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


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by Geyser
Thu Jul 20, 2017 7:19 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 121
Views: 71959

Re: Are interest rates finally going to rise?

" Your old fixer-upper was prime for a land assembly until the new McMansion went up next door. Now only your place and the corner house next to you are financially viable candidates for assembly. Two lots are not big enough for anything really interesting. Previously your side of the street was pr...
by Geyser
Thu Jul 20, 2017 6:48 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 121
Views: 71959

Re: Are interest rates finally going to rise?

" Your old fixer-upper was prime for a land assembly until the new McMansion went up next door. Now only your place and the corner house next to you are financially viable candidates for assembly. Two lots are not big enough for anything really interesting. Previously your side of the street was pr...
by Geyser
Wed Jul 19, 2017 3:03 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 121
Views: 71959

Re: Are interest rates finally going to rise?

that's great Geyser. You have as much confidence in your position as I do in mine.
Let's agree that we disagree with each
Well that was a compelling rebuttal of the widely reported facts. Lol.
by Geyser
Mon Jul 17, 2017 2:00 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1387660

Re: Vancouver indvidual property sales details

486 W 26th Ave Price sold: $10,000,000 Property Size: 10,129 SF Property Type: Land FSR: 2.5 2016 B.C. Assessment Value: $6,157,000 Date of Sale: 07/05/2017 One of the last properties for sale for the Cambie corridor project. These guys din't win the BC 649, thats regular properties. These guys won...
by Geyser
Mon Jul 17, 2017 1:47 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 121
Views: 71959

Re: Are interest rates finally going to rise?

It's the land man. Those who don't have it are always looking for it. Ask jimtan You know what a Vancouver property without land is? Fools gold You do Realize that detached homes, townhouses and other condominiums are built on land do you? Or do you still think they are suspended from skyhooks?  Do...
by Geyser
Sun Jul 16, 2017 5:14 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 121
Views: 71959

Re: Are interest rates finally going to rise?

You're asking the wrong guy jimtan. I'm on an oversized lot. A downgrade for me would be a 33x122 detached. That's a dream home if you own anything below a detached. Ask townhouse, condo owner what they upgrade to. My situation is quite different. Right! Your crack shack on the East Side is the ult...
by Geyser
Mon Jul 10, 2017 5:46 pm
Forum: Real Estate Talks
Topic: Bombshell for some Airbnb users
Replies: 35
Views: 31820

Re: Bombshell for some Airbnb users

The key seems to be the stated requirement to include your license number in your advertising. Hard to run a successful Airbnb  business without advertising on Airbnb. Also, the risk of a potential $10K per day fine should frighten a lot of people into playing by the rules. The huge revenue implica...
by Geyser
Wed Jul 05, 2017 5:00 pm
Forum: Real Estate Talks
Topic: Bombshell for some Airbnb users
Replies: 35
Views: 31820

Re: Bombshell for some Airbnb users

G E Y S E R ! ! Hi ! Interesting take on AirBnB...They will never enforce it though. FWIW I think your take and timing on the state of the local market was/is spot on. We need some downward pressure on prices now.....If the pricing correction becomes event driven (interest rates, recession, ) The d...
by Geyser
Tue Jun 20, 2017 4:30 pm
Forum: Real Estate Talks
Topic: Bombshell for some Airbnb users
Replies: 35
Views: 31820

Re: Bombshell for some Airbnb users

Still posting 'bombshells' eh Geyser? I guess if your 'bubble bombshell' still hasn't exploded after 10-15 + yrs you gotta' find something else, huh?  ;-) Love, Tom xoxo PS-Joking!!  Hello Thinktom, nice to hear from you. Not many old-timers left since we lost Horton. It turned a bit boring without...
by Geyser
Tue Jun 06, 2017 3:28 pm
Forum: Real Estate Talks
Topic: Bombshell for some Airbnb users
Replies: 35
Views: 31820

Bombshell for some Airbnb users

Anybody renting out a condo suite which they don't live in is looking for serious tax trouble if the rental period is less than 30 days.  Bye bye Airbnb.  And a false declaration will cost up to $10K per day of the falsely claimed period.  That's not a typo, "up to $10K per day!!! http://vancouver....
by Geyser
Sun Apr 16, 2017 10:27 am
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1387660

Re: Vancouver indvidual property sales details

Just in case anybody is confused by all the misleading anecdotal information in this thread and wants to see the actual numbers the real estate board is publishing, check out this chart: http://www.chpc.biz/6-canadian-metros.html The peak price for SFH was in July last year and despite a recent sli...
by Geyser
Tue Mar 28, 2017 12:29 pm
Forum: Real Estate Talks
Topic: Should the government intervene?
Replies: 490
Views: 95448

Re: Should the government intervene?

No it wasn't.. Yes it was.  Straight to the moon!    There aren't that many good places outside of Vancouver http://www.straight.com/life/885476/vancouver-voted-millions-travellers-top-destination-canada Tell your ESL teacher you want your money back. Vancouver International Airport voted best airp...
by Geyser
Tue Mar 28, 2017 12:00 pm
Forum: Real Estate Talks
Topic: Should the government intervene?
Replies: 490
Views: 95448

Re: Should the government intervene?

No it wasn't. Re-read the article and be aware that there are many other countries outside North America.
by Geyser
Fri Jan 20, 2017 2:22 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1387660

Re: Vancouver indvidual property sales details

I would suggest that sales falling below the 10 year average is highly significant, particularly when one considers how much the population has grown over the last decade. Here is what Steve Saretsky says: Are We In Denial? January 18, 2017 No Trickle Effect, Slumping Sales Dismissed As I’ve highli...
by Geyser
Sat Dec 31, 2016 3:37 pm
Forum: Real Estate Talks
Topic: LePage Expects Vancouver Housing Correction in 2017
Replies: 131
Views: 24960

Re: LePage Expects Vancouver Housing Correction in 2017

Other than the irrelevant picture, unrelated to any poster,  educated people know that Gays , especially in downtown vancouver  have an above average income compared to the general population. to the moon! You make Geyser look like Albert Einstein. I must admit that Albert and I do share some physi...