Friday free-for-all

This is your open topic post for Friday August 31st. Whats new this week?

-We're the 2nd most overpriced market in North America!
-BC government provides 'home kits' for disadvantaged.
-Locals drive the island market
-Sub-prime problems hit high-end housing
-Housing continues to be a drag on growth
-Creative loans got us into this mess, can they get us out?

What are you seeing? Will our market soar or sour in the fall? What happens after 2010? Post your thoughts, news and links here and have a great long weekend!