what will happen

清清鱼娃娃

Annual price comparison of an average single-family dwelling, as compiled by the Edmonton Real Estate Board.
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) `& |% U' c# V$ z- 1966: $13,752
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- 1971: $22,227

2 l6 v* f' K8 p: T# R- 1976: $58,064
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- 1981: $91,438

4 l3 Y6 D/ e: m- 1986: $74,306

+ Z# W4 W2 a: y* Q! a% v2 Q% t: ^- 1991: $107,076

- 1996: $109,042
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% l. d: r" t5 C0 z9 t( R- I8 e- 2001: $133,441

; n7 ?0 h) W# p3 V& ~3 `5 U- 2006: $250,915

$ k# Q: Y8 q( c! ?9 L2 v- a- 2007: $340,886*
* E$ C- T0 j. f3 b5 A, j/ Y0 m0 e5 j
5 L; `; T' i4 J6 e. h# {* Average of monthly house prices between January and April 2007.
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Prices not adjusted for inflation
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# [# f; Q5 j% F+ i( X+ mTHE LAST BOOM

Some explanations from Mike Percy, dean of the School of Business, University of Alberta:
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- What contributed to the last housing boom in Edmonton in the early '80s? Higher energy prices, investment and large net migration to the province.

6 O, p! A0 L/ w4 C* K: C- What was different then? That was a period of rampant inflation -- interest rates in the 20-per-cent range, inflation in the double-digit range.
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$ s# z* }) g( r6 z- What led to the collapse? The National Energy Program, and interest rates were so high that it was impossible to carry and finance debt. This was the period of the walk-away, the $1 sale of a house. People couldn't afford to maintain their houses, so they would sell it for a dollar to get it off their credit record.
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- What happened after the collapse? A tremendous number of bankruptcies ... . In Edmonton and Calgary you had see-through buildings, ghost buildings -- they were in place, but there were no tenants. You saw a net negative migration from the province. It was dramatic and it was sustained. It wasn't until the mid '90s that housing prices on average had reached their '81 level.
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' T. U# o2 Q$ E; ~w Is that kind likely to happen again? I think it's far less likely. The economy is inherently more stable ... and what's driving growth in Edmonton and Calgary is sustained capital investment in the oilsands. ... After living through '81/'82, I'm still reasonably optimistic that we'll get the policies right.

BaiLing

I'm still reasonably optimistic

苹果鸭梨

历史会重演吗?

80后

燕子山

房价的比较应该是年收入，而且现在的房子大小，配套和十年，二十年前如何比较？