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


Search found 286 matches

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by yzfr1
Mon Mar 19, 2018 8:56 am
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 49
Views: 3811

Re: Is the boom over?

https://thinkpol.ca/2018/03/16/nearly-3 ... -february/


Even with all the doom and gloom I cant believe so many multi million dollar units are still moving.

In Feb 3 listings that sold stood out

12 million
18 million
17 million
by yzfr1
Fri Mar 09, 2018 9:49 am
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 2788

Re: Speculation tax ! Finally

Getting to complicated, this is not a problem thats isolated to Vancouver and BC Liberals. They have the same problem in Toronto and other countries all over the world. Bottom line is people want things to happen to fit their own agendas and narratives. No one gives a crap about the low income earne...
by yzfr1
Thu Mar 08, 2018 1:31 pm
Forum: Real Estate Talks
Topic: Speculation tax ! Finally
Replies: 75
Views: 2788

Re: Speculation tax ! Finally

I would assume guys like Reallyreal have been frustrated towards the housing market for sometime. The frustration leads to allot of irrational thinking. “Can’t make a omelet without breaking a few eggs” “desperate times call for desperate measure” Similar to what we are seeing in the states, allot o...
by yzfr1
Mon Feb 19, 2018 7:36 am
Forum: Real Estate Talks
Topic: Immigration has undoubtedly escalated housing prices in Vancouver, Toronto
Replies: 16
Views: 1721

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

yz - No feelings hurt at all, just called it as it is. A lot of your posts have a condescending tone to it and you make it seem like you know a lot about everything. But looking at your post on Technical analysis, it's quite apparent that you know very little about the subject even though you make ...
by yzfr1
Sun Feb 11, 2018 8:30 am
Forum: Real Estate Talks
Topic: Immigration has undoubtedly escalated housing prices in Vancouver, Toronto
Replies: 16
Views: 1721

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

Vanbullbear looks like feelings were hurt during the creation of this post. " but markets will impulse and make new highs after the correction. " based on what? this is my main point ive been trying to get across to you. Why does bitcoin need to reach new heights after each correction? Are...
by yzfr1
Thu Feb 08, 2018 9:06 am
Forum: Real Estate Talks
Topic: Immigration has undoubtedly escalated housing prices in Vancouver, Toronto
Replies: 16
Views: 1721

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

Lets backtrack here, I claimed that Bitcoin was a bubble, you said that it was market consolidation and a correction. I rebutted with “check the chart again” https://i.imgur.com/QHCK1zd.jpg http://bitcoinist.com/wp-content/uploads/2014/12/3.png If what happened to Bitcoin in the past few months is n...
by yzfr1
Sun Jan 28, 2018 8:02 am
Forum: Real Estate Talks
Topic: Immigration has undoubtedly escalated housing prices in Vancouver, Toronto
Replies: 16
Views: 1721

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

Wow you guys are so smart with your investments, I especially love the risk management! All this is hindsight and speculation on the reason behind the price movement. To sum up the driving force into 1 variable such as immigration is grossly oversimplified. Everyone is a genius in these forums lol....
by yzfr1
Wed Jan 17, 2018 1:07 pm
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 3148

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 d...
by yzfr1
Thu Dec 28, 2017 7:22 pm
Forum: Real Estate Talks
Topic: Immigration has undoubtedly escalated housing prices in Vancouver, Toronto
Replies: 16
Views: 1721

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...
by yzfr1
Thu Dec 28, 2017 10:20 am
Forum: Real Estate Talks
Topic: Immigration has undoubtedly escalated housing prices in Vancouver, Toronto
Replies: 16
Views: 1721

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

Lol it took such a in-depth study to observe the obvious? If it was cheap credit and low interest rates / speculation that caused the hosing price increase you would have seen bubbles formed all across Canada. The interest rate is set federally and the money supply can flow freely across the provinc...
by yzfr1
Wed Dec 13, 2017 7:34 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 802334

Re: Vancouver indvidual property sales details

A land assembly of three single-family lots has sold for over $10 million, The assembly includes three Vancouver Special-style homes built in 1979, each with five bedrooms and three baths. The 10,887 square feet of land was acquired for its multi-family development potential. The properties are loca...
by yzfr1
Fri Nov 03, 2017 9:09 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 26
Views: 3986

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

Once again, a demonstration that yz is analytically challenged. But, he does have a certain rudeness that is impressive for a yahoo. You are both dumb and born stupid. You posted pics with no citation or source, you are definitely not educated. Again what does Vancouver west have to do with anythin...
by yzfr1
Fri Nov 03, 2017 7:52 am
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 26
Views: 3986

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

If you read the article, they mayor only promises to add 4,000 affordable units pending public consultation. Key word is promise. But its ok you need some hope otherwise you might just jump off a bridge. Meanwhile you are still a idiot, not sure what a picture of Vancouver west detached has to do wi...
by yzfr1
Thu Nov 02, 2017 6:05 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 26
Views: 3986

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

http://www.cbc.ca/news/politics/immigra ... -1.4371146

1 million new immigrants coming to Canada in the next 3 years. Good luck fighting for the 1% of vacancy with the hundreds of thousands heading into Vancouver.
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