Open Topic

Friday Free-for-all! December 9th, 2016

212
212 Comments

It’s another work week wrapping up and that means it’s time for another Friday Free-for all!

This is our regular end of the week news round up and open topic discussion thread for the weekend, here are a few recent link to kick off the chat:

–Negative game changers in real estate
–Vancouver a victim of its own success
–Better off in Cape Breton?
–Fed set to raise rates again
–Average house price down 15% or more
–West van detached falling $6300 per day
–BCREA: Expect $1730 /week losses in 2017
–

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
Hyper-mega-Bull
Member
Hyper-mega-Bull
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

CREAM

More than half of B.C.’s most expensive homes owned by secret shell companies spurring money laundering fears

http://www.canada.com/business/real-estate/hidden+ownership+homes+prevalent+report+says+raising/12502054/story.html

You Must Be Logged In To Vote90You Must Be Logged In To Vote
1 year 5 months ago
YVR
Guest
YVR
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

How many of these 50 high end houses were bought or sold after the foreign buyers tax? My guess is none. What does that tell you about future prices of these high end properties? The market can only go no bid for so long and prices collapse.

You Must Be Logged In To Vote100You Must Be Logged In To Vote
1 year 5 months ago
StrataHacker
Guest
StrataHacker
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

As I said regarding the blow off top in the spring, china = dumb money. Their “investments” will go down the toilet all over the world. Just like Nexen.

You Must Be Logged In To Vote160You Must Be Logged In To Vote
1 year 5 months ago
Newcomer
Member
Newcomer
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

I’ve got to agree. I don’t like to paint a whole country with one brush, but in this case the whole country has literally no investment experience.

You Must Be Logged In To Vote120You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

the real dumbos are the naive fools who hopped onto the coattails of a bunch crooks throwing around monopoly money. in a way i get why they buy lambo’s and other fancy toys without hesitation as paper money stuffed in a mattress essentially serves no purpose.

You Must Be Logged In To Vote110You Must Be Logged In To Vote
1 year 5 months ago
50 cents
Guest
50 cents
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Another bitter loser Bullwhip yourself

You Must Be Logged In To Vote00You Must Be Logged In To Vote
1 year 5 months ago
StrataHacker
Guest
StrataHacker
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Hyper Mega Bull = Nazi collaborater on the eve of D Day.

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
Hyper-mega-Bull
Member
Hyper-mega-Bull
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

In your analogy who represents the invading allied forces?

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
50 cents
Guest
50 cents
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Cream – which is coming out of your butt as your comments are a reflection of the words of a bitter losa …

You Must Be Logged In To Vote00You Must Be Logged In To Vote
1 year 5 months ago
space889
Member
space889
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Realtor’s monopoly are powers granted by the province. In fact, one of the big scandals reported this year was the use of unlicensed deal finders who go around on behalf of buyers / agents to find people to sell their house quick and ideally for under market value (which we know by definition is impossible, right Patriotz?). The province then passed a law that anyone who acts on behalf of a buyer / anyone to search for home to purchase must be a licensed realtor. So if you want to blame the monopoly of realtors, blame it on the province who deemed it in public interest that only licensed realtor can help others in RE transactions. You can off course do everything on your own.

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
patriotz
Member
patriotz
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

“Realtor’s monopoly are powers granted by the province. ”

You don’t understand the difference between a REALTOR® (note official spelling) and a real estate agent. A real estate agent is someone who holds a license from the BC government to act as a buying or selling agent for the public. A REALTOR® is someone who belongs to the monopolistic business association known as the REBGV or its counterparts elsewhere.

You Must Be Logged In To Vote90You Must Be Logged In To Vote
1 year 5 months ago
space889
Member
space889
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Let’s see how successful you can be if you are a RE agent but not a REALTOR.

