Could Be Worse

[MarkG]

I was just reading some articles about the property market here in Saskatchewan, and right now the vacancy rate for rental properties in the city is 0.6%, with rents up massively and one of the banks predicting that house prices will rise _30%_ here next year. Mostly thanks to large numbers of people moving here to make money from the commodities boom.

So house prices exploding, sod all to rent, and rents rising at around the same percentage rate as house prices; at least the British aren't being hit by all three of those at the same time. On the plus side, there are still small houses at the bottom of the market available for about 35k, but they're old and need a fair amount of work.