First off, I just love B.C. B.C.'ers have learned to become a "black belt in life" - that truly
balanced life.
Our environment is majestic (I am awed every time I ski), the climate is outstanding, and
the views spectacular. There is a very special flavour here. Call it the crisp mountain air,
the sweeping, wide-open spaces, the fresh ocean spray, balmy sunsets, golf in February
and wine in September. This is the best place in the world to be, where you can enjoy that
truly balanced life.
People come here from all parts of the world (inward migration is at a high), bringing
their individuality, their experiences and their business know-how.
To work here is a privilege. To live here is a true blessing. To study here is a benefit. To
worship here is a natural. In the whole world there is no place like it. It is paradise.
So no great surprise, therefore, I am still buying B.C. real estate and here is why I think
this province will continue to be a great real estate investment.
1. Values grow where people go. When employment rises, occupancy of apartments,
houses and offices rises - and employment in B.C. will continue to rise.
2. We live in the world's most unreported inflation, which has driven real estate prices in
Vancouver from $16,500 in 1965 to more than $1 million today.
I believe that inflation will return worldwide and all hard assets - including real estate -
will continue to rise, not necessarily in a straight line, but they will rise.