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	<title>Comments on: Sophia Condo development update</title>
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	<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html</link>
	<description>Bubble? What Bubble?</description>
	<pubDate>Thu, 08 Jan 2009 11:27:49 +0000</pubDate>
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		<title>By: crabman</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14120</link>
		<dc:creator>crabman</dc:creator>
		<pubDate>Wed, 02 Apr 2008 05:00:16 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14120</guid>
		<description>LOL ulsterman!

We should all make a pact.  It's ok to goof on you-know-who, but we can't address him directly.  Like he's a ghost in the room that can hear us, but we can't see him.  Fitting analogy since he haunts the Van RE blogs.&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-14120"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-">LOL ulsterman!</p>
<p>We should all make a pact.  It&#8217;s ok to goof on you-know-who, but we can&#8217;t address him directly.  Like he&#8217;s a ghost in the room that can hear us, but we can&#8217;t see him.  Fitting analogy since he haunts the Van RE blogs.
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-14120">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: Anonymous</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14119</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Wed, 02 Apr 2008 04:58:26 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14119</guid>
		<description>Judgeburnyeat, nicest guy of all time.&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-14119"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-">Judgeburnyeat, nicest guy of all time.
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-14119">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: bdk</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14020</link>
		<dc:creator>bdk</dc:creator>
		<pubDate>Tue, 01 Apr 2008 20:56:11 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14020</guid>
		<description>Krissh is totally a spam bot. 

It can't actually comprehend what's written it just replies with the same diarrhea over and over again.&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-14020"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-">Krissh is totally a spam bot. </p>
<p>It can&#8217;t actually comprehend what&#8217;s written it just replies with the same diarrhea over and over again.
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-14020">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: Deliverator</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14018</link>
		<dc:creator>Deliverator</dc:creator>
		<pubDate>Tue, 01 Apr 2008 20:32:37 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14018</guid>
		<description>&lt;i&gt;Comment by Krrish2
2008-03-31 19:32:31
Software Default
&lt;/i&gt;

Is there any doubt left that Krrish is a bot?&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-14018"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-"><i>Comment by Krrish2<br />
2008-03-31 19:32:31<br />
Software Default<br />
</i></p>
<p>Is there any doubt left that Krrish is a bot?
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-14018">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: Re-diculous</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14009</link>
		<dc:creator>Re-diculous</dc:creator>
		<pubDate>Tue, 01 Apr 2008 16:32:40 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14009</guid>
		<description>Check out "Vexed in Vancouver" book update to Greater Fool

http://www.greaterfool.ca/category/book-updates/&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-14009"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-">Check out &#8220;Vexed in Vancouver&#8221; book update to Greater Fool</p>
<p><a href="http://www.greaterfool.ca/category/book-updates/" rel="nofollow">http://www.greaterfool.ca/category/book-updates/</a>
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-14009">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: Tony Danza</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14006</link>
		<dc:creator>Tony Danza</dc:creator>
		<pubDate>Tue, 01 Apr 2008 15:20:07 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-14006</guid>
		<description>Spain is such a beautiful country, too bad all the Northerners and greedy locals tried to play RE lotto there. I have a feeling this could set Spain back to it's quasi third world country days.&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-14006"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-">Spain is such a beautiful country, too bad all the Northerners and greedy locals tried to play RE lotto there. I have a feeling this could set Spain back to it&#8217;s quasi third world country days.
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-14006">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: ulsterman</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13984</link>
		<dc:creator>ulsterman</dc:creator>
		<pubDate>Tue, 01 Apr 2008 05:06:16 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13984</guid>
		<description>&lt;i&gt;You have to be a complete moron or a self-deluded condo flipper to use the above facts as proof that Vancouver is a better place to invest in RE than the US&lt;/i&gt;

