Friday Free-for-all! December is here!

Hey!

If you’ve been keeping track of the days in the work week you know what time it is – Friday Free For All Time!

This is when we do our regular end of the week news round up and open topic discussion thread for the weekend. Here are a few recent links to kick off the chat:

–Rent Vs Buy in BC
–Rent Vs Buy south of there
–Blame Canadas Big Bubble
–Toll the border?
–Abandoned homes up for grabs?
–Realtor Hunger Index
–Sunshine Coast Stats
–London asks UK for foreign buyer tax
–

So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!

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9 years ago

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9 years ago

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9 years ago

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Son of Ponzi

9 years ago

#106
Lots of new listings here in Richmond.
Offshore investors are cashing out and old ladies are getting scared.

Son of Ponzi

9 years ago

Cancelled/Expired: 136

mac

9 years ago

Here’s a great one for this forum. There’s no bubble because no is exactly sure what a bubble is:

http://www.fool.com/investing/general/2013/12/06/bubbles.aspx

mosesupposes

9 years ago

152 New Listings in midish December? That seems high. Anyone recall what the comparable dates last year looked like?

paulb

9 years ago

New Listings 152
Price Changes 44
Sold Listings 126
TI:14199

http://www.paulboenisch.com

Son of Ponzi

9 years ago

Many “vacation homes” are coming on the market in Richmond.
Now as prices are coming down, they are deemed deprecating investments that must be sold before the poop really hits the fan.
Good riddance.

crabman

9 years ago

Bull! x 3, what planet do you live on?

Everyone I’ve been talking to lately LOVES the sunny cool weather of the last month or so. Normally, November is my least favourite month, but this past one was incredible! I wish it were like this every year.

As far as the “bears being wrong” nonsense you keep spouting, could you be more specific? Four years ago, I was a Vancouver RE bear. Was I wrong? I was much more bullish on Phoenix, so that’s where I invested. Was that wrong, too? Did you see my comparison from Thursday?

http://vancouvercondo.info/2013/12/how-much-lost-on-a-2009-condo-purchase.html#comment-218800

Someone that bought the benchmark condo in Oct 2009, made about $540. OTOH, someone who invested roughly the same amount in Phoenix instead made about $188,000. If that’s wrong, I don’t want to be right!

I_LOVE_ING

9 years ago

@emes

“The VSB has begun cracking down on this as it is illegal for a student under that age to be living and going to school without a guardian present”

It is legal for a 16 year old to live on their own and attend school. I know because I did it and I was really not that unique many students live independently at 16. As far as living alone while attending UBC as the student in the article did I’m not even sure what to say that is quite common in my experience. 18 year olds are adults from a legal perspective. If you end up getting in trouble during your first year in university that isn’t because your parents weren’t there to take care of you but because they did a bad job in the first 18 years.

emes

9 years ago

@79 usually a lurker.

The VSB has begun cracking down on this as it is illegal for a student under that age to be living and going to school without a guardian present, however I know many of these students use Uncles and other relatives a “guardians” even though they don’t even live in the same house/building.

Persians downtown do this quite regularly.

Skook

9 years ago

BMO is raising its 5-year fixed mortgage rates and will also increase variable rates.

The CBC says it is anticipation of the US Fed decision to taper back its bong-buying program. The bank says the posted rate for a five-year fixed closed mortgage will be 5.44 per cent, while the posted five-year closed variable rate will be 3.1 per cent.

http://www.cbc.ca/news/business/bmo-raises-5-year-fixed-mortgage-rates-1.2457236

Bull! Bull! Bull!

9 years ago

@vancouvercondo.info
@VMD

there is always a lull in posts during xmas. that lull would provide you a good opportunity to retire from the vancouver bear scene.

most people stop posting during the holidays. all you have to do is not start again. thus you, and this blog would simply fade away.

it seems like a dignified to end your mission. you were wrong. that’s ok. just accept it and fade away into the winter sunset. VHB has already done it. maybe your time is coming too…

ILoveCharts

9 years ago

Bull Bull Bull, I went for a great bike ride on Sunday. Sorry you were having such a miserable day.

Simon

9 years ago

Billy Bob.

Would you like your condo to be 1000 ft wide, 1000ft long or 1000ft tall?

Son of Ponzi

9 years ago

Triple Bull.
Actually, I enjoyed the sunny, dry weather.
Slap on a warm coat and it’s comfortable.
My son played soccer this Saturday. Much more pleasant than the dreary, misty normal winter days here.

Billy Bob

9 years ago

When exactly will I be able to buy a 1,000 ft condo downtown for $350K? I’ve been reading for a number of years and am getting increasingly impatient. Tell me the answers bears.

snake

9 years ago

1)B.C. investing $20 million to help mentally ill drug addicts in Vancouver However, the plan appears to be far from what Vancouver’s mayor and police chief called for two months ago

http://www.vancouversun.com/news/investing+million+help+mentally+drug+addicts+Vancouver/9191160/story.html#ixzz2n142IJyq

2)Seedy Downtown Eastside hotel gets a makeover to provide 36 rooms for homeless women (Meaning crack heads & hooker)

http://www.vancouversun.com/Seedy+Downtown+Eastside+hotel+gets+makeover+provide+rooms+homeless+women/9256825/story.html

Bull! Bull! Bull!

9 years ago

what do you think of the freezing cold weather? do you wish it would rain again?

now you know how the rest of canada feels and why everyone wants to move here.

snake

9 years ago

Housing starts fall in November: CMHC

http://globalnews.ca/news/1017975/housing-starts-fall-in-november-cmhc/

snake