Wednesday, November 15, 2006
So, I was trying to extrapolate future trends in Vancouver (un)real estate as we move forward to 2010 - the Big Party year for Vancouver.
It has been said that the median price for an SFH will be $1 million by then. So I crunched the numbers, and they made me think that this is the best time to buy!
Messrs Valouche, Muir, et al have been quite conservative in their forecasts. When I punched the numbers into my trusty calculator I came up with Error: Positive Infinity (see screen shot above).
Where did I go wrong?