You also have to be a glutton for punishment to keep on responding to Krrish2-like postings and adding fuel to the fire. For God's sake can people please ignore him/them. Taking shots at people like Krrish may make you feel all smart and fuzzy, but it is so easy how can you continue to feel like it's a worthwhile way to spend your time?&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-13984"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-"><i>You have to be a complete moron or a self-deluded condo flipper to use the above facts as proof that Vancouver is a better place to invest in RE than the US</i></p>
<p>You also have to be a glutton for punishment to keep on responding to Krrish2-like postings and adding fuel to the fire. For God&#8217;s sake can people please ignore him/them. Taking shots at people like Krrish may make you feel all smart and fuzzy, but it is so easy how can you continue to feel like it&#8217;s a worthwhile way to spend your time?
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-13984">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: paul</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13983</link>
		<dc:creator>paul</dc:creator>
		<pubDate>Tue, 01 Apr 2008 05:01:15 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13983</guid>
		<description>I have posted inventory month ends if you are interested.

http://paul-northvancouverhomes.blogspot.com/&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-13983"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-">I have posted inventory month ends if you are interested.</p>
<p><a href="http://paul-northvancouverhomes.blogspot.com/" rel="nofollow">http://paul-northvancouverhomes.blogspot.com/</a>
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-13983">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: Anonymous</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13982</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 01 Apr 2008 04:19:00 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13982</guid>
		<description>Vancouver - $503,400 - 8.4x median income
Seattle - $377,500 - 5.7x
Portland - $290, 500 - 5.0x -

You have to be a complete moron or a self-deluded condo flipper to use the above facts as proof that Vancouver is a better place to invest in RE than the US.&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-13982"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-">Vancouver - $503,400 - 8.4x median income<br />
Seattle - $377,500 - 5.7x<br />
Portland - $290, 500 - 5.0x -</p>
<p>You have to be a complete moron or a self-deluded condo flipper to use the above facts as proof that Vancouver is a better place to invest in RE than the US.
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-13982">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: Krrish2</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13981</link>
		<dc:creator>Krrish2</dc:creator>
		<pubDate>Tue, 01 Apr 2008 03:32:31 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13981</guid>
		<description>Software Default&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-13981"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-">Software Default
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-13981">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: Anonymous</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13980</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 01 Apr 2008 03:31:13 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13980</guid>
		<description>"Sophia"
The verdict is same as expected similar to the riverband project sad but rules are there in the contract,I always wish the genuine buyers get no trouble lots of developers are good to keep their promises but can't say much.O.T.

Here is a response to Crabman's Demographia challenge from the back page...

Vancouver - $503,400 - 8.4x median income
Seattle - $377,500 - 5.7x
Portland - $290, 500 - 5.0x -

Crabman,

This figure shows that Vancouver is one of Canadian city with ability to go up FOREVER and Seattle,Portland are American cities where buyers are searching the bottom of the market with flood lights.

In my opinion in USA there is no future of their properties because of the multiple problem but Vancouver is in situation to invite the world and make them live in best communities with respect of cultural freedom.

Inventory:Inventory is something that is available in stock but what was the problem in usa they have had huge inventory in advance but before the buyers reach up to there market crashed.

In Vancouver most buildings are sold and over 80% sold so we don't have big chunk of inventory, if you have read those comments from "ANTI PESTO"we get around 6,000 people every year in downtown mostly there are 350 units per tower in 1/36 floor tower, we need atleast 15 towers every year to accomodate percentage of buyers out of 6,000. how many towers are being built if you look at last post about Vancouver magazine, I have mentioned how many more Parking lots are left to develop?.

