Comments on: Friday Free-for-All! http://vancouvercondo.info/2008/05/friday-free-for-all-22.html Bubble? What Bubble? Mon, 01 Dec 2008 21:16:05 +0000 http://wordpress.org/?v=2.6.2 By: Bubble Lad http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19024 Bubble Lad Mon, 26 May 2008 20:52:36 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19024 Sorry - four years worth of pent up frustration crammed into one post - my bad. Apologies.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19024">0</span> <small>(to vote for this comment, please visit the site)</small></p> Sorry - four years worth of pent up frustration crammed into one post - my bad. Apologies.

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]]> By: scullboy http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19023 scullboy Mon, 26 May 2008 20:45:50 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19023 Bubble Lad: Dude, while I'm with you, you gotta calm down... and I say this with real concern. One point you bring up that's interesting... you seem to need "BC creds" to live in BC, in order to get a job or apartment.... which I found weird. Hey Rob A., if you really are moving to Toronto, make sure to tell everyone there that downtown Vancouver is where the action is. After they get through laughing... well they'll laugh some more. Seriously dude... good luck. You gotta move fast just to keep your feet in TO, and competition for work is crazy fierce. To's actually where all the immigrants who are smart, ambitious and well educated live, and you'll have to compete with all of them. On the other hand there's way more to do, though admittedly it isn't nearly as pretty. Good luck buddy... I kind of hope they don't chew you up and spit you out. Then again, I kind of do ;)<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19023">0</span> <small>(to vote for this comment, please visit the site)</small></p> Bubble Lad:

Dude, while I’m with you, you gotta calm down… and I say this with real concern.

One point you bring up that’s interesting… you seem to need “BC creds” to live in BC, in order to get a job or apartment…. which I found weird.

Hey Rob A., if you really are moving to Toronto, make sure to tell everyone there that downtown Vancouver is where the action is. After they get through laughing… well they’ll laugh some more.

Seriously dude… good luck. You gotta move fast just to keep your feet in TO, and competition for work is crazy fierce. To’s actually where all the immigrants who are smart, ambitious and well educated live, and you’ll have to compete with all of them.

On the other hand there’s way more to do, though admittedly it isn’t nearly as pretty.

Good luck buddy… I kind of hope they don’t chew you up and spit you out. Then again, I kind of do ;)

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]]> By: Rob A. http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19021 Rob A. Mon, 26 May 2008 19:38:43 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19021 ^LMAO, dude, chill out :D Downtown Vancouver is great, it's where the action is.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19021">0</span> <small>(to vote for this comment, please visit the site)</small></p> ^LMAO, dude, chill out :D Downtown Vancouver is great, it’s where the action is.

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]]> By: Bubble Lad http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19017 Bubble Lad Mon, 26 May 2008 17:20:49 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19017 I guess it's all those wonderful cafes three feet away from main thoroughfares like Granville and Broadway where there are cement trucks whizzing by every five seconds and you get to pick the road grit out of your mixed greens that are so great (God knows they can't put them where they belong...BEHIND their business, away from the street, due to the stench of garbage filled dumpsters discarded hypos, and binners rattling through them). Does anybody who makes those comments ever venture OUT of Vancouver? Or does the entire world consist of Vancouver's West end). Aside from the scenery, Vancouver is a DUMP. And guess what, nobody who lives here had anything to do with creating the sea and mountains...SO STOP TAKING CREDIT FOR THEM! Vancouver has NO industry (try posting a resume...see how many responses you get from OUTSIDE BC), half an art gallery where the best thing is usually the TRAVELING exhibits, a stock market with training wheels, drivers who routinely run down pedestrians like dogs in the street, a real estate bubble who's bust is going to provide entertainment for years to come, a crime and drug problem so severe that it floats through the papers with barely a mention (and where innocent gas meter readers can get gunned down and nobody bats an eyelid - oh yeah, I forgot, it was a TARGETED SHOOTING- which I guess means the family of innocent bystanders who are killed in a hail of gunfire should remember). I've been reading all these frigging post by Vancouver boosters, and they are either completely deluded, high, or on the take! Vancouver is a glorified lumber camp at the ass end of the universe! I don't care how many times you and your idiot friends tell each other (insert parrot sound effect here) "It's a world class city!!!!" IT'S NOT!! get over it!!<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19017">0</span> <small>(to vote for this comment, please visit the site)</small></p> I guess it’s all those wonderful cafes three feet away from main thoroughfares like Granville and Broadway where there are cement trucks whizzing by every five seconds and you get to pick the road grit out of your mixed greens that are so great (God knows they can’t put them where they belong…BEHIND their business, away from the street, due to the stench of garbage filled dumpsters discarded hypos, and binners rattling through them).

