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


Search found 3242 matches

by jimtan
Sun Oct 15, 2017 7:51 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 8
Views: 1059

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

We know that Mayor Sunshine has done a full job on the Cambie Corridor... http://www.realestatetalks.com/viewtopic.php?f=8&t=129673 However, the voters don't think that this will be enough.  Yesterday, the Vision Vancouver candidate was fifth in the by-election for city councillor. Behind NPA, J...
by jimtan
Sun Oct 15, 2017 11:54 am
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 6
Views: 219

Re: Did The Vancouver Foreign Buyers Tax Work?

Obviously, I touched a nerve among the deniers. Obviously, some markets have not returned to 'normal'. So, the foreign tax has worked. Any half wit knows that the withdrawal of money from a market will weaken the demand. Check out the charts below. There are good things in 2018 and 2019. Ottawa is g...
by jimtan
Sat Oct 14, 2017 11:57 am
Forum: Real Estate Talks
Topic: Medium Term risks?
Replies: 62
Views: 2174

Re: Medium Term risks?

Canada First ... "Canada moves toward buying Australian fighter jets, upping ante in trade dispute with Boeing" https://ca.news.yahoo.com/canada-moves-toward-buying-australian-090000148.html Should free trade become less free, this will have negative economic consequences for each country ...
by jimtan
Thu Oct 12, 2017 6:15 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 6
Views: 219

Did The Vancouver Foreign Buyers Tax Work?

"Did The Vancouver Foreign Buyers Tax Work? ... Further, detached house flipping has been nearly cut in half. In 2016, Vancouver detached houses being flipped within one year made up 4.46% of sales, and reached 8.1% over a two year window. It has since dropped to 2.29% and 5.7% respectively.......
by jimtan
Wed Oct 11, 2017 12:17 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 114
Views: 3907

Re: Are interest rates finally going to rise?

Right! What happens in the States will never affect Canada because it is in a universe of its own.

BTW, where were you during the financial crisis of 2008-9?

Yes, Canada banks fund their ten year mortgages from domestic deposits. Right!
by jimtan
Tue Oct 10, 2017 6:49 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 114
Views: 3907

Re: Are interest rates finally going to rise?

eyesthebye2 wrote:
Of course, why make this clear when your goal is to be alarmist. Let's just borrow and obfuscate any negative news we can find

Are you using the word 'obfuscate' correctly? Strange coming from a cherry picker like you?
by jimtan
Mon Oct 09, 2017 2:43 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 114
Views: 3907

Re: Are interest rates finally going to rise?

Here's something alarming... "The Fed's about to try something that almost always has ended in recession" https://www.cnbc.com/2017/08/02/fed-balance-sheet-reduction-almost-always-ends-in-recession.html "Fed economist: 'No evidence that QE works' as central bank starts unwinding progr...
by jimtan
Fri Oct 06, 2017 1:07 pm
Forum: Real Estate Talks
Topic: Medium Term risks?
Replies: 62
Views: 2174

Re: Medium Term risks?

With a one-two-three punch, this could be the end of speculative fever in CoV... "Gregor Robertson proposes giving locals 1st shot at new condos Mayor suggests modelling policy on 2016 agreement in West Vancouver ... In an investigation last year, the Globe and Mail revealed major Vancouver dev...
by jimtan
Wed Oct 04, 2017 12:19 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4683
Views: 725557

Re: Vancouver indvidual property sales details

Right. Lots of inventory...
by jimtan
Tue Oct 03, 2017 11:45 am
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 8
Views: 1059

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

I'm glad that I live in CoV. Here's bad government in Surrey... "New rentals in Metro Vancouver a long time coming After decades of few apartments built in Lower Mainland, a rental recovery will take time ...  To wit, the grand opening of a new mixed-use apartment in downtown Cloverdale in Surr...
by jimtan
Sun Oct 01, 2017 8:14 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4683
Views: 725557

Re: Vancouver indvidual property sales details

What's with the whining?  :roll:
by jimtan
Wed Sep 27, 2017 7:08 am
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1464
Views: 306734

Re: Climate Warming is coming to BC

Take note... "The great nutrient collapse The atmosphere is literally changing the food we eat, for the worse. And almost nobody is paying attention.... But as the zooplankton experiment showed, greater volume and better quality might not go hand-in-hand. In fact, they might be inversely linked...
by jimtan
Mon Sep 25, 2017 8:10 am
Forum: Real Estate Talks
Topic: Medium Term risks?
Replies: 62
Views: 2174

Re: Medium Term risks?

So it begins... Canada First...

"Business Council of Canada Supports Bombardier in Boeing Fight"


https://www.bloomberg.com/news/articles ... eing-fight
by jimtan
Wed Sep 20, 2017 11:24 am
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 114
Views: 3907

Re: Are interest rates finally going to rise?

Here we go. One more rate hike for Fed Reserve in 2017. Three rate hikes in 2018. More important, is the unwinding of QA... "The Fed’s New Dot Plot" https://www.bloomberg.com/graphics/fomc-dot-plot/ "Fed won't stop cutting back on stimulus unless economy hits another big downturn, Yel...
by jimtan
Mon Sep 18, 2017 7:39 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 8
Views: 1059

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

Good for tenants. There's a program for 5-year transitional public funding. "B.C. NDP government bans corporate and union donations and introduces public subsidy for political parties" https://www.straight.com/news/968556/bc-ndp-government-bans-corporate-and-union-donations-and-introduces-...