I've heard an analysis about oil price will down to $100 and then around $88 sth.Will it affect housing price in BC? If it happen, should buy or rent?If the oil price go down,will if affect housing price in BC?
Typically oil prices don't have that big an effect on housing prices. The exception is when the oil industry is really big in that area (not sure if BC has a big oil industry or not) but even if that is the case, I personally doubt it would have such a huge effect considering that oil prices were $20 or so 8 years ago.
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