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Re: When is a 'bubble' not a BUBBLE?

... risky way go about predicting the future. Anyways, I'm wondering then is the real vacancy rate 2x everywhere else? Or is CMHC just wrong about Vancouver? CMHC vacancy rates may not be as bad as they look on paper, says B.C. Housing Minister Rich Coleman. He said the statistics only reflect ...
by Austin
on Sat Jul 31, 2010 6:32 am
 
Forum: British Columbia Real Estate
Topic: When is a 'bubble' not a BUBBLE?
Replies: 203
Views: 4469

Re: Metro Vancouver Developer Cartel Exposed

I was told about this interesting site where the guy tells about the land carterl run by the Urban Development Institute member developers: Link: http://landtricks.tripod.com/ :twisted: The developers involved in the NCP areas in South Surrey may be involved...I think Qualico is doing busines...
by semven
on Fri Jul 30, 2010 11:06 pm
 
Forum: British Columbia Real Estate
Topic: Metro Vancouver Developer Cartel Exposed
Replies: 1
Views: 147

Re: When is a 'bubble' not a BUBBLE?

... is likely between 10 and 20%. They are in big doodoo and their prices could fall even further unless occupancy goes up. This does not preclude Vancouver from a meltdown. Fwiw San Diego has seen steady rental rate growth through the recession. Don't know the vacancy rates there though.
by jesse1
on Fri Jul 30, 2010 9:36 pm
 
Forum: British Columbia Real Estate
Topic: When is a 'bubble' not a BUBBLE?
Replies: 203
Views: 4469

Re: When is a 'bubble' not a BUBBLE?

Vancouver vacancy rate is likely between 5-8% according to property managers. according to the CMHC it's 2.2% .. IF we're comparing against the official numbers out of Miami, I think I'd go with the official numbers ...
by Austin
on Fri Jul 30, 2010 4:48 pm
 
Forum: British Columbia Real Estate
Topic: When is a 'bubble' not a BUBBLE?
Replies: 203
Views: 4469

Metro Vancouver Developer Cartel Exposed

I was told about this interesting site where the guy tells about the land carterl run by the Urban Development Institute member developers:

Link: http://landtricks.tripod.com/



:twisted:
by tabin
on Fri Jul 30, 2010 4:34 pm
 
Forum: British Columbia Real Estate
Topic: Metro Vancouver Developer Cartel Exposed
Replies: 1
Views: 147

Re: When is a 'bubble' not a BUBBLE?

... ranks No. 8, owns a whopping 12.7% rental vacancy rate, up from 11.4% a year ago That is certainly high; more bad news for prices down there. Vancouver vacancy rate is likely between 5-8% according to property managers. Rental rate growth is an absolute necessity to stave off a collapse, IMO. ...
by jesse1
on Fri Jul 30, 2010 3:28 pm
 
Forum: British Columbia Real Estate
Topic: When is a 'bubble' not a BUBBLE?
Replies: 203
Views: 4469

Re: CREA forecast

... in about May. In 2011, Muir estimates the provincial average will come back to $489,454, with price declines in the high-priced markets of Metro Vancouver and the Fraser Valley proving to be the biggest influence on that figure. Don't worry prices will only drop by about 4K more on average. ...
by metalhead
on Fri Jul 30, 2010 3:25 pm
 
Forum: British Columbia Real Estate
Topic: CREA forecast
Replies: 15
Views: 257

Re: Buyers Want Out of Olympic Village!!!

New generation and newcomers will tear down old shit and built new shit ... a better one. I like your whine. You mean like Vancouver's Chinatown? Richmond is a Chinatown, and Coquitlam Towncenter is another. And some people said Vancouver is actually (or will be) a Chinatown ... what's ...
by Thompson
on Fri Jul 30, 2010 3:02 pm
 
Forum: British Columbia Real Estate
Topic: Buyers Want Out of Olympic Village!!!
Replies: 62
Views: 1833

Re: When is a 'bubble' not a BUBBLE?

Bears, go home to have a sweet dream ... IF you see rental vacancy rates is over 10%, then real estate of Vancouver will be crashed big time like Windsor, or Miami, or las vigas.
by Thompson
on Fri Jul 30, 2010 2:22 pm
 
Forum: British Columbia Real Estate
Topic: When is a 'bubble' not a BUBBLE?
Replies: 203
Views: 4469

MIC stock up on results

... is voting against a crash in Canada RE.. http://finance.yahoo.com/q?s=mic.to Expect a 2-3% increase in RE Prices per year. from the CEO: "Vancouver prices are high because of limited land resources, a strong demand from foreign borrowers, that buy with wealth and not income .. and this ...
by Austin
on Fri Jul 30, 2010 9:15 am
 
Forum: British Columbia Real Estate
Topic: MIC stock up on results
Replies: 1
Views: 86

Re: When is a 'bubble' not a BUBBLE?

Metro Vancouver's apartment vacancy rate edged up to 2.2 per cent in the spring more or less in step with most markets in British Columbia and Canada that saw higher apartment availability, a new report from Canada Mortgage ...
by Austin
on Fri Jul 30, 2010 8:47 am
 
Forum: British Columbia Real Estate
Topic: When is a 'bubble' not a BUBBLE?
Replies: 203
Views: 4469

Re: When is a 'bubble' not a BUBBLE?

Hmmm! Instead I used the raw Excel sheet available on the same page as these purdy pictures to calculate the average difference between Vancouver and Toronto over the period you cite and came up with an insignificant 0.29% lower vacancy rate for Van, from which we can reasonable conclude ...
by registered
on Fri Jul 30, 2010 7:56 am
 
Forum: British Columbia Real Estate
Topic: When is a 'bubble' not a BUBBLE?
Replies: 203
Views: 4469

Re: When is a 'bubble' not a BUBBLE?

Hmmm! Instead I used the raw Excel sheet available on the same page as these purdy pictures to calculate the average difference between Vancouver and Toronto over the period you cite and came up with an insignificant 0.29% lower vacancy rate for Van, from which we can reasonable conclude ...
by eyesthebye
on Thu Jul 29, 2010 11:02 pm
 
Forum: British Columbia Real Estate
Topic: When is a 'bubble' not a BUBBLE?
Replies: 203
Views: 4469

Re: When is a 'bubble' not a BUBBLE?

Hmmm! Instead I used the raw Excel sheet available on the same page as these purdy pictures to calculate the average difference between Vancouver and Toronto over the period you cite and came up with an insignificant 0.29% lower vacancy rate for Van, from which we can reasonable conclude once ...
by registered
on Thu Jul 29, 2010 8:29 pm
 
Forum: British Columbia Real Estate
Topic: When is a 'bubble' not a BUBBLE?
Replies: 203
Views: 4469

Re: When is a 'bubble' not a BUBBLE?

Hmmm!

Here's something else to think about. I mentioned the discipline of Vancouver developers with regards to short term supply. Vacancy in Vancouver has been mostly between 1% to 2%, Calgary between 4% to 1%, and Toronto has been all over the shop.
by jimtan
on Thu Jul 29, 2010 7:43 pm
 
Forum: British Columbia Real Estate
Topic: When is a 'bubble' not a BUBBLE?
Replies: 203
Views: 4469
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