Archive for the ‘Open Topic’ Category

FFFA! income, rates & debt people

Friday, January 23rd, 2015

It’s that time of the week again!

Let’s get to our regular Friday Free-for-all post, this is our traditional end of the week news roundup and open topic discussion thread for the weekend.

Here are a few recent links to kick off the chat:

-BC income growth worst in Canada
-Why rate cut may not drop mortgages
-Bankers keep filling the punchbowl
-The Okanagon oil link
-The British Columbia oil link
-Recession? Again?!
-Owners ask for reduced valuations

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

Friday Free-for-all! The Jobs Edition

Friday, January 16th, 2015

It’s the end of another work week 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, here are a few recent links to kick off the chat:

-Target says goodbye Canada
-Suncor plans cuts
-Sony closing all stores
-Bank of Canada warns on economy
-Oil affects housing?
-RE Commissions to fall?
-Vancouver lags on rentals
-House of cards
-Endless HAM chat can end anytime
-Did we say budget surplus? nevermind.
-Alberta considers sales tax

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

Friday Free-for-all!

Friday, January 9th, 2015

It’s the end of another week and that means it’s 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:

-Assessments and sales
-Canada in ‘serious trouble’?
-Optimism Fading?
-Rent vs. buy math
-High debt a way of life
-Oil brings doubt
-Chinese investors not afraid of ghosts
-Realtor Hunger Index at 68%
-Prices down in Yuan

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

Friday Free-For-All! 2015 is here!

Friday, January 2nd, 2015

It’s the beginning of a new year and the end of another week.

That means it’s 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:

-1988 flashback
-Chinese bottom fishers in Russia
-That’ll bump up the average
-Chinese buyers eye Seattle
-The pretending to pay buyers gambit

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

Happy New Year!

Wednesday, December 31st, 2014

As 2014 draws to a close and we move into 2015 here’s hoping your future is a bright one.

Some of you will buy property this year, some of you will sell, some will rent and others will move away.  Whatever 2015 holds for you it’s always good to keep some perspective.

Whether 2015 sees rising or dropping house prices in Vancouver we hope both sides of the debate will treat each other with a reasonable amount of respect – we’re all just trying to get by the best we can.

Happy New Year and here’s to an excellent 2015 for all of you!

Friday Free-for-all! The Late Edition.

Friday, December 26th, 2014

It’s the weekend again, but not just any weekend, this is the relaxing weekend in the midst of holiday and vacation land.

But it is Friday, and that traditionally means it’s Friday Free-for-all time here at VCI.

This is our open topic discussion thread for the weekend, here are a few recent links to kick off the chat:

-RBC: healthy 15% drop
-Soft landing is?
-Oil nosedives, what about stocks?
-Zinc, Wood, is all good
-An order of Canada for Carney
-Some debt numbers

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

Friday Free-for-all!

Friday, December 19th, 2014

It’s that time of the week again…

Friday free-for-all time!

This is our regular end of the week news roundup and open topic discussion thread for the weekend.

Here are a few recent links to kick off the chat:

-Sceptical of CMHC data?
-Langley Condos at 2006 prices
-Canadas random success story
-A bubble in renters?
-Market peak
-Oil prices on housing a ‘wild card’

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

FFFA!

Friday, December 12th, 2014

It’s that time of the week again…

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:

-Canadian debt at unsustainable level
-Realtors optimistic about 2015
-Overly fat debt loads
-Not expecting unexpected economic shocks
-Oil to affect Calgary prices
-Vancouver Island Stats

So what are you seeing out there?

Post your news links, thoughts and anecdotes here and have an excellent weekend!

Friday Free-for-all! Happy Weekend!

Friday, December 5th, 2014

It’s the end of another work week and that means it’s time for our regular Friday Free-for-all!

This is our usual end of the week news roundup and open topic discussion thread for the weekend.

Here are a few recent links to kick off the chat:

-Balancing Retirement & mortgage
-27% don’t count mortgage as debt
-Vancouver closet for rent
-Longest interest rate pause
-Higher tax for empty houses?
-Millionaire visa for only 50 people?
-Dipping under a million on the coast

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

Lessons to learn.

Monday, December 1st, 2014

No matter how much you know, there’s always something new you can learn.

From this article in the Vancouver Sun there are at least 3 lessons we can learn:

1) Shaughnessy is a ‘tony’ neighborhood:

Laura De Munain moved into her family’s Oak Street house on the outskirts of the tony Shaughnessy neighbourhood in April. While working from home, the pregnant lawyer soon noticed groups of two or three people regularly stumbling around her back alley in a daze.

2) You can’t force absent owners to evict partiers from their property:

Police answered her first call to their non-emergency line and toured the property, but they “said they didn’t see any evidence of consistent living here,” according to De Munain. She says city staff referred her back to the police when she complained about drug users and squatters in June and asked the city to force the owner to board the home up properly.

3: Government hears you, but they’re not sure you mean what you say:

In the weeks leading up to this month’s civic election, a blog showcasing “beautiful empty homes” of the west side and a proposal from COPE mayoral candidate Meena Wong for a vacant home tax gained support from residents simmering with anger over Vancouver becoming a “hedge city” for foreign real estate investors.  A poll last month showed 72 per cent of respondents thought such a tax a “very good” or “good” proposal, and only 18 per cent deemed it “very bad” or “bad.”

Vision Vancouver Coun. Geoff Meggs said he, like many, finds it offensive when a perfectly good home is held empty for speculative reasons, but he doesn’t know that such a tax is “legally possible or even desirable.”

You’ve either learned something new from this writeup or it’s been a complete waste of your time. In either case you can read the full original article here.

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