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
space889
Member
space889
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.
@Bear Van – Yes, Chinese gov’t have huge sway and often dictatorial power over huge swath of economy. That I believe gives an advantage over the Canadian gov’t when it comes to implement certain controls / needs in time of crisis. However, believing that is an advantage is not the same as saying I agree with it or it is better. As well, there are still many companies that are basically state owned / crown corps in China, especially in what are considered vital industries. It is mostly those companies / industries that are affected. In many other sectors of the economy, there are far few regulations / rules than here, and gov’t tend to keep interference to a minimal. Thus, there is a saying that China is a more capitalistic economy than US. In some ways that is true.… Read more »
You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
Buynow or Getlaidnever
Guest
Buynow or Getlaidnever
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Remember when the RCMP and CSIS accused the Chinese government of purchasing real estate in Canadian urban centers as a method of threatening Canada? No? That’s because the recommendations from a former classified program called Sidewinder was abandoned. All documents were ordered destroyed, and buried in 1997 by the Liberal government. Turns out we were as anxious to build ties with China then as we are now. Despite our national spy services advising the government that, well…this would happen to real estate.

https://betterdwelling.com/csis-warns-of-chinese-influence-on-canadian-real-estate-20-years-ago/

You Must Be Logged In To Vote170You Must Be Logged In To Vote
1 year 5 months ago
Yunak
Member
Yunak
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Brutal, very painful to read. It is the same as ISIS but different implementation. Canadians must wake up!

You Must Be Logged In To Vote90You Must Be Logged In To Vote
1 year 5 months ago
space889
Member
space889
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Oh no…big scary China is coming and they are going to destroy your way of life!!! They will implement revoluntionary communist policies and everyone must know Mao’s little red book by heart!

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
BubbleTea
Guest
BubbleTea
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Trusts and shell companies can be used in BC, the report states, to avoid property transfer taxes.

Enough is Enough JT, Krusty and Moonbean!!!!

You Must Be Logged In To Vote130You Must Be Logged In To Vote
1 year 5 months ago
YVR
Guest
YVR
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

You would have to pay capital gains and corperate income tax on any gain which would work out to more in taxes. Unless prices are falling. But then nobody buys with that expectation. That is why these proprties are not selling.

You Must Be Logged In To Vote60You Must Be Logged In To Vote
1 year 5 months ago
patriotz
Member
patriotz
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

“Moonbean”

BC cities have no power over property transfer taxes or income taxes. Also they aren’t involved when properties or their shell companies are sold in the first place, that function is handled by provincial agencies.

You Must Be Logged In To Vote70You Must Be Logged In To Vote
1 year 5 months ago
Brian Ripley
Guest
Brian Ripley
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

My Monthly Absorption rate chart suggests that crazy is still evident in Canada
http://www.chpc.biz/mar-moi.html
Really nuts in Toronto, not so much in Vancouver

You Must Be Logged In To Vote80You Must Be Logged In To Vote
1 year 5 months ago
oh la la
Guest
oh la la
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Some interesting charts you have there Brian. Thanks.

You Must Be Logged In To Vote10You Must Be Logged In To Vote
1 year 5 months ago
Oracle
Guest
Oracle
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

US 10 yr bond yields at 2.47%. Up from 1.8% prior to the Clinton era.

Hopefully it can break the 3% mark and resultant mortgage rates toast real estate outside HAM areas.

You Must Be Logged In To Vote10You Must Be Logged In To Vote
1 year 5 months ago
Whistler or Bust?
Guest
Whistler or Bust?
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Hey Oracle perhaps you didn’t see this from the article about prices being down 15% –

In analyzing sales data available to realtors, he says South and North Surrey appear to be the “hardest hit” by the price reductions, but that Langley is starting to be affected as well with the average sell price down 19 per cent in November compared to June.

I thought you said, Surrey SFH was unmoved?

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
No Money Down
Member
No Money Down
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Uh-oh. Vancouver Detached median house price breaks down below $1.85 M support.
Failed retest is a bearish signal. ;P

https://i.imgsafe.org/b3baa23b63.png

You Must Be Logged In To Vote100You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

still early in the game. homes are still selling above 2014/15 levels. initial reality check when ave det prices break $1.4M for good and blood starts flowing in a big way if we go under $1.2M where a high % of buyers would be underwater. naturally the troubles would only be magnified when it comes to TH’s and condos

You Must Be Logged In To Vote110You Must Be Logged In To Vote
1 year 5 months ago
Shut It Down Already
Guest
Shut It Down Already
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

People buying $1.5m houses aren’t FTBs. They have larger down payments (from a previous sale) and won’t be underwater with a 10-15% drop.

