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February 11th, 2009 at 10:19 pm
squidly77: Do yourself a favour and read his blog and some of his comments on other bear blogs before you bash Paul further. Lumping together everyone from a specific occupation is blatantly ignorant and a waste of everyones time.
Good luck with the change Paul, I understand the boredom.
February 11th, 2009 at 10:16 pm
squidly77 Says:
talking about being smooth he even has you guys bashing your own city….why would you do that?
Hey squidly, I’m almost 60 years old, born in Vancouver, raised on the Island. This ONCE was a great place to live. It’s now an Asian Theme Park, and it little resembles the character that made this a cool place to live.
It’s not greed, it’s called Globalism. It’s a social engineering construct that basically annihilates anything that resembled “home”.
And I can guarantee that realtors did NOT create this human experiment.
February 11th, 2009 at 10:11 pm
pope
its an open board and i am sure that i am pushing it..but
how does anyone really know if he has not lost his shirt and
is moving back to mom and dads basement (i know he claims hes from vancouver) do you trust him because
hes a realtor
February 11th, 2009 at 9:57 pm
talking about being smooth he even has you guys bashing your own city….why would you do that ?
vancouver is a great city
i worked at VSY for 11 months in 2000-01 and lived in north van..its a beautiful and wonderful place to be
how do you become so manipulated by a guy that feeds you some silly daily stats that you would bash the city that you live in ?
realtors are in it for themselves and themselves only and they dont give a hoot about you..call me a prick but if you wont stand up for your own city i and others will
February 11th, 2009 at 9:40 pm
squidly77 Says:
he doesnt even care about vancouver as he prefers to bash your city on his way out..see him for what he is
hes cut and run
bashing you and bragging as he goes
squidly77,
You really have to take a deep breath.
February 11th, 2009 at 9:32 pm
It’s just appalling how much the qualify of life, and may I say the quality of people, in Vancouver has declined since the 60’s and 70’s.
I’ve been saying it for years. Born in Vancouver. Left when young, moved back as a young adult. Finally left in 2007 after thirty years plus.
imHo, the changes are irreversible. The city’s reputation persists, which is why many still want to come here. But the reputation is no longer warranted. We will never again see a Vancouver where the quality of life approaches that of the sixties and seventies, because we will never again have a population whose values reflect those of the sixties and seventies population.
Greed destroyed the city.
The biggest mistake we made was letting anybody outside the city know that it existed. In this regard, Expo 86 was a huge blunder. Wanting to host the Olympics was another blunder, but for a different reason … it was completely driven by greed. Not just the developers, but the “I voted Yes” crowd who thought they would get “something for nothing” when the federal government and industry kicked in all that money (what money?) to build sports facilities. So boys and girls, did you get something for nothing?
Greed, greed, greed.
February 11th, 2009 at 9:31 pm
he paid dues to your real estate board
he fully supported what they said
and i fully expect to be voted down by 998 votes as your board has completely forgotten what they have done to your city
ask yourself some questions..why did you not hear from him until the price run up had stopped in late 2007..where was he in 2004 when pensioners were forced to move due to rising property taxes..the same pensioners that lived and supported vancouver there entire lives
where was he when families were signing on for $600,000 mortgages ruining there lives
heres your answer..he was out selling houses and supporting his real estate board
February 11th, 2009 at 9:30 pm
PaulB says about his leaving…
Another key reason is that we are both born and raised in Vancouver and desperately need a change. We’re bored with the day to day and maybe this is the answer… Maybe not?
Oh, it’s the answer right now, Paul. The Maritimes have the Ocean and beautiful beaches, and better yet … there is a rich history – we, on the West Coast don’t have that kind of story to tell.
I am so sorry to see you leave. You reached into a lot of people’s heads around here; your daily numbers and raw data/graphs helped to counter the MSM spin and hype. Your integrity will be missed, greatly.
All the best to you. Have a wonderful adventure with your family:)
February 11th, 2009 at 9:24 pm
Paul, will miss your stats and posts, but I’m afraid you will be back. If you are an outsider the Island can be rather insular unless you can sing and dance and put away a lot of moonshine. Sort of like the Ozarks. After five years on P.E.I. I had to get back to the Pacific Coast, or go stir crazy. What you will save on mortgage payments will be eaten up on heat and taxes. Potatoes and Lobster can get tiresome. See you on the North Shore in 2012!
February 11th, 2009 at 9:20 pm
squidly77,
Even in a market like this, there are ethical transactions, such as people moving slightly up or slightly down.
