Comments on: Real estate board cancels conference

By: other ted

other ted — Tue, 09 Dec 2008 16:57:18 +0000

I hope this gets through as the site is closing. Scullboy thanks for the reply and I loved reading your comments over the last year. Hope you migrate over to condo hype or whatever blog takes over condoinfo

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By: Dave S.

Dave S. — Tue, 09 Dec 2008 15:12:13 +0000

I can't wait for all the loser 'realtors' who spend their days blogging and haven't sold a damn thing all year to disappear. I love it how the strongest opinions come from people who haven't been in the business two years. LOL. Keep on typing but you'd better go back to that part time job.

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By: The party’s over… literally « condohype

The party’s over… literally « condohype — Tue, 09 Dec 2008 01:06:26 +0000

[...] Hat tip to Vancouver Condo Info. [...]

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By: patriotz

patriotz — Mon, 08 Dec 2008 22:29:43 +0000

BTW median household income in Trail is 43K, compared with 47K in Vamcouver proper.

http://www12.statcan.ca/english/census06/data/tre…

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By: patriotz

patriotz — Mon, 08 Dec 2008 22:16:47 +0000

Why not Trail?

"2 bdrm home in Columbia Heights with stunning views of the river. It's the perfect time to buy and it's cheaper than rent"

http://www.mls.ca/PropertyResults.aspx?Mode=0&amp…

Pretty hard to have a meltdown from 99K. Ironically Trail is one of the few towns in the Southern Interior with real jobs, and yet it's the cheapest.

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By: Dan in Calgary

Dan in Calgary — Mon, 08 Dec 2008 22:05:19 +0000

Every city, town and village in southern BC, except Trail, is going to see a meltdown. Why not Trail? I thought many Trailites had "done pretty well" over the past few years. I have a relative in Castlegar who paid what I thought was an enormous sum for a home last year, and I'll bet Mom and Dad's old house along the river, across from the Smelter, would have fetched a pretty penny last year.

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By: scullboy

scullboy — Mon, 08 Dec 2008 21:37:08 +0000

Other Ted:

People are brainwashed about all sorts of things.

I called my Dad tonight to tell him my first catering engagement was a roaring success. In fact it was so successful I was offered a job on the spot, catering for TV and movies. Seriously! Apparently one of the guests just loved the chanterelles and chevre in phyllo (a recipe I made up the night before I might add), along with the figs in Devon cream and the fresh pesto. I can't accept the job because I'll be in school, but she was clear that I was to call her as soon as I was out of school.

Anyway my dad and I were talking about retirement and how the Boomers won't be able to retire at 65.

"And do you know why that is?" asked my dad.

"Um, because you guys spend way too much money on frivolous things like handmae fishing reels and antique motorcycles and refused to save for the future, so there isn't enough money to go around" I asked.

Seriously, that's exactly what I said.

"No," said my dad, slightly miffed "it's because Boomers had to pay for your education. You gen Xers are in debt up to your ears and you don't seem to care. You're so irresponsible. By the way there's documented proof that when the baby boomers start to retire, the tax rates on our R.R.S.Ps are so high, it's going to pay off the national debt."

I had a major breakthrough this evening. I laughed at the ol' man to his face.

"Are you fucking kidding? You HAVE to be fucking kidding. Everyone else is going to be paying for your medical bills and you people are going to live another 40 years leeching off the rest of us, and STILL you somehow manage to think you're going to save the world, and nobody will appreciate all your hard work. God Dad, you're full of sh*t".

So…. other Ted, people tell themselves whatever lie they need to to get through life. Don't worry, all the Boomers are doing.

God I hope they end up on the street eating dog food

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By: patriotz

patriotz — Mon, 08 Dec 2008 21:24:56 +0000

"Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and realize that we missed a golden age for first-time home buyers."

Bwahaha. House prices aren't even done falling in the US, and are not going to recover until real incomes start rising again. Good luck with that. And that goes for BC too.

This article is from the NYT but the reporter is not one of the people who have been covering the bust such as Gretchen Morgenstern.

The readers aren't being fooled – look at the comments section.

http://www.nytimes.com/2008/12/06/business/yourmo…

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By: bdk

bdk — Mon, 08 Dec 2008 21:21:18 +0000

Sure enough rent has hit $1500 in shangri la….

http://vancouver.en.craigslist.ca/apa/950473818.h…

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By: richard1

richard1 — Mon, 08 Dec 2008 21:19:45 +0000

#9 thanks for that video. i've never seen it before. i liked this bit "There are so many condominiums that have been built in this town that nobody lives in. Their lights are never on. I mean they weren't even bought with the intention of living in. Some of them are so small it's like no one would ever want to live in. Why would you want to buy a condo in this town?" I almost thought he was talking about vancouver...

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