Comments on: House Prices: Sydney Australia vs. Vancouver BC

By: Van Housing Blogger

Van Housing Blogger — Tue, 29 Aug 2006 21:29:00 +0000

Hilarious. I love it!

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By: Anonymous

Anonymous — Mon, 28 Aug 2006 00:43:00 +0000

ahh sorry pope - i didn't read who wrote the article. But thank you for debunking the pole reversal theory - yes that chart flips no matter what scenario! YESSS!!

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By: Anonymous

Anonymous — Sun, 27 Aug 2006 23:40:00 +0000

Can anyone provide addresses to some other web pages that also discuss Lowermainland real estate? I'm new to this and was wondering where you guys are researching/browsing.

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By: Anonymous

Anonymous — Sun, 27 Aug 2006 16:27:00 +0000

Great to have a blogger with a sense of humour and a sense of the written word. Cheers!

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By: the pope

the pope — Fri, 25 Aug 2006 20:50:00 +0000

Hey now! Freako is obviously a very bright guy, but I'm not willing to hand over credit for this insight.. I worked hard on this analysis and I'm taking all the credit.The reversing of the poles doesn't change the nature of my argument, one of us is still upside down in relation to the other.. not to mention look at this bright side: If our market crashes AND the poles flip all of our graphs will be upside down so they'll go up again! hoo-ray for the power of nonsensical positive thought!

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By: Anonymous

Anonymous — Fri, 25 Aug 2006 20:33:00 +0000

but freako did you not forget something - the combination of global warming and the poles reversing - will this not turn Vancouver into Down Under??? omg...

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By: Anonymous

Anonymous — Fri, 25 Aug 2006 20:30:00 +0000

LOL - that's awesome... all hope is now restored.. thank you

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By: solipsist

solipsist — Fri, 25 Aug 2006 16:49:00 +0000

Anonymous said... I am considering it for, what I thought, obvious reasons. Those are: 1) the market getting away on me and (2)we are seeing signs of a 'correction' but will there be a significant change in prices? For those reasons I am debating the purchase. FYI - it's been on the market for almost 2 months. Units in this particular building do not stay on the market for over 2-3 weeks. 1) The market got away on you (all of us actually) two years ago...2) The correction has barely started. Next spring you can probably get that place for 225K, and next fall, for 150K.Try offering them 200K - along with the links to this site, VHB, AFB, and a few others.I am getting tempted to start making offers on things at 50% of asking price - just to give these optimists a heads-up to what is coming.If that place has been sitting for a couple of months, don't even think about it. Make an offer for at least 10% off asking, and tell them that your next offer will be 20% off, and so on.

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By: Anonymous

Anonymous — Fri, 25 Aug 2006 15:17:00 +0000

I am considering it for, what I thought, obvious reasons. Those are: 1) the market getting away on me and (2)we are seeing signs of a 'correction' but will there be a significant change in prices? For those reasons I am debating the purchase. FYI - it's been on the market for almost 2 months. Units in this particular building do not stay on the market for over 2-3 weeks.

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By: kam

kam — Fri, 25 Aug 2006 14:53:00 +0000

anon- if you think its overpriced why are you considering it? If the numbers make sense to you and you want to live there then go for it, but keep in mind that historically condo's don't tend to increase in value much - they often depreciate. No one can tell you if or when there will be a correction, but we've had two years of price increases and even realtors are expecting a correction in the condo market.

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