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I came across this article from Don Campbell, the President of the Real Estate Investment Network™, and Cutting Edge Research Inc. in Business Edge paper May 6 edition. It explains the future of the Alberta market and the theory applies to every market in the world.
You can find the article on the archive section (http://www.businessedge.ca/archives/archive-pdfs.cfm) of Business Edge, May 6, 2011 and on Page 23 of the PDF.
Also a similar post from Don Campbell can be found on his website. http://www.donrcampbell.com/this-past-weekend-changed-my-thinking-about-alberta-real-estate
If you haven't read anything by Don Campbell, he is an amazing researcher and author. His book "Real Estate Investing in Canada version 2.0" is a great book for beginner and experienced investors. I recommend his book to all of my friends who want to get involved in real estate investing.