RE:RE:The fedAll anyone has to do is watch interest rates and inflation, the feds around the world will increase interest rates until inflation has come down, it's called economics 101. The last time we seen inflation this high and this stuborn was in the late 1970's early 1980's and what happened then. Well people in the late 70's where saying interest rates would stay low forever and houseing would continue to increase at outragious numbers they burried their heads in the sand. Oh look they where saying the same thing this time around, interest rates would stay low forever,never go up again. I bought a house in Airdri in1980 for 42k sold it 10 months later for 89k huge money back then. Turned around and bought a house in south Calgary for the 89k and interest rates where starting to go through the roof. To make a long story short interest rates peaked a year or two later because of high inflation at over 18% and houseing dropped through the floor, I sold that house for 43k three and a half years after I bought it. That is what is coming accross anada this time. WATCH INTEREST RATES AND INFLATION they tell folkes the truth not some analysts or some realistate agent trying to sell a house.