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one thing we are missing here is:, T& ]6 Q7 C8 @6 K/ W# n, u
For those who have the house. The price goes up, they can get more line of credit out of their house.
8 M% |8 ?/ y0 h" K, SWith that money, they can invest. for example, buy another house/condo, and rent it.- G* v" x& W) W' k
Also, the higher the oil price, the higher salary you will get next year.
( ~0 \: X8 _ N# [$ D5 P2 M8 ^0 OOne statistics shows Edmontonian will get 5.6% raise next year.9 d+ |( l, P0 O3 t4 S9 ]1 B
I don't see what is the harm do to those who have house. |
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