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one thing we are missing here is:
! h* J& L" Q, S, Q! a; SFor those who have the house. The price goes up, they can get more line of credit out of their house.
# `1 ]# h, f7 |. m6 j6 n6 YWith that money, they can invest. for example, buy another house/condo, and rent it., l' C8 ]! k& Y
Also, the higher the oil price, the higher salary you will get next year.
6 U! b2 @ P" \/ S, R7 NOne statistics shows Edmontonian will get 5.6% raise next year.; l/ z& r' S! U# I) A& f6 J- u6 O
I don't see what is the harm do to those who have house. |
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