Quote:
Originally Posted by SPACEMANRICK
Good point, the collapsing oil prices have to have hurt the pocketbooks of many of those in the Calgary market  |
Well, no, not yet. If oil stays this low for a long time it will, but this is still short term (despite the hype). It was only 5 months ago oil was $110. Right now, people are pulling back on capital spending plans (which affects areas around Calgary more than Calgary) and we are all waiting to see what happens.