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one thing we are missing here is:
( F% T- Z& D0 `, v: wFor those who have the house. The price goes up, they can get more line of credit out of their house.
. S: @1 F$ `# M8 c6 xWith that money, they can invest. for example, buy another house/condo, and rent it.
9 l1 J T& _# tAlso, the higher the oil price, the higher salary you will get next year.* p, {( H, F4 [8 n# g9 k1 Y/ G
One statistics shows Edmontonian will get 5.6% raise next year.. }* T, G, `. v6 L5 `
I don't see what is the harm do to those who have house. |
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