Does anybody who makes those comments ever venture OUT of Vancouver? Or does the entire world consist of Vancouver’s West end).

Aside from the scenery, Vancouver is a DUMP. And guess what, nobody who lives here had anything to do with creating the sea and mountains…SO STOP TAKING CREDIT FOR THEM! Vancouver has NO industry (try posting a resume…see how many responses you get from OUTSIDE BC), half an art gallery where the best thing is usually the TRAVELING exhibits, a stock market with training wheels, drivers who routinely run down pedestrians like dogs in the street, a real estate bubble who’s bust is going to provide entertainment for years to come, a crime and drug problem so severe that it floats through the papers with barely a mention (and where innocent gas meter readers can get gunned down and nobody bats an eyelid - oh yeah, I forgot, it was a TARGETED SHOOTING- which I guess means the family of innocent bystanders who are killed in a hail of gunfire should remember).

I’ve been reading all these frigging post by Vancouver boosters, and they are either completely deluded, high, or on the take! Vancouver is a glorified lumber camp at the ass end of the universe! I don’t care how many times you and your idiot friends tell each other (insert parrot sound effect here) “It’s a world class city!!!!” IT’S NOT!! get over it!!

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]]> By: Me2 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19014 Me2 Mon, 26 May 2008 16:25:57 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19014 The ratio for the GVRD is 72% owner occupied, not sure what Vancouver proper is it's not broken down, but would be very similiar.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19014">0</span> <small>(to vote for this comment, please visit the site)</small></p> The ratio for the GVRD is 72% owner occupied, not sure what Vancouver proper is it’s not broken down, but would be very similiar.

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]]> By: me http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19013 me Mon, 26 May 2008 16:16:52 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19013 re: Vancouver Rental Rates I remember specifically a few years ago stats being released that half of Vancouver rented and half owned Not bashing Anonymous - just wondering where you picked up your numbers?<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19013">0</span> <small>(to vote for this comment, please visit the site)</small></p> re: Vancouver Rental Rates

I remember specifically a few years ago stats being released that half of Vancouver rented and half owned

Not bashing Anonymous - just wondering where you picked up your numbers?

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]]> By: Vansanity http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19012 Vansanity Mon, 26 May 2008 16:07:51 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19012 "I also thought the razor wire on top of the fences would be a turn-off to potential buyers." No kidding! And, yes probably $1.4M per... sales slogan goes something like: "Steps away from historic Chinatown"..."equipped with its own secured razor wire fence" :D<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19012">0</span> <small>(to vote for this comment, please visit the site)</small></p> “I also thought the razor wire on top of the fences would be a turn-off to potential buyers.”

No kidding! And, yes probably $1.4M per… sales slogan goes something like: “Steps away from historic Chinatown”…”equipped with its own secured razor wire fence” :D

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]]> By: Anonymous http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19011 Anonymous Mon, 26 May 2008 16:06:23 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19011 Rentha, Those figures are from b.c.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19011">0</span> <small>(to vote for this comment, please visit the site)</small></p> Rentha,
Those figures are from b.c.

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]]> By: vanguy http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19010 vanguy Mon, 26 May 2008 15:51:24 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19010 Corner of venables and gore: Strange place for three houses, but I have seen them hold open houses, and I saw people coming and going. Not sure what prices they are asking but I'm sure it's high. I also thought the razor wire on top of the fences would be a turn-off to potential buyers.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19010">0</span> <small>(to vote for this comment, please visit the site)</small></p> Corner of venables and gore:

Strange place for three houses, but I have seen them hold open houses, and I saw people coming and going.

Not sure what prices they are asking but I’m sure it’s high.

I also thought the razor wire on top of the fences would be a turn-off to potential buyers.

