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


Search found 18523 matches: Vancouver

Searched query: +Vancouver

by jimtan
Mon Aug 12, 2019 8:42 pm
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1478
Views: 411900

Re: Climate Warming is coming to BC

... and tropical storms in late summer. You have to ask yourself, “Where is a safe refuge?” Everyplace will be affected by climate change. Even Vancouver will be affected by wildfire haze and water shortages. I started this thread in 2012, as an educational service. Even then, I anticipated ...
by jimtan
Thu Jun 27, 2019 8:21 am
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 15
Views: 5388

Re: Did The Vancouver Foreign Buyers Tax Work?

Yes, the government intervention has been successful. Foreign buyers out... "This West Vancouver mansion just sold for less than half its asking price. It’s not the only one" https://globalnews.ca/news/5314158/homes-west-vancouver-selling-discounts/ Not surprising, ...
by jimtan
Sun Jun 09, 2019 3:42 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 15
Views: 5388

Re: Did The Vancouver Foreign Buyers Tax Work?

Here's something from Saretsky…


"Pre-Sale Absorption Rate Drops to 20% Prompting Developers to Cancel Projects"

https://stevesaretsky.com/pre-sale-abso ... -projects/

Looks like it's all working as planned.
by jimtan
Sun May 26, 2019 5:19 am
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 15
Views: 5388

Re: Did The Vancouver Foreign Buyers Tax Work?

Hard to believe that the amount is so large, but...

"Money laundering funded $5.3B in B.C. real estate purchases in 2018, report reveals"

https://www.cbc.ca/news/canada/british- ... -1.5128769
by jimtan
Sun Apr 07, 2019 11:30 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 15
Views: 5388

Re: Did The Vancouver Foreign Buyers Tax Work?

This will possibly have an equally great impact … tax evasion and money laundering.

"B.C. introduces law to prevent money laundering, tax evasion in real estate"

https://www.cbc.ca/news/canada/british- ... -1.5082253
by jimtan
Tue Mar 12, 2019 6:40 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 15
Views: 5388

Re: Did The Vancouver Foreign Buyers Tax Work?

Clear target here... "Over 11% of Vancouver condos have a non-resident owner, says new CMHC report … Tom Davidoff, the director of UBC's Centre for Urban Economics and Real Estate, says the report confirms what everyone already knows. "It's ...
by pigvomit
Tue Feb 19, 2019 8:42 pm
Forum: Real Estate Talks
Topic: The New Great Depression.
Replies: 4
Views: 1279

The New Great Depression.

There is a New Great Depression on it’s way. This will dwarf 2007 Great Recession. Our Vancouver market was based on Quanatative Easing and Dirty and Black money from China. People believe they were rich because of how much their houses were now “worth”, more than ...
by jimtan
Fri Feb 08, 2019 7:53 am
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 15
Views: 5388

Re: Did The Vancouver Foreign Buyers Tax Work?

Yah! A combination of measures means ….. party!!!! "Vancouver Detached Market Climbs to 15 Months Worth of Inventory … When studying comparable sales it is safe to conclude luxury home prices are about 25% lower than peak prices achieved back in early ...
by ozzie
Wed Jan 30, 2019 1:13 pm
Forum: Real Estate Talks
Topic: This Is Why I Have This Date Marked On My Calendar
Replies: 0
Views: 706

This Is Why I Have This Date Marked On My Calendar

... the “trade of the century.” In a nutshell, I want the details, which is why I’ll be attending the World Outlook Conference at the Westin Bayshore, Vancouver next Friday, Feb. 1st and Saturday, Feb 2nd . Oh yeah, I’m going to be speaking too. There’s some incredibly important things going on in ...
by jimtan
Wed Dec 19, 2018 7:57 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 15
Views: 5388

Re: Did The Vancouver Foreign Buyers Tax Work?

... said that lawyer Peter German also didn't know about the report, which purported that crime networks funnelled more than $1 billion through the Vancouver real-estate market in 2016..." https://www.straight.com/news/1177466/attorney-general-david-eby-never-knew-about-rcmps-secret-report-money-laundering-until
by jimtan
Tue Dec 11, 2018 2:28 pm
Forum: Real Estate Talks
Topic: Chinese going to come down hard on Vancouver
Replies: 1
Views: 1298

Re: Chinese going to come down hard on Vancouver

One family (not real permanent residents) own $16m worth of SFH! This won't help the local speculators …

"Detached home prices are descending rapidly in Vancouver"

https://www.straight.com/news/1176056/d ... -vancouver
by Austin
Sat Dec 08, 2018 10:02 pm
Forum: Real Estate Talks
Topic: Chinese going to come down hard on Vancouver
Replies: 1
Views: 1298

Chinese going to come down hard on Vancouver

https://www.yahoo.com/finance/news/chin ... 14692.html

If they're going to punish us, why not pulling back on Vancouver investment? We just sent out a signal that we're going to arrest Chinese folks with grey money.
by jimtan
Thu Dec 06, 2018 7:57 pm
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1478
Views: 411900

Re: Climate Warming is coming to BC

As a follow up to the previous post, there are consequences for the Vancouver waterfront. That's why I moved away from False Creek. At King Tide, the water is already within a coupe of feet from street level. Some carparks are going to get flooded. "King tide ...
by reallyreal2
Thu Nov 08, 2018 10:03 am
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 57
Views: 13072

Re: Is the boom over?

... they also complain against interest rates going up because the only thing in the world that the Bank of Canada should care about is RE prices in Vancouver LOL. But you are right, with limited land and best place on earth and immigration etc - prices can't go down. It is nice to see websites popping ...
by jimtan
Wed Oct 10, 2018 7:21 am
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 57
Views: 13072

Re: Is the boom over?

While the bulls erase their posts, here's something to chew on … "Vancouver Detached Average Sales Price Sinks 19.7% in September … Price declines are becoming more prominent. The average sales price of a detached home in Vancouver registered a 19.7% decline ...