Negativity not helpful

Check out this article on Forbes. Negative, negative, negative. It just goes to show that the mainstream media doesn’t get it and are always looking for the negative story. I suspect that they are beholden to the interests of wealthy renters who have a vested interest in seeing property values drop.

Ok, so there seems to be a bit of a dip in US real estate values – that doesnt mean that the party’s over! No sir! If we can all remain positive and focused we’ll continue to see a constant and solid rise in Vancouver real estate values because VANCOUVER IS DIFFERENT. I mean really, who wants to live in California anyways? Vancouver has sunshine, beaches & beautiful outlying areas to visit: Surrey, Burnaby and Port Coquitlam just to name a few. We also have low taxes and lots of good paying jobs in construction building houses.

So lets keep those people employed! Lets focus on the positive and keep pushing property values up. Negativity is of no help to anyone.

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Anonymous
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Anonymous

Unfortunately there is really nothing "positive" to say when you are priced out

dingus
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dingus
"Priced out" just means you're not trying hard enough! ONLY LOSERS will admit defeat this way. Here's what you do. Get a big line of credit to puff up your downpayment. Max out the credit cards with cash advances. Then apply for the biggest 40 year mortgage they'll let you have. (yes, Virginia, they exist here in the North Country, you just have to do a little digging). Whatever you do DO NOT DISCLOSE the fact that your LOC and cards are maxed out 'cause it'll f*ck up your debt service ratios. Trsut me, the lender DOES NOT WANT TO KNOW. Worried you're in over your head? What's to worry? Your property will increase by twice your annual salary anyway. Just put tap that big ol' faucet on the side of the house and let the equity flow into that… Read more »
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