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


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by thompson2
Thu May 14, 2015 7:19 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1370548

Re: Vancouver indvidual property sales details

Haha...Why are you so upset, because I have shared one of many "anecdotal experiences" of mine with you here? Or, maybe you just piss off yourself. The fact being wrong for so long (10 years?) in Vancouver must hurts you,eh? :P probably because your anecdote does not reflect reality or historical f...
by thompson2
Thu May 14, 2015 7:00 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1370548

Re: Vancouver indvidual property sales details

Deflecting again? Own your claims, admit when you make a post that is just plain inaccurate. In other words , man up. Eh? I just predict that the market of Vancouver for the next two years: there is no risk of crash whatsoever; and the correction, if there is any, will be shallow ( max 25%) and sho...
by thompson2
Thu May 14, 2015 2:38 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1370548

Re: Vancouver indvidual property sales details

Great example: Because no one on your friend's block sold their house during a period of plummeting house prices, there wasn't a crash or decrease in that block's home values. That's been discussed so many times on this forum and it's just plain silly. Like saying even though my retirement investme...
by thompson2
Thu May 14, 2015 12:14 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1370548

Re: Vancouver indvidual property sales details

Ok, I will predict a 20% crash if the market continues to rise like this in next two years. :lol:
by thompson2
Thu May 14, 2015 11:59 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1370548

Re: Vancouver indvidual property sales details

Great example: Because no one on your friend's block sold their house during a period of plummeting house prices, there wasn't a crash or decrease in that block's home values. That's been discussed so many times on this forum and it's just plain silly. Like saying even though my retirement investme...
by thompson2
Thu May 14, 2015 9:37 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1370548

Re: Vancouver indvidual property sales details

It's the immigration That's why prices only flying high in Toronto and Vancouver - the two biggest immigrant destinations. After all, interest rates are the same in Edmonton and Ottawa as here - and those markets are stagnant. Use your head bud According to Vancouver Sun: 43% per cent of Metro Vanc...
by thompson2
Thu May 14, 2015 9:24 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1370548

Re: Vancouver indvidual property sales details

Good work on deflecting. Please continue to draw comparisons about other cities / countries with completely inaccurate conclusions and false information; Haha... false information? No, I just give you a good example to show you why a smart guy like you couldn't make any money in real estate year af...
by thompson2
Thu May 14, 2015 7:44 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1370548

Re: Vancouver indvidual property sales details

I challenge anyone to provide facts to support such statements about the correlation between cities with high densities of Chinese (or of Chinese ancestry) and the price of real estate in the US. Sure, I also challenge anyone to provide "facts" to support the statements about the the correlation be...
by thompson2
Wed May 13, 2015 5:42 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1370548

Re: Vancouver indvidual property sales details

If you don't believe me, that's ok, but maybe you should look at what happened in US since 2006, .... there was no crash whatsoever in the areas that with high density of Chinese population. Can any one tell us What' the prices of SFH is now in San Francisco or LA ? :wink: SFH in San Fran are throu...
by thompson2
Wed May 13, 2015 5:03 pm
Forum: Real Estate Talks
Topic: How to find a sugar daddy
Replies: 44
Views: 27466

Re: How to find a sugar daddy

Image
Haha... I want that sugar too. :lol:
by thompson2
Wed May 13, 2015 4:59 pm
Forum: Real Estate Talks
Topic: Rofina
Replies: 99
Views: 29216

Re: Rofina

Geyser: I would also add that they should be willing to risk seeing their equity take a beating, ...that always goes without saying, if and when a person ever buys, they should be prepared for that at any time. :D Yes, that's correct. I feel uncomfortable each and every time when I come to buy ... ...
by thompson2
Wed May 13, 2015 4:54 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1370548

Re: Vancouver indvidual property sales details

wow.... the market may not crash but I don't see any upside to prices in the near future, whatsoever. :shock: I certainly lean towards your second prediction but I'm thinking that the only things that has been driving prices are crazy low interest rates and FSB fear or HAM expectations of big futur...
by thompson2
Sat Apr 25, 2015 3:05 pm
Forum: Real Estate Talks
Topic: Canadian home prices to fall 40-50%
Replies: 45
Views: 12699

Re: Canadian home prices to fall 40-50%

When somebody fires a rifle into the air I can tell you with certainty that the bullet will fall back to earth. I don't know when it will fall but I do know that the higher it goes the further it will fall. We have all agreed that the property market moves in cycles and that at some point a correct...
by thompson2
Sat Apr 25, 2015 2:31 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1370548

Re: Vancouver indvidual property sales details

The house has the potential for one or two suites downstairs and perhaps a room up for a home stay student, potential income property (perhaps if anyone has a mortgage).
And don't forget the top of the roof where can be tented!! :mrgreen:
by thompson2
Thu Apr 23, 2015 11:20 am
Forum: Real Estate Talks
Topic: Canadian home prices to fall 40-50%
Replies: 45
Views: 12699

Re: Canadian home prices to fall 40-50%

Only idiots go out on a limb and predict when. I've seen too many of those limbs break and the mighty oracles fall on their asses, so I won't be making that mistake. :D Idiots are not good, but you don't want to be a broken watch either. :lol: We all know "even a broken watch is right twice a day"....
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