[saosebastiao]

Exactly what came to my mind. I saw this same behavior happening in 2005. When there is no marketable cash-flow producing use of investment property, you are in a bubble.

[kennywinker]

And the phenomenon is even worse now. If you sold a property in 2005 in Vancouver, I bet you wish you'd held on to it.

As someone else said, it's only a bubble when it pops. Good luck timing that.