This is a friendly, interactive exchange of information on all Real Estate related subjects. Follow on Twitter: @RETALKS


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by westcoastfella
Wed Aug 30, 2017 7:02 am
Forum: Real Estate Talks
Topic: Will the end of bridge tolls cause an increase in property values ?
Replies: 3
Views: 311

Re: Will the end of bridge tolls cause an increase in property values ?

Yeah, I agree with vanlord.  Taxes don't just go away, governments get too used to the revenue stream...  the elimination of tolls on the bridges will be replaced with something else, and mobility pricing seems to be the flavour of the month. Whatever tax is put into place, a) it will punish car dri...
by westcoastfella
Thu Jun 15, 2017 11:25 am
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 114
Views: 3811

Re: Are interest rates finally going to rise?

As you all know, asset values have been over-inflated because of zero (or negative) real interest rates. And, $14T worth of quantitative easing. It doesn't help if you get shrill and hysterical. I'm cash rich. I welcome a rise in interest rates. Let it come. This is how stupid Jimtan is, in origina...
by westcoastfella
Thu Jun 01, 2017 5:44 pm
Forum: Real Estate Talks
Topic: Are Canadians turning negative on immigration?
Replies: 29
Views: 969

Re: Are Canadians turning negative on immigration?

jimtan wrote:
tdma is on my ignore list. Please report him for any infractions to admin. Thanks.

finally.
by westcoastfella
Sun May 07, 2017 12:20 pm
Forum: Real Estate Talks
Topic: BC Election and effect on RE
Replies: 210
Views: 3718

Re: BC Election and effect on RE

Fair enough, my bad.  I don't particularly have a problem with the lack of transparency for a program like this - there are lots of similar investment programs available to BC and Canadian industries with varying levels of participation and payouts.  Similar to SR&ED, which I've had to be invol...
by westcoastfella
Sat May 06, 2017 2:53 pm
Forum: Real Estate Talks
Topic: BC Election and effect on RE
Replies: 210
Views: 3718

Re: BC Election and effect on RE

There will be enough money if we eliminate freebies for the rich. Here's why we need a change of regime. Eliminate enough of the "freebies" for the rich, and you may find yourself eliminating all the rich.  Which in turn will eliminate all the freebies. What people seem to not realize is,...
by westcoastfella
Sat May 06, 2017 10:36 am
Forum: Real Estate Talks
Topic: BC Election and effect on RE
Replies: 210
Views: 3718

Re: BC Election and effect on RE

There will be enough money if we eliminate freebies for the rich. Here's why we need a change of regime. Eliminate enough of the "freebies" for the rich, and you may find yourself eliminating all the rich.  Which in turn will eliminate all the freebies. What people seem to not realize is,...
by westcoastfella
Sat May 06, 2017 10:14 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4680
Views: 724163

Re: Vancouver indvidual property sales details

Wow - falling apart. Seems like those selling homes at $2.8+ are going to be begging for offers soon.  LOL.  And then you have amateurs buying land for $1.6m.  LOL. If you are selling for $2m or leas there are buyers- but why are they buying those houses when they can purchase a quality new home bu...
by westcoastfella
Fri May 05, 2017 2:02 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4680
Views: 724163

Re: Vancouver indvidual property sales details

Wow - falling apart. Seems like those selling homes at $2.8+ are going to be begging for offers soon.  LOL.  And then you have amateurs buying land for $1.6m.  LOL. If you are selling for $2m or leas there are buyers- but why are they buying those houses when they can purchase a quality new home bu...
by westcoastfella
Thu Apr 20, 2017 8:46 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4680
Views: 724163

Re: Vancouver indvidual property sales details

reallyreal2 wrote:
Looks like your realtor isn't getting a gold star -  :D

does anyone care about your gold star?  why the games - if you have a sale just post it, otherwise we all assume it doesn't exist and move on...
by westcoastfella
Tue Apr 18, 2017 8:12 am
Forum: Real Estate Talks
Topic: BC Election and effect on RE
Replies: 210
Views: 3718

Re: BC Election and effect on RE

This pretty much sums it up.  The NDP have been waiting to take a crack at all things liberal, and are simply trying to appeal to younger voters with quick "solutions" on hot topics.  This is similar to the route that Trudeau took (now that reality has set in and he realizes the world is ...
by westcoastfella
Mon Apr 17, 2017 5:35 pm
Forum: Real Estate Talks
Topic: BC Election and effect on RE
Replies: 210
Views: 3718

Re: BC Election and effect on RE

It sounds about as doable as all the other NDP promises... Strange that you should say that. Gordon Campbell's long-serving chief of staff, Martyn Brown... "Martyn Brown: On balance, John Horgan's platform works for me" http://www.straight.com/news/895691/martyn-brown-balance-john-horgans...
by westcoastfella
Sun Apr 16, 2017 2:52 pm
Forum: Real Estate Talks
Topic: BC Election and effect on RE
Replies: 210
Views: 3718

Re: BC Election and effect on RE

Did anyone notice? "B.C. NDP platform promises 114,000 new rental, co-op, social, and owner-purchase homes" http://www.straight.com/news/895446/bc-ndp-platform-promises-114000-new-rental-co-op-social-and-owner-purchase-homes Sounds doable? It sounds about as doable as all the other NDP pr...
by westcoastfella
Tue Apr 11, 2017 7:14 am
Forum: Real Estate Talks
Topic: Jimtan tracker
Replies: 27
Views: 1053

Re: Jimtan tracker

as far as this board knows, Jim had a condo, and is only interested in the condo market.  The SFH market means little to him, other than as a measure of social injustice, so tracking how much he is up or down based on that metric means little. If he invests in the stock market he will be bankrupt fr...
by westcoastfella
Sat Apr 01, 2017 12:35 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4680
Views: 724163

Re: Vancouver indvidual property sales details

If you guys can recall, I called this rebound about 3 or 4 weeks ago when I saw the raw data in the field (homes selling or under contract).  Doesn't matter how you spin the numbers we are at peak or above it.  I still think we will see an increase of house prices this year of about 10% to 15%.  Co...
by westcoastfella
Wed Mar 29, 2017 8:11 pm
Forum: Real Estate Talks
Topic: Should we get rid of Jimtan and TDMA
Replies: 30
Views: 1356

Re: Should we get rid of Jimtan and TDMA

In any real forum, both of them would have been banned by now. I agree with vanlord - jim has some pretty ridiculous ideas, but at least he puts them out there and defends them.  unfortuantly its come to a point where I'll probably need to put him on ignore like tdma.  who the hell engages trolls ho...
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