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


Search found 3224 matches

by jimtan
Sun Aug 20, 2017 7:14 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 5
Views: 558

Re: Why I am not afraid of being a renter!

This is a surprise. Good for the tenanat friendly NDP... "B.C. NDP outpace Liberals in donations leading up to 2017 elections Attorney General David Eby says bill limiting corporate, union and individual donations coming this fall ...  The reports show that the NDP brought in a total of $9,442,...
by jimtan
Fri Aug 18, 2017 1:40 pm
Forum: Real Estate Talks
Topic: Medium Term risks?
Replies: 58
Views: 1519

Re: Medium Term risks?

More anti-foreign policies... "Regulate condo presales, Vancouver mayor tells province "We’ve heard an ongoing concern about projects not being readily available to local buyers" http://www.metronews.ca/news/vancouver/2017/08/02/vancouver-mayor-calls-on-province-to-regulate-condo-pres...
by jimtan
Tue Aug 15, 2017 8:16 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4657
Views: 710265

Re: Vancouver indvidual property sales details

Facts....

Biggest drop in benchmark Canada -wide since 2009. In fact, the only substantial drop since 2009...

"Canadian Home Prices Tumble the Most Since 2008 Recession"

https://www.bloomberg.com/news/articles ... on-toronto
by jimtan
Sat Aug 12, 2017 8:58 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4657
Views: 710265

Re: Vancouver indvidual property sales details

??? "...Buyers who are unable to honour their deals or are turning to the sellers for help create “potential for a domino effect,” according to real estate lawyer Jason Gottlieb, who says he’s dealt with five similar cases in the last three months. “I think that the buyers are finding it diffic...
by jimtan
Thu Aug 10, 2017 7:15 pm
Forum: Real Estate Talks
Topic: Medium Term risks?
Replies: 58
Views: 1519

Re: Medium Term risks?

There's always a blowback when things get out of whack. The risk in Vancouver is that the left wing gets voted into power. Here's a nutter like Jean Swanson who's talking about a rent freeze... “Independent council candidate Jean Swanson offers to donate $41,000 of her salary if she's elected” http:...
by jimtan
Mon Aug 07, 2017 10:31 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 5
Views: 558

Re: Why I am not afraid of being a renter!

"Rents on fire: Vancouver follows San Francisco's lead to curb rental crisis An estimated 24,500 households in Vancouver are in need of more affordable housing ... Vancouver has begun an aggressive push to build rental housing over condos, with a goal of 48,000 to start. In the spirit of that g...
by jimtan
Wed Aug 02, 2017 7:50 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4657
Views: 710265

Re: Vancouver indvidual property sales details

I highly doubt that a False Creek leasehold is anything close to an east Vancouver detached freehold. Even the Vancouver West apartment benchmark is 50% of East Van detached. Let's add some clarity in July 2017 a Vancouver West condo added 1.4% value  or $10,962. An East Vancouver detached added 1....
by jimtan
Wed Aug 02, 2017 9:03 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4657
Views: 710265

Re: Vancouver indvidual property sales details

Geyser is scary when he is right. As he pointed out, detached has been tame while condo has soared this year. To me, definite signs of affordability crisis. See Steve ... "CMHC Says Vancouver Real Estate Overheating Once Again ... Of course if you’ve been reading this blog this would come as no...
by jimtan
Mon Jul 31, 2017 6:44 pm
Forum: Real Estate Talks
Topic: Medium Term risks?
Replies: 58
Views: 1519

Re: Medium Term risks?

Christy quit from politics. She's cunning. So, probably means that she doesn't think that the BC Liberals can win in the next few years. Why? Where are they going to get enough donations, after corporate donations are banned. "'I am done with public life,' says Christy Clark in 1st public state...
by jimtan
Fri Jul 28, 2017 7:07 am
Forum: Real Estate Talks
Topic: The Money Pit Tax
Replies: 3
Views: 308

Re: The Money Pit Tax

Enforcement is gonna be brutal ... "CRA takes developers to court, seeks information on pre-sale condo flippers Officials say they want to ensure taxes paid on transactions..." http://www.cbc.ca/news/canada/british-columbia/cra-takes-developers-to-court-seeks-information-on-pre-sale-condo-...
by jimtan
Tue Jul 25, 2017 9:12 pm
Forum: Real Estate Talks
Topic: Cambie Corridor Phase 3 – New Priorities
Replies: 5
Views: 447

Re: Cambie Corridor Phase 3 – New Priorities

Cambie Corridor seems to be a test bed for new ideas.  "Vancouver launches affordable rental pilot program in Cambie corridor" http://www.cbc.ca/news/canada/british-columbia/vancouver-affordable-rental-pilot-1.4218511 The Oakridge Town Center are the dark areas north and east of Oakridge C...
by jimtan
Thu Jul 20, 2017 10:50 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 104
Views: 2873

Re: Are interest rates finally going to rise?

Downtown is a cesspool, trust me, I know. I'm down there every day for 10+ years. You couldn't pay me to live there...noise, traffic, panhandlers... If you're under 30 or over 70 it can be useful. I'm not. I'm not sure what this has to do with an interest rate thread. Suggest you start a separate t...
by jimtan
Thu Jul 20, 2017 7:39 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 104
Views: 2873

Re: Are interest rates finally going to rise?

Downtown is a cesspool, trust me, I know. I'm down there every day for 10+ years. You couldn't pay me to live there...noise, traffic, panhandlers... If you're under 30 or over 70 it can be useful. I'm not. I'm not sure what this has to do with an interest rate thread. Suggest you start a separate t...
by jimtan
Tue Jul 18, 2017 12:05 pm
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1462
Views: 302844

Re: Climate Warming is coming to BC

Cause and effect " Scientists are getting better at linking extreme events, such as wildfires, to climate change "While scientists have known for decades that changes in some classes of extreme weather would result from climate change, the science of attributing individual extreme events t...