¡llɐ-ɹoɟ-ǝǝɹɟ ʎɐpıɹɟ

¡puǝʞǝǝʍ ʇuǝllǝɔxǝ uɐ ǝʌɐɥ puɐ ǝɹǝɥ sǝʇopɔǝuɐ puɐ sʇɥƃnoɥʇ `sʞuıl sʍǝu ɹnoʎ ʇsod ¿ǝɹǝɥʇ ʇno ƃuıǝǝs noʎ ǝɹɐ ʇɐɥʍ os

ʎɹǝllɐƃ ɯɐɔɥsɐp ɹoʇlɐǝɹ :ɐɐǝɹʌ
ɹǝʇuǝɹ ʇɹɐɯs ʎǝuoɯ ɐ ǝq oʇ ʍoɥ
sǝıɹoʇs ɹoɹɹoɥ ɹǝuʍoǝɯoɥ ǝƃɐllıʌ ɔıdɯʎlo
ƃuıuıɐldɯoɔ ʇou sɹǝʇuǝɹ ǝƃɐllıʌ ɔıdɯʎlo
¿ɐpɐuɐɔ uı ǝɔɐld ʇsǝq ɐʍɐʇʇo
uoıʇɐlɟuı sǝɯıʇ xıs dn sǝɔıɹd ɔǝqǝnb
unɹ llnq ɯoɹɟ pǝʇɐlnsuı oɯıɐuɐu
sǝɹnsolɔǝɹoɟ ɟo poolɟ :sǝıɹoʇs ǝɹnʇɔıd

:ʇɐɥɔ ǝɥʇ ɟɟo ʞɔıʞ oʇ sǝıɹoʇs ʇuǝɔǝɹ ʍǝɟ ɐ ǝɹɐ ǝɹǝɥ ˙pɐǝɹɥʇ uoıssnɔsıp ɔıdoʇ uǝdo puɐ dn-punoɹ sʍǝu ʞǝǝʍ ǝɥʇ ɟo puǝ ɹɐlnƃǝɹ ɹno ɹoɟ ǝɯıʇ s,ʇı suɐǝɯ ʇɐɥʇ puɐ ¡ǝɹǝɥ sı puǝʞǝǝʍ ǝɥʇ

Sort by:   newest | oldest | most voted
blueskies
Guest
blueskies

the perceived upside is
completely upside down
to the actual reality……..

caveat emptor

patriotz
Member
The federal party leaders announced their housing platforms today: Stephen Harper: "In keeping with our belief in free enterprise and personal responsibility, CMHC will stop insuring new mortgages, and stop purchasing existing mortgages, immediately. The Federal government will also stop backing mortgage insurance made by private sector companies. Our government will wind down CMHC's assets and obligations within 5 years." Michael Ignatieff: "CMHC was created by a Liberal government to made housing affordable, not unaffordable. To restore this goal, we will return CMHC to the 10% down/25 year amortization requirement for mortgage insurance, and impose a price cap of 150x market rent or 3x median household income, whichever is less. Backing of private sector insurance will also be contingent on these guidelines." Jack Layton: "The NDP puts the interests of working Canadians above unearned profits. An NDP government will impose… Read more »
vreaa
Member
"No surprise. Anybody who's been following this site closely knew that this was coming." – Chief Economist, BCREA "We don't foresee this interfering with readership at all in future." – CREA spokesman "We like it. It has a fresh look. We're sure new subscribers are going to like it too." – RE Systems Marketer "Looks fine to me." – Building Inspector "A welcome relief. Now the pent-up demand of text-invert readers will be able to partake of the site, making for a more balanced readership. This is very healthy going forward." – Realtor "Here we go. The barn door has been kicked open, folks. One article like this, and all the shadow text-inverters who up to this point have played the 'upright-text-is-okay' game, are going to be coming out of the woodwork and reverting to inverting. It's going to be… Read more »
CanuckDownUnder
Member
CanuckDownUnder

Finally some writing that looks normal in Australia!

