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


Search found 975 matches

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by Austin
Tue Mar 29, 2016 5:16 pm
Forum: Real Estate Talks
Topic: CAD Strengthens, house prices to dip?
Replies: 6
Views: 4046

CAD Strengthens, house prices to dip?

We were at 1.40 USD/CAD, now we're at 1.30. Going to see house prices dip if this keeps up?
by Austin
Thu Mar 03, 2016 6:45 am
Forum: Real Estate Talks
Topic: Kits Home Sells For Epic Dollars.
Replies: 19
Views: 8985

Re: Kits Home Sells For Epic Dollars.

I'd say there is a 70% chance it's someone from Mainland china.
by Austin
Sat Feb 27, 2016 10:44 pm
Forum: Real Estate Talks
Topic: Kits Home Sells For Epic Dollars.
Replies: 19
Views: 8985

Re: Kits Home Sells For Epic Dollars.

3555 West 1st
by Austin
Sat Feb 27, 2016 10:42 pm
Forum: Real Estate Talks
Topic: Kits Home Sells For Epic Dollars.
Replies: 19
Views: 8985

Re: Kits Home Sells For Epic Dollars.

The home had been renovated back in 2010, “down to the studs,” says Price, which is unusual for houses in the area."

Uhm, ok. Do we care? That house is 95% land value.
by Austin
Tue Feb 23, 2016 4:21 pm
Forum: Real Estate Talks
Topic: Bentall Centre sold to a Chinese insurance company
Replies: 47
Views: 17670

Re: Bentall Centre sold to a Chinese insurance company

It's not racism. It could be Irish people for all we care. The issue is that foreign ownership is pushing up RE costs and hollowing out our economy by making it too expensive to hire local people to create non RE based businesses.
by Austin
Tue Feb 23, 2016 4:17 pm
Forum: Real Estate Talks
Topic: 70% of MetroVan houses sold went to mainland china buyers
Replies: 18
Views: 9114

Re: 70% of MetroVan houses sold went to mainland china buyer

I'm pretty sure that the West Side buyers just pushed people into other markets, which increased those. The West side is one of the most expensive areas and high RE values just radiate out from there. But, you know, keep on ignoring immigration / foreign buyers. I'm sure we can keep this problem goi...
by Austin
Tue Feb 16, 2016 2:32 pm
Forum: Real Estate Talks
Topic: 70% of MetroVan houses sold went to mainland china buyers
Replies: 18
Views: 9114

Re: 70% of MetroVan houses sold went to mainland china buyer

Ironically, it's those people who kept on crying "bubble" probably delayed this study. If they had been crying "chinese buyers" instead, this study would have probably been done a long time ago.

We know who they were. and now we know how *wrong* they were.
by Austin
Tue Feb 16, 2016 2:28 pm
Forum: Real Estate Talks
Topic: 70% of MetroVan houses sold went to mainland china buyers
Replies: 18
Views: 9114

70% of MetroVan houses sold went to mainland china buyers

In A Six-Month Period, 70% Of Homes Sold In Metro Vancouver’s West Side Went To Mainland China Buyers

https://bchn.com/in-a-six-month-period- ... na-buyers/
by Austin
Thu Jan 28, 2016 11:03 pm
Forum: Real Estate Talks
Topic: TREB vs Competition Bureau on Real Estate Data (sold prices)
Replies: 65
Views: 29890

Re: TREB vs Competition Bureau on Real Estate Data (sold pri

I think people should be getting more service for their money. Virtual walkthroughs, detailed analysis on residential areas, more comp data that is easily accessible. better search engines. Certainly, fisbos should show up as well. I hate that I will pay full buyer commission to a realtor and they w...
by Austin
Thu Jan 14, 2016 4:20 pm
Forum: Real Estate Talks
Topic: TREB vs Competition Bureau on Real Estate Data (sold prices)
Replies: 65
Views: 29890

Re: TREB vs Competition Bureau on Real Estate Data (sold pri

Yeah maybe. I think t his is more of a structural issue though rather than an individual issue.
by Austin
Sun Jan 10, 2016 11:15 pm
Forum: Real Estate Talks
Topic: Vancouver RE has dropped >10% since 2013
Replies: 37
Views: 15291

Re: Vancouver RE has dropped >10% since 2013

it's all going to catch up. Either the loonie is going to strengthen or inflation is going to settle in. You can't debase your currency with no repercussions.
by Austin
Sun Jan 10, 2016 3:06 pm
Forum: Real Estate Talks
Topic: Vancouver RE has dropped >10% since 2013
Replies: 37
Views: 15291

Re: Vancouver RE has dropped >10% since 2013

If you try to travel or buy anything interesting, you have to pay like 40% more. How does that make you feel rich?
by Austin
Sun Jan 10, 2016 3:02 pm
Forum: Real Estate Talks
Topic: BC Assessment early notice for 2016
Replies: 33
Views: 14667

Re: BC Assessment early notice for 2016

Have you tried to buy anything lately that comes from the US?
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