You Must Be Logged In To Vote90You Must Be Logged In To Vote
1 year 5 months ago
Bag it and tag it
Member
Bag it and tag it
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Yes and I’m sure they’ll be thrilled to find out their net worth chopped in half in six months.

You Must Be Logged In To Vote90You Must Be Logged In To Vote
1 year 5 months ago
Shut It Down Already
Guest
Shut It Down Already
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Most people don’t have any idea what their net worth is.

You Must Be Logged In To Vote70You Must Be Logged In To Vote
1 year 5 months ago
Newcomer
Member
Newcomer
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

To be fair, it’s very hard to have a good accounting of net worth when you have most of it in a single highly volatile asset.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

true. they either think they are millionaires because they have the keys to an expensive property or they dont bother to check because they already deep down they are essentially broke

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
CanNeverThinkOfAGoodName
Member
CanNeverThinkOfAGoodName
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

why wouldn’t they? Is it such a hard thing to figure out?

You Must Be Logged In To Vote00You Must Be Logged In To Vote
1 year 5 months ago
space889
Member
space889
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Wow, 50% drop in 6 months, must be your daily wet dream?

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

true enough but as they moved up they also took on more debt to the tune of $750k or more. a typical owner in the $1-1.5M range could easily see 30,40,50%+ of their equity wiped out if prices fall by several hundred thousand.

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
Shut It Down Already
Guest
Shut It Down Already
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

30% loss of equity is neither underwater nor “blood”. It’s severe tutting at worst.

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

if an owner tapped that equity and bought additional RE with little money down in the last few yrs then the equation changes. no question that just a 200-400k drop in prices alone would be a heavy body blow to many. if ave prices drop from the $1.8M to under $1.4M and remain there for prolonged period (or even lower to $1.2M) then financial plans for 1000’s are likely changed forever

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
space889
Member
space889
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

really? Cuz $750K mortgage would great at least $150K income as well. So unless their income is also growing a lot, they can’t take on more debt automatically just cuz they are moving up.

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
Oracle
Guest
Oracle
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

No offence but you can’t compare housing to stock technical analysis.

There are no algorithms and computers in housing that say sell after a certain price is reached., not is it liquid.

Good work but misses the point.

You Must Be Logged In To Vote60You Must Be Logged In To Vote
1 year 5 months ago
Confucius
Guest
Confucius
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

You do realize that technical analysis started before computers were even invented.

You Must Be Logged In To Vote50You Must Be Logged In To Vote
1 year 5 months ago
Shut It Down Already
Guest
Shut It Down Already
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

… and it’s total garbage, to boot. The only reason it appears to work is because there are enough participants playing the same patterns.

Look at any chart and see how many failed “head and shoulders” patterns that didn’t quite emerge. They’re there on just about every scale – days, weeks, months, years. It’s nonsense on stilts.

You Must Be Logged In To Vote90You Must Be Logged In To Vote
1 year 5 months ago
history
Guest
history
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

http://www1.centadata.com/cci/cci_e.htm

HK RE, updated as of Dec 9. A few good charts, but no TA

You Must Be Logged In To Vote00You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

MP’s law firm sued in case involving allegations of Chinese underground banks and missing millions
http://vancouversun.com/news/local-news/mps-law-firm-sued-in-case-involving-allegations-of-chinese-underground-banks-and-missing-millions

You Must Be Logged In To Vote90You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Secret ownership rampant in Vancouver real estate
http://www.news1130.com/2016/12/09/secret-ownership-rampant-vancouver-real-estate/

You Must Be Logged In To Vote100You Must Be Logged In To Vote
1 year 5 months ago
Oracle
Guest
Oracle
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Mostly Drug dealers and Chinese nationals.