12 month median price changes to Feb 2011:

Sydney 3.5%

Melbourne 2.5%

Adelaide 0.6%

Perth -4.1%

Brisbane -5.3%

All markets will be in negative territory by early winter.

Anonymous
Guest
Anonymous

@patriotz: Happy April Fool's Day to you, Patriotz! Happy April Fool's Day to everyone of us fools!

vreaa
Member

Loonie at new high for this move, today.

103.75

No foolin'.

Dave
Member

You guys were right. It's a bubble and has been all along. Time to sell.

specialfx3000
Member
specialfx3000

@Dave: lol, good one Dave. Thanks for living up to your special day.

Dave
Member

The whole market is going to fall apart when the Bank of Canada increases rates another 1/4 point in May. If you need to get out, you better beat that deadline.

Dave
Member

I have something that I always wanted to get off my chest. Yes, I am a realtor.

just saying
Guest
just saying

you crack me up Dave 🙂

justic
Guest
justic

Lol – at least Dave has a sense of humour after all these years of bashing.

crabman
Guest

Wrong again, Dave! This market is poised for huge returns!

Smart Chinese investors know that it makes much more sense to buy a Vancouver condo that yields 2% than one in LA or SD that yields 5%. It's also the perfect time to invest in Canada now that the loonie is near all-time highs. Remember Dave – buy high, sell low!

Dave
Member

@crabman:

"Wrong again". LOL… good one.

IT__Pro
Guest
IT__Pro

Since Dave is cleary the mayor of opposite-land, I'm pretty sure he celbrates April Fool's 364 days a year and this is the only day he tells it straight.

Anonymouse
Guest
Anonymouse

The only thing that's declined since March 18th has been BPoM's posting frequency. Oh, the irony.

GP
Guest
GP

The only thing that’s declined since March 18th has been BPoM’s posting frequency. Oh, the irony.

____

Lol – so true!

Well, that is the beauty of grad school student predictions – everything is based on "should happen" scenarios. When you lack real world experience, it is very easy to explain things with theories.

Oh well, it has been nice without his constant bear cheerleading.

Troll
Guest
Troll

Just got back from Hawaii bears. Holy smoke it's scorched earth over there. There were for sale signs on every estate, house, and condo…sometimes 2 or 3 signs. The few locals left, since there are no tourists anymore who can afford to fly, constantly moan about the demise of the American empire between scavenging for food. They eagerly inquire about whether things were as bad on the mainland since they here that everything is collapsing everywhere and bond yields are going parabolic. Many considered leaving and moving to Detroit, since they heard things were better there. Even the tropical birds seemed glum. It's bad out there, and it's not the slightest bit different here or anywhere.

GP
Guest
GP

I think its time to turn BPOM approach around..

"Its been 13 days since the March 18th rules bears – tick tock tick tock"

The party still rocks!

VHB
Member
VHB

The 5-yr touched 2.80 today. link. Back where we were before Libya etc. Pressure on 5-yr mortgages to resume shortly . . .

McLovin
Guest
McLovin

The US economy is adding jobs and growing much faster than expected. Walmart is seeing "massive inflation". It will be very hard to Carney to not raise rates in May.

Troll
Guest
Troll

@VHB: Once the 5 yr gets to 3.0 then we should be expecting another bump up in rates. It could be a while yet, since it's been bouncing around this level for a few months now, thanks to EuroJapaLibya. On the other hand, we could be there next week. It's a volatile world out there.

jesse
Member

China's largest ghost city filled

Do you know what that means? I don't.

Troll
Guest
Troll

@Troll: In either case, once the 5 year breaks 3.0 the whole market is going to collapse.

Patiently Waiting
Member
Patiently Waiting

Another blow to hitech in Vancouver

http://www.vancouversun.com/Vancouver+WebTech+fif

wpDiscuz