Thanks for the advice oh Trump of the ‘tards.

Oh, and tell your mom I said hi.

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Thanks DON you know some graduation level math in your head otherwise I should have kill my Valuable time teaching you all that along with sci-fi eco and hd eng.
oye my above comment was answer to your oppertunity cost if that did not goes through here is one more attempt.

“To the vast majority of people, time has value”.
so your oppertunity cost does not apply in the case I have forward to you.

you say “then why aren’t you buying the Corus assignments that people are walking away from?”

I don’t need to buy anything Corus should go to hell, I have no concern to sell you anything.

“He plainly doesn’t understand opportunity cost. For him “investment” is closer to gambling. It’s certainly not about calmly assesing different opportunities, or being smart and flexible”.-SONIKA

I think you are talking about “affordability” the way that common people makes there payment go ga ga over rental yield Sonika if Investment/Real Estate were just an english than you were a champion but oppps anyway chill out but keep it up there is lots of other logics are in your comments may be one day you will be fine may be not.

“This is the best place on earth isn’t it”?
I am not following corus do we have link around here btw you never returned back from Alberni yet how is that?

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So rich people own units that are empty and this isn’t a missed opportunity cost? Are they buying them today? Why aren’t these wise men buying the assignments at Corus?
This is the best place on earth isn’t it?

Where else have you been in the world have you visited?

What grade did you complete in school?

What do you actually own?

Make sure you are honest because living in a bachelor suite with your Mum doesn’t count as ownership.

What makes you think someone as stupid as yourself has more assets than any of the people on here, who’re all smarter than you.

Do you ever take books to the park and pretend to read them, to trick people into thinking that you aren’t retarded?

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STFU, ‘tard.

BDK, the dude’s trollin’. He’s quoting George Bush, who couldn’t find BC if the map were tattooed on Dick Cheney’s thighs.

He plainly doesn’t understand opportunity cost. For him “investment” is closer to gambling. It’s certainly not about calmly assesing different opportunities, or being smart and flexible.

The whole city’s full of guys like this, people who cashed out their RRSPs and who haven’t saved a cent for themselves or their children. Soon enough, they’ll be wiped out.

And then those of us who have been patiently saving and waiting can come in, swoop down and buy their places at 50 cents on the dollar. Of course we’ll be called vultures, not bulls but hey…. that’s investment, baby

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Yes Opportunity cost put you out of market you priced out bear because you were being oppotunitist’s to push the fool in the market you wiseman.

in otherwords opportunity disappeared since you did not form a lineup, you were PRICED OUT!you are CARD OUT! and you had gone OUT OF SENSE!

do you understand what opportunity cost is?
Opportunity disappear so is your chance to get in BDK.

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Rich people don’t exclusively look at over priced vancouver condos you fool. You just don’t get it.
There is no way you got past grade five.

If buying today is such a good deal and you actually have money then why aren’t you buying the Corus assignments that people are walking away from?

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So they forecast a 5.7% rise in prices in 2008. I hope they are saying the “innovative” products they have to offer this year, not available last year, will compensate for this rise. Or maybe the title should read “Vancouver and Victoria Condo Markets More Accessible than if Prices Rose Faster”. Sometimes I wonder if these guys really believe their own propaganda?

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It’s King George Bush, fella.

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“In B.C. we have a strong local economy and good job growth, coupled with strong market fundamentals and sustainability, which result in no real estate bubble”.-Prince George Bush

“Prince George Bush”??? If you’re going to make up names to support your flimsy arguments you could at least make up believable names.

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BDK,The case above is about empty units and rich owners definitely there is no mortgage burden and the owners want their units empty so they are not looking for any yield,despite maintenance carrying cost is 0!0!0! because owner likes to keep the way it is……

Tell me if any bottom liner likes to keep their units empty?

“Go back to stacking boxes and huffing glue, or whatever it is that you’ve done to petrify your brain”.

Where would you like to go bdk?

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Vancouver…the lastplace on earth

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For one thing I have money, I doubt you do.

If you’re so smart and sure of yourself why aren’t you buying the Corus assignments, that the buyers are walking away from?

Oh right because you’re an ignorant, uneducated immigrant fool who doesn’t know anything and writes like an eight year old.

