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


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by jimtan
Thu Dec 14, 2017 4:22 pm
Forum: Real Estate Talks
Topic: Medium Term risks?
Replies: 65
Views: 2797

Re: Medium Term risks?

As expected, Trump goes rogue. In areas beyond his competence, he makes high risk bets. The possible consequences are terrifying. Trump is gambling that the Palestinians will have no sponsors after he buys off the Saudi. Apparently not. There's the Muslim fundamentalists in Turkey and Egypt, As well...
by jimtan
Mon Dec 11, 2017 1:12 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 17
Views: 1799

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

No surprise here... "Province acts to stop landlords from raising rents based on higher rates in an area" https://www.straight.com/news/1006241/province-acts-stop-landlords-raising-rents-based-higher-rates-area Pity all those new owners of old apartment blocks. Being a landlord is never ea...
by jimtan
Fri Dec 08, 2017 8:50 am
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 1
Views: 232

Re: Is the boom over?

Looks like the market is stabilizing. Still, the anti-bubble measures have yet to take effect. This would be serious... "Mortgage Stress Test Could Eliminate 12% of Vancouver Buyers" http://vancitycondoguide.com/boc-financial-review/ "New mortgage stress test rules will block 50,000 p...
by jimtan
Mon Dec 04, 2017 8:38 pm
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 1
Views: 232

Is the boom over?

Steve has done his analysis... "Total Dollars Spent on Vancouver Real Estate Drops 15% This Year" http://vancitycondoguide.com/dollars-spent-vancouver-real-estate/ An important indicator is the lack of momentum in detached housing in land scarce Vancouver. See the attached chart. Dollar sa...
by jimtan
Mon Nov 27, 2017 10:03 pm
Forum: Real Estate Talks
Topic: Medium Term risks?
Replies: 65
Views: 2797

Re: Medium Term risks?

As I have pointed out repeatedly, the time will come when the tide will turn. There is now so much anguish that there is a political backlash. The politicians have discovered the will to act. The first chart shows the dramatic improvement in 2016 housing starts. The Federal and provincial government...
by jimtan
Fri Nov 24, 2017 1:12 am
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 17
Views: 1799

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

As I have pointed out repeatedly, the time will come when the tide will turn. There is now so much anguish that there is a political backlash. The politicians have discovered the will to act. The first chart shows the dramatic improvement in 2016 housing starts. The Federal and provincial government...
by jimtan
Tue Nov 21, 2017 9:27 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 7
Views: 464

Re: Did The Vancouver Foreign Buyers Tax Work?

Bye Bye

"Foreign buyers overlooking Vancouver, heading to Seattle at 'frenetic' pace"

http://www.cbc.ca/news/canada/british-c ... -1.4398594
by jimtan
Fri Nov 17, 2017 9:29 am
Forum: Real Estate Talks
Topic: Medium Term risks?
Replies: 65
Views: 2797

Re: Medium Term risks?

As our Steve notes, debt is thru the roof... "Canadian HELOC Debt up 500% since the Year 2000" http://vancitycondoguide.com/canadian-heloc-debt/ "Canada Accumulating Private Debt Faster Than Any Advanced Economy" http://vancitycondoguide.com/canada-accumulating-private-debt/ Facts
by jimtan
Tue Nov 14, 2017 8:46 am
Forum: Real Estate Talks
Topic: OSFI - Nee Mortgage Rules
Replies: 4
Views: 421

Re: OSFI - Nee Mortgage Rules

"Canada’s Housing Agency Targets Shadow Lenders as Debt Ratios Rise ... Insured mortgages in the two most expensive housing markets are dropping, Siddall said. In Toronto, insured loans comprised 16 percent of the market last year, compared to 27 percent in 2010 and in Vancouver, those figures ...
by jimtan
Fri Nov 10, 2017 8:50 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 115
Views: 4958

Re: Are interest rates finally going to rise?

"It's begun: Fed's unwinding of its epic balance sheet officially showing up in the data ... It's just the leading edge of more to come as the Fed gradually ramps up its effort to "normalize" its balance sheet. The Fed hasn't explicitly said what level it's aiming for, only that it wi...
by jimtan
Sat Nov 04, 2017 9:43 am
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 17
Views: 1799

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

It must be bad when a weak bull crack like a rotten egg. Hope he didn't buy near the high.  :roll: Meanwhile, back on topic. Thousands of units will be returned to genuine renters. "Yaletown condo strata files class-action lawsuit against Airbnb Suit alleges the site has profited from unauthori...
by jimtan
Fri Nov 03, 2017 6:58 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 17
Views: 1799

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

Once again, a demonstration that yz is analytically challenged. But, he does have a certain rudeness that is impressive for a yahoo.
by jimtan
Thu Nov 02, 2017 9:08 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 17
Views: 1799

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

CoV is doing a great job on condo...

viewtopic.php?f=8&t=129673

Meanwhile...
by jimtan
Fri Oct 27, 2017 8:22 pm
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1465
Views: 311010

Re: Climate Warming is coming to BC

Heads Up ... "China Fossil Fuel Deadline Shifts Focus to Electric Car Race ... The world’s second-biggest economy, which has vowed to cap its carbon emissions by 2030 and curb worsening air pollution, is the latest to join countries such as the United Kingdom and France seeking to phase out veh...
by jimtan
Sun Oct 15, 2017 7:51 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 17
Views: 1799

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...