Archive for the ‘Open Topic’ Category

Friday Free-for-all!

Friday, November 21st, 2014

Its the end of another week and that means its Friday free-for-all time!

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

Let’s kick off the chat.

-links to come soonish

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

FFFA! Election Time

Friday, November 14th, 2014

Hey! It’s the end of another work week!

That means it’s Friday Free-for-all time here on VCI. This is our regular end of the week news round up and open topic discussion thread for the weekend.

Depending on when you read this, you may already know who’s mayor.

Alrighty, let’s get to the links to kick off the chat!

-BC leads decline in starts
-Mayor race neck and neck
-All about geography and weather
-BC vs Ontario economy
-Former city planner says..
-Ready to move to an island?

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

Hold cash or leverage up?

Monday, November 10th, 2014

This article in the Globe and Mail asks ‘where is the smart money going‘?

Is a drop in oil prices good for the Canadian economy? Will interest rates stay low forever? Nobody knows, but that doesn’t keep us from asking.

Today’s situation amounts to a near total inversion of the markets of a generation ago. “If you look back to, say, 1981, stocks, bonds and real estate were all cheap,” says Jim Giles, chief investment officer at Foresters, a Toronto-based financial services provider with more than $20-billion in assets under management. “Now, the exact opposite is true.”

For investors, this poses a daunting challenge: What do you buy when there’s nothing left to buy – or at least nothing that appears to be a bargain?

For somepeople cash is trash, for others it’s king:

Tim McElvaine, one of Canada’s best-known value investors, has a similar viewpoint. The head of McElvaine Investment Management Ltd. in Victoria is holding about 25 per cent of his fund’s assets in cash, considerably higher than the normal level, as he awaits buying opportunities.

“People will tell you they don’t want to hold cash because it doesn’t yield anything,” he said in an interview. “But the real value of cash is its ability to buy things when prices become attractive.”

Among the reasons to worry about today’s market is that near-zero interest rates have failed to spark any widespread global recovery. The Organization for Economic Co-operation and Development trimmed its global growth forecast this week to 3.3 per cent for this year, reflecting the euro zone’s continuing woes and a slowing Chinese economy.

Read the full article here.

FFFA! Oil, Outlook, Restructuring, 20%

Friday, November 7th, 2014

Well well well, it’s the end of another work 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:

-Oil Price Plummet
-We are affordable
-Scotiabank Chops
-Remove the top 20%
-Check the facts
-Accumulate enough debt
-world class yet?
-WTF?

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

FFFA! Little Mountain, Debt, Holidays & Heritage

Friday, October 31st, 2014

Boo!

You made it to the end of another week and here at VCI 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 links to kick off the chat:

-Canadians spend more on housing
-Heritage drives down prices
-Using tax dollars to boost economy
-The little mountain that couldn’t
-Holidays are for losers
-TFW program not so curtailed
-Swedish bubble test case?

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

FFFA! Red Flags, BS, Inventory, Learning

Friday, October 24th, 2014

You survived the rain!

And here we are at the end of another work week, could life get any better?

And since it’s the end of another week, what say we do our regular Friday Free-for-all post?

This is our end of the week news round up and open topic discussion thread for the weekend. ok? Lets do it!

Here are a few recent links to kick of the chat:
-BOC raises red flags over housing
-A new generation of renters
-Bloated debt risk to economy
-BS Talk?
-Spending Vigour?
-What I learned on VCI
-Inventory Graph

So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent (though perhaps slightly soggy) weekend!

FFFA! Bubble, Oil, Toil

Friday, October 17th, 2014

You made it to the weekend!

And that means its 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 links to kick off the chat:

-End of the boom?
-A look at bankruptcy and foreclosure
-Alberta anxious over dropping oil
-HAM or BCM?
-Prices wont go up or fall

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

FFFA! Income, Losses, Investment

Friday, October 10th, 2014

Its the end of another beautiful week and a long weekend to boot!

And that means it’s time for our regular Friday Free-for-all post, this is our end of the week news round up and open topic discussion thread for the weekend.

Here’s a few recent links to kick off the chat!

-19.8% Avg loss at Olympic Village 2011-2014
-Retirement savings at risk?
-Oliver sees no bubble
-CMHC brings risk to taxpayers
-BC buyers seek investments
-Canadian RE among most overvalued
-$1000 house

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

The problem isn’t prices, it’s the buyers

Tuesday, October 7th, 2014

Over on Medium there’s an Op-Ed by Spencer Thompson on the high cost of Vancouver Real Estate.

Not just the literal high cost of property, but the risk of a greater price paid by the city .

The secret that no-one actually wants to talk about is that the quality of a city is mostly determined by a simple factor — the number of smart, ambitious people who live there. These people are the ones who want to drive that city forward by investing in opening businesses, donating their time to the arts & community, participating in city planning, etc… Without them, growth wouldn’t happen and you wouldn’t get all of the benefits that great cities enjoy.

The biggest contributor to the decline of a great city is simple — it’s the decline of those smart people. When they decide that the cost of living in a place outweighs the benefit, they move. They don’t just take their money with them, they take their intellectual and future capital with them. This is dangerous. When people aren’t willing to make an investment in a place to live any more, the city doesn’t just lose their taxes for the year, they lose a massive function of potential jobs created, culture added and future capital they can put to work.

Read the full article here.

Now clearly Mr. Thompson is a believer in foreign investors as a primary driver of prices in this city, but whatever the cause, HAM, Drugs or Credit, does he have a point? Do high real estate prices risk driving out ‘smart people’ who would contribute to a brighter future for the city?

FFFA! Houses, Garbage, Income, Listings

Friday, October 3rd, 2014

Hey! It’s Friday already, 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:

-Housing Bubble set to burst?
-Surge of listings in metro Van
-Realtor Hunger Index a bit over avg.
-Garbage piling up around charity bins
-We have lowest incomes for educated

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

VCI Network

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