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#412221 - 09/04/12 02:33 PM Montreal Real-Estate if the PQ gets in!
savvymoney Offline
Member

Registered: 08/14/12
Posts: 87
Loc: Canada
Alright guys here's a small recap.
Quebec is holding a general election where the people will choose its new leaders for the next few years.

The separatist party, Parti Quebecois wants to separate Quebec from Canada and by accomplishing a referendum. There were already 2 since the 1970's - however that scared many English people away so at one point the housing marketing in the most precious places in Montreal were 150,000 -- now the property has obviously went up, some places fetching well over 2-3M but average of 250,000-300,000 for a house on the island.

Can we see this again repeat itself if this party comes into power?!

Your thoughts.

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#412253 - 09/05/12 09:20 AM Re: Montreal Real-Estate if the PQ gets in! [Re: savvymoney]
Kjmendy Offline
Veteran Member

Registered: 05/16/10
Posts: 935
Loc: London, Ontario
Well it's a minority government so the PQ could be held in check or the Libs & CAQ could try to form a coalition, but it is too early to tell yet.

I would imagine that the Montreal and Quebec real estate market would go into a holding pattern for now, but I would imagine very little upside if there is another referendum on the way.

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#413426 - 09/26/12 11:07 AM Re: Montreal Real-Estate if the PQ gets in! [Re: savvymoney]
ducourtier Offline
Member

Registered: 08/01/12
Posts: 108
Loc: Gatineau, Quebec
Imagine if real-estate in Montreal really did fall apart?! I work from Ottawa and it could bring a nice influx of buyers out here smile

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#418067 - 01/08/13 02:11 PM Re: Montreal Real-Estate if the PQ gets in! [Re: savvymoney]
RyanLB Offline
Junior Member

Registered: 09/11/12
Posts: 6
Loc: Canada
Marois has been in power for months now and it doesn't look like prices have declined much so far. That could change, but I think these fears were unfounded. I don't see another referendum coming in the next few years, based on recent polls.

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#418352 - 01/14/13 02:08 PM Re: Montreal Real-Estate if the PQ gets in! [Re: RyanLB]
savvymoney Offline
Member

Registered: 08/14/12
Posts: 87
Loc: Canada
Originally Posted By: RyanLB
Marois has been in power for months now and it doesn't look like prices have declined much so far. That could change, but I think these fears were unfounded. I don't see another referendum coming in the next few years, based on recent polls.


i sure hope not

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#418418 - 01/15/13 09:13 PM Re: Montreal Real-Estate if the PQ gets in! [Re: savvymoney]
cartert Offline
Member

Registered: 04/14/12
Posts: 157
Loc: Saskatoon, Saskatchewan, Canad...
What chance does a referendum actually have though? Isn't there majority support in favor of remaining a part of Canada?

I never did understand the motives of the separatists..

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