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


Search found 3198 matches

by jimtan
Mon Jun 26, 2017 7:01 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 2
Views: 155

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

Dear ETB, net worth is not the issue here. It's about the welfare of our society. I'm pointing out that Mayor Sunshine and his choir are doing a good job. There will be ample rentals and social housing.  Moreover, the NDP/Green government will be in alignment with Metro Vancouver. Good things are co...
by jimtan
Sun Jun 25, 2017 6:47 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 2
Views: 155

Why I am not afraid of being a renter!

Why I am not afraid of being a renter! Currently less than 1% vacancy for purpose built buildings. In the future, there's a lot of supply coming on line. You already know that a third of Cambie Corridor Phase 3 will be purpose built rentals.  http://www.realestatetalks.com/viewtopic.php?f=8&t=12...
by jimtan
Sat Jun 24, 2017 1:24 pm
Forum: Real Estate Talks
Topic: The Money Pit Tax
Replies: 1
Views: 119

Re: The Money Pit Tax

"The number of “under-occupied” homes in Vancouver has almost doubled in the past 15 years, from 12,885 to 25,495 dwellings, according to census data. So although some of those homes will be exempt from the tax, and even if some cheaters skirt the rules, it’s hard to imagine the city not raisin...
by jimtan
Thu Jun 22, 2017 6:40 am
Forum: Real Estate Talks
Topic: Are Canadians turning negative on immigration?
Replies: 29
Views: 605

Re: Are Canadians turning negative on immigration?

Definitely with stories circulating like this...

"CBC INVESTIGATES

Undercover investigation unmasks cash-for-jobs Chinese immigration scheme"

http://www.cbc.ca/news/canada/saskatche ... -1.4159137
by jimtan
Wed Jun 21, 2017 7:39 pm
Forum: Real Estate Talks
Topic: Hi Everybody!!
Replies: 34
Views: 674

Re: Hi Everybody!!

You can be a "Bear" and both sell and re enter the Market. Agreed. but at the end of day, jim has to account all the coins he got in his pocket to see if he is a winner or loser by timing market.  Vancouver  condo prices increasing over 2% per month since Jan 2017, it is not a good news f...
by jimtan
Wed Jun 21, 2017 12:59 pm
Forum: Real Estate Talks
Topic: Hi Everybody!!
Replies: 34
Views: 674

Re: Hi Everybody!!

You can be a "Bear" and both sell and re enter the Market. Say you sell a Single Family Home and re enter the market the next day with a smaller home, or a Condo. Provided the asset is not exactly the same as the one you divested your acquisition becomes a "Hedge" or "Pivot...
by jimtan
Wed Jun 21, 2017 11:56 am
Forum: Real Estate Talks
Topic: Hi Everybody!!
Replies: 34
Views: 674

Re: Hi Everybody!!

yzfr1 wrote:
jimtan wrote:
The worst thing is that you're a freaking hypocrite too. I feel dirty just talking to you.  :oops:


Finally, at least you admit you are a hypocrite.

There we are. Just like the moon man.  :roll:

You're on IGNORE.
by jimtan
Wed Jun 21, 2017 11:34 am
Forum: Real Estate Talks
Topic: Hi Everybody!!
Replies: 34
Views: 674

Re: Hi Everybody!!

The worst thing is that you're a freaking hypocrite too. I feel dirty just talking to you.  :oops:
by jimtan
Wed Jun 21, 2017 9:35 am
Forum: Real Estate Talks
Topic: Hi Everybody!!
Replies: 34
Views: 674

Re: Hi Everybody!!

This guy has no analytical ability. He posts a ton of hot air without empirical backing. Does not grasp strategy. Just lemmings. Monkey see, Monkey do. The last article he referenced (Post #38) was from 2015, while Poloz has just changed policy days ago. Are you a cherry picker, a dumbot, or a dumb ...
by jimtan
Wed Jun 21, 2017 8:00 am
Forum: Real Estate Talks
Topic: Hi Everybody!!
Replies: 34
Views: 674

Re: Hi Everybody!!

For those who aren't cheerleaders, the numbers matter... https://www.bloomberg.com/view/articles/2017-06-21/canada-s-housing-bubble-will-burst Look at the divergence in real RE prices (chart below) between USA and Canada after 2009. Look at the last steep spurt in 2015-16. That's me selling my False...
by jimtan
Tue Jun 20, 2017 3:37 pm
Forum: Real Estate Talks
Topic: Hi Everybody!!
Replies: 34
Views: 674

Re: Hi Everybody!!

CHILDREN... Please play nice. In answer to SEMVEN, Vancouver is a long term growth prospect. So, a long term investment will likely return an above average yield. The problem is the entry point. There's always someone buying at the top of the cycle. And, only a few buying at the bottom. That said, d...
by jimtan
Tue Jun 20, 2017 6:28 am
Forum: Real Estate Talks
Topic: Hi Everybody!!
Replies: 34
Views: 674

Re: Hi Everybody!!

Bring it on ... "Poloz Weighs the Sudden Urgency of a July Rate Hike in Canada ... In fact, by choosing to soften the ground last week during a deputy’s speech, Poloz is only fueling speculation he’s itching to move. If he wanted to raise rates later this year, then he could have set the stage ...
by jimtan
Tue Jun 20, 2017 5:38 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4593
Views: 701936

Re: Vancouver indvidual property sales details

There will be more than enough condo. Meanwhile, the detached ...
by jimtan
Mon Jun 19, 2017 8:41 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4593
Views: 701936

Re: Vancouver indvidual property sales details

Gregory Robertson, what a jack---. This must be an election year. He isn't listening to anyone but developers. You should run for elections. In the meantime, thank your lucky stars that the NPA is NOT the government. You might want to consider the net increase of 11k units in the Cambie Corridor......
by jimtan
Mon Jun 19, 2017 6:25 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4593
Views: 701936

Re: Vancouver indvidual property sales details

Gregory Robertson, what a jack---. This must be an election year. He isn't listening to anyone but developers. You should run for elections. In the meantime, thank your lucky stars that the NPA is NOT the government. You might want to consider the net increase of 11k units in the Cambie Corridor......