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]]> By: rentah http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19009 rentah Mon, 26 May 2008 15:38:32 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19009 Anonymous said: 70% people are home owners and 30% people are renting till 2007.There was 2% to 3% percent increse in home ownership btw 05-07. Are those the Vancouver figures. They look more like the US figures to me. I think we have a lower percentage of owners here.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19009">0</span> <small>(to vote for this comment, please visit the site)</small></p> Anonymous said: 70% people are home owners and 30% people are renting till 2007.There was 2% to 3% percent increse in home ownership btw 05-07.

Are those the Vancouver figures. They look more like the US figures to me. I think we have a lower percentage of owners here.

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]]> By: GENERIC POSTER http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19008 GENERIC POSTER Mon, 26 May 2008 15:22:47 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19008 MUG SHOT-WEEK ENDING SALES VS LISTING "we look like we’re about 30% down in listing volume, and we’re about 30% up in sales volume"-from the best real estate anywhere.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19008">0</span> <small>(to vote for this comment, please visit the site)</small></p> MUG SHOT-WEEK ENDING SALES VS LISTING
“we look like we’re about 30% down in listing volume, and we’re about 30% up in sales volume”-from the best real estate anywhere.

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]]> By: blueskies http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19006 blueskies Mon, 26 May 2008 14:37:41 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19006 <i>I guess with all the competition you’ve got try new things to stand out.</i> lessee... sign twirlers this helped prevent the collapse of RE in California and drove employment levels way up enabling the sign twirlers to purchase their own RE..... lotsa balloons.... always an attraction this weekend there were 3 total townhouses for sale (OPEN House on all of them) in our YT building.... never seen that many before...alas no balloons :-(<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19006">0</span> <small>(to vote for this comment, please visit the site)</small></p> I guess with all the competition you’ve got try new things to stand out.

lessee… sign twirlers

this helped prevent the collapse of RE in California
and drove employment levels way up enabling the sign twirlers to purchase their own RE…..

lotsa balloons…. always an attraction

this weekend there were 3 total townhouses for sale (OPEN House on all of them) in our YT building…. never seen that many before…alas no balloons :-(

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]]> By: scullboy http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19005 scullboy Mon, 26 May 2008 14:26:44 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-19005 Hey ROb: I was in downtown Toronto for almost 10 years. I moved about 2 years ago. Don't worry.... they have lots of restaurants and cafes in Toronto.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-19005">0</span> <small>(to vote for this comment, please visit the site)</small></p> Hey ROb:

I was in downtown Toronto for almost 10 years. I moved about 2 years ago.

Don’t worry…. they have lots of restaurants and cafes in Toronto.

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]]> By: Rob A. http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18988 Rob A. Mon, 26 May 2008 07:25:02 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18988 Wow, what a great weekend in fabulous downtown Vancouver. I am appreciating this city and it's natural beauty more than ever. All my friends downtown think I am crazy for moving to Ontario, they tell me that if you like restaurants and cafes, downtown is the place to be. And I know that they are right :(<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18988">0</span> <small>(to vote for this comment, please visit the site)</small></p> Wow, what a great weekend in fabulous downtown Vancouver. I am appreciating this city and it’s natural beauty more than ever. All my friends downtown think I am crazy for moving to Ontario, they tell me that if you like restaurants and cafes, downtown is the place to be. And I know that they are right :(

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]]> By: Anonymous http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18987 Anonymous Mon, 26 May 2008 07:02:23 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18987 Speaking of open houses I saw an interesting twist today on the desperate bid to get attention - There where hand written yellow signs for about 10 blocks along 12th leading to a condo near Arbutus saying weird things like "Got Milk? Buy this home!" and "Massive Curb Appeal!" Looked like two bored realtors sitting outside the front door of the building when I drove by. Odd gimmick, I can't imagine it would be very effective buy I guess with all the competition you've got try new things to stand out. Heaven know you wouldn't want to simply price reasonably.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18987">0</span> <small>(to vote for this comment, please visit the site)</small></p> Speaking of open houses I saw an interesting twist today on the desperate bid to get attention - There where hand written yellow signs for about 10 blocks along 12th leading to a condo near Arbutus saying weird things like “Got Milk? Buy this home!” and “Massive Curb Appeal!”

