I think Cloverdale is a better buy than Surrey. Less negative reputation
Now youre splitting hairs and not seeing the point Im trying to make.
Point is, that passively investing in real estate, like buying a condo and hoping that it will increase in a straight line over time doesnt really blow my dress up. (never has) This whole forum saw its best years in the Pre Sale era.
If people are going to drink Taipans Kool Aid about being an investor, then they need to realize that his charts, diagrams and pictures have less to do with development than his Hotel choice in Goosecrotch Montanna.
A developer might say, " Im gonna throw down for a ski chalet in Whistler" but hes never going to analyze it as an investment based on what is going on in Vancouver. These things are already at highest and best use and thats that. Besides which they are Ski Cjhalets ffs. Might as well say Vail CO is overpriced because the locals all work as ski lift operators.
a developer might say something like "Hey you want a good deal in Whistler, buy the first place going towrds Pemberton")I cant say for sure but I think that ship has already sailed too.. I think Pemberton saw some good growth)
a developer might also do something like BUY a ski hill and then build chalets around it eg: Ralph Berezan and Hemlock Valley (3 million I think) and I for one am really rooting for Berezan on that play
PS Thanks Jesse and can you put a blanket on Regis until he wakes up?