Re:Chinese Buy One-Third of Vancouver Homes: National Bank E...
by aminok on Friday March 25, 2016 @06:16AM
(#11359300)
>then renting will indeed contribute to sustaining a bubble more relative to getting out of exercising demand on the market completely
True. In relative terms, and in this context, you could say it 'contributes' to the bubble.
I still maintain that the concept of normal (organic, non-speculative) demand contributing to a bubble is generally wrong. I don't think it's accurate to say that any and all sources of support for the price are contributing to the bubble. This conceptual framework will mislead people about the cause of a bubble.
But in the context you're using it, it could be considered accurate.
PS. you don't need to get hostile. I was explaining how I interpreted your statement, not 'putting words in your mouth'.
True. In relative terms, and in this context, you could say it 'contributes' to the bubble.
I still maintain that the concept of normal (organic, non-speculative) demand contributing to a bubble is generally wrong. I don't think it's accurate to say that any and all sources of support for the price are contributing to the bubble. This conceptual framework will mislead people about the cause of a bubble.
But in the context you're using it, it could be considered accurate.
PS. you don't need to get hostile. I was explaining how I interpreted your statement, not 'putting words in your mouth'.