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


Search found 701 matches

  • 1
  • 2
  • 3
  • 4
  • 5
  • 47
by reallyreal2
Thu Feb 22, 2018 6:52 am
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 11
Views: 395

Re: Speculation tax ! Finally

more writing on the wall. I was afraid that the NDP would not live up to their promises but I have to say... they delivered. It couldn't have turned out any better that they needed Green party's support to win government. Weaver will keep them in check. I'm looking forward to see if they implement ...
by reallyreal2
Wed Feb 21, 2018 9:26 am
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 11
Views: 395

Re: Speculation tax ! Finally

Also: "The province also hopes to stave off speculation by closing real estate tax loopholes by requiring more compressive information regarding condo presales and beneficial ownership (sometimes referred to as ‘shadow ownership’). “Our housing market should not be treated like a stock market,...
by reallyreal2
Sat Jan 20, 2018 9:51 am
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 119
Views: 7538

Re: Are interest rates finally going to rise?

I know - because the ONLY thing anybody cares about is where rates are in relation to where they were when you bought.
by reallyreal2
Wed Jan 17, 2018 5:15 pm
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2262

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Writing is on the wall - some choose to ignore and others read.
by reallyreal2
Wed Jan 17, 2018 10:29 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2262

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

.....and since the increase has been announced, the local RE agents are crying.  LOL Who is more self centered than a "greatest place on earth" Vancouverite?  A real estate agent in Vancouver! They seem to not understand that increases in interest rates is good - it means the economy is do...
by reallyreal2
Wed Jan 17, 2018 9:35 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2262

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Well here is the first increase of the year - I stress first . http://business.financialpost.com/news/economy/bank-of-canada-raises-interest-rate-to-1-25-highest-in-almost-a-decade Banks and economists are saying that we can expect two more quarter point increases - then there is " some forecas...
by reallyreal2
Mon Jan 08, 2018 9:58 am
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 23
Views: 1714

Re: Is the boom over?

eyesthebye2 wrote:
reallyreal2 wrote:
We could just squat in Pt Grey mansions that aren’t being used.  The owners wouldn’t even notice LOL


Isn't there a policy that If you can squat for a year without being removed then you own the property?

Let's do it!  
by reallyreal2
Mon Jan 08, 2018 9:58 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2262

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Yes - but the US is increasing interest rates also.  So when the US increases rates, that tends to increase the US dollar... which makes our dollar go down.

you guys talk like we are raising rates in a vacuum - we're not.  

Like I said, I hope people can afford an increase in interest rates  :lol:
by reallyreal2
Sun Jan 07, 2018 8:55 pm
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 23
Views: 1714

Re: Is the boom over?

We could just squat in Pt Grey mansions that aren’t being used. The owners wouldn’t even notice LOL
by reallyreal2
Sun Jan 07, 2018 8:54 pm
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2262

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Yep - 4/5 banks predict a rate increase this month. The other in April.

Let’s go with hara and ETB’s prediction....LOL
by reallyreal2
Sat Jan 06, 2018 9:12 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2262

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Yah - that’s not how it works.

I hope you ready for .75% increase in 2018 because we are trending that way.
by reallyreal2
Fri Jan 05, 2018 9:54 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2262

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

http://vancouversun.com/news/economy/canadas-unemployment-rate-declines-to-lowest-in-four-decades/wcm/981965ed-9ae6-4375-9087-abd05b8f8c6e Well looks like the economy is on fire - who here is expecting another rate increase very soon? I am ... and looks like many others are also.  Canadian dollar is...
by reallyreal2
Thu Dec 28, 2017 6:46 pm
Forum: Real Estate Talks
Topic: Immigration has undoubtedly escalated housing prices in Vancouver, Toronto
Replies: 16
Views: 1036

Re: Immigration has undoubtedly escalated housing prices in Vancouver, Toronto

Immigration is only a quarter of the puzzle. The majority of the puzzle has to do with the class of immigrants coming here and their ability to circumvent our laws. Bitcoin is here to stay - those that think otherwise will miss an opportunity as big as buying Vancouver RE in 2005. And probably be cr...
by reallyreal2
Wed Dec 27, 2017 4:47 pm
Forum: Real Estate Talks
Topic: Shady Realtors Anecdotes
Replies: 103
Views: 6079

Re: Shady Realtors Anecdotes

http://vancouversun.com/news/local-news/panel-finds-west-vancouver-realtor-shahin-behroyan-committed-professional-misconduct My prediction is realtors are going to start crying any second now when we all know that they are all just a bunch of scam artists. Anyways, I hear a bunch of realtors complai...
by reallyreal2
Wed Nov 01, 2017 11:07 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2262

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

https://image.ibb.co/n6WXoG/A43381_BD_1_BF8_4521_9559_90_BA170_C615_D.jpg I’m going to go out on a limb and say that Canada and American will never raise interest rates to anything meaniningful EVER again. Its been to long on emergency rates. To much borrowing and it will crash the system to get of...
  • 1
  • 2
  • 3
  • 4
  • 5
  • 47