Friday Free-for-all!
It’s the end of the work week and that means it’s time for the Vancouver Condo Info end of the week news round up and open topic discussion. Here are a few links and stories that have come to my attention this week:
-Thank you VHB & everyone who’s contributed to the Wiki!
-Guess the next 3 years: Vancouver Condo Games
-Tips on how to be a home-buying vulture
-2 mortgage brokers in Duncan say there is no housing bubble
-Would-be homebuyers may want to wait
-BC mills take downtime in “world awash in pulp”
-Video: Tom Barracks economic outlook
-What will work to kick-start global economies?
-Ottawa chops $4.3 billion, predicts small surplus for 2009
-US sinking deeper into recession, dragging Canada with it.
-US home prices hit 2004 levels, predicted to get worse
-US commercial mortgage crisis looms
-Chinas economic crisis worsens
-Affordable places to ride out the downturn
So what are you seeing out there? Post your news, links and anecdotes here and have an excellent 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!
December 1st, 2008 at 12:23 pm
Nice job Vansanity. But I would like to propose that Tyler Gump is a “Bitter Realtor". Google "Tyler Gump" & North Vancouver. What do you get……Bitter Realtor
December 1st, 2008 at 11:37 am
I think John is right and onto something
If the Tories are bounced out from power…and the NDP and Lieberals are in power, Dion (or Iggy) will legislate high condo prices (except in Quebec). Jack Layton will demand all the union jobs at the Big 3 automakers will be protected and given raises too….then there will be lots of cash flowing again to buy condos. To keep the Bloc happy…condo warranties “fine print” will be in French. Socialists are generally hypocrites…they elbow everybody out when the gravy starts to flow,…they like to drive luxury cars and deep down they know Al Gore is full of sh*t.
The Tories will watch CNN from a safe distance and watch Canada collapse, then come back into power ,(…should only take a couple of weeks after Dion and Layton have their first hissy fit.)
December 1st, 2008 at 9:47 am
How old is this Ian Watt?
December 1st, 2008 at 9:37 am
Now that the NDP and the Bloc will be in charge the real estate market will sky rocket again. Having separatists in the government of this nation will inspire the confidence of the world over. Rich asians have been waiting for the conversative government to be overthrown by a coalition of socialists, separatists and liberals before buying more condos in Vancovuer. I'm perfectly positioned for this.
December 1st, 2008 at 9:02 am
A comedy routine is prepared and rehearsed, whereas Ian Watt is just rambling into a webcam.
That said, it's the unintended comedy that is usually the funniest.
December 1st, 2008 at 8:40 am
Ian Watt mentioned his e-mail address at the end of the sales(?) [ comedy(?) ] routine.
Contact him and ask em.
Suggest first approaching him as a sincere buyer aka " repentant renter" who has had an epiphany and see what the response is.
December 1st, 2008 at 8:34 am
My lady-love overheard that Ian Watt thing as she was doing her hair, kept saying "that's not real, that's just a comedy routine!" Still not sure if she believed me. Not positive myself!
December 1st, 2008 at 7:59 am
re Ian Watt et al
It pretty clear that these types drink the same kool – aid via barfing out the same talking points from the same manual to convince you it is a good time to buy even post RE armaggedon.
They don't seem to realize that perhaps THE last sucker(who would be intersting to ID is UNKNOWN last Specuvestor X) has entered the abyss,entered the fiscal black hole,and there are no more sheep, that herd is wiped out.
Watt is acting like an asshole, putting down renters….maybe not considering renters as potential buyers who were perhaps saving to buy a condo till they got overwhelmed by specuvestors. Renters on their way to becoming purchasers would create a much more stable RE market than the specuvestor.
Can't have it both ways…Ian Watt, and if I were you I'd pull that video,… I doubt there are many morons left that would drink your kool aid. Those hundreds that have already gotten burned have had a rude and bitter awakening.