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Guest
Group Masterbator #43
3 years 1 month ago

US Fed creates inflation. Hard assets increases, and paper money worth less. Real estate is the king of all hard assets.

http://www.youtube.com/watch?v=RrwbgdtbdXE

Guest
HAM Solo
3 years 1 month ago

On one hand, I find it a little frustrating that the site seems to be attracting a lot of online “thugs” who are side-tracking the conversation on this board onto personal attacks etc.

However, on the other hand, it just is clear evidence that the bears are finally winning. As the Mahatma said:

First they ignore you,

Then they laugh at you,

Then they fight you,

Then you win

patriotz
Member
3 years 1 month ago

Surprise, surprise, surprise!

Chinese miners asked to pay for Canadian jobs

The BC and Federal governments are enabling this. Indentured labour is exploited labour.

Guest
Anonymous
3 years 1 month ago

Something has been wrong with this site for days and it is not getting bored. At best, the site is extremely slow. Often, the site does not load at all. I get a page that says “Internal Server Error”. Sometimes I can’t load the site at all, sometimes I can load the homepage but I can’t get the comments. I tried to load it this morning about 5 times before I was able to successfully load it and post this comment. The first five times, I got “Internal Server Error”. Same thing last night and the night before. I haven’t… Read more »

Guest
Anonymous
3 years 1 month ago

@patriotz: “The BC and Federal governments are enabling this. Indentured labour is exploited labour.”

Yes, its unreasonable that Canadians should expect to have first crack at Canadian jobs.

Guest
No Noise
3 years 1 month ago

@#4 Anonymous

Agreed, this has been going on intermittently for the past few weeks. Personally, I dont mind more ads on the site if it provides the necessary revenue to beef up the sites performance/security.

Guest
Mick Murphy
3 years 1 month ago

Foreign Consulates in china hold charity sale for disabled children in Chinese province. Receive counterfeit money for their trouble.

http://shanghaiist.com/2012/12/11/foreign_consulates_disappointed_at.php

Guest
Bull! Bull! Bull!
3 years 1 month ago

@Anonymous:

You should ask vancouvercondo.info for a refund.

Guest
Many Franks
3 years 1 month ago

Mark Carney continues to talk about raising rates to curb household borrowing. I’m a little surprised he’s continuing to bang this particular gong — I don’t think he’s got the leeway to raise rates, and I don’t believe he thinks continued threats from him of higher rates will actually change consumer behavior.

Guest
Many Franks
3 years 1 month ago

@Many Franks: Heh, and here we have the answer: “Carney says warnings about rates may have driven homeowners to lock in mortgages.” I guess he views sustained bellowing as a viable strategy.

Guest
Anonymous
3 years 1 month ago

“bears are finally winning”
winning what? here we are, at the end of 2012, and stupid bears still are waiting for their chance to own a piece of land in the best place on earth that they think they are entitled to…since 2004. hahaha, dream on bears. i bet, you are all hiding under your smelly beds waiting for 21 dec 2012 at 11:02AM. Silly bears!

Guest
Bear! Bear! Bear!
3 years 1 month ago

the US Fed is certainly creating another bubble in the USA. And we all know what happens to bubbles! Pop!

I know I’m not going to be buying an investment property in the USA. No siree! It’s a bubble. It’s a super dooper bad idea to buy there. I’m a bear after all.

And don’t tell me about missing the bottom. I’m way to smart for that.

Guest
Anonymous
3 years 1 month ago

Well clearly some people are unhappy with the opinions and information here.

Guest
Landbaron
3 years 1 month ago

@Anonymous: I suggest you read previous postings. I’m a bear and have never lived under a bed, I’ve had sex under one, but never slept. I sold a place in PM a year and a half ago. I admit I was speculating when I first bought it and enjoyed a nice run up in price. Had the market turned in 2008 (and not been propped up by cheap money) I would have lost my shirt. I got lucky and realized it, so I sold as soon as I reasonably could. Once again I got lucky as prices rebounded and I… Read more »

Guest
Reality Bull!
3 years 1 month ago

vancouvercondo.info calls US real estate a bubble. That’s a sure sign to buy property in the USA today and sell it for a handsome profit in 7 years.

