Many severance and EI packages are running out for many folks laid off from the oil industry. Even with prices at 50 a barrel, what is the likelihood of any new mega projects going ahead? How else are those young engineers going to be employed? Many don't even realize that the salaries in the oil industry seem to be approx 30 percent higher than many other industries. Trump's gutting of environmental laws will open up more drilling in the states which will put downward pressure on the market and so will all of the frackers. It is likely that some OPEC countries will cheat on their promises, they have in the past. So what will drive the housing market in Calgary? Cosmopolitan lifestyle? Frigid prairie winters? Lush greenery and foliage? Ocean views?