Yet every week I see articles saying the national housing demand is still very high.Barring WW3 it’s not crashing anytime soon (within 12 months )

Markets can crash but knowledge can never be taken away.

The big one I can see is if the market crashes and the appraisal value is far less it might make it hard to find a lender. 4.

I agree 100%—— I just had a DOOMSDAY investor saying the market is going to crash and burn next yr, and wanted to cut my fee’s because his bank raised his interest rate to 6%.

when the housing market crashed.

But because prices are high across the board, maybe pay the loan off now and then maybe by the time the next crash comes around you'll have all the money ready to jump.

I count on a market crash.

2 new bathroomsflooring throughoutpainting throughoutNew plumbing, likelylight fixtureswindowslandscapinggarage doorsinterior doors/trimExterior paintingGarage shingles (barely any pitch but still has shingles)Garage slab 1" crash down the middle.Misc framing, drywall repairs, backspalsh, etc.I will update the list as I am sure I am missing a few items and provide more pictures after the renovations are completed.My initial estimate was about 70k in repairs. 

Bottom line, yes, the market crash back in 08/09 caused this.

The oil and gas crash, also spurred an innovation ecosystem in Calgary, and there are many entrepreneurial groups trying to diversify Calgary so we're not driven by commodity prices.