building contractors are going to fall...

in Alberta the housing market has been crazy for sometime now...the new housing market as well...

sooner rather than later, builders who have not been futurecasting and paying attention to the business, economic and political signs past the saw dust they're making are already in trouble.

many have extended themselves to put more inventory out there and will no doubt go under...

the prices have finally reached their ridiculous peak and at $215 per sq ft to build new why would anyone with half a brain agree to do that??? especially when $50K into a home reno may serve them better...

this is an exercise in pure and simple unbalanced greed...unfortunately this market shift just like the mortgage crash in the US will take down some probably otherwise decent builders in it's wake...

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