Happy New Year!

A new year has begun. For some, this means overcoming a hangover, others, time to reflect, speculate, or make goals for the next 366 days. I'm not a believer in resolutions. However, it is nice to start a new year in order to make statements like "I haven't had a smoke this year" or "The Canucks haven't lost this year". Those statements often don't last very long.

What will 2008 bring? I'm pretty excited - I think it will be a very interesting year. I feel that there is much at the tipping point. Governments, economies, real estate, beer prices. Regarding RE, I'd be along the lines of HHV's predictions. Victoria has peaked, but without the help of a major external influence, will not crash this year.

I thought it would be interesting to get all of your takes on what is in store for 2008. I've created a few polls on the side - please do place your votes. And as usual, comment away. I always enjoy reading them!