How do you know what he cares about?
Anyhow, he has provided stats that been very useful for us skeptics, and I believe he did so to the displeasure of other realtors.
And what he said about Vancouver is quite mild. This place really is going to hell.
February 11th, 2009 at 9:11 pm
ok so now you have a realtor bragging that he can work part time and enjoy his family..where do you think (if he has any) his money came from
i am sorry if i sound harsh and i know that i am in calgary and that this is a vancouver board..but the reasons that both our cities are in a total mess has been partially due to realtors and there like stating lies and distortions
they used and abused people for profit
they lied..they said prices up up and away to the moon
you cant lose in real estate blah blah blah
he used vancouverites for profit and you guys are buying it
he doesnt care about families losing there homes
he doesnt care that pensioners had there rent raised so high that they could barely afford to eat (could have been your parents)
he doesnt even care about vancouver as he prefers to bash your city on his way out..see him for what he is
hes cut and run
bashing you and bragging as he goes
February 11th, 2009 at 9:10 pm
http://www.vancouversun.com/Ho.....story.html
Good time to buy!
February 11th, 2009 at 8:59 pm
Paul was our favourite realtard. We were going to kill him last. Not much meat on his bones though as we were never buying. ha ha
just kidding. irony
February 11th, 2009 at 8:46 pm
That’s a shame. I knew who I was going to eventually buy a place in North Van from in 2012.
Good luck Paul.
February 11th, 2009 at 8:38 pm
Thanks Paulb for all your hard work and honesty … If I’m ever in PEI golfing I’ll look you up.
cheers
February 11th, 2009 at 8:29 pm
Hey no E on Boenisch!
February 11th, 2009 at 8:26 pm
Thanks guys! It has been a tough decision to leave. We went back and forth many times over the last year finally committing to give it a go.
The major reasons for us to go were; some family (my mom), a safer and less cosmopolitan environment to raise our kids, and affordability. Sandra and I can work PT without money worries.
Another key reason is that we are both born and raised in Vancouver and desperately need a change. We’re bored with the day to day and maybe this is the answer… Maybe not?
February 11th, 2009 at 8:24 pm
If you go to the new mls.ca, you can type in a location like Vancouver and it will total up all the listings for what is on the current map view. On the left is a zoom scale.
If you add up (residential unless indicated):
vancouver[10] + whistler[10] + port coquitlam[13]+maple ridge[12] +pitt meadows[12]+squamish[11]+ vancouver[10,land]
you get: 12072+518+620+1035+558+286+455 = 15544 which is close to last Paul b’s inventory number.
The number in the [ ] is the zoom scale used for that location name (1 = bottom step = large view).
It isn’t perfect as Paul counts land from all areas and the above also includes a bit of surrey and has some overlaps.
But it is roughly calibrated to Paul’s areas so it should be possible to track inventory this way and because of the calibration, rough comparisons with Paul’s old data would not be entirely devoid of information.
February 11th, 2009 at 8:08 pm
26 john Says:
February 11th, 2009 at 6:46 pm
Rich asians don’t like PEI so I see no reason to move there. This is where the action is right here in the best place on earth. Nothing but potatoes and weirdos in PEI.
==============================
But John:
They put the P E I in PEpperonI .
The SUV’s run on potato hooch.
More Rich Asians per capita than the North Pole .
What more could you ask for?
February 11th, 2009 at 7:34 pm
oh crap, for the whole of the comments I thought I was reading about Chipman leaving. Freudian slip.
Now I feel bad that Paul is going.
Good luck on the east coast!
February 11th, 2009 at 7:09 pm
For those who defend a realturd who jumps ship when the going gets tough, ask yourselves one thing; How often did this guy spew the typical propaganda about Vancouver prices only going up, the Olympics are coming, the best place in the world……..etc, etc.
Now, when the going gets tough, the Realturd decides to find another market, possible a future bubble. It all boils down to ethics, honesty and credibility. This realturd is no different than the rest. He knows it and that is the only reason he is trying to start with a clean slate.
February 11th, 2009 at 6:58 pm
I will certainly miss Paul. Checking his site everyday was part of my routine every morning.
I’m not sure if he’ll enjoy living in PEI, though. If you are a true Westerner (like me), the east is quite “different” in many ways.
Good luck, Paul!
February 11th, 2009 at 6:53 pm
True.. I am working on leaving this mess here too.
Vancouver is destroyed. Once I have a bit of experience in the health care field I will get the hell out of BC too.
