So, over a thousand is a shockingly low level of downtown inventory? At the beginning of the year we had just under nine thousand for Inventory’s ENTIRE area.

Baghdad Bob, indeed.

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“The stats are shocking in how little inventory is [becoming available] downtown,” he told reporters during a media tour at the opening of the Vancouver Olympic Village last Saturday.

Is this guy for real? There will be nothing but inventory coming into the market in the next while. I don’t know why no one in the media calls BS on this guy.

The full article is here:

http://tinyurl.com/27d8tb2

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I think if you find the stats for Mar and Apr you'll find them closer to 2002 and 2007, I remember I saw them somewhere. This May is certainly faltering though.

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Fact is fact. there ain't no hatred,only those who are blinded don't understand why Van RE will never meet the same fate as US RE,coz Chinese are prudent and stable homeowners who won't run away from their financial obligation as those US owners. Don't use race issue as a weapon.@House buyer:

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Fact is fact. there ain't no hatred,only those who are blinded don't understand why Van RE meet the same fate as US,coz Chinese are prudent and stable homeowners who won't run away from their financial obligation as those US owners. Don't use race issue as a weapon.

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What is with the fake chinese accent. Is your life so pathetic that your idea of fun is to pose as an anonymous chinese person claiming they will prop up Vancouver RE in perpetuity in an obvious attempt to incite hatred towards that race? I can't imagine how hollow your life must be to feel the need to do this everyday, are you related to johnny horton?

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C, immense Chinese purchasing power will definitely sustain Van RE perpetually though there might be occasional and minor hiccup but owning a pc of Van RE is the safest investment.Those retarded bear must be blinded and delusive.OPen your eyes,from east to west in Van every block of single-house units are mostly owned either by wealthy or middle class Chinese dwellers and they will stay there for long haul.Even the int rate were tripled in the future,they will just hold on there; also most of them are renting out to supplement their mortgage. American-type default will never happen in Van. Vancouver is a difference city.

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Thats probably in line with the general demographic of Vancouver. We just need to sell them out, to whomever! Otherwise the taxpayers get hurt.

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