Don't be so quick to judge those holders of ABCP as stupid greedy investors. I sold my condo last year expecting the market to turn much earlier and asked my broker to put my savings in something guaranteed as I do not want any exposure to real estate. He put me in ABCP in July at 4.35% telling me it is a AAA guaranteed savings instrument (T-bills were offering the same at the time). I thought nothing of it as I wanted to park my $$$ for a couple months while I determined what to invest in – two weeks later I was frozen.

I am not a naive investor and asked the right questions, but when told it was a guaranteed money market investment I felt satisfied, had it offered me a premium over T-bills, I would have had more questions and doubted its "guaranteedness". At this point I am just thankfull that I only have him a chunk of my assets to manage and am not looking forward to the lawsuit.

If Canaccord does not make me whole as the other banks have with their clients, I will be voting against Purdy Crawfords proposal.

I will also be never use Canaccord again for anything other than as an example of how not to do business.

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I find it interesting that someone who is so offended by ad hominem attacks as you seem to be posts exclusively ad hominem attacks without even the slightest hint of an opinion on the subject at hand.

Mocking me and my opinions without providing any complementary (thanks for the correction Freako) arguments or data about the state of the local market seems to be just misplaced anger on your part. Are you angry because you're afraid of losing your shirt in the crash or do you have some personal issues on the go right now?

Perhaps I went over the top on AP but I am just sick of the sub moronic level of brain activity that people like him pass off as a valuable opinion on Real Estate in this city. If gut feelings have value equal or greater than reasoned thought then Creationism is a valid idea, the Iraqis WOULD have welcomed the Americans with open arms and UFOs would be regularly visiting our planet.

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What a wonderful and uplifting read, indeed! Put in context of real estate, there is TONS of underutilised housing out there and more on the way. Prices will be sticky because sellers are not all that motivated. My parents' next door neighbors are in their 80s and still living in a 5 bedroom SFH.

It is almost ironic that the baby boomer generation was so good about paying down debt and saving for retirement through savings and pension contributions that there is no longer an incentive to sell their homes.

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$1250.

That unit has a really nice layout.

******This Rental has nothing to do with me***********

Located in the Coal Harbour area at West Georgia and Jervis Street. It is near Robson Street, restaurants, shops, transit, Canada Place, Stanley Park and the seawall

* Residences on Georgia – 1 bdrm & den 685 square foot apartment

* Northwest corner, city view

* Marble, granite countertops and designer appliances

* Pantry off kitchen

* Insuite laundry

* Parking available for 1 vehicle, extra storage

* Building offers a Gym, Conference room and 12 hour Concierge

* One year lease required

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http://tinyurl.com/yvhmsc

good read!

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Phoenix – AZ -28.21%

Los Angeles -26.70%

San Diego -27.17%

San Francisco -23.01%

Denver____ -12.76%

Washington -17.29%

Miami___ -27.59%

Tampa – FL -21.21%

Atlanta – GA -12.83%

Chicago__ -11.09%

Boston__ -9.89%

Detroit – MI -18.15%

Minneapol – MN -15.35%

Charlotte – NC -4.90%

Las Vegas -29.68%

New York -8.38%

Cleveland – OH -15.94%

Portland – OR -7.34%

Dallas – TX -12.12%

Seattle – WA -10.45%

Coming soon…

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Obviously he meant "complementary".

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By complimentary, do you mean "free" or kind of like "flattering"?

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Aside from the price graph (which only goes up, btw) the small graphs are also very interesting, especially when comparing Feb 07 to Feb 08. Why is there more blue, but not more red?

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