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


Search found 67 matches

by RiskArb
Thu Nov 24, 2011 5:21 pm
Forum: Real Estate Talks
Topic: Super Rich Chinese Buying in Vancouver
Replies: 13
Views: 5549

Re: Super Rich Chinese Buying in Vancouver

Good find SethM. I was just about to post the article having read it in the South China Morning Post this morning. I found this particular passage concerning "I wanted access to the education system and health care of a developed country," says Li, 43, whose other businesses include a large private ...
by RiskArb
Tue Nov 22, 2011 11:20 pm
Forum: Real Estate Talks
Topic: Migrant real estate investments soar
Replies: 9
Views: 2743

Re: Migrant real estate investments soar

you can extrapolate any which way you like and you get a pretty big number Number line goes negative. Not anytime soon. The floodgates haven't opened yet (RMB exchange controls remain in effect); We're only seeing the trickles here and there, most of it from the grey market and that's the scary thi...
by RiskArb
Tue Nov 22, 2011 7:02 pm
Forum: Real Estate Talks
Topic: Migrant real estate investments soar
Replies: 9
Views: 2743

Re: Migrant real estate investments soar

$300MM... that's barely 10 west side properties. Alas prognosticators cum closet number theory expertise opine that a big number times another big number is a very big number indeed. Yes, And they'd be correct. If I know one person that's bringing in $300mm from ONE family, you can extrapolate any ...
by RiskArb
Tue Nov 22, 2011 4:24 pm
Forum: Real Estate Talks
Topic: Migrant real estate investments soar
Replies: 9
Views: 2743

Re: Migrant real estate investments soar

^ There have been a few well-studied editorials in HK as of late pinning that policy to the dramatic rise of mainland property investment (to buy citizenship) and exorbitant cost of HK homeownership. 15-20% of total purchases in the past 2 years have been from mainlanders and they're more than 50% o...
by RiskArb
Tue Nov 22, 2011 4:14 pm
Forum: Real Estate Talks
Topic: What would you buy in Kits?
Replies: 12
Views: 3528

Re: What would you buy in Kits?

I wouldn't buy anywhere right now!

I'm sure if you post more specifics of the unit/pricing/location, you'll get a more thought-through response ;)
by RiskArb
Wed Oct 12, 2011 9:15 am
Forum: Real Estate Talks
Topic: Abbotsford - Buying what areas to avoid?
Replies: 12
Views: 5398

Re: Abbotsford - Buying what areas to avoid?

The sheer amount of obstinacy and intellectual conceit on this forumboard (in both directions) suggests the good lot of you are horrible investors! It begs the question, then, why you're posting here. I used to peruse the forum more frequently when there were more market-representative views on the...
by RiskArb
Wed Oct 12, 2011 9:04 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1368774

Re: Vancouver indvidual property sales details

considering your high class financial job (in BJ right?) you yourself should understand that its about supply and demand.
"Supply and Demand".... yeah I've heard about that but don't really know much. Can you elaborate for me?
by RiskArb
Tue Oct 11, 2011 9:39 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1368774

Re: Vancouver indvidual property sales details

2nd example 6632 SHERBROOKE ST MLS® V910697 32x122 lot 2336sqft unspectacular Vancouver special built 1976 Asking $948,000 SOLD for $933,000 on 20-Sept after 6 days on the market Totally renovated house in 'Vancouver South' area. Owner 3 years ago has spent $$$ in updating & renovating the house: s...
by RiskArb
Tue Oct 11, 2011 8:37 am
Forum: Real Estate Talks
Topic: Abbotsford - Buying what areas to avoid?
Replies: 12
Views: 5398

Re: Abbotsford - Buying what areas to avoid?

FPO - none of my business.... you didn't ask.... and I'd caution anyone from taking advice from strangers on this forum....... BUT ..... recommend your friend does not go ahead with the purchase. I think there's a 60%+ chance the Vancouver market corrects 10-20% over the next year.... and Abby will...
by RiskArb
Tue Oct 11, 2011 12:31 am
Forum: Real Estate Talks
Topic: Abbotsford - Buying what areas to avoid?
Replies: 12
Views: 5398

Re: Abbotsford - Buying what areas to avoid?

FPO - none of my business.... you didn't ask.... and I'd caution anyone from taking advice from strangers on this forum....... BUT ..... recommend your friend does not go ahead with the purchase. I think there's a 60%+ chance the Vancouver market corrects 10-20% over the next year.... and Abby will ...
by RiskArb
Mon Oct 10, 2011 3:06 pm
Forum: Real Estate Talks
Topic: my premise holds: Vancouver RE tracks GLD/Stocks/Oil
Replies: 38
Views: 6342

Re: my premise holds: Vancouver RE tracks GLD/Stocks/Oil

Chinese growth has an outsized influence on our prices. This is hardly a 'myth', you merely need to point to ours, Toronto's, and Sydney's demographics and the correlation to real estate prices to recognize this. Every indication is that Chinese growth is currently stalling, so the inevitable pullb...
by RiskArb
Sun Oct 09, 2011 6:18 pm
Forum: Real Estate Talks
Topic: my premise holds: Vancouver RE tracks GLD/Stocks/Oil
Replies: 38
Views: 6342

Re: my premise holds: Vancouver RE tracks GLD/Stocks/Oil

Chinese growth has an outsized influence on our prices. This is hardly a 'myth', you merely need to point to ours, Toronto's, and Sydney's demographics and the correlation to real estate prices to recognize this. Every indication is that Chinese growth is currently stalling, so the inevitable pullb...
by RiskArb
Fri Sep 30, 2011 8:45 pm
Forum: Real Estate Talks
Topic: Surrey Central & Olympic Village Real Estate is Selling Well
Replies: 24
Views: 8584

Re: Surrey Central & Olympic Village Real Estate is Selling

I drove by Surrey Central in the summer and did a walk around of a few resi developments ..... surprised and impressed. Vibrant. Young demographic. Good infrastructure. Excellent leisure and retail options. High density commercial zoning (and hopefully more to come).... great ethnic food on the frin...
by RiskArb
Mon Aug 29, 2011 5:02 pm
Forum: Real Estate Talks
Topic: Vancouver RE or Sino Forest shares?
Replies: 6
Views: 2700

Re: Vancouver RE or Sino Forest shares?

I never touched Sino Forest. I was thinking back to all those "Chinese innovation will rule the world" threads we've seen over the past year, and you know, it was pretty innovative of them to fake entire forests to make a buck. But then I realized that this is just Bre-X all over again (insert wood...
by RiskArb
Thu Aug 11, 2011 4:26 pm
Forum: Real Estate Talks
Topic: RET Meet - Week of August 7th?
Replies: 6
Views: 3226

Re: RET Meet - Week of August 7th?

For the enquiring minds, the meet was a success...... had a few fisticuffs but managed to tone it down before the police showed up. Too bad more of you frequent posters couldn't have made it out....... especially the chilled out ones [and those who post the same dogmatic sh*t each day..... always fu...