I think the problems lie in other sectors this go around-not housing. 

Numbers and refi look great I just keep getting reminded don’t build in the apartment sector. 

Then I did further research, especially focusing on growth in the tech sector, since I work in that sector and do believe that it is the future, and will provide stability in the region. 

I still see a lot of vacancies in the retail sector in my area.

Entry level housing in many areas started coming off the bottom in 2009 but multifamily and other commercial sectors have lagged behind in their recovery by years and years.3.

Multi Frothy and a sector to watch.. as cap rates have been crushed .  

I like to trade different sectors of the market.

The CEO of the company I work for started off swinging for big deals in the office sector.

Ty generally you get the farthest by specializing in asset class and what subsector of it you wan to pursue.Example you can look at multifamily, retail, industrial, office, mobile homes, commercial land development, and on and on.Within each sector you can then look at for example if you want to do transactions, do property management, or tenant representation or landlord work for leases.Generally lowest return is property management, then leasing, then transactional is highest return, followed by pinnacle is usually syndicating deals as a sponsor and investor.So find a sector you really like and then daily work to become a world class expert at it.

@Christos DimopoulosThe CAD has always been dependent upon commodities, but in the past decade the Canadian economy and government policy had bet far too hard upon oil to the determent of other sectors.