Looked like two bored realtors sitting outside the front door of the building when I drove by. Odd gimmick, I can’t imagine it would be very effective buy I guess with all the competition you’ve got try new things to stand out. Heaven know you wouldn’t want to simply price reasonably.

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]]> By: Vansanity http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18986 Vansanity Mon, 26 May 2008 06:00:32 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18986 Anyone know what the story is on those three homes along Gore on the corner of venables? They have been sitting there unfinished for... well...serioulsy, I don't even remember! Months and months now. I remember there were fires there delaying things at one point, but that was long ago now. Why is there no further work going on there?<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18986">0</span> <small>(to vote for this comment, please visit the site)</small></p> Anyone know what the story is on those three homes along Gore on the corner of venables? They have been sitting there unfinished for… well…serioulsy, I don’t even remember! Months and months now. I remember there were fires there delaying things at one point, but that was long ago now. Why is there no further work going on there?

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]]> By: Lager not Logger http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18985 Lager not Logger Mon, 26 May 2008 04:13:51 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18985 Crazy amounts of open houses out there this weekend! Between Victoria and Alma it almost looked like two open houses per block!<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18985">0</span> <small>(to vote for this comment, please visit the site)</small></p> Crazy amounts of open houses out there this weekend! Between Victoria and Alma it almost looked like two open houses per block!

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]]> By: -A- http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18984 -A- Sun, 25 May 2008 20:44:21 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18984 "If you think inflation is understated, you’re more than welcome to, along with the rest of the world’s investors, go and negotiate a higher interest rate on your treasury bonds." Jesse: Trying to negotiate a higher interest rate on treasury bills if futile, what investors are doing is shorting the US dollar, and holding hard goods. As soon as the Fed signals it will stop the deliberate devaluing of their currency, oil, rocks and gold, will reprice, to reflect the true value (whatever that may be given the global slowdown). You don’t want to own a spec condo in Alberta, and you get screwed if you have a 40yr mortgage in Vancouver.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18984">0</span> <small>(to vote for this comment, please visit the site)</small></p> “If you think inflation is understated, you’re more than welcome to, along with the rest of the world’s investors, go and negotiate a higher interest rate on your treasury bonds.”

Jesse:

Trying to negotiate a higher interest rate on treasury bills if futile, what investors are doing is shorting the US dollar, and holding hard goods.

As soon as the Fed signals it will stop the deliberate devaluing of their currency, oil, rocks and gold, will reprice, to reflect the true value (whatever that may be given the global slowdown).

You don’t want to own a spec condo in Alberta, and you get screwed if you have a 40yr mortgage in Vancouver.

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]]> By: jesse http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18983 jesse Sun, 25 May 2008 18:40:02 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18983 <I>"but let’s keep in mind, that every regular Joe on the street knows, CPI is as fraudulent as a loaded dice."</i> Wrong. We know <a href="http://www.bls.gov/CPI/" rel="nofollow">exactly what it is</a>. Maybe you think there's a global conspiracy to misinterpret the CPI and hold bond rates down? That's not fraud, that's brilliant salesmanship and influence. If you think inflation is understated, you're more than welcome to, along with the rest of the world's investors, go and negotiate a higher interest rate on your treasury bonds.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18983">0</span> <small>(to vote for this comment, please visit the site)</small></p> “but let’s keep in mind, that every regular Joe on the street knows, CPI is as fraudulent as a loaded dice.”

Wrong. We know exactly what it is. Maybe you think there’s a global conspiracy to misinterpret the CPI and hold bond rates down? That’s not fraud, that’s brilliant salesmanship and influence. If you think inflation is understated, you’re more than welcome to, along with the rest of the world’s investors, go and negotiate a higher interest rate on your treasury bonds.

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]]> By: -A- http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18982 -A- Sun, 25 May 2008 17:34:28 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18982 “indeed will be interesting to see to what degree we get stagflation, or to what degree the boc will respond to cpi pressure. carney may test the bond market further, he seems at this point to be a bit of a inflationist; or at least interested in testing the boundaries.” Very true, but let’s keep in mind, that every regular Joe on the street knows, CPI is as fraudulent as a loaded dice. The difference is that unlike, a regular Joe, or a Reader’s Digest educated realtor/blogger/Re pimps, Carney and other central bankers are well aware that the cost of reckless monetary policy is not simply the choice of a “bit “of inflation as opposed to a recession. Economists are indoctrinated from first semester that inflation is public enemy number #1, and the regular kool aid mortgaged slave will eventually find out why as well. Yes it’s true the law of gravity can be defied – but only for a while.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18982">0</span> <small>(to vote for this comment, please visit the site)</small></p> “indeed will be interesting to see to what degree we get stagflation, or to what degree the boc will respond to cpi pressure. carney may test the bond market further, he seems at this point to be a bit of a inflationist; or at least interested in testing the boundaries.”