You Must Be Logged In To Vote90You Must Be Logged In To Vote
1 year 5 months ago
Madashell
Guest
Madashell
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

You mean Communist Chinese Party officials and corruption fugitives.

You Must Be Logged In To Vote120You Must Be Logged In To Vote
1 year 5 months ago
Bag it and tag it
Member
Bag it and tag it
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Thanks Doug!
http://vancouversun.com/news/staff-blogs/why-is-cmhc-boss-trumpeting-dubious-foreign-buyer-stats

You Must Be Logged In To Vote70You Must Be Logged In To Vote
1 year 5 months ago
Oracle
Guest
Oracle
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

This is a fluff piece to minions so they can blame the federal gov for inaction by the Provincial liberals all these years.

They hope the minions reading this willtake the bait and elect Christy again.

Mission accomplished.

You Must Be Logged In To Vote60You Must Be Logged In To Vote
1 year 5 months ago
ostritch
Member
ostritch
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

12-20 weeks until we get a real taste of the market eh boys? that’s a damned long time.

You Must Be Logged In To Vote70You Must Be Logged In To Vote
1 year 5 months ago
Boombust
Guest
Boombust
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Sure. Why not? It’ll be interesting.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
1 year 5 months ago
West Coast Woman
Guest
West Coast Woman
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Obviously there are still some people out there with more money than brains. This crappy shack just had a sold sticker slapped on the sign:

https://www.realtor.ca/Residential/Single-Family/17436071/2275-MCMULLEN-AVENUE-Vancouver-British-Columbia-V6L2E2

Can’t understand why anyone would pay anywhere near that much for a house built in a swamp out of composites, plastics and laminates, and with foam window frames and pillars!

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
Boombust
Guest
Boombust
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Ooooooh! The RE pumpers will be happy; it’ll drag up the “average”.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
1 year 5 months ago
Bear Vancouverite
Member
Bear Vancouverite
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Uhh… while I agree it’s far overpriced, for us mere mortals and middle class wage earners, could you refrain from calling a 6000sq ft brand new build mansion covered in solid limestone a “crappy shack”?

You Must Be Logged In To Vote100You Must Be Logged In To Vote
1 year 5 months ago
West Coast Woman
Guest
West Coast Woman
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.
It may be a new build, but it’s hardly a “mansion”. It’s not 6000 square feet, but instead 4300 square feet – 1600 sq ft of which is underground surrounded by a swamp. The water problem was so bad that the builder was pumping water out of the basement for 1 1/2 years. That leaves 2700 sq ft above ground. It’s not covered in “solid limestone”. The window frames, pillars and most of the tiles are made of molded foam covered in a thin layer of cement. The floors are engineered hardwood. It may be fancy looking, but most of it is fake, and will require a substantial amount of costly maintenance. And I call it a crappy shack because it is not a home built for the average family in what was formerly an affordable family area, but rather… Read more »
You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
paulb
Member
paulb
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

New
61
Price Change
22
Sold
107

TI:8382

http://www.paulboenisch.com

You Must Be Logged In To Vote220You Must Be Logged In To Vote
1 year 5 months ago
Sellnoworbepricedin4evah
Guest
Sellnoworbepricedin4evah
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Toronto Airbnb. Bye bye.

http://business.financialpost.com/legal-post/ontario-court-ruling-says-condo-buildings-can-ban-sharing-services-such-as-airbnb

You Must Be Logged In To Vote100You Must Be Logged In To Vote
1 year 5 months ago
Bear Vancouverite
Member
Bear Vancouverite
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.
The Dark Side of the Housing Boom. This is a very long article, I hope you read the entirety to avoid missing some of the key information. http://www.theglobeandmail.com/globe-investor/personal-finance/genymoney/mortgage-overload-canadian-housing-finance/article33279552/ “households on average have a respectable 39.5 per cent of their take home pay left after accounting for major expenses. Buried in this average number are both homeowners in great shape and the house poor. Almost 7 per cent of homeowners with a mortgage were in extreme stress and 10 per cent were on the threshold.” The above is from a tool that the globe posted and which collected data from 1318 homeowners. Based on the above it doesn’t sound to me like the majority of owners are struggling, however, the common wisdom (as repeated by the article) is that having debt equal to 3.5 times your gross income is being “heavily… Read more »
You Must Be Logged In To Vote130You Must Be Logged In To Vote
1 year 5 months ago
Newcomer
Member
Newcomer
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Good article.