Let the realtors and specuvestors have the place, let them play tit for tat, tat for tit.
I wish I could get out of BC before the olympic joke starts.
Good luck.
February 11th, 2009 at 6:49 pm
and after researching it and visiting PEI, the vastly improved quality of life is what convinced us.
Wow someone comes out and states the obvious.
It’s just appalling how much the qualify of life, and may I say the quality of people, in Vancouver has declined since the 60′s and 70′s. The city really used to be a nice place. And yet in those days nobody felt the need to trumpet the quality of life – they just lived it.
Maybe the next edition of the “best place on earth” license plates can have some bullet holes stenciled on to give that “edgy” look.
February 11th, 2009 at 6:46 pm
Rich asians don’t like PEI so I see no reason to move there. This is where the action is right here in the best place on earth. Nothing but potatoes and weirdos in PEI.
February 11th, 2009 at 5:51 pm
A void has certainly been created with Paul no longer supplying his much appreciated stats. There’s an opportunity for an ‘honest’ realtor to step up to the plate. If someone were to supply the daily numbers in an easy to understand format and let the stats speak for themselves. No Bull. No Bias. All of the number junkies would visit the site religiously. Where else are they going to go now that Paul has left the building?
February 11th, 2009 at 5:44 pm
PaulB is a classy guy despite being a realtor
I wish him well in PEI. Thanks Paul, for all the addictive stats.
CPPC, has some valid points about Atlantic Canada. High heating costs partly eat up the real estate savings, and many homes are old and requiring work.
Paul, if you love Sushi or any quality Asian food, you will probably have to drive down to Halifax. Not to mention any big shows etc. Island life is slowwwwww.
Unlike many realtors, Paul seems to have other skills like running that website. If the real estate scene is crowded, I’m sure he will find some other business niche.
And agreed, having family there is the ticket. Even then, there is a constant struggle for decent paying work.
The main reason I understand Paul’s move is due to his children. The gangland headlines over the last few weeks made my Wife (a Newf) have me promise her that we’d get out of the Lower Mainland before we started a family.
Hearing that Vancouver has more gangsters per capita than any other city in the WORLD, has ended my desire to stay here (in the city where I was born and raised).
The crime added to the poor career prospects, added to the housing issues we all know so well, equals no more desire to stay here long term.
Vancouver is done, its wrecked
and I will go someday too.
February 11th, 2009 at 5:37 pm
Supraboy Says:
“As much as I…troll around here”
The fact you finally admitted you’re a troll, has made my day. Thank you Troll.
Anyone see the news today that Canada has a trade deficit, first time since March 1976.
As for Paulb, sucks. He’ll be missed, this feels like a funeral or something. Hopefully he continues to blog on here. I’ve always liked his posts.
February 11th, 2009 at 5:19 pm
The Pope:
I worked with thousands of realtards over the 2 decades I did in that sordid biz and have never met an honest one when the chips were stacked against them. Its all smooth sailing until it’s at issue between you and them. Thats an insiders POV.
You have no idea want goes on behind closed doors down at the Board arbitration offices when these dipshits ‘career goals’ get in the way of ethics and morals.
Unfortuneatly some people just have to have some thread of belief to keep themselves sane. heres the new motto for the real tard industry. When the chips are down, trust no one, most of these crackheads will sell thier mother for a commission. The sad reality is just human nature excercising her right to cull the weak, the meek, and the all effed up.
Anyone wants to defend one , go ahead, I’m keeping my hands firmly clamped over my wallet.
February 11th, 2009 at 4:59 pm
God, I just noticed Paul B.’s comment:
“However, I look forward to selling real estate in a market where I can more easily see value for the dollar. Selling first-time home buyers into a 200k house will feel good compared to the recent speculative mania that has infested BC real estate.”
200K???? First-time buyers?? Who does he he expect to be selling to? Equally clueless foreigners?? That’s freakin’ inflated even for Charlottetown (pop. 35,000). Check the MLS (which only lists the asking price, not the getting price) if you don’t believe me.
A few gormless rich Chinese immigrants were paying cash for homes and were taken in completely by the crafty locals under the auspices of the Immigrant Investor/Provincial Nominee Program. The biggest scandal to ever hit PEI when it finally went public after years of whispered rumours.
http://www.cbc.ca/canada/princ.....otest.html
That’s the Island way, welcome ‘em from away and proceed to fleece!!
I think the $200K RE customer base on PEI just took a biiig hit.