Guest
HAM Solo
3 years 1 month ago

I doubt we are getting hacked. I suspect the problem is more technical in nature, or related to broader internet troubles.

However, it would be great to hear from the administrator whether they have looked into the problems at all and what has been done about it.

Guest
Slightly Bullish
3 years 1 month ago

@HAM Solo:

Thanks for your baseless speculation HAM Solo. It’s always good to hear people’s uniformed opinions regarding matters they have no information on, especially on this blog.

Maybe VHB can make some attractive but completely useless graphs showing up time, latency, etc.

Guest
3 years 1 month ago

Apologies to the bears, bulls and especially the very sensitive trolls. We seem to have a few problems that we are trying to take care of. Popularity of the site is up which means more visitors and at the same time someone from Belarus seems to have taken a great interest in vancouver real estate. We’ve blocked some IPs and shut down Vancouver Peak for the time being. Hopefully VCI will have better responsiveness now and time permitting we’ll be doing further improvements to the efficiency of the site. Vague enough for you? Thanks all for your patience.

Guest
Skyfall
3 years 1 month ago

Wow – trolls re-routing their attacks through Belarus IP addresses….

It seems this site has caught the attention of a few Skyfall wannabes…

Guest
C.Junta
3 years 1 month ago

OT A bit of reassuring news in G&M today: “Boom in public servants under Harper about to end, watchdog says” http://bit.ly/UzJ1jP “The number of “full-time equivalent” positions in the federal public service is projected to drop from 380,000 in 2010-11 to 349,000 in 2014-15 at the end of the government’s current cost-cutting plans. Even that level will still be slightly higher than the historical average of 336,400 full time public servants over the period from 1990-91 to 2011-12.” “Looking south of the border, the PBO report found that the average U.S. federal public servant receives $110,400 (Canadian) in total compensation,… Read more »

Guest
Aleksey
3 years 1 month ago

@admin:

Belarus? Oh, those Russian hackers!
Well, I’ll just throw it out there…
Is there even remote possibility that someone interested in high RE prices hired hackers to shut down VCI?
I know, conspiracy theories suck big time, but that’s a first thought came to my mind.

Guest
Homer Klaidel
3 years 1 month ago

How is that a conspiracy theory? A lot of people have done a lot worse for a lot less.

Guest
Landbaron
3 years 1 month ago

@Aleksey:

I’ve noticed way more bulls lately on this site (not a problem) but have also noticed trolls springing up like crazy. I’m guessing rogue realtors with too much time on their hands?

Member
Patiently Waiting
3 years 1 month ago

@Aleksey: I suspect its someone interested in the level of sales activity rather than just prices. Prices haven’t fallen that much so just about any worried homoaner should probably be able to still get out in one piece, especially if they have deep pockets. If they don’t have deep pockets, they got more pressing problems than this blog.

This could be an action of some rogue part of the real estate industry. Some wealthy, sleazy people own real estate agencies and home lending businesses.

patriotz
Member
3 years 1 month ago

@C.Junta: In the past reductions in federal public service staff have usually been matched pretty closely by increases in consultants – often the same people who were let go. We will see whether the walk matches the talk this time. Note that the “federal public service” does not include the military, RCMP, or Crown Corporations. The Feds recently purchased the old Nortel complex in Ottawa for DND. Assuming that the feds really do plan to cut the payroll (including consultants), it makes the recent disproportional runup in RE prices in Ottawa even more illogical. It’s the areas that are closer… Read more »

Guest
RaggedyRenter
3 years 1 month ago

Probably it’s just some spammer trying to post comments or possibly steal logins/e-mail address. No Hot Belarussian Money here

Dave
Member
3 years 1 month ago

Let’s rack this one up to Karma. When you vote down legit debate, you just might get voted down yourself.

