- Joined
- Dec 16, 2008
- Messages
- 1,005
The Liquified Natural Gas (LNG) pipeline project could create life-changing fortunes for sophisticated investors. An estimated 75, 000 workers and, at least, 15, 000 more rental units are needed in order to house a growing workforce. Now THIS is the type of economy you want to get into immediately, so that when it really starts to boom (as it is in Saskatchewan), you will have already made a heck of a lot of money. You will make money if you invest at the beginning of a boom, but fortunes are created when you get into a market BEFORE the boom. There is a complete shift in real estate market fundamentals when you compare major markets, like Vancouver and Toronto, to the smaller booming rural communities, like Saskatchewan and northern British Columbia. Vancouver has no fundamentals, no quality job growth, and incomes are in decline. This is the exact opposite of a market you want to buy into. This is actually an economy you want to sell in, as Vancouver has reached its peak for its current cycle.