It’s Friday and we’re going into a long weekend! Lets do our end of the week news round-up and open topic discussion thing. Here are a few stories I’ve noticed recently:
-Falling Van house prices bad for both sides
-Paying a price for houses that aren’t homes
-Translink: $11 million surplus actually $3 million deficit
-Flocks of speculators & presales vanish
-Vancouver: We’re still building lots of condos
-RBC: BC economic picture darkens
–Banks only pass on half of rate cut to customers
-Flaherty: No bailouts for Canadian banks
-Carlton’s Nick Rowe on Canadian housing market
–Washington Mutual Exec predicted collapse
So what are you seeing out there? Post your news, links, thoughts and anecdotes here and have an excellent long weekend!
note: any conversation on Vancouver, real estate or economics is allowed, please keep it civilized. When posting articles please only quote pertinent points and link to the original instead of pasting the entire article here. Pasting a link will automatically create a clickable hot-link. Thanks!