Friday Free-for-all!

Another weekend looms!

Inventory is at rock bottom levels!

We have temporarily turned off comment voting!

How you all doing?

What if this weekend we talked about the only thing that matters: data

Without data the causes and solutions to the Vancouver housing bubble are subject to endless bickering that devolves into nonsense.

WITH data the causes and solutions to the Vancouver housing bubble will also be subject to endless bickering, but at least the dabate could be based on facts.

That would be progress.

Post your thoughts in the comment section below and have a very good weekend!

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StupidityCheck
Guest
StupidityCheck

Hey Ted, you’re missing some AWESOME weather!

Hey Victor Wrong, thanks for screwing up the voting, you anti-social communist loving race baiter.

And when does it become official that Vancouver is NOT one of the most livable cities?

tedeastside
Member
tedeastside

there cant be a RE downturn in Vancouver .everybody wants to go snow shoeing, kayaking and ice climbing in the best place on earth ….
what else does vancouver have to offer….oh yeah the canucks and the van art gallery

Yunak
Guest
Yunak

@44

Are you sure? We also know that our rich robbing us blind and pouring money overseas and we still like them and even do whatever it takes to help them to rob us even more.

Oracle
Guest
Oracle

We need to get word out on working class chinese blogs that their rich are robbing them blind and pouring money overseas.

Their justice will be swift.

Like banning them from ever re-entering their country.

Oracle
Guest
Oracle

http://www.telegraph.co.uk/news/uknews/12034653/Middle-class-migrants-paying-10000-to-be-smuggled-into-Britain-by-speedboat.html

Real world in action. Our fascist country won’t report stuff like this. Not will Patriotz.

HAMSTER-bait
Guest
HAMSTER-bait
Shut It Down Already
Guest
Shut It Down Already

Fine in the 70s maybe. Is that the original kitchen. And carpets? It’s all yours…

say whaaaa?
Guest
say whaaaa?

@39

Ladidah there princess. The first house is fine.

Shut It Down Already
Guest
Shut It Down Already

Thanks HAMster. That first one is not at all liveable IMHO, it’s a total dump (and basically in Burnaby) that needs to be torn down. The second has no photos, which is always a bad sign.

franko
Member
franko

Ulsterma -#34

I just found the revelation interesting after all the hype suggesting stuff like the chosen 25,000 would feel like winning the lottery if they were selected.
The fear and reluctance of being uprooted and leaving everything behind is not only understandable, but somewhat encouraging that there might be some decent people left to pick up the pieces when the turmoil is over. If food, shelter, and safety closer to home is more effective and could be provided at the same cost as evacuation, it should not be rejected because of an election promise.

HAMster
Guest
HAMster

and another one $2050/month 3 bedrooms:

http://vancouver.craigslist.ca/van/apa/5346829051.html

There are so many I can’t look at them all…

HAMster
Guest
HAMster

#35 SIDA
Doing a search, here’s first one I see $1900/month 3 bedrooms.

http://vancouver.craigslist.ca/van/apa/5346821892.html

You said there are none?

Shut It Down Already
Guest
Shut It Down Already

HAMster, how can I provide a link to something that doesn’t exist? I don’t care what you pay.

Ulsterman
Member

Franko: According to the Globe & Mail, 94% of Syrian refugees contacted in UN camps were not too keen on coming to Canada. Hope we don’t have to kidnap them just to keep an election promise.

Maybe they saw the cost of housing and panicked? I’m only half joking. If you are already totally uprooting your entire family and life, leaving behind everything you’ve worked hard for, would you then wish to move to a place where housing is known to offer the average gainfully-employed person little quality of life? Why not move to a mid-west US city where a house can be had for 2×3 times local incomes. I don’t really think refugees give s shit about skiing in the morning and golfing in the afternoon, or whatever it is normal Vancouverites do all day long between visits to Starbucks.

HAMster
Guest
HAMster

#31 SIDA
Why do I need to do your work for you?
FYI: I rent a four bedroom house that’s very nice, with a view of the north shore mountains for $2K/month.

UBC in crisis mode
Guest
UBC in crisis mode

This new UBC project (4 connected high towers) will provide 600 space for student campus living:

http://planning.ubc.ca/vancouver/projects-consultations/application/academic-lands/gage-south-student-residence-and-diesel-bus-transit-exchange

Shut It Down Already
Guest
Shut It Down Already

HAMster, obviously I’ve looked on Craigslist. Provide one whole house for $2800 example that’s liveable rather than a total craphole.

HAMster
Guest
HAMster

#25 pricedoutfornow:
Typical of speculators who have no clue about rental rates. They think they can get whatever rent they want to cover their mortgage. They are ignorant and deluded. They also have no clue about BC tenancy laws.

#26 SIDA:
Look on Craigslist.

franko
Member
franko

Leave it to Patriotz to keep on relentlessly slinging his biased shit at special moments that have no place for petty politics.

patriotz
Member

Bill Bennett, former B.C. premier, dies at 83
Leave it to Christy Clark to say something ridiculous:

“People looked at him and knew he wasn’t part of the 1 per cent. He was a guy who was going to go to bat for the little guy.”

southseacompany
Member
southseacompany

From the UK:
“Bank Rate won’t rise until 2017 – but mortgage rates are rising now”, The Telegraph

http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/12032992/Bank-Rate-wont-rise-until-2017-but-mortgage-rates-are-rising-now.html

“The cost of mortgages is determined by a number of factors, but the price banks have to pay each other for the money they lend to households is one of the biggest determinants.’

“And even though Bank Rate now looks likely not to budge before 2017, the cost of that inter-bank lending is going up.”

“This is already feeding through into the withdrawal of ultra-cheap mortgages. And the trend will accelerate.”

Shut It Down Already
Guest
Shut It Down Already

pricedoutfornow, would love to see some links to liveable whole houses for $2800/month. That barely gets you a decent 2 bed condo these days.

pricedoutfornow
Guest
pricedoutfornow
Rental market looks weird. Couple houses in my hood have been sold, bought, now on the market for about $5k. Comparatively, our house rent is $2k. $5k for a rental in East Van seems a bit excessive to me (considering what we pay). Also it seems you can get a pretty decent house in the west for this price, so why would someone pay the same amount for a house in the East (and both the houses I’ve seen for rent are 20 plus years old). My best guess is that these houses have been bought by “investors” (fools), who have been duped into believing these houses can be rented for $5k per month (haha), and given that they both went for over $ 1 million (obviously), it looks like a decent investment-so they can hold and flip in a… Read more »
Hçistory
Guest
Hçistory

HK is very sensitive to Fed hop scotch.. but the global EM (emerging market) wants to dance to jazz..

… unfortunately for transplants, Canada is more like France in the 1930s

http://www.marctomarket.com/2015/12/emerging-markets-what-has-changed.html

paulb
Member

New
97
Sold
136
TI:8539

For weekly sales & new listings info on a specific neighbourhood/city of your interest, email me and I will customize a weekly update for you. The daily sales numbers only mean so much. Each neighbourhod and market segment/price range can be quite different.

Cheers!

http://www.paulboenisch.com