Still, we are doing pretty good if we write about the poverty-stricken 30-year-old who is reduced to driving a ten-year-old car and giving less lavish gifts, and the family of four with one breadwinner who can only go to restaurants infrequently. It’s probably the lack of actual hardship that makes people confident enough to commit half their income to debt repayment.

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
Boombust
Guest
Boombust
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

As “they” say, it is the people at the margins who set things in motion.

You Must Be Logged In To Vote20You Must Be Logged In To Vote
1 year 5 months ago
YVR
Guest
YVR
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Most people will do fine until they must sell. Job transfer, divorce, job loss, etc. Plus all the people that bought 500 sq ft condos who want to move up when they get married and or to have kids will be stuck. As prices go lower more and more move into negative equity.

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
southseacompany
Member
southseacompany
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

“Vancouver Real Estate Declines On Almost Every Measure In November”, Better Dwelling

https://betterdwelling.com/city/vancouver/vancouver-real-estate-declines-almost-every-measure/

“Vancouver real estate definitely isn’t ending 2016 the way it started. The latest report from the Real Estate Board of Greater Vancouver (REBGV) didn’t even try to sugar coat it. The newest stats from REBGV show lower prices, lower sales, and a significantly lower absorption rate from last year.”

You Must Be Logged In To Vote120You Must Be Logged In To Vote
1 year 5 months ago
southseacompany
Member
southseacompany
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

“WSJ Survey: Economists See Fed Moving Faster on Rate Increases”, Wall Street Journal

http://www.wsj.com/articles/wsj-survey-economists-see-fed-moving-faster-on-rate-increases-1481209201

“Four quarter-percentage-point rate increases are expected between now and the end of 2017”

You Must Be Logged In To Vote90You Must Be Logged In To Vote
1 year 5 months ago
Newcomer
Member
Newcomer
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

So a five fold increase over the current rate.

You Must Be Logged In To Vote20You Must Be Logged In To Vote
1 year 5 months ago
Newcomer
Member
Newcomer
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Did we have this already?

http://wolfstreet.com/2016/12/02/vancouver-house-price-bubble-collapses-sales-crash-for-sale-signs/
Comments are interesting.

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
history
Guest
history
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

yep, try and keep up.

You Must Be Logged In To Vote20You Must Be Logged In To Vote
1 year 5 months ago
MarKoz
Member
MarKoz
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

All those “Niko” signs make me think most of those properties are part of a land assembly, not just some of them. I want to believe but…

You Must Be Logged In To Vote00You Must Be Logged In To Vote
1 year 5 months ago
No Money Down
Member
No Money Down
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

It is a land assembly

You Must Be Logged In To Vote00You Must Be Logged In To Vote
1 year 5 months ago
Newcomer
Member
Newcomer
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Yes, it says in the article that it’s a land assembly.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
1 year 5 months ago
cosmo
Guest
cosmo
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

EXCLUSIVE: Proof that Communist China is infiltrating Vancouver

http://www.therebel.media/exclusive_proof_that_communist_china_is_infiltrating_vancouver

You Must Be Logged In To Vote70You Must Be Logged In To Vote
1 year 5 months ago
patriotz
Member
patriotz
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Goldman executive Gary Cohn tapped for White House economic post… the third Goldman alumni picked for a spot in Trump administration
Meet the new Republican, same as the old Republican.

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
history
Guest
history
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

you’re deluded if you think your seeing “republicans”

You Must Be Logged In To Vote20You Must Be Logged In To Vote
1 year 5 months ago
franko
Member
franko
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Damned reassuring that at least one administration is heeding the old “IT’S THE ECONOMY STUPID” lesson. Unfortunately, can’t say the same of our team of Keystone Cops like BAMBY and BUTTS.