The last demographia report has mention about Vancouver need to creat more land from parks or green zones which means this city have stress to develop more land.
In Result your bank balance(money)have no value to buy a house in Vancouver.Vancouver is priceless so do not count your bucks just put them in to work for you.&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-13980"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-">&#8220;Sophia&#8221;<br />
The verdict is same as expected similar to the riverband project sad but rules are there in the contract,I always wish the genuine buyers get no trouble lots of developers are good to keep their promises but can&#8217;t say much.O.T.</p>
<p>Here is a response to Crabman&#8217;s Demographia challenge from the back page&#8230;</p>
<p>Vancouver - $503,400 - 8.4x median income<br />
Seattle - $377,500 - 5.7x<br />
Portland - $290, 500 - 5.0x -</p>
<p>Crabman,</p>
<p>This figure shows that Vancouver is one of Canadian city with ability to go up FOREVER and Seattle,Portland are American cities where buyers are searching the bottom of the market with flood lights.</p>
<p>In my opinion in USA there is no future of their properties because of the multiple problem but Vancouver is in situation to invite the world and make them live in best communities with respect of cultural freedom.</p>
<p>Inventory:Inventory is something that is available in stock but what was the problem in usa they have had huge inventory in advance but before the buyers reach up to there market crashed.</p>
<p>In Vancouver most buildings are sold and over 80% sold so we don&#8217;t have big chunk of inventory, if you have read those comments from &#8220;ANTI PESTO&#8221;we get around 6,000 people every year in downtown mostly there are 350 units per tower in 1/36 floor tower, we need atleast 15 towers every year to accomodate percentage of buyers out of 6,000. how many towers are being built if you look at last post about Vancouver magazine, I have mentioned how many more Parking lots are left to develop?.</p>
<p>The last demographia report has mention about Vancouver need to creat more land from parks or green zones which means this city have stress to develop more land.<br />
In Result your bank balance(money)have no value to buy a house in Vancouver.Vancouver is priceless so do not count your bucks just put them in to work for you.
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-13980">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: blueskies</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13979</link>
		<dc:creator>blueskies</dc:creator>
		<pubDate>Tue, 01 Apr 2008 03:08:42 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13979</guid>
		<description>the pain in spain falls mainly on the vain... :-)

http://tinyurl.com/2cfq8w

&lt;i&gt;"We have to accept this is not a gentle correction, but a full-blown crisis. We can only hope it will be sharp and short," &lt;/i&gt;&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-13979"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-">the pain in spain falls mainly on the vain&#8230; <img src='http://vancouvercondo.info/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
<p><a href="http://tinyurl.com/2cfq8w" rel="nofollow">http://tinyurl.com/2cfq8w</a></p>
<p><i>&#8220;We have to accept this is not a gentle correction, but a full-blown crisis. We can only hope it will be sharp and short,&#8221; </i>
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-13979">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: please help?</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13971</link>
		<dc:creator>please help?</dc:creator>
		<pubDate>Tue, 01 Apr 2008 00:31:31 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13971</guid>
		<description>I am an investor in a company that is building condos in Burnaby and Surrey.  I am not from anywhere near either of these places and I can't find anything but spin online regarding the projects.  Can anyone on this site give me any real time information (maybe pictures or something) about the following developments:

Gruv in Whalley Surrey
and/or
Norfolk Terrace in Burnaby

Thanks!

You can email me at soxsquares@yahoo.com&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-13971"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-">I am an investor in a company that is building condos in Burnaby and Surrey.  I am not from anywhere near either of these places and I can&#8217;t find anything but spin online regarding the projects.  Can anyone on this site give me any real time information (maybe pictures or something) about the following developments:</p>
<p>Gruv in Whalley Surrey<br />
and/or<br />
Norfolk Terrace in Burnaby</p>
<p>Thanks!</p>
<p>You can email me at <a href="mailto:soxsquares@yahoo.com">soxsquares@yahoo.com</a>
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-13971">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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		<title>By: jesse</title>
		<link>http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13959</link>
		<dc:creator>jesse</dc:creator>
		<pubDate>Mon, 31 Mar 2008 22:45:19 +0000</pubDate>
		<guid isPermaLink="false">http://vancouvercondo.info/2008/03/sophia-condo-development-update.html#comment-13959</guid>
		<description>&lt;i&gt;"Buyers can take their deposits back if they want, but the order authorizes Bowra to cancel contracts and sell units at current market prices if necessary."&lt;/I&gt;

I don't know much about receivership proceedings. Who would get the excess profits or who would cover the shortfall if re-selling the units generates more or less cash than the actual cost to finish construction?&lt;p class="top-comments"&gt;Current score: &lt;span class="top-comments-karma" id="karma-13959"&gt;0&lt;/span&gt; &lt;small&gt;(to vote for this comment, please visit the site)&lt;/small&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<div id="ckarma_body-"><i>&#8220;Buyers can take their deposits back if they want, but the order authorizes Bowra to cancel contracts and sell units at current market prices if necessary.&#8221;</i></p>
<p>I don&#8217;t know much about receivership proceedings. Who would get the excess profits or who would cover the shortfall if re-selling the units generates more or less cash than the actual cost to finish construction?
<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-13959">0</span> <small>(to vote for this comment, please visit the site)</small></p>
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