Where do you go for a vacation if you live in the best city *ever*?
If you do leave will you sublet your place if you own or rent in Vancouver? And if you do want to go far afield do you have the money left over for travel after paying your mortgage or rent in raintown?
Do you prefer to visit expensive cities or cheaper more out of the way destinations?
I’m going to take the family camping in Stanley Park, we’ll hunt for geese and bathe in the lagoon!
So far this year I've had two vacations, one was a week up the coast north of Sydney and the other was two weeks back in Canada. We flew through YVR and despite being the Greatest Place on Earth (TM) it always seems so gloomy.
We'll probably spend a week up on the Gold Coast around October. It will be a great opportunity to examine the RE carnage, the area should be down substantially by then (but still overpriced).
Australians get four weeks of vacation a year so I'm grateful I save so much money as a renter.
I’m going to take the family camping in Stanley Park, we’ll hunt for geese and bathe in the lagoon!
you took the words right of my mouth….
I'm taking Auvust off and will chill on English Bay
and hang around Stanley Park…….
thus minimizing the use of fossil fuels and
exacerbating global climate change
I'm going to go to China an buy up real estate, then locals will say – " oh no, the Canadians are coming". turn about is fair play
Do you really want to purchase leasehold?
"Many of these investors will already be in substantial negative equity, but still they refuse to adjust their price expectations to the all too dire reality. So they hold on in the hope they can find the tenants to pay the mortgage and that prices will eventually recover. Denial is the order of the day. "
All my vacation dollars this year will be spent in the US of A.
Vacation? What vacation?
Who needs a vacation when you live on the best place on earth.
Who needs sunshine? That is bad for your skin.
I love rain. I love rain. I love this place.
@specialfx3000: ….All my vacation dollars this year will be spent in the US of A….
Ka-ching! 🙂
I will be doing many camping trips through out the year. I love camping, only problem is that you have to drive a long way to get away from the once a year camping clowns from the city.
@paradox: Hear, hear! That was my frist reaction too?! Who needs to go elsewhere! I mean we are already on par if not better than LA, NY, Paris, London, etc, etc. This is rated the best city in the world and millions of people spend their hard earned $$ to come here! Why wouldn't we like spend money to leave? 😛
Seriously though I can't wait to do some shopping in Portland this weekend, enjoy a real Peking Duck in Beijing in May, and enjoy the sun and white sand beach at Clearwaters and Lobster Buffet in Orlando in August. 🙂
I'm taking a holiday in Cambodia, then off to Libya, Iraq and Afghanistan.
It may not sound like much fun but it's a nice break from all these worthless cheerleaders around here.
How about Vegas? Put 10 grand down and this place is yours for $370/month. You couldn't rent a porta-pottie in Vancouver for that.
@Eddie:
That property sold for $87K in 1994, now asking $84K. How's that for appreciation?
http://www.redfin.com/NV/Las-Vegas/7740-Almeria-A…
Someone bought it at a foreclosure sale for $61,100 and is trying to flip it.
An Op-Ed piece by Cam Good. A man who is not only a greedy scumbag, but also really dumb.
I just got back from Florida 🙂
What a beautiful, beautiful place. St. Petersburg, Miami South Beach and Key West were a blast. Worm weather, inexpensive food and gas, pretty babes at SoBe, happy hour beer costs 99 cents at St. Pete beach and a bucket of Coronas (five bottles) 10 dollars… In November we are going to Hawaii… Since I was not born in Canada, I think I will apply for green card lottery. What the hell, I might get in. This "best place on Earth" is not for me.
I was so floored by that article I had to check the URL to make sure if it wasn't really a white supremacist website.
If someone had made something like that up and claimed it was written by a Chinese-Canadian they would be accused of promoted racial hatred.
Ah, our kids are of the age. We're going to Disneyland this year. Which claims to be "The Happiest Place on Earth." I suppose that makes BC the "Best" but also slightly more miserable?
This is the most obscene piece of shit ever written in the Sun. That greedy lowlife is really going to get hate mail now.
>>>If you suffer from real estate impotence, don’t blame Chinese people. Besides, getting all worked up about it will only make it worse. Have a glass of wine. Relax. Stop feeling sorry for yourself and pick up the phone to call a realtor or a mortgage broker, either of whom will be more than happy to show you how easy it can be to get your real estate groove on.<<<
I'd like to stuff Cam Good into a crate and ship him off to China. Then have a glass of wine and relax.
Westside Hag
http://www.vancouversun.com/op…..story.html
I cannot believe that this is actually journalism! This is the worst piece of blatant self-promotion piece of crap I have seenm – ever! The racist undertones (more like blatant) just blows me away. I cannot believe that some white guy wrote this (well, I can since he depends on foreign buyers)
I am positive that Cam Good's Chinese assistant wrote this piece. If not, this man should not be allowed to bred.
I really hope that the Cam Good piece is just a promotional stunt – to get more press for himself and his useless business.
As they say in the narcassistic world, no attention is bad attention.
If its not a promo piece, he really is the dumbest mofo out there..
@Eddie: Price/sqft: $68. I would "capitulate" at $68/sqft. Garth did at $59/sqft, which was apparently heresy.
@Indeed…:
I just keep wondering how come there are no “wealthy Chinese” buyers in the States who drive up the market out of reach of middle class.
Because the vast majority of people are unknowingly momentum investors as opposed to value investors. They would rather buy an overpriced asset that's increasing in price, than a great value. Some of the deals to be had in the US (especially in $CDN) are incredible!
As a lowly renter, I only spend 6 to 8 weeks a year on a vacation. I usually visit 4 – 5 countries during that time.
Every year, I like to suffer in the Mediterranean, with all the horrible sunshine, heat and culture. I like to lay down on the beach in one of the Spanish Costas and count the days until I can finally return to our delightfully rainy and chilly Vancouver – the most awesomest place in the Solar system.
@Daywalker: Oh, I believe that a white guy wrote this. He lumps all people with Chinese background into one homogenous, RE lovin' group, and then essentially dumps all the price hysteria at their door. But everyone made this happen. Hot Mainland Money (Hmm!) might be a demographic in involved, sure. But they're not buying all the real estate in TO and Van.
Of course, clucking that these price gains are good and have made us wealthy is a red flag to Canadians of all backgrounds who are less secure than a generation ago. All those Canadians in debt, without savings, struggling to make ends me, and faced with increasing costs.