Friday Free-for-all!
It’s Friday and that means it’s time for our regular end of the week news round up and open topic economic discussion thread! Let’s hop to it with a few recent stories to kick of the chat:
-Developers push wave of presales into slowing market
-Fairmont Residences price chops 40% – Rennie slashes again.
-10 worst first time homebuyer mistakes
-Central Bank lowers forecast, raises interest rates
-BOC rate increase to have little effect on real estate
-Once again the Irish are leaving home
-Boston luxury condos at big discount
-UK house prices to drop 20% by 2012?
-14 charts for the Chinese housing bubble
-US Home sales drop 5.1% in June
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So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!
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July 26th, 2010 at 1:34 pm
And you better hope the cops don’t come to deport realpaul.
In fact someone should campaign to have him deported, he’s too much of a drain on our resources and I pay taxes
July 26th, 2010 at 1:32 pm
Good Work Realpaul you’ve ranted against someone else but it does not explain what you are doing posting on this blog.
It’s about Vancouver Condos!
Not seniors hanging out at the food court at 9am, drinking coffee, talking about how great the Socreds were before going to the library and then Ricky’s for a late Dinner at 2:30pm, giving you enough time to get home for wheel of fortune and jeopardy starting at 7pm
Woodwards building is empty! Rents are dropping, more speculative units are entering the market as cheap rentals. L’Aria on Robson has already dropped to the $1300 for BRAND NEW, so watch for vacancies to swell in the surrounding buildings as people upgrade to better and cheaper units. Watch for a flood of units at the Mondrian, Pinnacle, Miro, Gallery, YTP, Savoy etc. etc. as anyone paying $1300 can go brand new now.
It won’t be the tenants that ruin these buildings it’ll be the amateur landlords who’ll fail to screen the tenants or turn a blind eye to bad things (like old men from Richmond coming to get the cut rate massage from a girl who he’d prefer were deported)
July 26th, 2010 at 11:56 am
Wow, Toilet cleaner, Sigmund Freud of the shithouse brigade….do you think anyone gives a fuck for you? Admitting that ‘you had some problems in Vancouver that forced you to move’ is any indication. Yapping at your betters is just making you look more like an ass. I detail contemporay topics…. you just whine. Moving out was good….thank you…we have more than too many dipshits out here. Stay gone dipshit.
July 26th, 2010 at 5:22 am
Wow Grampy, great posting there. Way to reinforce your reputation. As I said before feel free to continue to call me whatever names you like. It’s pretty clear when you don’t have a reasoned or rational response you resort to scatological references and a fair amount of homophobia. I suspect the “care” you feign for women, the elderly and children is just a screen to allow you to spew hatred while feeling self – righteous.
I find the ugliness you constantly spew from your soul fascinating. Do you come here because it’s a safe space? I can’t imagine your wife (if she’s still around and didn’t run for the hills long ago) would put up with a fraction of the behaviour you exhibit here unless she’s as horrible as you. I imagine your kids are pretty tired of hearing you rail on and on about immigrants and unions, particularly since chances are good they have a lot of immigrant friends, even (dare I say) a refugee acquaintance or two.
So why DO you have such ugliness in your soul Grampy? You seem to have money and to have done fairly well for yourself, yet clearly you have a great deal of ugliness and rage built up internally. You clearly have a need to spread that rage and ugliness far and wide. You hate so many people and groups it’s astonishing.
Part of it has to be greed. It’s pretty clear you got yours and you want to keep as much wealth as you can. In that, you are no different from the greediest flipper or realtor. Hell, I suspect you could give Rennie a run for his money. Actually your homophobic and scatological rage toward Rennie smacks of jealousy. Do you hate that he’s wealthier then you or are you just another closeted old man who missed his chance to be with another guy?
That would certainly explain a lot.
So what’s it all about Grampy? If you’ve done so well for yourself, why do you feel the need to express yourself in such an astonishingly ugly way? Do you not know any better? Is it pathological? Is it early onset Alzheimer’s? Are you angry you missed a chance to be openly gay?
I’m dying to know.
July 26th, 2010 at 5:12 am
@chip:
That’s called “fascism”. Not what most people, especially leftists, consider “left-wing”.
No it doesn’t. Left-wingers are those who advocate more equal distribution of wealth and equal rights for the dispossessed. Of course there are many different ways to try to do this, but that’s what they have in common. People who try to associate other attributes are trying to discredit them by association.
July 25th, 2010 at 11:48 pm
First off just ignore Realpaul, he does not live in Vancouver or in a condo and has nothing to say about condos. He lives in Richmond (just like that Gold guy randalbard, the yellow fever guy) and has nothing to add to any conversation. This is a fellow who hates the world and found this blog and posts. He/She has nothing to offer to the board except intolerance, narrow minded, right wing rhetoric, possibly from a lifetime of inadvertently inhaling solvents at work?
July 25th, 2010 at 8:25 pm
I visited a friend at the Polygon highrise, “Nahanni” in Port Moody earlier today.
A friend has rented a unit there for the past year at $1600.00/month. (Brand new last August).
I had to laugh when I saw an ad posted for a suite for sale on the front door of the building. The owner offered it for the measly sum of $510K “today only”. (“Discounted” by about 30K, I think).
The WHOLE Nahanni/Sahalee/Klahanie area is crawling with 20 – somethings who are bunkin’ to save $$$ (and bonkin’?) in the units that failed to sell.
“Massive” flips that flopped. Oh well.
Did I say massive?
July 25th, 2010 at 6:34 pm
@Jimmy:
Actually you would be referring to the WHTO-OF index, otherwise known as We Had The Olympics – Oh Fuck
July 25th, 2010 at 6:18 pm
@Bilbo Bloggins:
More sheep to the slaughter. I have been reading of another developer wannabe who made money in an up market but has never seen a real down market. They’re all experts til the shit hits the fan, as it’s doing now.
To quote the kid, “it will be a learning experience”. You got that right junior, a very large one.