Nothing like the view from the ground. Clockbike posted this roundup of what’s happening just north of Vancouver:
Squamish resident here. I would like to tell you all a spooky story, grab your marshmallows and gather round, I’ll point my bear flashlight up at my face to create dramatic effect. I call this story: “The Haunted Sales Centers.”
It is ~2005, in a rainy windy city, upon the water. There lied the Squamish Oceanfront Development. A plan to create a residential neighborhood with marina, small industrial jobs love and flowers. Fast forward to today: the district is now $6.57 Million in debt. Source PDF.
Surely we have accomplished something magnificent for our downtown core, this is a story of the results of 7 years of hard work.
Continue reading Squamish and the Haunted Sales Centers
It’s the end of another work week and that means it’s time for our regular weekend news roundup and open topic discussion thread. Here are a few links to kick off the chat:
–Time to panic on the housing market
–Very few expiries means a quick return to the 15k party.
–We’re at the highest inventory for this time of year in years
–Tighter mortgage regulations expected
–Do banks need to boost risk?
–Housing prices flat or falling
–House prices drive away staff
–Alarming rise in homeless families
–Here’s the fake GVREB press release
–Seattle (down 32%) was supposed to be immune to price drops
–Irish tiger left lots of empty homes
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Thanks, and let us know what are you seeing out there. Post your news links, thoughts and anecdotes here and have an excellent weekend!