Comments on: CMHC mortgages based on posted 5 year rate

By: April 19th effect on presales | Vancouver Condo Info

April 19th effect on presales | Vancouver Condo Info — Mon, 19 Apr 2010 14:34:06 +0000

[...] talked a lot around here about the new rules and how they’ll affect interest rate approvals and how suite income is calculated, but there’s one aspect of the new rules that I [...]

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

By: Vic

Vic — Tue, 09 Mar 2010 16:03:44 +0000

As much as I would like to see the Vancouver RE drop like a rock due the new rules inposed by the government, at least I feel better that some potential buyers won't get caught in the buying frenzy and experience financial hell in 5 years time.

Current score: -3 (to vote for this comment, please visit the site)

By: patriotzed

patriotzed — Tue, 09 Mar 2010 07:32:53 +0000

@crabman:

IMHO the Efficient Market Theory is total crap. It says that all information available is immediately acted upon by investors, and no investment strategy is better than a coin toss.

You can't have an efficient market if: 1. Bears can't sell short. 2. Bulls can get financing not properly priced for risk (CMHC). The RE market is not efficient because it can't be. That's not a claim that any other market is efficient BTW.

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

By: Disbelief

Disbelief — Tue, 09 Mar 2010 00:15:56 +0000

That explains a lot. The bulls are borking each others brains out.

Current score: 3 (to vote for this comment, please visit the site)

By: No Longer Looking

No Longer Looking — Mon, 08 Mar 2010 23:58:52 +0000

Or in this case, a systematic attack on a blog. Dave's multiple personalities are really stinking up this place.

Current score: 7 (to vote for this comment, please visit the site)

By: Drachen

Drachen — Mon, 08 Mar 2010 23:09:00 +0000

I should add - Dictionary.com

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

By: Drachen

Drachen — Mon, 08 Mar 2010 23:08:11 +0000

@Mark Downs: "bork /bɔrk/ Show Spelled[bawrk] –verb (used with object) to attack (a candidate or public figure) systematically, esp. in the media."

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

By: VHB

VHB — Mon, 08 Mar 2010 23:07:06 +0000

Bork you.

Current score: 10 (to vote for this comment, please visit the site)

By: Mark Downs

Mark Downs — Mon, 08 Mar 2010 22:54:29 +0000

@bigtimemortgageborker: Just how does one go about borking mortgages anyhow?

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

By: Once again

Once again — Mon, 08 Mar 2010 22:49:59 +0000

131 So that means the new rules will have zero effect. Maybe next time bears...so sad

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