Comments on: Friday Free-for-all!

By: “A guy just bought a house with a mortgage and was checking with his friends if the bank would lend him another $6K for CHMC insurance” « Vancouver Real Estate Anecdote Archive

Mon, 16 Nov 2009 16:29:09 +0000

[...] November 2009 · Leave a Comment This from Anonymous at vancouvercondo.info 15 Nov 2009 10:13 pm [...]

Current score: 0 (to vote for this comment, please visit the site)

By: rp

rp — Mon, 16 Nov 2009 04:27:14 +0000

Hey it worked for real estate, you really can't blame them for trying. It must be raining idiots!

Current score: 2 (to vote for this comment, please visit the site)

By: buybuybuysellsellsel

buybuybuysellsellsel — Mon, 16 Nov 2009 01:43:07 +0000

@Arit No they did not line up for a few dollars of discount. But what hit me was the goods are on craiglist asking 150% and 70% above the purchase prices.

http://vancouver.en.craigslist.ca/van/sys/1467243…
Eee pc 8g 701sd brand new – $250 (Vancouver/Burnaby)

= asking 150% more

http://vancouver.en.craigslist.ca/rds/ele/1466914…
BRAND NEW Sony VAIO VGN-FW340DW – $850 (SURREY)

= asking 70% more

Current score: -1 (to vote for this comment, please visit the site)

By: doh

doh — Mon, 16 Nov 2009 01:19:42 +0000

@Supraboy: "I don’t think" Exactly.

Current score: 4 (to vote for this comment, please visit the site)

By: Disbelief

Disbelief — Mon, 16 Nov 2009 00:59:42 +0000

Here is an easy equation. Mortgaged to the hilt raise in the interest rate = Foreclosure . It doesn't get much simpler than that.

Current score: 11 (to vote for this comment, please visit the site)

By: realpaul

realpaul — Mon, 16 Nov 2009 00:05:34 +0000

Potential for a very hard landing in China as stimulus lending hits 140% of GDP. Fine to ramp up the factories but at the end of the day there has to be customers for the product. The big parasite has had its day in a world that can't carry it anymore. The saying go's that a rising tide floats all ships. China did nothing but clamber on the riseing economies of the west and now has nothing to sustain itself as the tide is going out. Superpower my ass.

Ha ha ha

http://www.telegraph.co.uk/finance/comment/ambros…

Current score: 4 (to vote for this comment, please visit the site)

By: Supraboy

Supraboy — Mon, 16 Nov 2009 00:02:04 +0000

There are so many bears here, it goes to show you that the RE market will continue to rise. Until there's a flood of bulls on bullboards and a swarm of buyers lining up for condos, I don't think we're even close to topping out on RE in Vancouver.

Current score: -9 (to vote for this comment, please visit the site)

By: doh

doh — Sun, 15 Nov 2009 23:51:20 +0000

^^ retard

Current score: 0 (to vote for this comment, please visit the site)

By: Anonymous

Anonymous — Sun, 15 Nov 2009 23:45:15 +0000

@Chilled: Yeah but, yeah but, Chilled, don't diss this guy(?)cos he deserves respect man, now that he's an "owner". You are clearly just a bitter renter. It 5 years he will own 15 properties and be the talk of all the cool cocktail parties.

Current score: 0 (to vote for this comment, please visit the site)

By: Chilled

Chilled — Sun, 15 Nov 2009 22:59:22 +0000

http://vancouver.en.craigslist.ca/van/roo/1467856…

Tooooo Funny!!!!!

Current score: 5 (to vote for this comment, please visit the site)