All posts by VCI Admin

Friday Free-for-all! June 28th 2019

It’s the end of another wonderful week in paradise and that means it’s time for another Friday free-for-all, our 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:

Pre-sales buyers back out as market slows
Anti money laundering job
Fed loan rate over 10%?
Borrowing binge continues
Selling below 2015 prices?

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

Everybody wants to help you buy a house

Pointed out by southseacompany: all the major political parties want to help you buy a house and the promises are piling up.

They all love the idea of taking taxpayer money to drive up house prices, the current government even wants to get in on the speculation and help out with a 5-10% shared equity program.

The government also confirmed that, because the program gives it an equity stake in the mortgage, it will share any gains or losses in the value of the home over the life of the loan. Any money the government makes on the program will go back into general revenues.

Read the full article here.

Friday free-for-all! June 14th 2019

What if the hammer of higher interest rates never falls? If prices keep rising so young families cant afford to buy?

What’s going to happen to the Vancouver economy moving forward?

Just a few questions on our mind as we kick off another Friday free-for-all open topic discussion thread for the weekend.

Post your news links, thoughts and anecdotes in the comments below and have a great weekend!