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


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by HomelessinSD
Thu Sep 08, 2011 9:08 am
Forum: Real Estate Talks
Topic: Chinese companies widen net on Canadian investment
Replies: 12
Views: 3639

Re: Chinese companies widen net on Canadian investment

homelessinSD posts: from January 2008 to November 08: 6 posts in November 2010: 8 posts since January 2011: 114 since May 2011: 54 What changed for you this year? I'm not seeing your connection Homeless - but the same analysis could apply to your pattern of posting. I'll get to your question is a s...
by HomelessinSD
Wed Sep 07, 2011 2:43 pm
Forum: Real Estate Talks
Topic: Chinese companies widen net on Canadian investment
Replies: 12
Views: 3639

Re: Chinese companies widen net on Canadian investment

I've never met anyone yet who would be willing to pay $900 (vs $650) for an iPhone if it was made in Canada. Sometimes I prefer to believe that your account is actually a bot posting. It would make so much more sense. Whomever tdma is, he is successfully acomplishing what he has set out to do - ann...
by HomelessinSD
Fri Sep 02, 2011 1:44 pm
Forum: Real Estate Talks
Topic: deal of the century or bidding war bait?
Replies: 95
Views: 20496

Re: deal of the century or bidding war bait?

that was market conditions two and a half years ago. That train didn't stay long at the station before departing I don't think you're following my point... Say you make $125k / year, you put 10% down, and mortgaged 90% of a $630k home. Ammortized over 25 years at 3% interested, your mortgage paymen...
by HomelessinSD
Fri Sep 02, 2011 11:51 am
Forum: Real Estate Talks
Topic: deal of the century or bidding war bait?
Replies: 95
Views: 20496

Re: deal of the century or bidding war bait?

Wealth buys (detached) real estate here not financing. Because you say so. Consider an honest moment for once and stoop to justify one of your grand proclamations. ETB bought with 10% down with a 90% mortgage. I guess if $63k was wealth a couple years ago, then $90k is considered wealth in 2011 (as...
by HomelessinSD
Wed Aug 31, 2011 3:20 pm
Forum: Real Estate Talks
Topic: deal of the century or bidding war bait?
Replies: 95
Views: 20496

Re: deal of the century or bidding war bait?

Google map'ed it. Nice area, new house across the street (on huge lot) and re-done houses all up and down 5th Ave around it. It'll go quickly and for big bucks.
by HomelessinSD
Fri Aug 26, 2011 7:54 am
Forum: Real Estate Talks
Topic: SFU Business Professor says Real Estate is a safe investment
Replies: 76
Views: 17711

Re: SFU Business Professor says Real Estate is a safe invest

For an investor I fail to see how this is relevant. It's all about return on investment, which is what I'm discussing with semven The upside potential for your investment on rental property will always have vacancy rates as the main yardstick for cash flow. Even if the asset doesnt have positive ca...
by HomelessinSD
Wed Aug 24, 2011 2:03 pm
Forum: Real Estate Talks
Topic: RBC: Van UNaffordability at ALL-TIME HIGH!
Replies: 79
Views: 25794

Re: RBC: Van UNaffordability at ALL-TIME HIGH!

The fine dining at Victoria & 65th? You've never tried the buffet at Kedah House at Argyle and Marine Drive. Makan for less than $10 all you can eat. You don't afford expensive inner city real estate without being smrt about the small stuff. Nope, can't say I have. Tropica on Main (or is it Cambie?...
by HomelessinSD
Wed Aug 24, 2011 11:39 am
Forum: Real Estate Talks
Topic: RBC: Van UNaffordability at ALL-TIME HIGH!
Replies: 79
Views: 25794

Re: RBC: Van UNaffordability at ALL-TIME HIGH!

If you live in Maple Ridge or Surrey and never go to Vancouver then why live here, you may as well live in Bramalea or Brampton or Oshawa Ontario. Every suburb looks the same. Same crappy restaurants, same crappy stores, same crappy houses. And what's so magical about SE Vancouver? The fine dining ...
by HomelessinSD
Wed Aug 24, 2011 9:38 am
Forum: Real Estate Talks
Topic: RBC: Van UNaffordability at ALL-TIME HIGH!
Replies: 79
Views: 25794

Re: RBC: Van UNaffordability at ALL-TIME HIGH!

Sure you $600,000 could get you a luxurious place 5 or 6 hours drive north or east of vancouver, but if you are not a hermit, would you want to live there? Or you could drive 45 mins north and get a nice house in Squamish. But you have to be into mountains, rivers, lakes, forests, skiing, trails an...
by HomelessinSD
Wed Aug 24, 2011 9:05 am
Forum: Real Estate Talks
Topic: RBC: Van UNaffordability at ALL-TIME HIGH!
Replies: 79
Views: 25794

Re: RBC: Van UNaffordability at ALL-TIME HIGH!

Listen and read carefully: Metrotown is not a "worldwide" comparable, it is a nearby, Burnaby comparable..... Listen and read carefully. Metrotown is worldwide comparable. Burnaby means nothing. How many Single Family Homes in New York or Toronto are within 10 minutes walk of 450 shops and transit?...
by HomelessinSD
Wed Aug 24, 2011 7:38 am
Forum: Real Estate Talks
Topic: RBC: Van UNaffordability at ALL-TIME HIGH!
Replies: 79
Views: 25794

Re: RBC: Van UNaffordability at ALL-TIME HIGH!

the lougheed highway house is nearly on a tree lined private lane
LOL and if you don't like it, you can just move. Winner of the Best RealEstateTalks Comment of the Week Award. I'll come to regret now having this poster on ignore.
I vote for this one:
its a good deal on a worldwide basis.
by HomelessinSD
Tue Aug 23, 2011 2:06 pm
Forum: Real Estate Talks
Topic: Only in Vancouver...
Replies: 46
Views: 9884

Re: Only in Vancouver...

Its not my house. We were dropping something off to a relative.

Thats why im sitting in the car! Amazing
While the back and forth debate about a certain poster's legitimacy has always been ridiculous, you guys have really gone off the deep end...
by HomelessinSD
Fri Aug 19, 2011 2:56 pm
Forum: Real Estate Talks
Topic: BC Immigration Plunges, Home Sales/Prices Down
Replies: 35
Views: 12482

Re: BC Immigration Plunges, Home Sales/Prices Down

I don't get why people think BC is desirable it isn't. It is only Vancouver that is desirable and some areas more than others. ridiculous traffic, crappy public transit, and the foreign influence has taken away from the friendliness / politeness that used to make it special. . Newyork/Sanfran/Toron...
by HomelessinSD
Fri Aug 19, 2011 10:06 am
Forum: Real Estate Talks
Topic: FOR 2 Million my home is yours to tear down!
Replies: 23
Views: 5752

Re: FOR 2 Million my home is yours to tear down!

Wonder what they pay in rent for their $2 million, 2,300 sq ft bungalow...