I really liked the "movie". Finally some real reportage.
Today, by the PNE, a for sale sign.. and it posted the price too! 1st time Ive seen that.
Naah, not buying.. what if it burns down? Oh.. there is a thought, will we have more house fires now? Insurance money.
# 173 Brokerealtor Good post…LOL BTW cheap sugar coated chinese food is the best…and I know how to make it too. YOU sound like you have had an intersting life as well as the rest of us…good on ya. I highly doubt many, if any, VCI posters haven't been in the " REAL world" and for a LOONNGG time with the rat race /war wounds to show for it. I highly doubt what is posted is sanitized fiction drafted by the vivid imagination of an Englsh Lit student. Each of us gets something different out of this VCI blog…I just happened to stumble across it via a "link", but once I started reading I was sorry I hadn't found it sooner. I have had suspicions re the RE market for years, since the late 1970's early 1980's… none of it… Read more »
succinct: brief and to the point; having characteristics of both brevity and clarity.
I think he used it correctly.
C'mon 'succinct'ridiculous, bad word, not the right meaning
" Try to get away from your computer for a few hours a day"
What???? Are you kidding me? How can I do that? Is it done at all? Where? How?
Thanks for the good info, its very succinct.
I just check these blogs out every few days for curiosity sake But looks like Realpaul+No-lympics+Arit-supraboy You guys need to get out more often and see what's happening in the Real Vancouver. Try to get away from your computer for a few hours a day. Way too much on the stats side. Rent/Buy truthfully, if you could have ever afforded to buy you would have over the last 5 years, Looks to me like the 'morons' are having all the FUN! I have lost more real money & real estate in a divorce than RE phantom value appreciation/depreciation could ever get. If I didn't read the blogs or newspaper I would have to ask Are things really that bad, even though I see they are, C'mon living in a van down by the river in Vancouver aint so bad! Once… Read more »
2012 Games Cost of 2012 Olympics 'up £900m' The costs of the games have gone up 38% in just over a year The expected cost of the 2012 London Olympic park has risen 40% since the games were won in July 2005, Culture Secretary Tessa Jowell has told MPs. http://news.bbc.co.uk/2/hi/uk_news/politics/61675… QUOTE: Asked who would meet the extra £900m cost, Ms Jowell said discussions were on-going, but the earlier "memorandum of understanding" had been for overspends to be met by a mix of London council tax payers, and lottery games. 'Entirely predictable' QUOTE: Shadow Olympics minister Hugh Robertson said: "The secretary of state has admitted to a 40% increase. "She has failed to disclose the true cost of VAT, contingency, building cost inflation and security, much of which was entirely predictable at the time of the bid. ================================================ Same Olympic Shite,… Read more »
NO-LYMPICs: I think Vancouver get the worst timing. Brits at least get to have their party at a time the world economy is likely in slow recovery. They also got 3 years to find cheap constructions and materials, rather than building facilities with the highest cost in two decades. Plus with Vancouver as a precedent, they get to downsize the Olympics while telling the IOC to get lost on many agreed on constructions. The head of IOC already said repeated that no Olympics is better than another, and the games is in "survival mode". I'm pretty sure London can get away with housing Athletes in university dorms and hosting competitions in high school gyms, if they so choose to. Vancouver on the other hand, are way too far along the line in building the white elephants. IOC wouldn't complain too… Read more »
Right on, and so polite to, such restraint. Admirable.
I have been thinking about this rent-buy ratio all day. I seem to rememeber as a student that the average historically was below 10. I just did a quick calc off the current median of 640K and got 44!!!!!!!. This market is so out of whack with reality it's insane. I read that this ratio was the second highest in the world and that got me thinking. Timberrrrrrrrrrrr !!!!!
Anon, I also have a nick suggestion for you: How about "Anonymouse"?
I wonder if it's the same anonymous all the time or there's a whole bunch of guys who are so insecure with themselves they cannot chose a nickname.
Just stay in the dark, fire at will, never assume responsibility for their words.
Even our beloved satv has a nick (5, actually), so when we belittle him, he knows it's aimed at him and it is done because of something he said.
Staying anon is the virtual equivalent of spitting at someone from a roof and hiding. Want to spit? Come face to face. Then spit.
1)So the report is that 15 people have lost money in your area of intrest.
2) Assesments mean nothing, the government just proved that by asking everyone to disregard the assesed value printe on thier recent tax assesment notice.
Our new troll Anonymous has become a regular poster so it deserves a handle
I think something like
2.(n) -A depraved individual who sits in front of a computer all day and posts flames of an idiotic or pseudo-intellectual nature on public forums and private websites. Many of these people actually become emotional about what is said on the afore-said mediums and feel it is their duty to punish those who disagree with them. They too may pursue this object in an obsessive-compulsive manner.
NO -LYMPICS: Nobody wants to hear about your obsession with the olympics anymore.
163 Anonymous Says:
January 13th, 2009 at 4:18 pm
NO -LYMPICS: Try to stay on topic.
Trolls = Wanker Couvers = running for cover
Very few new listings, sellers not reducing enough to sell, but still people buying(very few).Most # of sales in smaller west side condo's $200-400K taking the lead currently showing 15 units sold this year. These are currently percieved by buyers as good value, all units selling below tax assessed value.
Wankers running for cover
Globe and Mail " Minutes of 2007 meeting show council knew athletes village was already in trouble " http://www.theglobeandmail.com/servlet/story/RTGA… QUOTE VANCOUVER — Vancouver City Council knew as far back as the summer of 2007 that the Olympic athletes village was in jeopardy and that the city's own financial investment in the project was at risk, The Globe and Mail has learned. At an in-camera meeting held that June, staff informed councillors that project developer Millennium Development Corp. was in "anticipatory default" – in other words, it was anticipated the company would not be able to meet its financial obligations to the city, according to minutes of the meeting. QUOTE Out of that meeting, the Non-Partisan Association party majority on council agreed to provide Fortress with the loan guarantee and a completion guarantee, obligating the city to complete the project in… Read more »
Shiller said "Vancouver is the most bubbly city in the world, I believe," he said. "They've had very volatile prices in the past. The rest of Canada, I don't get quite such extreme stories." Indeed, during a two-year period between 1979 and 1981, house prices in Vancouver jumped nearly 120 per cent — only to be followed by a spectacular crash that wiped out nearly all of those gains. I was just touching on the rent-buy ratio in Vancouver today. It is so out of whack ( second highest in the world) that prices can easily be seen falling 80%. It was brought to my attention today that Sydney Australia ( a sister city to Wahhhhncouver in many ways) has been in freefall for much longer and continues to adjust. The fall off started to happen during the Olympics and… Read more »
back on the topic(of interest, I think)
I am watching the Dunbar area in Vancouver west side. The number of listings are quite flat, sitting on 66 total for January so far (no change after the expired listings got removed at the end of the year)
Is anybody seeing inflow of new listings, and where?
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