February 11th, 2009 at 4:48 pm
As I said on the previous thread, I will eternally be indebted to such individuals as PaulB for saving my HUNDREDS OF THOUSANDS of $$$ in principal and interest payments. I thank him and wish him and his family all the best wherever they choose to live.
I will always remember PaulB as a generous, level-headed individual whose work helped out more people than he will ever realize.
Thank you PaulB from the bottom of my heart and may the force be with you.
February 11th, 2009 at 4:47 pm
I find it interesting that this contributor is “escaping” to PEI.
I was born and raised in Vancouver, but I did live full-time on PEI from 2000 to 2007.
If Paul B. has a lot of money in the bank, and makes more than one significant real estate purchase, he will be tolerated despite the fact he is “from away”, maybe even respected. Bonus points if he is a regular church-goer.
The most important thing going for him is that he has family on the Island. That is more valuable than any amount of money or honours. It is the key to surviving in this place.
Personally, I became quite ill after five years of Island living. Was it the record concentration of pesticide use in agriculture? Was it the contaminated water? Was it the absolutely staggering amount of furans and dioxins escaping from the stack at the “waste-to-energy” plant in Charlottetown? I don’t really give a damn at this point. I quit a good-paying job and literally crawled back home to my old neighbourhood on my hands and knees. I will have health issues for the rest of my life, but I daily give thanks that I am back.
P.S. The only time I owned real estate was on PEI. Get ready for some killer electrical and oil bills. And some truly incompetent “contractors”.
February 11th, 2009 at 4:30 pm
FrikkinDopes: He is not just moving to pei but he has put his thought for success of his occupation “Selling first-time home buyers into a 200k house will feel good compared to the recent speculative mania that has infested BC real estate.”-Paul.
What would happen if value goes up beyond 200k?
February 11th, 2009 at 4:26 pm
As much as I argue and troll around here, it really sucks to see Paul go. His blog has a lot of useful stats for me to argue for and against the real estate bubble. Oh well. PEI looks really attractive compared to Vancouver. For half a million, a mansion, geez……..I’m speechless.
February 11th, 2009 at 4:21 pm
Paul and his blog will be missed. Too bad for me and for many other bears–one day, when I’m a bull, I was hoping to buy through him. I can only hope that some other straight-talking, honest, and “no-bull” real estate agent will step up and fill the void he leaves behind in the Vancouver blogosphere…
February 11th, 2009 at 4:18 pm
Whereas Paul worked his career with integrity and had NO QUALMS about attaching his name to the material he supplied to the public at no charge the peanut gallery here spews hateful vitriolic rubbish towards him while carefully hidden from public view.
Given the choice I would shake Paul’s hand and cross the street to avoid shaking the hand of some utter dummies posting here.
February 11th, 2009 at 4:10 pm
Pope:
Now now now..
I was reacting more to realpauls post in “tongue and cheek fashion.”
PaulB will obviously be missed by many . He should take that as a compliment. Best wishes to him and his future endeavours. PEI now looks intriguing (and here I thought it was only good for Stompin Tom and potatoes).
BTW: I would trust a thosuand year old realtor that looks like a dog far more than a new buck any day !!!
February 11th, 2009 at 4:02 pm
I’ve had it.
What was once mildly amusing is now consistantly mean spirited with the verbal stupidity of the terminally depressed.
Dislike the man and defame him in public because he had the glaring audacity to offend you by making his living as a realtor?
I don’t need this chit. Have a good day, although thats obviously impossible.
February 11th, 2009 at 4:01 pm
VANCOUVER IS PROTCTED BY NATURE
If realtors think home prices should start from 200k then majority of people will never buy any real estate,think about sitting out dumbs those gamblers and people like ozzie help pile up teams of cheaters who enter and exit at specific time given by knowledge.
There is a saying “if monkies ever come to know how to light a fire they can easily put this world on fire” so if anybody who think they can knock down the top prices from Van.R.E.Move to PEI right away and save your time and occupations from trolling in the blogs because hey VANCOUVER REAL ESTATE NEVER GO DOWN Sales are most important for realtors occupation but not for the owners of principle residence at easy convenient location that’s why Vancouver real Estate is protected by it’s nature.
Bye Bye Paul and Good luck PEI.
