Friday Free-for-all! Spring Cleaning

It’s the end of another work week and you know what that means…

It’s time for some tidying up! Site looks a little different?

And of course it’s also Friday Free-for-all time!

This is 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:

effects of the low dollar
good for boats
bulls right, bears wrong
legalize squatting
free markets

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

Sort by:   newest | oldest | most voted
space889
Member
space889

Good news for team BPOM, good old Germans, not Chinese, buy up Royal Center at 3.7% cap rate.

http://www.vancouversun.com/business/german+billionaire+vancouver+coveted+royal+centre+office/11664597/story.html?__lsa=d891-fea7

Dinnertime
Guest
Dinnertime
Ray
Member
Ray

Test

space889
Member
space889

Barbara Yaffe: B.C. strata councils in ‘critical’ funding state

Owners ‘just don’t have the money’ for proper contingency funds

http://www.vancouversun.com/opinion/columnists/barbara+yaffe+strata+councils+critical+funding+state/11663067/story.html

Reading the comments, interesting there is one RE inside who believes setting money aside periodicially for capital deprecation and replacement is stupid.

Dinnertime
Guest
Dinnertime

If they font have the money for proper contingency funds, then maybe they don’t have the money to buy. That’s like spending a bunch on a car and then not having money to insure or fuel it.

Dinnertime
Guest
Dinnertime

“Don’t ” have the money obviously. Stupid autocorrect.

space889
Member
space889

Shelley Fralic: Heads up, Metro Vancouver mayors: A revolt is brewing

That something in the air? It’s anger

Read more: http://www.vancouversun.com/business/shelley+fralic+heads+metro+vancouver+mayors+revolt+brewing/11660313/story.html#ixzz3xvRL2hTV

So people don’t want density and don’t believe we should allow 1 million new people into the region by 2040. Everything must stay the same!! It’s ruining the neighborhood!!

geez….so what do they plan to do? Build the Great Wall of GRVD? Rationing GVRD residency permits? I guess they don’t need to institute birth permits at least since the birth rate is below the 2.1 replacement rate.

Best place on meth
Member
Best place on meth

$8 cauliflower?

That’ll teach these idiots for shopping at Whole Foods.

Or maybe not.

Cob
Guest
Cob

http://www.cbc.ca/news/canada/british-columbia/falling-loonie-fueling-foreign-interest-in-vancouver-real-estate-say-industry-experts-1.3415244

Why would smart investors throw money at an asset that is in a currency currently in a devaluing slide? Zero analysis Cbc

Yunak
Member
Yunak

@3

No exactly opposite should be done. Open up the gates wide and fill BC with Chinese as much as possible, like bring 8 millions per year and in 5 years just proclaim a WRC – Western Republic of China. Wouldn’t that be wonderful and best thing ever to do given what you said that Chinese just like it here?

ROV
Guest
ROV
HK
Guest
HK
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Lower Mainland Sikh community rallies to help Syrian refugees

http://www.cbc.ca/news/canada/british-columbia/sikh-community-syrian-refugees-1.3330872

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Best place on meth
Member
Best place on meth

The link says the story doesn’t exist.

Oh…..I see what you did there

space889
Member
space889
Shut It Down Already
Guest
Shut It Down Already

Cob, why wouldn’t smart investors buy something that’s heavily discounted?

crabman
Guest
crabman

@SIDA, Smart investors do buy things that are heavily discounted. But only gamblers and foolish investors are buying Vancouver RE, since it’s ridiculously overpriced.

Shut It Down Already
Guest
Shut It Down Already

This is commercial RE, not residential.

Chabar
Member
Chabar
space889
Member
space889

@Cob – CBC is reporting what the foreigners are doing and their stated or guessd rationale for doing so. It doesn’t need to do any analysis if they are just reporting what’s is happening and that is foreigners are buying stuff on the cheap.

It is you who needs some lesson in analysis and investments.

Oracle
Guest
Oracle

It’s official, they want 1 million more people here within 20 years.

There will be 2 groups of people. The poor working class and the leisure class. The poor working class is going to have one hell of a time getting to work. Traffic gridlock.

Already, highway one is jammed just past the port Mann at 6 am. What will another 1 million people do?

Brian Ripley
Guest

re: “1 million new people into the region by 2040”

I overlay the census growth over my housing starts chart:
http://www.chpc.biz/housing-starts.html

Canadian housing starts in Canada have been trending down since the 1970’s against a continually rising census.

In BC, the housing starts have been somewhat flat for the last 15-20 years.

Obviously more affordable housing is needed.

paulb
Member

New
184
Sold
305
TI:7140

For weekly sales and/or 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 can be quite different.

http://www.paulboenisch.com

DOC
Guest
DOC

Dear Bears,

Hello from sunny Maui.

I was one od you, believing the market would go down since 2005. However, following an investment sage, i never let my opinion let in the way of making money. Thus, I bought a single fam house and put lots of sweat equity over the years. I do not regret that decision, even after the market downturn in the short lived Great Ressesion.

My advise to you, if you can hold for 5yrs, buy and all will be well – SFH preffered, but THS also acceptable.

It will not get easier, there are many people around the world that would trade places with you if they could

Dinnertime
Guest
Dinnertime
tedeastside
Member
tedeastside

why would you be in Maui when you could be in beautiful best place on earth vancouver, snow shoeing, and ice climbing in the same day

patriotz
Member

Nice format, but at this point I would say enabling graphics is not a good idea.

wwwwwww
Guest
wwwwwww

patriotz is a paid shill

DOC
Guest
DOC

@troll tedeastside

Dude Vancouver is awesome, but you know that already.

ostritch
Member
ostritch

Nice new site. Thanks.

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