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And the property boom was only part of it. A lot of people made a lot of money over the past 10 years in non-property related boom areas. Just count the Sunseekers in Thompson's Bay on a summer long w/e.

I dunno. Eventually yes, but there seems to be all this 'global uncertainty' that may inevitably hinder the said resources boom, not to mention RSPT or other factors affecting confidence. I'd be waiting for the yields to come up a bit here first before another buy. The negative gearing...