:noob:

sorry, this image comes to mind whenever i see the word connected now

Run together sentence right there..............




OR..........

I used to criticize people for poor writing skills, but nobody is perfect, including me. Just Saiyan.


Why can't we be friends?

if i expected myself & others on here to write with perfect grammatical skills every time we posted i'd be an anal, fat, balding, drug user with a like minded girlfriend that "taught" sex ed in the dtes... may as well kill myself

Cause I get tired of his non-nonsensical arguments. Want to be taken seriously? Write a proper sentence with capitalization, punctuation, spell checked and with decent grammar.

BTW a comma splice is an anal English teacher thing. Its accepted in literature.

Please do.

If you want to be taken seriously, continue writing as above.

Well this thread was doomed as soon as everyone whipped out their iDicks 2.0 and it turned into a testosterone fueled romp of who's family's were more connected with who.

And I submit: How dare you people make it that I agree with not one, not 2 not 3 but ALL OF TAYLOR'S POINTS???

:lol I'm not though, but if you believe someone with said life should kill themselves what are you still doing here ;)

indeed

i was just acting like Hyde hoping he'd see how gay it was; it shouldn't be taken seriously by any others ;)

taylor's the bomb.com

One day we'll meet and you'll see how truthful your description is. As I said before, lots of people like hiding behind usernames to say things they wouldn't ever say in real life. Cya Mar 18.

shit just got real

To be clear, there's no animosity in my post. I just prefer people who talk crap be willing to say it in real life, or not say it at all. I fully expect I could have a beer with Gridlock and others, and we'd still call each other assholes. :)

dino etc already found your photobucket and showcased your pictures.... my description is based on your own self expression

Cya in Mar. :hi:

You don't think there's a cascade effect?

If there were local buyers that would have bought the $5M houses and can't anymore, they will drive up the prices of the $4M houses. When that happens, the local buyers that would have bought the $4M houses can't buy them anymore, so they drive up the prices of the $3M houses. It continues down the food chain, so it definitely affects people buying $1M houses.

mar.??

.

http://www.revscene.net/forums/66210...ty-twelve.html

I expect you to say :hi: since you know what I look like.

ah i see

maybe ill finally show up to a meet for once just to do so ;)


michael! eya see ur still lurking about i almost thought you gave up on this :P

Back on topic:

This is my favourite local housing blog: Vancouver Condo Info

While they are very bearish, it is great that a local Realtor updates the blog with real numbers daily: January 2012 Daily Numbers « | VCI Forum

Not really. That end of the price range is very small. Hell last year just one house that sold for $10M skewed the average monthly stats for Richmond (I think) so much the sale had to be excluded or the median used. It was mentioned in the blog I linked above.

So while you're technically correct, its just not big enough to cause the ripple you state.

Oh yeah. I think you are an ass, and I suspect I'm not the first, not last to do so. To hell with a beer, lets get the kids together and drop a little e. :)

That said, its one internet personality to another making revscene entertaining for all.

Also, lets be clear, dinosaur isn't a member of my e-army out stalking Taylor because he hurt her feelings. She used google. If Taylor wanted to not have people find other shit about him, I guess he would have called his photobucket 'Taylor191'. Would have thrown her off his trail, given that she's 'uneducated'. :badpokerface:

Back to the topic at hand...its all demand.

I do think there is relevance to having a group of buyers with access to capital that are going to drive up pricing based on demand. Build it and they will come. (side note, best movie line of all times. Used to the point of cliche)

The question is, what are you going to do about it?

Limit foreign ownership? Taylor pointed out Australia, and I'm willing to take his word on it. Hell, we can stay in Canada and use PEI as an example. They have limits on non-resident ownership. It is still expensive to buy there because its a limited commodity. The island is small.

Even though house prices are high in Vancouver, I think we need them to be. You drop prices to allow new buyers in, which is great, but you fuck over current owners-owners that have re-financed and god knows what to the actual equity of their home. That is what caused the problem in the US! In Vancouver, people are buying at the limit of their finances and you drop the prices by 20% and watch the problems start.

We're technically under water on our rental property. Bought it at the high in the market, and watched the value plummet in the following year. Then watched as the developer parked another block of houses right next door to take up any remaining slack in the demand.

One aspect that has not been examined is the role of credit to all this. If I have a group of buyers that have CASH, there is less of an incentive to drop pricing to match a difficult loaning market. Yeah, we haven't been affected as bad as the US, but if you had a bunch of rich Canadians swoop in and buy up Las Vegas, you would expect the pricing to rise as you have bypassed the problem of buyers obtaining credit.

So even if 'rich' foreign buyers aren't driving up prices, I think it would be perfectly reasonable to assume that they could be holding prices up as compared to what pricing would be without them.

if i was that rich, id be doing the exact same thing, buying up property everywhere.

whats given is population will grow, and physical livable land is pretty much constant at any developed nation.

if i was flowing with money, id put it into something relatively stable, real estate, precious metals, resource type investments. anything that is stable, with a decent stable roi.

it sucks that foreign investment demand drives up housing prices. but thats just life. we are looking at the 5% buying up the upper scale of the real estate market, but there are 20x more ppl just buying smaller real estate, condos, for investment as well.

if gov't blocks foreign investment, they are killing themselves. these investors might not live here, but they still gotta pay property taxes or some sort of taxation. thats straight out revenue for gov't

I agree that the immigration system is broken, just not sure if this new system will make it better.

and plus 1 with the land thing. The land reason is only a minor factor. There's tonnes of land in surrey and north of the fraser river that has not been fully developed. Look at New West, property prices there havnt gone up as much as other areas. (maybe the New West stigma?)

hahaha...