### Comment:
We're in the same situation up here in Canada.. every guy and their brother are selling their existing homes and rolling the insane profit into upgrading to bigger more expensive homes.. neverending real estate growth.

### REPLY:
Canada has a lot more immigration and the housing stock has been an export (not physically duh) to foreigners as a safe haven asset. There have been localized mini corrections but still remotely no sign of market panic.

### END.