I've just been following this because I live here. Also, I looked at all the houses being built, and all the condo-cranes, and I thought that this couldn't last. To top it off, some bank economist says that Ontario is going into recession, but housing will remain strong. Yeah? Tell me how housing will stay hot in a recession!
Now gas is going up to $1.50 a litre for cottage season. That's going to affect the hot cottage market for sure. I went through all this in the 80's, and here we are again!