The number of Calgary inquiries soared more than 1,000 per cent in August and 420 per cent in September, http://www.theglobeandmail.com/real-estate/vancouver/chinese-home-buyers-turn-attention-away-from-vancouver/article34226834/

So true! But I still think in any market, anywhere, there are still some good deals waiting for you. For some people, even they bought at the bottom, it would not be a good deal.

Yes. But my priority is always the ability to hold.

If I have lived in Edmonton, I would prefer to focus on Edmonton or Calgary. Calgary would be better since it is in the list of top 10 livable cities in the world (with Vancouver and Toronto). That would be an attractive for foreign investors (Asian) for real.

For me, it does not matter at all if you set 10 years for the timeline. What I consider is usually cash flow to be sure that nothing can interrupt my journey towards 10 year anniversary :) I prefer to calculate the equity more than the gain since the gain is something too difficult to forecast!

You never mentioned about bad or good neighborhood. Does it mean it is not important? Location in my understanding includes the reputation of neighborhood. But in some forums, some said that the reputation of a neighborhood would be changed every 10 year. Do you think so? If yes, how can we...