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


Search found 90 matches

by VanBullBear
Fri Aug 26, 2016 8:30 am
Forum: Real Estate Talks
Topic: How far can it drop? 20% or 30%?
Replies: 363
Views: 61018

Re: How far can it drop? 20% or 30%?

remember last year that lady that said she was jealous that she didnt have 1 million or something like that - lol. no sign of her now!
I hope one day you reflect on the things you choose to write.
I second this
by VanBullBear
Fri Aug 26, 2016 7:59 am
Forum: Real Estate Talks
Topic: Vancouver Housing Market Implodes:
Replies: 59
Views: 13913

Re: Vancouver Housing Market Implodes:

It's hilarious how we have so many permanent bulls who think prices can go up forever... EVERY MARKET CYCLES. The market is designed as a negative feedback loop, if there is too much demand against the supply the price increases. The increases will dampen the demand because it filters out the buyers...
by VanBullBear
Thu Aug 25, 2016 1:22 pm
Forum: Real Estate Talks
Topic: Vancouver's housing market crash hits home.
Replies: 147
Views: 30407

Re: Vancouver's housing market crash hits home.

The source of that latest reference to our crash Quoted for future reference. We're in a market crash folks...Rentah is calling it. Wow, you are so forgetful, you seem to have the attention span of a humming bird and you are confusing words like "apparently", "probable" and "downturn" with an absol...
by VanBullBear
Thu Aug 25, 2016 1:16 pm
Forum: Real Estate Talks
Topic: New to Real Estate (Vancouver) - Need Strategic Advice
Replies: 117
Views: 38245

Re: New to Real Estate (Vancouver) - Need Strategic Advice

I'm glad to have decided not to buy in an overbought market... Instead of trying to chase the price like a sucker, I decided to invest my savings. I also took a portion of my savings and started trading oil and gold futures. I have learned a lot about trading the market since then. One of the critic...
by VanBullBear
Tue Jan 12, 2016 10:42 am
Forum: Real Estate Talks
Topic: BC Assessment early notice for 2016
Replies: 33
Views: 14079

Re: BC Assessment early notice for 2016

lol Rofina, sometimes I wonder if tdma is just trolling
tdma is the king troll on this board, has been for a while.
oh really? haha thanks for letting me know! I'm new around here haha I'll stop wasting my time replying to his troll posts. :D
by VanBullBear
Tue Jan 12, 2016 10:11 am
Forum: Real Estate Talks
Topic: Vancouver RE has dropped >10% since 2013
Replies: 37
Views: 14801

Re: Vancouver RE has dropped >10% since 2013

Vancouver RE must be treated like a stock at these prices, I don't think anyone will object to that. Rich people from around the world, including Canadians, purchase property in this city as an investment vehicle. I would object to that. Your home is fundamentally different from a stock, and you st...
by VanBullBear
Tue Jan 12, 2016 9:41 am
Forum: Real Estate Talks
Topic: BC Assessment early notice for 2016
Replies: 33
Views: 14079

Re: BC Assessment early notice for 2016

Lower Canadian dollar is good for people that don't do cross border shopping and it keeps people here spending. It makes it easier for citizens and if people bring money here I dont care. Its better for everyone. People shouldn't whine about increased prices as that's more money for them to spend w...
by VanBullBear
Tue Jan 12, 2016 9:35 am
Forum: Real Estate Talks
Topic: Vancouver RE has dropped >10% since 2013
Replies: 37
Views: 14801

Re: Vancouver RE has dropped >10% since 2013

I think it's only okay for only a small fraction of the population who own homes and are willing to sell, or those who are in the RE industry. Owners who plan to keep their homes and the rest of the population are not so happy. It's quite apparent that the majority of Vancouverites are frustrated. U...
by VanBullBear
Tue Jan 12, 2016 8:27 am
Forum: Real Estate Talks
Topic: Vancouver RE has dropped >10% since 2013
Replies: 37
Views: 14801

Re: Vancouver RE has dropped >10% since 2013

Homeless and tdma, I think you're both right and not necessarily disagreeing with each other. Vancouver RE must be treated like a stock at these prices, I don't think anyone will object to that. Rich people from around the world, including Canadians, purchase property in this city as an investment v...
by VanBullBear
Mon Jan 11, 2016 9:31 am
Forum: Real Estate Talks
Topic: BC Assessment early notice for 2016
Replies: 33
Views: 14079

Re: BC Assessment early notice for 2016

Lower Canadian dollar is good for people that don't do cross border shopping and it keeps people here spending. Completely agree with you, it stimulates the economy and keeps money within Canada. It makes it easier for citizens and if people bring money here I dont care. Its better for everyone. Wh...
by VanBullBear
Mon Jan 11, 2016 8:35 am
Forum: Real Estate Talks
Topic: BC Assessment early notice for 2016
Replies: 33
Views: 14079

Re: BC Assessment early notice for 2016

The Canadian dollar situation makes it good for everyone as it brings money in It depends what you mean by "good" If you're talking about stimulating the canadian economy then yes. If you're talking about RE owners making gains AND CASHING OUT of the RE market then yes for sure. Construction is sta...
by VanBullBear
Thu Dec 31, 2015 8:04 am
Forum: Real Estate Talks
Topic: Eastside Townhouse sold for over 1 million
Replies: 14
Views: 7070

Re: Eastside Townhouse sold for over 1 million

What do people here think about those new townhouse developments springing up around South Vancouver/Marpole? I'm talking about places like the Churchill, Winona park around W. 63rd & Cambie area and the new ones around Oak and Park? The units tend to go for about $1.1 million or so. Would they be ...
by VanBullBear
Thu Dec 31, 2015 7:45 am
Forum: Real Estate Talks
Topic: Predictions for 2016
Replies: 32
Views: 14175

Re: Predictions for 2016

RE will continue to climb up for q1 and q2 but at a slower rate than 2015. Depending on what BoC does to rates on q3 RE could jolt up even more if they lower rates which it looks like they will. 2016 is looking to be another good year for RE. Oil will be above 40 after q1 but stay below 50 throughou...
by VanBullBear
Wed Dec 30, 2015 10:26 am
Forum: Real Estate Talks
Topic: New to Real Estate (Vancouver) - Need Strategic Advice
Replies: 117
Views: 38245

Re: New to Real Estate (Vancouver) - Need Strategic Advice

Thank you for all your post and I appreciate all the constructive comments and will be putting them into consideration. Just to add more information, If I purchase I will be keeping it for at least 5 to 7 years until I can upgrade. I would like to purchase in richmond because vancouver is out of rea...
by VanBullBear
Wed Dec 23, 2015 8:25 am
Forum: Real Estate Talks
Topic: New to Real Estate (Vancouver) - Need Strategic Advice
Replies: 117
Views: 38245

New to Real Estate (Vancouver) - Need Strategic Advice

This is my first post and it's a a long one, so please bear with me. I'm in need of advice from you experts because I'm new to the real estate market. We currently have a household income of 180k/year trending up as my wife and I are both electrical engineers. I was planning on purchasing a house an...