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


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by reallyreal2
Mon Mar 12, 2018 7:12 pm
Forum: Real Estate Talks
Topic: The Money Pit Tax
Replies: 21
Views: 26106

Re: The Money Pit Tax

Permitting in Metro Van is a disgrace. There is no way to justify waiting 2 years for a what should be a basic permit for a SFH. 3-4 years to deliver a house is absurd.  Don't get me started on permitting delays.These government workers think a good paying job is a right. They get every second Frid...
by reallyreal2
Mon Mar 12, 2018 7:10 pm
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 72459

Re: Speculation tax ! Finally

This article nails it. The daft NDP has to stop attacking demand. We need more supply. Municipal approvals are way to slow. Their bottle neck is causing the price surges. The NDP  and Greens will kill real estate here and the economy.  https://biv.com/article/2018/03/foreigners-perspective-bc-budge...
by reallyreal2
Mon Mar 12, 2018 7:05 pm
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 72459

Re: Speculation tax ! Finally

NDP real estate tax no different than Trump's wall . It is utterly ridiculous: https://biv.com/article/2018/03/bc-housing-tax-tainted-trumpism-sam-sullivan?utm_source=BIV+Newsletters%2C+effective+July+1%2C+2017&utm_campaign=a2ebebc6e4-EMAIL_CAMPAIGN_2018_03_12&utm_medium=email&utm_term=0_c5e00a74ef...
by reallyreal2
Mon Mar 12, 2018 7:02 pm
Forum: Real Estate Talks
Topic: The Money Pit Tax
Replies: 21
Views: 26106

Re: The Money Pit Tax

Empty homes was never really an issue.  What the big issue was is AIR BNB, and of course jealousy.  A lot of these "empty homes" are homes waiting to get demoed and the city is taking a year to complete building permits.  From my personal experience, I have a client that has been waiting for approv...
by reallyreal2
Mon Mar 12, 2018 1:15 pm
Forum: Real Estate Talks
Topic: Trends for 2018
Replies: 17
Views: 28459

Re: Trends for 2018

Another year.  Seeing some familiar names pop up around here. Glad to see you all still alive and aggravating each other as always.  Hard to believe its been a decade since the last real correction around here.  What do you all see for 2018?  Little late in the year - spring seems to be off to a la...
by reallyreal2
Mon Mar 12, 2018 1:08 pm
Forum: Real Estate Talks
Topic: The Money Pit Tax
Replies: 21
Views: 26106

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 it looks like the numbers are coming in quite a bit lower than predicted! The city won't even give us a straight answer on how many properties ac...
by reallyreal2
Mon Mar 12, 2018 1:06 pm
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 72459

Re: Speculation tax ! Finally

NDP real estate tax no different than Trump's wall . It is utterly ridiculous: https://biv.com/article/2018/03/bc-housing-tax-tainted-trumpism-sam-sullivan?utm_source=BIV+Newsletters%2C+effective+July+1%2C+2017&utm_campaign=a2ebebc6e4-EMAIL_CAMPAIGN_2018_03_12&utm_medium=email&utm_term=0_c5e00a74ef...
by reallyreal2
Mon Mar 12, 2018 1:04 pm
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 72459

Re: Speculation tax ! Finally

This article nails it. The daft NDP has to stop attacking demand. We need more supply. Municipal approvals are way to slow. Their bottle neck is causing the price surges. The NDP  and Greens will kill real estate here and the economy.  https://biv.com/article/2018/03/foreigners-perspective-bc-budge...
by reallyreal2
Fri Mar 09, 2018 10:29 am
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 72459

Re: Speculation tax ! Finally

You sound like a socialist. Why should someone with a recreation home have to pay this tax? This is nothing more than a wealth or jealousy tax. It is not the private sector's job to provide rental housing. The NDP are going to kill this economy with their tax and spend policies. This is disgusting....
by reallyreal2
Fri Mar 09, 2018 8:43 am
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 72459

Re: Speculation tax ! Finally

I guess you didn't read the article or the Min of Finance Info sheet. I read it.   Like I said, I don't have sympathy for people that, like the article said, have a $1M recreational property with $100K in income - LOL. Sell the property or pay the tax - it's simple.  There is no devine right to own...
by reallyreal2
Thu Mar 08, 2018 1:02 pm
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 72459

Re: Speculation tax ! Finally

Sweet Lord, this is a twisted world view. You think everyone successful just steals money? You don't think personal sacrifice plays into this at all? How do you suppose you put yourself in the position to own rec property? How did this turn into a witch hunt to find and punish successful Canadians?...
by reallyreal2
Thu Mar 08, 2018 12:50 pm
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 72459

Re: Speculation tax ! Finally

Sure. But what about all the BCers that have vacation homes that may now incur this in some shape or form. I find two qualities of this tax patently absurd: - It applies to other Canadian provinces. - It potentially applies to BC residents with a vacation home. I completely disagree with punishing ...
by reallyreal2
Thu Mar 08, 2018 12:48 pm
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 58
Views: 53168

Re: Is the boom over?

ETB just assumes that things will continue on like they have always.... 
by reallyreal2
Thu Mar 08, 2018 12:46 pm
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 72459

Re: Speculation tax ! Finally

I guess you didn't read the article or the Min of Finance Info sheet. I read it.   Like I said, I don't have sympathy for people that, like the article said, have a $1M recreational property with $100K in income - LOL. Sell the property or pay the tax - it's simple.  There is no devine right to own...
by reallyreal2
Thu Mar 08, 2018 9:27 am
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 72459

Re: Speculation tax ! Finally

Squeeking wheels. Not sure anybody has too much sympathy for people that don't pay tax in BC with multiple properties with one sitting empty. I guess you didn't read the article or the Min of Finance Info sheet. I read it.   Like I said, I don't have sympathy for people that, like the article said,...
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