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


Search found 31 matches

by vwrider
Tue Aug 11, 2015 10:56 am
Forum: Real Estate Talks
Topic: Cad/cny
Replies: 87
Views: 18947

Re: Cad/cny

Property taxes in Vancouver are the lowest in Canada - standard English The City of Vancouver finance department must love you. They've successfully hypnotized you into believing it! While you may think your taxes are based on assessed value, the City has this thing called a mill rate. They can and...
by vwrider
Tue Aug 11, 2015 7:49 am
Forum: Real Estate Talks
Topic: Mark my words .. RE will drop between now and post election
Replies: 138
Views: 42331

Re: Mark my words .. RE will drop between now and post elect


Satisfied?
I think you've carefully worded your position here that if the market tanks, you're right. If the market goes up, you weren't wrong either. That's all. In terms of managing your personal financial portfolio, I believe you are smarter than the average person.
by vwrider
Tue Aug 11, 2015 7:40 am
Forum: Real Estate Talks
Topic: Cad/cny
Replies: 87
Views: 18947

Re: Cad/cny

I'm with Geyser on this one. I don't really understand the logic of thinking you are paying lower taxes when in fact you are paying more in terms of dollars. I own a 4000sqft home with a basement suite. 3 showers, 2 washing machines, 2 dishwashers and two families using up water on a metered rate. W...
by vwrider
Mon Aug 10, 2015 1:21 pm
Forum: Real Estate Talks
Topic: Cad/cny
Replies: 87
Views: 18947

Re: Cad/cny

Flat rate in vancouver? I live in abbotsford an pay on a metered rate. I have a SFH with a suite and my bimonthly bill for water and sewer is $90. It works out to be around $550 per year for water/sewer. If I am reading your link correctly, the taxes paid in Vancouver would be $1195 for a similar ho...
by vwrider
Mon Aug 10, 2015 8:00 am
Forum: Real Estate Talks
Topic: Mark my words .. RE will drop between now and post election
Replies: 138
Views: 42331

Re: Mark my words .. RE will drop between now and post elect

Geyser sure does choose his words carefully. Just admit it, you've turned into a well-written variant of Taipan! Fear mongering and charting and always carefully followed up with not knowing when it will happen. Is it the ability to back track 5 years down the road and not admit being wrong?? At som...
by vwrider
Wed Jul 22, 2015 11:38 am
Forum: Real Estate Talks
Topic: Mark my words .. RE will drop between now and post election
Replies: 138
Views: 42331

Re: Mark my words .. RE will drop between now and post elect

So properties in Vancouver will go back to selling for original asking price?
by vwrider
Mon Sep 16, 2013 9:43 am
Forum: Real Estate Talks
Topic: Exit strategies
Replies: 21
Views: 8463

Re: Exit strategies for Vancouver real estate market

Here is why you don't want to be a landlord in Abbotsford: http://vancouver.en.craigslist.ca/rds/apa/4064034252.html A quick perusal of CL shows that this place has been available for going on a month now. $1550 dropped to $1400 and still has not been rented. It's about risk-rated return. Whether i...
by vwrider
Thu Apr 25, 2013 9:22 am
Forum: Real Estate Talks
Topic: Record household debt could spell Canada's undoing
Replies: 154
Views: 46227

Re: Record household debt could spell Canada's undoing

Legal suites in east abbotsford paying 1/2 of their mortgage or more. Color in another huge portion of this with non-legal suites collecting rent, ect. IMO this is one reason prices haven't or will not crash drastically. Does Greater vancouver have similiar housing units? Who said anything about a ...
by vwrider
Thu Apr 25, 2013 8:13 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1391827

Re: Vancouver indvidual property sales details

WhipMaster, where is the avatar? Make it official.
by vwrider
Sat Apr 06, 2013 2:28 pm
Forum: Real Estate Talks
Topic: 4 Bedroom in Abbotsford for $298000
Replies: 11
Views: 8841

Re: 4 Bedroom in Abbotsford for $298000

only you and unicas hate abbotsford. East abbotsford is nice, but I wouldn't touch a rental in central abby.
by vwrider
Wed Mar 13, 2013 11:44 am
Forum: Real Estate Talks
Topic: Great article!!!
Replies: 2
Views: 2008

Re: Great article!!!

Clicked on this one at the bottom of the same article and had a good chuckle...

http://thetyee.ca/Views/2008/11/20/BoomCrash/
by vwrider
Wed Feb 27, 2013 12:44 pm
Forum: Real Estate Talks
Topic: TV Show Property Brothers
Replies: 27
Views: 18127

Re: TV Show Property Brothers

I now truly believe you are simply a troll. Nobody with the intellect and analytical skills you profess to possess, can continue to post data and graphs that are years old. Teranet 2009...really??? The chart is updated to 2011. You didn't even bother to read the chart. 2009 is where taipan made his...
by vwrider
Tue Feb 05, 2013 9:31 am
Forum: Real Estate Talks
Topic: January 2013 stats for REBGV
Replies: 15
Views: 4475

Re: January 2013 stats for REBGV


And to all the people that bought in 2012, many are already underwater. Too bad so many people are digging a big hole for themselves.
Are you assuming everyone is a FTB with a small down payment?
by vwrider
Fri Nov 09, 2012 8:32 am
Forum: Real Estate Talks
Topic: October 2012 stats are out.
Replies: 40
Views: 10581

Re: October 2012 stats are out.

I'm a bit out of date on this because i no longer have an in-home office but unless they've recently relaxed the rules any portion of your home which is used for commercial purposes (rental suite, office, commercial storage, etc.) can have some if its costs claimed as an expense but that percentage...
by vwrider
Thu Nov 08, 2012 11:52 pm
Forum: Real Estate Talks
Topic: October 2012 stats are out.
Replies: 40
Views: 10581

Re: October 2012 stats are out.

VW, Yes, Vancouver homes are ridiculously expensive. I'm sure the Fraser Valley makes sense. But if Greater Vancouver corrects, it will eventually affect the Valley too. It's cheaper to rent anywhere in the GVRD than to buy. I know it's always been more to own, but now it's worse than ever. Large p...