You Must Be Logged In To Vote20You Must Be Logged In To Vote
1 year 5 months ago
YVR
Guest
YVR
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Looks more like a democrat to me.

Cohn is a registered Democrat who has donated money to both Barack Obama and Hillary Clinton.

Both of these former Goldman alumni worked under President Clinton as well. Friedman also worked under Bush.

If he takes the post, he will be following in the footsteps of Robert Rubin and Stephen Friedman, two other onetime Goldman Sachs executives who served in that role.

You Must Be Logged In To Vote20You Must Be Logged In To Vote
1 year 5 months ago
Shut It Down Already
Guest
Shut It Down Already
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Right, but Clinton never stood on the “drain the swamp” platform. Trump is a total hypocrite who outright misled the electorate.

You Must Be Logged In To Vote90You Must Be Logged In To Vote
1 year 5 months ago
YVR
Guest
YVR
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Drain the swamp referred to Washington insiders. Cohn has never worked in Washington. Trump has also put a ban on people who work in his administration from becoming a lobbyist within 5 years of leaving the position.

You Must Be Logged In To Vote50You Must Be Logged In To Vote
1 year 5 months ago
Shut It Down Already
Guest
Shut It Down Already
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

And his attacks on Hillary for giving a speech at Goldman and also Cruz? Those were a reference to something else too?

Come off it.

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
patriotz
Member
patriotz
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

“Looks more like a democrat to me.”

I was talking about Trump himself. Same old putting Wall Street first.

“Drain the swamp referred to Washington insiders.”

You mean like GOP Senate leader Mitch McConnell’s wife, who he’s appointing to the cabinet?

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
Hello
Guest
Hello
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

I don’t understand. Does someone’s employer tell us something about their character? Is that the implication here? Seems like lazy reasoning.

I understand that some don’t like bankers, but GS is the top financial firm and if you are in finance it is probably where u want to be. They are among some of the best. Sad to see people trading in anti elitism on this blog.

Is it full of shit heads and psychopaths? Of course, but what big corporation isn’t?

You Must Be Logged In To Vote20You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Grease problems add to utility costs, require $3.5 million fix
http://www.richmond-news.com/news/grease-problems-add-to-utility-costs-require-3-5-million-fix-1.4090670

>>> only here would something so absurd happen…

You Must Be Logged In To Vote60You Must Be Logged In To Vote
1 year 5 months ago
Combat roach
Guest
Combat roach
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

What else could happen when primitives massively and quickly inhabit civilization because they can, but where they don’t know how to function and behave ?

You Must Be Logged In To Vote110You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

add to this all the paint, chemicals and other banned substances that are also being dumped down the drains

You Must Be Logged In To Vote50You Must Be Logged In To Vote
1 year 5 months ago
Shut It Down Already
Guest
Shut It Down Already
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Like in Saskatoon?

http://www.cbc.ca/beta/news/canada/saskatoon/saskatoon-tells-citizens-not-to-pour-grease-down-drain-1.3501012

Must be all the Chinese these right? Why not just piss off, you racist imbecile?

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Richmond News Letters: Letter: Homeowners, hold onto your wallets
http://www.richmond-news.com/opinion/letters/letter-homeowners-hold-onto-your-wallets-1.4159041

>>> couldnt agree more. so obvious that the rollout of the tax was carefully timed and planned not to mention the fact that key insiders were given a heads up weeks, if not months in advance which further explains the cooling of the market here in advance of the announcement while other markets continued to motor on full steam ahead

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
Bag it and tag it
Member
Bag it and tag it
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

This makes no sense at all. First, if they rolled out the tax a month or 2 earlier, assessment values would not have changed much, if at all. Second, home values have no impact on how much is collected overall from property tax, so it makes not difference to the government what your assessment value is.

