[quote=ybitz]housing price is going up, rental price is going up, little or no inflation at the moment, wage is flat, and unemployment still high (over 10%). What’s going on? These economic indicators seem to be pointed in conflicting directions.[/quote]
Rental prices are definitely down. Lots of empty units out there too. My large condo apartment has at least 30% of the units empty, was full over a year ago.