Ride the great RE roller coaster


Laadies aaand Gentlemen! Step right up, one and all and ride the bubbliest market in North Americaa!. The Great Vancouver Real Estate Roller Coaster is now open for bizness! Experience the thrills! The Spills! The mind-boggling economic waste of it all!

Front row seats for you only my friend, here’s your tickets:

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mflat
Member
mflat

Brilliant work, Pope. Global TV should play the whole thing during Prime Time. You’d beat out all the other make-believe thrillers (like Fringe and FastForward) hands down.

paulb fan
Guest
paulb fan

Rob just released FV numbers. its 2008 once again. Have fun guys.

FVREB detached and attached numbers for last week were 985 new listings, 359 price changes, and 379 sales for a sell/list of 38.48%.

Looking forward to days when price changes will be atleast 200% of sales. hohoho. Are we in southern hemisphere? why all of a sudden it feels like xmas in spring.

mino3
Member
mino3

Well done Pope! I like the years in 3D, like riding through 1981 🙂

tomvu
Guest
tomvu

@Kraft Dinner!: Get used to living in the car loser because when you retire that’s what you’ll be doing. Ever see old geezers rummaging through the trash for cans? That’s your future you landless peasant.

kal
Guest
kal

Wow! Not only does that really put the 80s bubble into perspective, the 09 dip is a neck snapper! I’d guess that’s a good preview of the upcoming crash except this time interest rates are going up instead of down and we’re starting from a steeper peak.

Thanks for the video, what a visceral way to experience the irrational exuberance!

Kraft Dinner!
Guest
Kraft Dinner!

BTW: Awesome Video!

I’ll stop feeding the troll now, sorry everyone.

Kraft Dinner!
Guest
Kraft Dinner!

@tomvu: Rent is free if you live in your car because the bankruptcy broke up your marriage and the bank forecloses on the leaky condo you overpaid for.

Leverage is awesome on the way up, but it tends to crush on the way down.

bubbly
Guest
bubbly

Only nominal prices matter if you are in debt.

Is there a roller coaster with unadjusted values?

Gordon C.
Guest
Gordon C.

The only thing I would think to add is say pictures matching up to the years. Such as Bill Vanderzalm and Fantasy Gardens, Expo 86, Glen Clark fixing his wood deck, commonwealth games, olympics. It just puts a little more meaning to the Vancouver experience. But having said that:

FANTASTIC JOB!!!,

arit
Member

Excellent work there Pope. Must have taken a lot of time and effort!

If this goes viral, it might put a lot of stress on the blog's servers… Which is good.

Regards

arit

nonymouse
Guest
nonymouse

Well done video. It's amazing how effective the roller coaster first person perspective is. That last dip near the top is a neck snapper!

Summer
Guest
Summer

Great video!

tomvu
Guest
tomvu

@Kraft Dinner!: Kind of like how renting is free right loser?

Kraft Dinner!
Guest
Kraft Dinner!

@tomvu: You're right and since you're so smart it means you aren't fooled by this. Get out there and buy now! Even if we are at the top of a bubble prices could recover within 25 years, so as long as you don't have any maintenance or interest costs it's all profit after that!

tomvu
Guest
tomvu

This video kind of destroys the bear case since it shows real estate only going up in the long term.

vreaa
Member

Superb.

Well done, Pope, many thanks.

off-the-radar
Guest
off-the-radar

wow. Brilliant video, gets the message across so well.

(I've been lurking on this site for a couple of years but had to comment today for the first time because that video is awesome).

Coco
Member
Coco

Genius!

VCI Admin
Admin

Thanks all!

@paulb: NoLimits coaster simulator. I laid a grid over the CUER graph and matched that in the NoLimits CAD interface.

@Anonymous: Argh. Thanks for pointing that out. It takes a while for revisions so I won't be able to get that fixed right away.

Fix it when I can, spot any other typos?

In a couple of days we'll be doing an open format interview with Petr and Ola, the creative duo behind Crackshack or Mansion, so start thinking of questions you'd like to ask them. (don't ask them here yet). Highest rated comments on that thread will get sent on to them to answer.

Magnets and Miracles
Guest
Boombust
Guest
Boombust

Good job!

I saw on this morning's Global News, the latest Remax "report" that luxury home sales are UP!, yes, UP! across Canada!

"This points t a solid recovery in the Canadian economy", said the newscaster.

Now I KNOW the future is bright.

happyday
Guest
happyday

epic!

M-
Member

Two thumbs up! Same as vanguy, I thought Harbour Centre was a nice touch, as was the grey weather, befitting the Best Place on Earth! I can't wait to see where the future takes us!

vanguy
Guest
vanguy

That is spectacular. I loved the Harbour Centre off to your right, a nice touch.

This will be going viral. I was amazed how quickly crackshack or mansion spread…and this is much more entertaining.

Anonymous
Guest
Anonymous

You forgot an apostrophe on "dont" near the end. If this thing goes viral you will want proper grammar. Well done.