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


Search found 67 matches

by IKnow
Wed Feb 12, 2014 7:59 pm
Forum: Real Estate Talks
Topic: Greetings from India
Replies: 11
Views: 3062

Re: Greetings from India

Do Punjab builders still lament about making too much money from Chinese that their sons become spoiled with too many toys?

Source: Sikh friend
by IKnow
Sun Jan 26, 2014 5:28 pm
Forum: Real Estate Talks
Topic: Should Mandarian become an official language of BC..
Replies: 9
Views: 1966

Re: Should Mandarian become an official language of BC..

For the sake of the rest of us...lets hope it doesn't become an official language. :mrgreen:
prices will go up 100% instantly, rest of us will forever be priced out
by IKnow
Sat Jan 04, 2014 8:25 pm
Forum: Real Estate Talks
Topic: Another story of contrast
Replies: 6
Views: 1757

Re: Another story of contrast

By the way, did a search on yellowpage.com for Dimsum Chinese Restaurant near West Hartford, CT, returns 174 results.

Not exactly Richmond type quality and numbers, but nevertheless it's only 1 hour drive from New York Flushing, etc.
by IKnow
Sat Jan 04, 2014 8:18 pm
Forum: Real Estate Talks
Topic: Another story of contrast
Replies: 6
Views: 1757

Another story of contrast

Baby boomer woman in Connecticut cried poor Her story: http://finance.yahoo.com/news/baby-boomers--poorer-in-old-age-than-their-parents-162653066.html Her full story may not be relevant, but my point is that, how many Vancouverites would love to deal with numbers such as these: No longer able to aff...
by IKnow
Tue Dec 24, 2013 3:50 pm
Forum: Real Estate Talks
Topic: Cost to build a house
Replies: 72
Views: 34242

Re: Cost to build a house

Just to be clear, relatives are buying an already built spec house. I want to see how much a negotiation room there may be. I think for an average quality house by EI builders the cost to them is about $120 per sqft. On the web many people claim the min price has to be above 150+, and there're plent...
by IKnow
Mon Dec 23, 2013 8:58 pm
Forum: Real Estate Talks
Topic: Cost to build a house
Replies: 72
Views: 34242

Re: Cost to build a house

For a spec house the cost to the builder really should not be more than $120 I guess. So factor that at $130 is my estimate of their minimum profit. Note that I'm purely referring to the cost of building, other factors such as fees, interests, opportunity costs and commissions have been counted for ...
by IKnow
Mon Dec 23, 2013 8:02 pm
Forum: Real Estate Talks
Topic: Cost to build a house
Replies: 72
Views: 34242

Re: Cost to build a house

House is 3200 sqft, and cost per sqft goes down a bit, so has to cost less than a 2800sqft house. Builder/seller wants $150 per sqft. To negotiate further I want to know what the margin is, and I'm guessing it's about $20 (cost is $130). That translates to about $60k margin for negotiation. Anyone t...
by IKnow
Mon Dec 23, 2013 7:18 pm
Forum: Real Estate Talks
Topic: Cost to build a house
Replies: 72
Views: 34242

Re: Cost to build a house

A relative is trying to negotiate a sale price for a new Vancouver house on the east side. The builder wants $150 per sqft, claims that's his cost and is not backing down. The spec house is medium quality 3200 sqft on flat standard lot, near Killarney, with a legal suite, 3 kitchens and garage on ba...
by IKnow
Mon Aug 19, 2013 9:35 pm
Forum: Real Estate Talks
Topic: More Money Coming
Replies: 11
Views: 6147

Re: More Money Coming

by IKnow
Mon Aug 19, 2013 9:30 pm
Forum: Real Estate Talks
Topic: More Money Coming
Replies: 11
Views: 6147

Re: More Money Coming

All realtors(R) desperately seeking Ms Chen Yi http://www.insuranceinsight.com/insurance-insight/news/2289305/chinese-broker-under-investigation-for-huge-fraud Chinese broker under investigation for huge fraud It is understood Chen Yi, general manager at Shanghai Fanxin Insurance, has left China for...
by IKnow
Sat Aug 17, 2013 3:22 pm
Forum: Real Estate Talks
Topic: More Money Coming
Replies: 11
Views: 6147

More Money Coming

Vancouver house prices can only go up, $84 million new money is here ... Lousy english below, but money is coming. http://www.best-news.us/news-5177647-China-Insurance-Regulatory-Commission-confirmed:-Shanghai-39s-largest-insurance-intermediary-funding-strand-breaks-female-executives-Xie-Jukuan-absc...
by IKnow
Wed Feb 06, 2013 8:32 pm
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1478
Views: 464704

Re: Climate Warming is coming to BC

Hey, just a minute :shock: no, I don't get it. Can you explain again how a big increase in supply drives prices up?
Let me try: Chinese loves "supplies", when you say surprise, Chinese think "supplies". So the more supply the happier, and so prices go up :-)
by IKnow
Sat Dec 15, 2012 1:19 pm
Forum: Real Estate Talks
Topic: Reverse immigration -Why I’m Coming Back to China
Replies: 21
Views: 5544

Re: Reverse immigration -Why I’m Coming Back to China

Don't be silly - any news story that has to do with the Chinese, whether it be them buying, selling, moving, sleeping, eating, has to do with Vancouver RE. Well at least if you ask unicas.
I'm no unicas, but the sarcasm can't be far from the truth. Chinese worship "the good earth" per Pearl Buck.
by IKnow
Sat Dec 15, 2012 1:15 pm
Forum: Real Estate Talks
Topic: Why I believe the average SFH will keep going higher
Replies: 128
Views: 39290

Re: Why I believe the average SFH will keep going higher

The question is, how does an average earning household contribute to keeping prices at these levels? The question is, how does an average earning immigrant contribute to keeping prices at these levels? Are we relying on speculators to keep on purchasing and accepting yields comparable to those of G...