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Alberta Real Estate Forum

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Steve R.
  • part-time investor/landlord
  • Calgary, Alberta
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66
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Alberta forecast for 2016

Steve R.
  • part-time investor/landlord
  • Calgary, Alberta
Posted Dec 26 2015, 13:05

Hey guys,

what is your take on what is happening in Alberta with the oil down?

rents in Calgary are already going down and vacancy rate is above 5%

some experts predict oil to go down to $10 per barrel, that would put economy in Alberta in a hole for a long time, even if oil prices start going up end of next year because industry cannot recover that fast.

Are you still going full speed on buy and hold, flips, etc?

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