February 11th, 2009 at 3:59 pm
i can not speak for your real estate board in vancouver but here in calgary the realtors made some outlandish claims
and made statements that would never be true they basically lyed
no they never held a gun to peoples heads but they sure made some threatning statemnents such as:
buy now or be priced out for ever
parents you had better lend your kids downpayments on homes now as this may be there last chance to get in
there were to many more to mention..and yes most people picked up on the spin and just brushed it off
however some may have bit and the funny thing about this world is what goes around comes around every single time
here in calgary we have what i am sure are some very fine realtors but there is also scum amongst them and since the various boards refuse to police there own members they all get painted with the same brush and its a very dirty brush
the hatred of the nar in the USA is everywhere i also have family in england who tell me that there estate agents are held in contempt
so you reap what you sow
February 11th, 2009 at 3:38 pm
i hope that no one takes my earlier post as a personal attack as that was not the spirit of my post
people being people tend to blame others for there choices
and what i posted presented a very real possibility
February 11th, 2009 at 3:31 pm
NO -LYMPICS: To believe idiotic arguments, you need to be an idiot. Buyers who bought into any of those arguments did so out of greed or fear, without thinking things through. What difference does it make if it was a new realtor, a thousand year old realtor or a talking dog that convinced them of it?
Funny how the people’s choice of ” best realtor” wants to pack up and leave ( almost as far away as you can from this BC Market…,)….you would think we need them here more than ever to help separate the wheat from the chaff.
Yeah, Vancouver NEEDS a lot of things, but that doesn’t mean it’s someones responsibility to stay in an overpriced city just because they can help others in the future.
Everyone is responsible for their own lives. Moving away from an expensive city with plummeting property values and a declining quality of life doesn’t sound like such a bad move to me.
Myself and many others appreciate the extra work that Paul put into sharing market stats, but just because he was willing to do that for more than a year doesn’t mean he’s obligated to continue ad-infinitum.
February 11th, 2009 at 3:20 pm
realpaul: What’s with the personal attacks? You obviously see the term ‘Realtor’ and you fall into a frenzy of insults without thinking things through. Did a Realtor kill your parents or something?
Read his blog and comments, Paul has always been incredibly honest. Not only saying that Vancouver was at a risk for a housing correction (before the market peaked), but putting in extra work to openly share market statistics that the REBGV does not make available.
So what’s your problem?
February 11th, 2009 at 2:36 pm
What PaulB is really saying is this
1) I’ve got no listings, the ones I did have expired unsold and I’m going broke.
2)The cost of living in BC is killing me and if I don’t get out of here soon I’ll be on welfare
3)I’m not qualified for any kind of employment.
4)I want to get out before the people I sold condos to last year find out where I live.
5)People simply aren’t believing my bullshit anymore and my email is full of death threats and sincere hate.
6)No one knows me that far east and I can get a new phone number under my wifes name without it popping up on the criss cross directory.
7)It’s the end of the road for the real estate buisness in Vancouver, I can’t make a dime.
9) Theres trouble in paradise and I don’t want to be around for the final act.
10)I can try to retrain as a croupier and try to see if theres work in a NewFoundlands Native casino.
11) My wife has been seeing another guy with a real job.
February 11th, 2009 at 2:34 pm
Closer to Obama-town too! Good move for everyone happy time in PEI!
February 11th, 2009 at 2:34 pm
Good point squiddly 77.
I wonder how many purchasers had some “fresh out of RE school” newly licensed realtor convince them
–this is a world class city
–buy now or forever be left out
–Vancouve real estate never goes down
–blah blah etc. etc.
Yeah, I know it’s “Buyer Beware” and no one held a gun to their head.
However, a lot of people will see this as white lies, the mantra book of the REBGV cult members….they are in debt for years to something that has perhaps lost original value and some of these parties may go postal.
======
ALSO:
Funny how the people’s choice of ” best realtor” wants to pack up and leave ( almost as far away as you can from this BC Market…,)….you would think we need them here more than ever to help separate the wheat from the chaff.
Who is left to fill the void ?
February 11th, 2009 at 1:54 pm
No more daily stat updates? What a bummer. Oh well, this bubble is doomed anyway, we’ll just have to make do with monthly updates.
February 11th, 2009 at 1:48 pm
I was on PEI for the first time a couple of years ago. I loved it and considered the possibility of moving there. If you don’t have to work or you can find a way to earn a living there I’d say it’s a brilliant choice.
February 11th, 2009 at 1:48 pm
i think that you are going to see a mass exodus of realtors leaving town for one reason or another
theres has to be a lot of pissed off and massively underwater buyers out there that they will not wish to encounter going into the future
February 11th, 2009 at 1:26 pm
Thats great I’m done with BC too, I am also moving to PEI this summer its the new “Best place on earth” I will have to get in touch with Paul when it comes time to buy.