Guest
Anonymous
3 years 1 month ago

@RaggedyRenter: “Probably it’s just some spammer trying to post comments or possibly steal logins/e-mail address. No Hot Belarussian Money here”

Come on, it’s the West Coast, everybody want to hack here. ‘Blogs’, they’re not making any more of them.

Guest
oneangryslav2
3 years 1 month ago

@admin: Belarus, you say?!? Maybe Lukashenko is looking to store some capital in the safe haven of Vancouver real estate.

Guest
HFHC
3 years 1 month ago

This site is not working for me either

Guest
paulb.
3 years 1 month ago

Couldn’t access the site earlier…

New Listings 84
Price Changes 44
Sold Listings 60
TI:15505

http://www.paulboenisch.com

Guest
BRITTANNY
3 years 1 month ago

Having a hard time accessing this site as well. I am not a conspiracy theorist but it makes yo wonder, don’t it…………….

Member
VHB
3 years 1 month ago

Total days 19
Days elapsed so far 7
Weekends / holidays 4
Days missing 0
Days remaining 12
7 Calendar Day Moving Average: Sales 66
7 Calendar Day Moving Average: Listings 82
SALES
Sales so far 489
Projection for rest of month (using 7day MA) 797
Projected month end total 1286
NEW LISTINGS
Listings so far 670
Projection for rest of month (using 7day MA) 979
Projected month end total 1649
Sell-list so far 73.0%
Projected month-end sell-list 78.0%
MONTHS OF INVENTORY
Inventory as of December 11, 2012 15505
Current MoI at this sales pace 12.06

Guest
Sidelines
3 years 1 month ago

The thumbs up/down aren’t working for me… Could it be Belarus? Cue the spooky music!

jesse
Member
3 years 1 month ago

From my records, 2011 saw 1658 reported sales (82.9/day), the first 10 days of December had 898 “paulb” sales for average daily sales of 89.8 (1.083 above monthly reported average). 2010 was 1899 (90.4) with 100 (1.106). Projecting 10 days gets us to about 687 or 68.7/day, using the blended ratio (1.094) would put us at 62.79/day or 1193 sales for December. December 2012 is a shorter month than normal — only 19 business days assuming Boxing Day is a statutory — which is why sales will appear weaker. The wheels are not falling off this market, but it looks… Read more »

midnite toker
Member
midnite toker
3 years 1 month ago

Phew. It’s back, that made for a boring bus ride earlier. I’ll try to click on more ads to help u out brother.

patriotz
Member
3 years 1 month ago

http://www.nytimes.com/2012/12/09/realestate/in-miami-using-the-south-american-playbook.html?hp&_r=0

So Miami developers have taken a page from the South American playbook — a handy strategy, given how many willing buyers are flocking to Miami from that continent. Developers of several condos downtown and at the beach are requiring initial deposits of 40 percent or more, and more as they get closer to completion. By the time the building is finished, buyers are forking over as much as 80 percent of the total price of their apartments.

Because the banks aren’t willing to hold the bag during construction any more. Coming soon north of the border?

patriotz
Member
3 years 1 month ago

http://seattlebubble.com/blog/2012/12/11/non-distressed-median-up-less-than-5-from-2011/

As of November, the non-distressed median price for King County single family home sales sits at $430,000, up 4.9% from a year earlier. November matched this year’s high point from June.

King County is the core area of metro Seattle, including Seattle city and Bellevue. It excludes Pierce County (including Tacoma) to the south and Snohomish County (including Everett) to the north, both of which are cheaper.

Guest
Many Franks
3 years 1 month ago

More on Carney’s recent divergent messages on interest rates — “be careful, we might need to raise rates” on one hand, “we need to firmly commit to continued low rates” on the other — courtesy of a derisive Mish.

wpDiscuz