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


Search found 15 matches

by pricedout
Sat Jun 17, 2017 5:48 pm
Forum: Real Estate Talks
Topic: Bombshell for some Airbnb users
Replies: 35
Views: 11254

Re: Bombshell for some Airbnb users

Its a sherlock moment.  People actually in Vancouver know that for as long as one can remember, Canada doesnt have the filthy loans like they do in America. Have you seen this news piece? http://vancouversun.com/news/local-news/vancouver-real-estate-in-the-red Risky mortgages, shadow bankers threat...
by pricedout
Sat Oct 22, 2016 12:24 am
Forum: Real Estate Talks
Topic: National Bank prediction on Vancouver real estate prices
Replies: 8
Views: 2730

National Bank prediction on Vancouver real estate prices

Saw this on Global. Does anyone buy this?

Vancouver home prices to fall as much as 20 per cent

Report from National Bank

I'm not quite sure. Many people have said the sky is falling too many times that it is hard to believe anyone anymore.
by pricedout
Sun Feb 15, 2015 9:46 am
Forum: Real Estate Talks
Topic: Framework by Porte
Replies: 4
Views: 3809

Framework by Porte

Does anyone have any information/comment on Framework by Porte Development? Does the builder have a track record for quality construction? Any comments on the location of the condos? I think the location is cool (historic, close to bike routes etc) but I don't know how it would be to live there, hav...
by pricedout
Thu Oct 09, 2014 1:56 pm
Forum: Real Estate Talks
Topic: A moderate view of the coming correction.
Replies: 31
Views: 12066

Re: A moderate view of the coming correction.


the sheeple masses
Relevant xkcd :D :
https://xkcd.com/1013/

Image
by pricedout
Thu Oct 02, 2014 1:12 pm
Forum: Real Estate Talks
Topic: Why top Canadian cities are winners?
Replies: 19
Views: 7577

Re: Why top Canadian cities are winners?

Imho the whole thing is a potentially a giant house of cards.. This aint 2003 or 2008 anymore folks, you live by todays purchase price, not yesterdays. http://www.cbc.ca/player/News/Business/ID/2538631423/ Here is someone's prediction about the housing bubble. All the previous predictions of an imm...
by pricedout
Wed Sep 17, 2014 5:57 pm
Forum: Real Estate Talks
Topic: Chinese millionaire migration to BC - the hard data
Replies: 9
Views: 4257

Re: Chinese millionaire migration to BC - the hard data

I don't think anybody is questioning the fact that the run up in home prices in the last last decade or so was influenced at least partly by investor immigration, it appears primarily from China, Taiwan and Hong Kong. And I'm not debating the tight correlation of 0.94 between international immigrati...
by pricedout
Wed Sep 17, 2014 5:23 pm
Forum: Real Estate Talks
Topic: 47 percent of Chinese millionaires plan to emigrate
Replies: 11
Views: 4457

Re: 47 percent of Chinese millionaires plan to emigrate

Is a Chinese investor immigrant that comes to Canada via the Quebec provincial program, and then beelines straight to Vancouver, counted as "an immigrant from Quebec to BC"? I don't know when someone is counted as an official resident of a particular province - perhaps when they file a federal tax ...
by pricedout
Tue Sep 16, 2014 7:26 pm
Forum: Real Estate Talks
Topic: 47 percent of Chinese millionaires plan to emigrate
Replies: 11
Views: 4457

Re: 47 percent of Chinese millionaires plan to emigrate

I took a look at the statistical data on immigrants who came to BC via the investor and entrepreneur categories. Here is a historic chart. Data Source: http://bcstats.gov.bc.ca/StatisticsBySubject/Demography/Mobility.aspx IEBC.jpg As you can see there seems to be significant drop in the investor cat...
by pricedout
Tue Jul 15, 2014 9:24 am
Forum: Real Estate Talks
Topic: Why the Chinese Are Snapping Up Real Estate in the U.S.
Replies: 5
Views: 4938

Re: Why the Chinese Are Snapping Up Real Estate in the U.S.

Apparently the reporter who broke the story about the BoC corruption was himself taken away on a corruption probe Leading CCTV broadcaster Rui Chenggang taken from studio and detained in graft probe Rui Chenggang's sudden departure leaves an empty chair during a Friday night broadcast A leading anc...
by pricedout
Tue Jul 15, 2014 9:09 am
Forum: Real Estate Talks
Topic: Why the Chinese Are Snapping Up Real Estate in the U.S.
Replies: 5
Views: 4938

Re: Why the Chinese Are Snapping Up Real Estate in the U.S.

Here are some news items that sheds more light into the property buying spree in the US, Australia and Canada: BOC admits loophole in overseas transfers Bank of China (3988) has admitted there is a loophole in its system that helps rich mainlanders move massive amounts of capital overseas, and more...
by pricedout
Thu May 22, 2014 10:26 am
Forum: Real Estate Talks
Topic: Unicas.... I heard that there are new Chinese policies...
Replies: 18
Views: 6184

Re: Unicas.... I heard that there are new Chinese policies..

A crash in the Chinese real estate market has been in the news in the US for the last couple of months. Like someone said, it has been said before. Who knows if it this time is for real? Here are some recent reports http://www.scmp.com/comment/blogs/article/1517258/china-real-estate-now-dubai-crash ...
by pricedout
Thu May 22, 2014 10:20 am
Forum: Real Estate Talks
Topic: Why have your conclusions been so wrong for so long?
Replies: 65
Views: 29880

Re: Why have your conclusions been so wrong for so long?

The "unified boom" theory, I am not sure exactly what that is. But let me tell you, the rich are getting richer, and the middle class and poor are getting crucified right now. The rich are doing well because they have real estate and have the means to acquire more. Everyone else is getting gutted b...
by pricedout
Wed Apr 16, 2014 6:27 pm
Forum: Real Estate Talks
Topic: Why have your conclusions been so wrong for so long?
Replies: 65
Views: 29880

Re: Why have your conclusions been so wrong for so long?

Fair enough Priced Out. Many people are priced out unfortunately. I don't know of anyone bull or bear who thinks that is a good situation for anybody to be in. Your statement: I agreed with the bears' analysis that the price increases were not in line with the economic activity that we saw around u...
by pricedout
Mon Mar 17, 2014 9:39 am
Forum: Real Estate Talks
Topic: Why have your conclusions been so wrong for so long?
Replies: 65
Views: 29880

Re: Why have your conclusions been so wrong for so long?

Okay, I'm not a bear who did any analysis or posted much on the forum, but I did follow the discussions on here for many years (Post HTM, so the Johnny Horton times) as an observer. I agreed with the bears' analysis that the price increases were not in line with the economic activity that we saw aro...