Crackshack or Mansion?

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?

Give it a shot.

22 Comments
newest
oldest most voted
Inline Feedbacks
View all comments
Noz
Noz
10 years ago

That much is obvious but what are the banks lending all this money for to people who clearly can't afford it?

patriotz
10 years ago

@Noz:

I don’t understand where the money in BC is coming from.

Debt.

Noz
Noz
10 years ago

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.

Starving Artist
10 years ago

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

mflat
mflat
10 years ago

16 out of 16 for me. Clearly, I have a proper Vancouver Real Estate edu-ma-cation.

XXX
XXX
10 years ago

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

buff_butler
buff_butler
10 years ago

comic gold! great site; I only got 11/16 however I printed off the realtor licence and will frame it tomorrow.

Inventory
Inventory
10 years ago

April 12,2010 = 15462

nonymouse
nonymouse
10 years ago

Great and funny website, great job PetrP !

Sadly it seems I was born in a crack shack 16/16.

Spec
10 years ago

13/16

Where's the "like" button? 🙂

Vansanity2
Vansanity2
10 years ago

16/16 first try… how absurd those prices are.

WHO WANTS TO BUY A M
WHO WANTS TO BUY A M
10 years ago

Interviewer: The price of a SFH in Van has recently hit $1 million. Doesn’t that look like a bubble? Bob Dugan, Chief Economist, Canada Mortgage & Housing Corp: “Well we’ve certainly looked at the question of a bubble and we haven’t been able to find any evidence yet of housing prices being out of line with fundamentals in any of the markets in Canada. Price growth has been fairly modest overall… in a longer term context”. ..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… Read more »

vreaa
10 years ago

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

Chilled
Chilled
10 years ago

I scored 13!!! You can recognize Vancouver's foilage.

paulb
10 years ago

@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

MrBear
MrBear
10 years ago

I don't remember my final score, I was laughing too hard. I'd have PetrP's baby if it wasn't anatomically impossible.

arit
10 years ago

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

Don Lapre
Don Lapre
10 years ago

I liked all of those character houses!!

I buy three and my husband by three!

Noname
Noname
10 years ago

I got 16 out of 16…

… the 2nd time.

I only got 11/16 the first time 🙂

Noname

Robert Rennie III
Robert Rennie III
10 years ago

15 out of 16 for me, woot! (Disclosure, I was born in a crack house.)

paulb
10 years ago

I was owned by this challenge. lol!