Just look at how stupid you are. In your vacant cost example..
You’ve left out opportunity costs (this means if you’d leveraged $300k and bought energy stock you could have made a better return), carrying costs such as mortgage interest, strata fees, taxes. Do you even know how to use a calculator? I can here this whizzing over your head.
Most retarded people insist they aren’t retarded and you’re no exception.

“example: compare the prices vs past 5 year, average rate of rent $1500 a month=90,000, average appreciation 121% atleast 300k-1m for chickpeas-2 bedroom.”

So for five years you lost $1500 subsidizing the mortgage, where is that figure? Oh right that’d put you to $0.

Go back to stacking boxes and huffing glue, or whatever it is that you’ve done to petrify your brain.

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These are the cheerleaders, after all.

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http://tinyurl.com/2k2g7g

Apparently we can’t build enough of them.

Ugh.

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There are two separate issues here: unoccupied units that pay fees on times and units that have fees in arrears. I agree the former leads to lower strata costs and assumedly lower fees in the long run than would be the case with 100% occupancy.

As for arrears, in the short term if payments go in arrears the strata must cover the difference in fixed costs and this means higher fees. But as long as the monies can be recovered with interest eventually it’s better to have as many unoccupied units as possible for the reasons you and others laid out. This does not account for the logistics/legal overhead of having people not paying, which could negate the savings and more.

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It doesn’t matter to those people who likes to secure a place for them self in the b.p.e. you are thinking according to your pocket and bank balance but rich people have logic to save money even if the units are empty but it’s worth securing them.example: compare the prices vs past 5 year, average rate of rent $1500 a month=90,000, average appreciation 121% atleast 300k-1m for chickpeas-2 bedroom.

“In B.C. we have a strong local economy and good job growth, coupled with strong market fundamentals and sustainability, which result in no real estate bubble”.-Prince George Bush

It’s worth securing a place”those people won’t hate them self later”.-Satv

So what the fu#k Tony and Bdk are talking about?

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These are regularly scheduled maintenance items, the garbage still gets picked up once a week regardless if the bin is full or not. The gates and elevators still need regular servicing whether used once or 10000 times a day. You might save very long term on wear and tear.

Nice try putting a happy face on the repercussions of our RE insanity though.

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Guys, buildings are supposed to HOUSE PEOPLE. They aren’t supposed to be … you know… empty museums or whatever.

Think about it. Buildings are designed to be occupied. If all those units are empty, and the same is true for other new buildings, then something is SERIOUSLY WRONG WITH HOUSING IN VANCOUVER. Vancouver is building “luxury
” shoeboxes that NOBODY LIVES IN. Meanwhile homelessness increases and affordability decreases.

Does this REALLY sound like “the world’s most liveable city”, or some kind of Disneyland - esque artificial “city of the future”.

And another question… if those units aren’t being used as someone’s home, who is using them, and for what?

Think about it…. “safe”, “discreet” “access controlled”. Strataman mentioned the massage parlour running in Spectrum. Last year they fuond a meth lab in West Pender. These half empty building with excellent security would be prime locations for storing illegal substances (meth, extacy etc), mountains of cash, contraband, guns.

They’d also be perfect for “high end” brothels, massage parlours etc.

Only in BC….

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Greg and Barbara Abbott have already cut the price twice on the two-bedroom condominium they are trying to sell on the Las Vegas strip. They’re asking $669,900 now — and an offer in the $650,000 range means they’ll lose money.

Abbott thinks hesitant buyers don’t realize how reasonable the current price is. “They’re not really being realistic about what the place is worth,” he said.

You’re the one who isn’t being realistic, dumbass. Your condo is worth whatever someone is willing to pay for it. Period.

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LOL, thanks man, I’ll be chuckling about this one all day!

just because nobody’s moved in next door doesn’t mean somebody is desperately trying to rent out the unit, bleeding cash, etc.

Not according to the ads on craigslist…

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“The Standard & Poor’s 500-stock index, the basis for about half of the $1 trillion invested in U.S. index funds, finished at 1352.99 on Tuesday, below the 1362.80 it hit in April 1999.”

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U.S. Home prices prepare for dismal spring

http://www.cnn.com/2008/BUSINE.....index.html

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