is the primary factor that determines the value of real estate in any location?
  • How important are interest rates in predicting real estate prices?

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