#224,

You can't rent your investment and you can not borrow risk to invest in stock market but in real estate you can buy millions of dollar mortgage because some or whole part of borrowed money justify by number of people living in side,sorry your girl gone wild but as a owner she is smart buyer it could be possible that you were trying to convince her to invest in stock market.

#224 if you find another girl make sure you don't repeat your mistake.

This blog is EXACTLY like a stock message board. There are pumpers, and there are bashers, but the most logical post i've read was the one that talked about P/E ratios of real estate. Which should be the ONLY way you talk about RE if it's an investment. If you can't rent your place out for at least what the mortgage is worth, then you are buying completely based on speculation and not real value. Warren Buffet never invested in something he didn't understand, and I don't understand the value of a property if you can't rent it out for MORE than what the mortgage is worth! I am sooooo glad my ex bought a place with her fiance last year three months after we broke up. She's LONG on the housing market, but the last 4 years have been… Read more »

I don't expect an interview on the Bill Good show however were I ever to be invited as a high-priced expert, I would say that sales are falling off a cliff because prices are too freaking high, and sales will continue to fall off a cliff until prices are freaking reasonable.

His rearview mirror is basically an admission that he f’ed up and he’s looking for reasons why. That is a very very weak admission. A reader who didn't know better gets the impression that he called it right. Here is a cross post of my recent RE Talks post on this very article: We have tried to dissect Pastrick's model in the past. I have always been of the opinion that he does little if any proper fundamental analysis (ie. price to rent etc), but rather tries to correlate/extrapolate a number factors to future price movements. He may well think that these factors are "fundamentals" but they really aren't in the direct sense. Clearly he has zoomed in on recent economic condition and prevailing interest rates as key determinants of future RE prices. The problem is that he sees these… Read more »

Listen to Bearette. (206) Some good thoughts there. Possible future topics? To start it off: Would it be feasible to combine two adjacent shoebox units in a strata building into one livable place? Or would that simply not fly under strata law? For either investment or residence purposes, what makes for a good building? Some buildings will become hellholes, leaky and moldy, filled with drug labs, flophouses, "escorts" and crackheads. Absentee, cash-strapped owners resolutely voting down any attempts to change matters. Any decent people fleeing and being replaced by more lowlifes. Others will be great, with families, good maintenance, courtesy and blockwatches . It will take years before it is obvious which is which. What are the clues, and are any buildings clearly set on a path already? Any advantage to buying an entire floor for investment? Strikes me you… Read more »

Matt, "I’ve wondered the same thing on this blog and received an equivalent amount of emnity in responses." I've never seen anyone be rude to you. I have seen some very thoughtful and earnest replies to your comments (ie from jesse). Your own comment in this thread is deliberatlet provoking, so you're hardly reaching across the fence yourself. I tend to assume touchy people are overleveraged and panicked, but maybe your just naturally rude? "Lately though it seems that the posts have gotten less arrogant from the bears as I think a few of them are beginning to clue in to the reality that economics does not discriminate by a buyer’s personal buying strategy. " You have an amazing capacity to completely miss the point. The primary thing Vancouver Housing Blog/Financial Planning & Personal Responsibility/Vancouver Condo Info (the 3 main… Read more »

bearette — good points. These guys are standing on the deck of the Titanic and quibbling about how fast its sinking and if their fellow passengers are 'nice' enough. The "hater" post below, for example, hypocritically reeks of fear, loathing and flopsweat, and such types are better ignored.

I don't have ready answers to your questions, but I'll start thinking along those lines and doing some research, particularly as I expect to buy within 3 years.

Yes, like Beramax says, it is well and truly over. I think it's funny we're still arguing about how over it is. There is no point. The bulls will fight it right up until their foreclosures. Lets ignore them, they are now utterly irrelevant. It would be truly interesting, I think, and more educational, if us long-standing 2005, VHB-era bears started talking amongst ourselves about how best to take advantage of just how over it is. I think that would be way more constructive. And useful. Let's just shut out the noise of bulls-in-denial and focus our energies on strategizing amongst ourselves — sharing advice and tips about how we are going to carve up the Vancouver real estate market carcass between us and to our best advantage. Topics like how to low, low, ow-ball. How to buy without a… Read more »

Fish has East Van MOI at 72 weeks.

http://fishre.blogspot.com/

Up until now, East Van has been strengthened by buyers who were priced out of West Side/North Shore. It had been a strong area, and now its the weakest. This is BIG.

Betamax,

you did not produce any relevent point other than that your sister is realtor same as paul who published fake numbers.