Very true, but let’s keep in mind, that every regular Joe on the street knows, CPI is as fraudulent as a loaded dice.

The difference is that unlike, a regular Joe, or a Reader’s Digest educated realtor/blogger/Re pimps, Carney and other central bankers are well aware that the cost of reckless monetary policy is not simply the choice of a “bit “of inflation as opposed to a recession.

Economists are indoctrinated from first semester that inflation is public enemy number #1, and the regular kool aid mortgaged slave will eventually find out why as well.

Yes it’s true the law of gravity can be defied – but only for a while.

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]]> By: Krrish2 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18981 Krrish2 Sun, 25 May 2008 15:30:09 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18981 B.C.Assessments has issued a notice of assessment to more than 1.89 million people on jan,2008 based on the performance of market in 2007. Total population for Metro 2,289,900 (2007)after reduction of total percentage of tenents the left over percentage of populations are home owners and their family members.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18981">0</span> <small>(to vote for this comment, please visit the site)</small></p> B.C.Assessments has issued a notice of assessment to more than 1.89 million people on jan,2008 based on the performance of market in 2007.

Total population for Metro 2,289,900 (2007)after reduction of total percentage of tenents the left over percentage of populations are home owners and their family members.

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]]> By: Anonymous http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18980 Anonymous Sun, 25 May 2008 15:17:33 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18980 70% people are home owners and 30% people are renting till 2007.There was 2% to 3% percent increse in home ownership btw 05-07.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18980">0</span> <small>(to vote for this comment, please visit the site)</small></p> 70% people are home owners and 30% people are renting till 2007.There was 2% to 3% percent increse in home ownership btw 05-07.

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]]> By: patriotz http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18979 patriotz Sun, 25 May 2008 14:17:35 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18979 <i>Drachen, if I remember correctly, 56% of people in the lower mainland rent, which would imply only 44% owner occupancy, which would imply an even bigger uh-oh if any percentage try to sell…</i> Yes but rental properties get put up for sale too. What you have to look at is the number of individually titled dwelling units (SFH or strata) versus the total number of dwellings.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18979">0</span> <small>(to vote for this comment, please visit the site)</small></p> Drachen, if I remember correctly, 56% of people in the lower mainland rent, which would imply only 44% owner occupancy, which would imply an even bigger uh-oh if any percentage try to sell…

Yes but rental properties get put up for sale too. What you have to look at is the number of individually titled dwelling units (SFH or strata) versus the total number of dwellings.

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]]> By: stagnate http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18974 stagnate Sun, 25 May 2008 08:16:23 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18974 indeed will be interesting to see to what degree we get stagflation, or to what degree the boc will respond to cpi pressure. carney may test the bond market further, he seems at this point to be a bit of a inflationist; or at least interested in testing the boundaries. pre-sales: indeed a lot of people should consider themselves luck to have the option of walking, their money may be more efficient with another option.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18974">0</span> <small>(to vote for this comment, please visit the site)</small></p> indeed will be interesting to see to what degree we get stagflation, or to what degree the boc will respond to cpi pressure. carney may test the bond market further, he seems at this point to be a bit of a inflationist; or at least interested in testing the boundaries.
pre-sales: indeed a lot of people should consider themselves luck to have the option of walking, their money may be more efficient with another option.

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]]> By: Anonymous http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18973 Anonymous Sun, 25 May 2008 07:33:22 +0000 http://vancouvercondo.info/2008/05/friday-free-for-all-22.html#comment-18973 This is clearly an excellent opportunity for those pre-sale buyers to just walk away without a penalty. That's what I will do.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-18973">0</span> <small>(to vote for this comment, please visit the site)</small></p> This is clearly an excellent opportunity for those pre-sale buyers to just walk away without a penalty. That’s what I will do.

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