but look at your Vancouver friends and relatives over the last 40 years – 20 years – 10 years – even two years. We could not have had a more volatile market and yet had you bought, at any time, you would have outperformed all others.

Well, that does it. Sign me up right now. Imagine that; it wouldn't matter if you bought 40 years ago or two years ago – it's all the same. Money in the bag.

I'm so totally sold on that idea.

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"Restricted", eh?

Here's the footer at the bottom of the article:

Ozzie Jurock is a Canadian real estate adviser and author of Forget About Location, Location, Location. He is featured in Donald Trump's latest book, Trump: The Best Real Estate Advice I Ever Received. Your can reach him by email at oz@jurock.com or at http://www.reag.ca.

BWAHAHAHAHAHAHAHA! Good call Jade!

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Looks like it was written by Ozzie Jurock.

"It is the ONLY true wealth creator over time. "

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loved that Sun article!

they couldn't even print the name of the shill that wrote it.

me thinks the end times are nigh……

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"There were 271 new listings today and 188 sales for a sell/list of 69.37%. Inventory reached 10,808, of which 2,633, or 24.36% were over 90s.

Over the last three days there have been 760 new listings and 428 sales, for a sell/list of 56.32%"

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http://tinyurl.com/26l7ob

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So I guess the assignees will be paying the "lift" twice. Am I understanding this correctly? This could mean many hundreds of thousands of dollars in losses for some people. Possibly bankruptcies over this. Maybe even lengthy legal battles.

Is this just the beginning of a wave of condo projects going into receivership?

This is getting exciting. (munch munch) I wonder what's next…

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But the Fed will be hamstrung, he said: “At some point the Fed needs to worry that an aggressive fed funds easing will lead to a disorderly fall of the U.S. dollar, to foreign private investors pulling the plug on the financing of still large U.S. external deficits and to higher imported inflation. Second, monetary policy is relatively ineffective in stimulating the economy as: there is a glut of housing, consumer durables, automobiles and it will take years to clear that glut.”

http://blogs.wsj.com/economics/2008/02/27/fed-critiques-too-timid-or-too-aggressive/

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Unlike the OFHEO or Case-Shiller (or for that matter CMHC and the real estate boards), we don't know anything about Housing Predictor. We don't know who they are, we don't know their credentials, we don't know their track record, we don't know their methodology, and we don't know their motivations.

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