5.27.2010

Too Good to be True?

"Things are getting awfully bubbly-sounding in the Ottawa condo market. I see this in newspaper articles and also in the conversations I have with my friends. A few years ago all the articles were about young professionals rejecting the suburban norms and choosing to live downtown for the lifestyle. Now, every article I read is about some 20-somethings buying condos they can't afford and stating that it's a sure-fire investment, a can't lose situation. It makes me quite nervous. I bought my condo to live in it, but I also want to sell it and move someday. Let's hope this mini Ottawa bubble does not burst before that time..."
—Anonymous