However I am concerned that many people here are very aware that our government and media have been complacent in making this bubble, but they have not stepped out of the RE realm to see that this is just part of the BIG PICTURE.

Sure many of you have, but many have not and still see this as an isolated realm.

We are heading into the ENDGAME SCENARIO of our way of life.

I understand this is a RE blog and not a 9-11 truth site so I will not make this a long post but let me assure you that this economic meltdown is not by accident. It was not unforeseen. It was planned and orchestrated.

Many of you already know this. For those that don't…

start researching.

Merry Christmas

http://www.infowars.com

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The funny thing is that after the party last weekend I am absolutely sure that the downward trend would continue. Not because of the fundamentals, or overpriced market or else. Just because that everybody I talked to agreed that it would go lower. This strikes me quite a bit, and I think that -30% is not reasonable anymore, it should/would be bigger drop, only because of the people emotions skewing the fundamentals..

The RE is very emotional investment, and this time the emotion is negative (across the board). Cheers…

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If you own a house at that age you are definitely sitting mortgage free nothing to worry about paying rent etc,maximum home owner grant at that age.

If you think of losing value? again they have nothing to lose 133% appreciation in last five year based on 2007 what it would be since when ever they own their homes?

I didn’t get you further then this unless you speak little bit more about your concern.

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I lived in London during the mad days of the middle of this still-unnamed decade, and can say first hand what an orgy of money it truly was for the investment banksters over there. People I knew in their late 20s and early 30s were making half a million pounds a year in bonuses, on top of their already huge salaries and stock option packages. I knew back then that something was horribly wrong with the system when so many people were getting so rich by simply moving money around and not creating anything of real value.

The worst thing is, they're getting bailed out while at the same time keeping the money they "earned" during the good days.

Actually that's not the worst thing. The worst thing is that things are about to get much, much worse. Inflation, deflation, it doesn't matter whose prediction wins in the end. There will be a lot of suffering in the next few years, MUCH more than people today even think, even with all the doom and gloom. The banksters still have our money and they'll be enjoying it from their Cayman Island resort condos for the next little while. And they didn't leave back here much for us.

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If 2.5 million people in greater vancouver start earning top income what will happen to housing sector you fucking idiot there are only 625.000 home in greater vancouver you fucking son of bitch don't you read that future supply at number #2 on this thread you fucking idiot those are all ready sold out you fucking bastard.

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" Lose the house, buy a condo"

http://business.theglobeandmail.com//servlet/stor…

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" Father offers daughter to shoe-thrower"

http://www.reuters.com/article/oddlyEnoughNews/id…

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