You Must Be Logged In To Vote10You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

disagree. had the tax been rolled out in a more timely fashion ie. in spring and what we witnessed from aug to present had actually occurred pre july 1 then govt would have had 2 problems on their hands (1) big property tax increase would have been a tougher sell and (2) public confidence would have taken a hit as assessments plummeted vs the presumable reassurance we will see as owners see how much they are worth at least on paper. remember it is election time and information will be carefully massaged and disseminated only if it benefits the liberals

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
YVR
Guest
YVR
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

I am puzzled at how many people do not understand how property taxes work. An increase in assessments across a city is irrelevant to the actual taxes paid. It is only if you own a property that has increased more than the average place in your city do you get a tax increase (over the city budget increase of ~3%). You would think people could figure it out simply by realizing their property tax did not triple with their home values over the past 15 years.

You Must Be Logged In To Vote100You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

it is safe to say that more people will see their taxes increase if assessments are up by 30-50%

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
LS in Arbutus
Guest
LS in Arbutus
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

The biggest issue is that people start to lose the homeowner’s grant past $1.2 million and totally when values are in excess of $1.369 million. So essentially every SFH in Vancouver. Taxes aren’t cheap.

http://vancouver.ca/home-property-development/are-you-eligible.aspx

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
patriotz
Member
patriotz
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

The other issue is that SFH have gone up more than attached dwellings so their share of the tax bill will go up. This is something the North Van mayor was complaining about some months ago – he wanted the BC government to allow cities to charge a lower rate for SFH. At present all residential must be charged the same rate.

You Must Be Logged In To Vote60You Must Be Logged In To Vote
1 year 5 months ago
Newcomer
Member
Newcomer
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

For the love of Pete. People are complaining because their house is worth over a million dollars and other people’s apartments aren’t.

You Must Be Logged In To Vote80You Must Be Logged In To Vote
1 year 5 months ago
Oracle
Guest
Oracle
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

So then condo taxes should go down. Why that not mentioned. There is a flip side.

You Must Be Logged In To Vote50You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

when have taxes ever gone down?

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
patriotz
Member
patriotz
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Quite often actually. You just haven’t noticed because it’s almost always the well off and corporations who’ve been getting the cuts. There’s also non-enforcement of taxation for the wealthy in addition to formal tax cuts.

JT’s recent middle income cut was an exception. I will also point out that Harper cut the GST (which was a bad policy).

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
StrataHacker
Guest
StrataHacker
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Actually, you are wrong on your last point. GST type (consumption) taxes are disproportionately burdensome to middle and lower class people, simply for the fact that they spend a vastly larger proportion of their income on consumption (of necessities) than rich people. If you weren’t so ideologically blinded, you would justifiably credit Harper with the most progressive tax cut in all of human civilization.

You Must Be Logged In To Vote10You Must Be Logged In To Vote
1 year 5 months ago
patriotz
Member
patriotz
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

“The biggest issue is that people start to lose the homeowner’s grant past $1.2 million”

This is a saving for the provincial government. Cities get the same tax money regardless of HOG status.

You Must Be Logged In To Vote30You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

no, krusty will take care of this is in the new year by raising the threshold to $1.4M. this is basically a get of out jail free card for her

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
Newcomer
Member
Newcomer
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

What makes you say that? It’s kind of weird that you would say that, seeing as you spend most of your life on a real estate blog. Do you seriously not understand what YVR is saying?

You Must Be Logged In To Vote20You Must Be Logged In To Vote
1 year 5 months ago
Oracle
Guest
Oracle
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Wonder what agenda the media has to publish that? That’s not how property taxes work.

Maybe media wants to be seen like they understand the plight of the people and maybe then they vote Cristy. Lol

You Must Be Logged In To Vote20You Must Be Logged In To Vote
1 year 5 months ago
bullwhip29
Guest
bullwhip29
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Mortgage overload: Are Canadians living too close to their financial edge?
http://www.theglobeandmail.com/globe-investor/personal-finance/genymoney/mortgage-overload-are-canadians-living-too-close-to-their-financial-edge/article33291062

You Must Be Logged In To Vote90You Must Be Logged In To Vote
1 year 5 months ago
squeak
Member
squeak
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Great article. Informative, sobering, a refreshing slap in the face.

