Here’s the challenge: Can you tell the difference between a crack shack and a million dollar Vancouver mansion? PetrP created a website quiz where you can test your real estate acumen at crackshackormansion.com. Being a consumate proffesional I only missed one. Can you beat my score cold?
on Mortgage brokers warn about new rules@Anonymous: >Nope, just a place to bitch about lounging RE agents with little to do but post crap on blogs. on Mortgage brokers warn about new rulesMakaya: "If you’re willing to provide ideas, I’m more than willing to listen" you mean ideas about future of Canada on Mortgage brokers warn about new rules@Bull! Bull! Bull!: ....Or is it a place for people to bitch about the Chinese and how they can’t keep on Mortgage brokers warn about new rulesRe Pending Unemployment Insurance changes" 'This government would have you believe that they're sitting there and surfing off the shores on Mortgage brokers warn about new rules@suspectum: "Why wouldn’t they have torn it down when everywhere else they demolish brandnew places to build “bigger, better, higher”?"
April 17th, 2010 at 2:27 pm
That much is obvious but what are the banks lending all this money for to people who clearly can't afford it?
April 17th, 2010 at 2:25 pm
@Noz:
Debt.
April 17th, 2010 at 2:07 pm
STARVING ARTIST:
The financial institutions and RE industry have taken away that "burden" of feeling like you owe anything anymore.
It's like playing with chips in Las Vegas. The reason they use chips is because psychologically, it's far easier to blow a $100 chip than a $100 bank note.
When they market homes as ATMs and you can't lose, people look short term and buy to sell sooner than later.
I don't understand where the money in BC is coming from. People in California get paid more in BC in the high tech industries and yet someone like myself would have a hard time moving to BC and afford it.
You folks are in for a nice surprise IMO.
April 13th, 2010 at 3:00 pm
I really don't get it. Do numbers like "a million dollars" not mean anything to people anymore? To me, that is a hell of a lot of money to owe the bank. I can't even stand to carry a credit card balance. How do people expect to pay that back? What the hell are they thinking? I DEMAND ANSWERS hahah
April 13th, 2010 at 9:23 am
16 out of 16 for me. Clearly, I have a proper Vancouver Real Estate edu-ma-cation.
April 13th, 2010 at 7:45 am
15 out of 16 – Blue house with veranda and workmen got me!
Clouds and foliage give it away and sadly I knew several houses.
Brilliant Work
April 13th, 2010 at 12:04 am
comic gold! great site; I only got 11/16 however I printed off the realtor licence and will frame it tomorrow.
April 12th, 2010 at 11:42 pm
April 12,2010 = 15462
April 12th, 2010 at 11:36 pm
Great and funny website, great job PetrP !
Sadly it seems I was born in a crack shack 16/16.
April 12th, 2010 at 11:34 pm
13/16
Where's the "like" button?
April 12th, 2010 at 11:09 pm
16/16 first try… how absurd those prices are.
April 12th, 2010 at 10:52 pm
..Is that your final answer or would you like to phone a friend or take the 50/50?
Oh! I'm sorry, that's completely wrong. The right answer was of course Yes, that looks like a bubble bigger than any of the US bubble markets. If you have a household income of $100k you probably shouldn't be buying a house for $1.2 million that you can only rent out for 2 grand a month. But thanks for playing, better luck next time!
April 12th, 2010 at 10:21 pm
15/16 for me.
Clearly I have been living Vanc RE for too long.
I can even give you the address of one of the 'mansions', it was featured on VREAA 31 Jan 2010, it's still for sale, on West 10th in Point Grey:
http://vreaa.wordpress.com/2010/01/31/visual-anec…
April 12th, 2010 at 10:12 pm
I scored 13!!! You can recognize Vancouver's foilage.
April 12th, 2010 at 10:10 pm
@The Pope:
Bobby is shameless. His claims will not be forgotten. Look what happened to Lereah,total disgrace.
Some of those hell holes are pushing 2M!
Few more listings trickled in:
341 List
145 Price changes
211 Sales
15,444 total
April 12th, 2010 at 10:08 pm
I don't remember my final score, I was laughing too hard. I'd have PetrP's baby if it wasn't anatomically impossible.
April 12th, 2010 at 9:57 pm
I got 15 out of 16 and would like to invite the anonymous PetrP as a guest of honor into the discussion. Who are you PetrP and how come we don't see you more often?
Regards,
arit
April 12th, 2010 at 9:56 pm
@paulb: You've been out of town too long, you can no longer tell the difference between a crack shack and a million dollar house. Apparently there are magic cigarettes available that restore that ability, maybe Bob Dugan will share some of his with you.
April 12th, 2010 at 9:53 pm
I liked all of those character houses!!
I buy three and my husband by three!
April 12th, 2010 at 9:52 pm
I got 16 out of 16…
… the 2nd time.
I only got 11/16 the first time
Noname
April 12th, 2010 at 9:50 pm
15 out of 16 for me, woot! (Disclosure, I was born in a crack house.)
April 12th, 2010 at 9:41 pm
I was owned by this challenge. lol!