Hey I can top that. How about…. Condo conversions in Port Alice!

Fantasy Island.

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You could have discovered this by looking at a map.

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i.e. you might report the income from the three suites in the tri-plex but not report the revenue from the guys who store the 2 RV’s in the garage and pay cash?

Or:

Your might give the basement guy free rent for one month for painting your daughters condo?

Or:

Pay your office cleaning service a little extra, but get them to clean up your house?

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BTW have you ever been to San Diego? You can buy a house there for less than here and the weather is a little better. Oh and wages are a little higher too!

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What is the “other blog”?

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I have spend almost 6 hour in ferry process and 6hours over there may be not enough to comment on victoria,but my conclusion is based on future of that city compare to city of vancouver.

we have lots here, but not much there .even beach over there are actually part of ocean.so edges are just a cut of to be close we can not call them sandless beach and despite it was sunny I have notice only 15 to 20 people.

I have seen calgary,edmonton,and victoria,london,germany,new delhi so far.vancouver is worth living despite high cost of living.we can feel the heat, with eyecostic stuff here every where which is hard to capture by cameras. people just give up and buying is a bottom line here in vancouver for this world.I think vancouver is a dream land for this world “who ever lift the sheet will be surprised.on otherside all artist-architects.engineers,and all the labour force are making sure to avoid histroy of baloons.we have heard lot about river band developers,but there are also some big names which make this construction industry proud like concord paciific has just become number one developer of canada,bosa is also an award winning developer.

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If you try to squelch him/her on the other blog, it will certainly raise a red flag.

Yet if you accommodate the rant, sooner or later it will attract the attention of the tax police for sure.

Although there is a possibility it may be a real investigator, who is looking ahead to prosecution time and may not want to be challenged as gone on a fishing expedition, and may be a decoy to attract some whistle blowers.

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What? You didn’t go to Miniature World?

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that would cost almost $50.00 to save few bucks on tax so I just bend those receipts.

that is very much different expereience,to travel through ferry and parking cars for $40.00 one way,thats the best part to travel.

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Satv:

Why worry about saving money-aren’t travel expenses, tax deductible?

You can claim as research.

Review tapes from your course on purchasing with nothing down.

There is a vague section on tax advantages.

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here is I am.

I had visit victoria yesterday.I have found this ot, topic from freako about victoria today.

beleive me vancouverites hardly can find it exciting.what i have discovered,victoria is land covered by oceans.lots of island buildings are few but quite,and low rise only ,no high rise.street level are not up to vancouver standarad.

I have notice lots of big banners advertised along the drive way one of them was missing and request for sponsored to place their add,
that banner was sayung”I watch 63,000 cars every day”.

I had visit parliament,and london museum.those wers trace of buckingham palace and madam tausad.

there were lots of place I just skipped them to save my time, and money.

victoria is lack in activities,and in things to do.

otherwise its nice,quite,and clean on my way back cops blocked some exits ,spend 45 min extra to find alternative way to catch the ferry.

I think because usa market is down so victoria have advantage as one of canadian city.

I have notice some projects are under construction.

I would say when victoria is 17%,
30 over seattle, than vancouver deserve space rocketing.

in victoria only ocean islands are limit.

in vancouver so far sky is a limit.

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Well greater Victoria covers Langford, Saanich, heck even Sydney.

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I am looking for Satv as well. I want to talk to him, and a few of his “investor” friends.

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I punched that into xe.com for dollar conversion, which gives me 400,565.16 canuck smackaroos. Dividing 515 by 400, I get an increase of 28.75 percent, which is “almost 30%”.

Of course the Seattle numbers are Q1, so could have gone up or down since.

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I wonder why the doshes of the world lurk around the blogsphere if they were so sure of themselves.

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I can’t find prices for just SFHs in Seattle, but the overall residential market is between $511k and $580k. So even if all of these were SFHs (and there are a lot fo SFHs in Seattle) there is no way that Victoria is 30% higher than Seattle.

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The secondary market has gone totally illiquid, so some companies can’t unload the mortgages they originate, and that means are holding the bag themselves. The result is that they will not originate less than prime mortgages. The impact of this is severe. Since it affects the lower end of the market more, it will actually raise median prices, but that is only an illusion, and apples for apples data such as Case-Shiller will tell the true story.

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Now that is funny. You will soon see what the relevance is.

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RE is local, but credit is national, and this bubble is truly global.

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