Salt Spring Island reality check if your house is listed at over a million it will sell soon. A million is just not a million any more. With the USD in free fall the Canadian government is in close pursuit and will have to devalue the currency fast. Start up the press and print that paper money as fast as we can.

The problem is that we have a minority federal government that will need to muster a lot of votes in Ontario. Ontario is very dependent on Auto parts jobs and the high dollar will kill so many jobs. So we are in a devaluation period of paper currency. As one pundit put it currencies are in a race to the bottom.

So if you are trying to sell your million dollar house it will get easier in the spring when the interest rates will come down and the CND will drop below the USD.

cheers
Scott

This is not intended to solicit current listings.  

http://www.escapetosaltspring.com

 

 

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Salt Spring Island real estate agent Scott Simmons

Salt Spring Island, BC

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One Percent Realty Vancouver Island

Office Phone: (250) 538-8316

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Salt Spring Island real estate information by Scott Simmons a agent that can help you find your dream home at the right price. Scott's brokerage is One Percent Realty Vancouver Island


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