Knowledge is power: Somebody’s stupidity is somebody else’s gain. It is too bad Canada did not look into this housing mania long time ago, but then again, what to expect from corruption or it is baffling incompetence? It has to one of the two or both.

You Must Be Logged In To Vote60You Must Be Logged In To Vote
1 year 5 months ago
squeak
Member
squeak
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

I want to add, to be cautious in statement, that the home owner/buyer has to take ownership of their buying decision: Probably was expecting to “win the lottery” as in RE value going up, if convinced it was going down they would not buy. A gamble.
I have never been able to return a lottery ticket for a refund when it did not win.

You Must Be Logged In To Vote60You Must Be Logged In To Vote
1 year 5 months ago
patriotz
Member
patriotz
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

” It is too bad Canada did not look into this housing mania long time ago”

Both the Federal and Provincial governments knew and know exactly what they are doing. Governments like RE bubbles because they make homeowners feel richer and create jobs in the absence of real production.

You Must Be Logged In To Vote60You Must Be Logged In To Vote
1 year 5 months ago
history
Guest
history
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Globe and Mail = as#whipe
…
stopped reading at ‘we profiled six people’

You Must Be Logged In To Vote10You Must Be Logged In To Vote
1 year 5 months ago
Oracle
Guest
Oracle
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

All carefully planned propaganda. Give a little and then take back a little more.

Don’t be fooled by likes of that Tomlinson “reporter”

You Must Be Logged In To Vote50You Must Be Logged In To Vote
1 year 5 months ago
Royce McCutcheon
Member
Royce McCutcheon
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

If you’re not going to put up evidence, you really should provide some details on the vague rumors you’re peddling with respect to her reporting. Your thesis that her stories are a plant encouraged by the BC Liberals might be the oddest thing you’ve come up with.

You Must Be Logged In To Vote80You Must Be Logged In To Vote
1 year 5 months ago
history
Guest
history
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

“With uninsured mortgages driving an increasing portion of overall mortgage and loan growth…the consequences of a decline in housing prices—most notably in the Toronto and Vancouver markets—weighs more heavily with each passing quarter.”

http://canadianmortgagetrends.com/canadian_mortgage_trends/2016/12/q4-2016-bank-earnings-mortgage-morsels.html

dont worry bulls, since when does a banker give a bathouse care about scales? Just offload your cleaning problems to TFW’s

You Must Be Logged In To Vote20You Must Be Logged In To Vote
1 year 5 months ago
Buynow or Getlaidnever
Guest
Buynow or Getlaidnever
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Development opportunity in highly sought after neighbourhood of Mount Pleasant. RM4-N zoning allows 4 dwelling unit allowing approximate 5000 sqft building in total. Plans & Conditional Permit (prior to letter) in place. Seller to do their own diligence but vendor will share plans and prior too. Quick closing preferred. All measurements are approximate.LISTING AGENT HAS A INTEREST IN PROPERTY.

http://archive.is/6QxbA#selection-2541.0-2550.2

http://www.rew.ca/properties/R2116966/373-e-16th-avenue-vancouver?property_search=436402802

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago
John
Member
John
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

BC Assessment says 1.115M. Lets say +30% for peak of the year – 1.5M – that is still a lot less than the 2.450M listing price. The property sold in March 2015 for 1.26M. Those plans and a conditional permit must be made of solid gold – apparently they are worth about 1M dollars.

You Must Be Logged In To Vote60You Must Be Logged In To Vote
1 year 5 months ago
Hyper-mega-Bull
Member
Hyper-mega-Bull
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

rezoning and the anticipation of rezoning is a huge reason why detached houses are the price they are.

i can’t say if the numbers work for this project, but it may.

also, chinese builders can make profits where others can’t by importing everything from china. they can put up a house for half the price of east indian builders. that changes the equation.

You Must Be Logged In To Vote40You Must Be Logged In To Vote
1 year 5 months ago