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-   -   Vancouver's Real Estate Market (https://www.revscene.net/forums/674709-vancouvers-real-estate-market.html)

Traum 09-22-2014 09:02 AM

Quote:

Originally Posted by Carl Johnson (Post 8532559)
Wouldn't surprise me at all if some of that 200m went into local real estate. as chinese property market deflation accelerating, vancouver will be right behind it.

I wouldn't be so sure to count on the Vancouver RE market deflating as a result of Mainland China's anti-corruption blitz. As far as I am concerned, it is too difficult to tell what the fallout is gonna be. The anti-corruption campaign could either scare people into not funneling money out of the country, or it could scare people into accelerating their money funneling before they get caught.

Carl Johnson 09-22-2014 07:50 PM

Quote:

Originally Posted by Traum (Post 8532640)
I wouldn't be so sure to count on the Vancouver RE market deflating as a result of Mainland China's anti-corruption blitz. As far as I am concerned, it is too difficult to tell what the fallout is gonna be. The anti-corruption campaign could either scare people into not funneling money out of the country, or it could scare people into accelerating their money funneling before they get caught.

you're right. i dont think vancouver real estate will be solely affected due to chinese anti-corruption drive. although a lot of money have gotten confiscated that otherwise might've ended up here in vancouver. at the end of the day, value drives real estate sales. vancouver is not different than any other city, no matter what the real estate agents would tell you. fundamentally speaking, price in real terms, price to income and price to rent ratio all point to a big correction for this town. its not a matter of if, it's only a matter of when. as i pointed out a few pages back, our country's dependence on exporting natural resources also put us in a vulnerable position if china experiences any problem with their property market.

multicartual 09-23-2014 12:02 AM

Fuck 900k in this city gets you a fucking DUMP on the east side


Sigh

StylinRed 09-23-2014 01:43 AM

you can find some alright homes around 900 along the borders of Van just got to look

you could certainly find a nice apartment

sonick 09-23-2014 08:00 AM

My realtor is listing a penthouse at Woodwards in Gastown for $900k. You interested multicartual?

GLOW 09-23-2014 08:25 AM

Quote:

Originally Posted by multicartual (Post 8533069)
Fuck 900k in this city gets you a fucking DUMP on the east side


Sigh

:okay:

Quote:

Originally Posted by sonick (Post 8533112)
My realtor is listing a penthouse at Woodwards in Gastown for $900k. You interested multicartual?

horry shiet :seriously:
did your realtor tell you this with this expression? :badpokerface:

sonick 09-24-2014 12:01 PM

Rich People Real Estate Problems:
West Van homeowner sues neighbour for towering trees blocking out million-dollar views

Traum 09-24-2014 12:08 PM

Quote:

Originally Posted by sonick (Post 8533745)

WTF, man... :fulloffuck: This suing idiot... :facepalm:

westopher 09-24-2014 12:16 PM

I hope he sells the house, reinvests the money poorly and loses everything he owns the same day. Greedy fucking pieces of shit like this are ruining the world.

Spoon 09-24-2014 12:36 PM

Quote:

Originally Posted by sonick (Post 8533745)

Key to falling real-estate prices: plant more trees. :badpokerface:

xpl0sive 09-24-2014 12:40 PM

Quote:

According to the lawsuit, the Hudson Court home is bound by a restrictive covenant that forbids any tree from growing higher than the roofline. The covenant, authored by British Pacific Properties, notes the negative impact unkempt landscaping could have on the Chippendale home.

Romy Chen, owner of the Hudson Court home, has been in breach of the covenant since 2011, according to Kuai, whose suit claims some trees exceed the roofline by 20 feet.
Technically the neighbour is in the wrong, if there is indeed a covenant which restricts the height of the trees. I'm guessing the court will make the neighbour cut the trees and send Mr. Xu Kuai on his merry way

Mr.C 09-24-2014 12:57 PM

Quote:

Originally Posted by xpl0sive (Post 8533761)
Technically the neighbour is in the wrong, if there is indeed a covenant which restricts the height of the trees. I'm guessing the court will make the neighbour cut the trees and send Mr. Xu Kuai on his merry way

Yup. The homeowner has a case.

westopher 09-24-2014 01:03 PM

You know what would make things way better. Thinking, hey, trees are part of nature, and nature is pretty cool. Its a stupid fucking rule, for stupid people to sue people for stupid things. Clearly common sense should prevail on something like this. the trees are in the bottom corner of a nearly unobstructed sightline out the window in the article. If the tree branches were covering his window, I can understand, but he's literally suing someone because he can see their trees.

Mr.HappySilp 09-24-2014 01:27 PM

Quote:

Originally Posted by westopher (Post 8533775)
You know what would make things way better. Thinking, hey, trees are part of nature, and nature is pretty cool. Its a stupid fucking rule, for stupid people to sue people for stupid things. Clearly common sense should prevail on something like this. the trees are in the bottom corner of a nearly unobstructed sightline out the window in the article. If the tree branches were covering his window, I can understand, but he's literally suing someone because he can see their trees.

Can his neighbor sue him because everytime he drove by, his car is polluting the air therefore it is causing health issues.

Mr.C 09-24-2014 02:57 PM

Quote:

Originally Posted by westopher (Post 8533775)
You know what would make things way better. Thinking, hey, trees are part of nature, and nature is pretty cool. Its a stupid fucking rule, for stupid people to sue people for stupid things. Clearly common sense should prevail on something like this. the trees are in the bottom corner of a nearly unobstructed sightline out the window in the article. If the tree branches were covering his window, I can understand, but he's literally suing someone because he can see their trees.

Doesn't matter how stupid it is. It's in the covenant, and it appears that the guy who's being sued has been aware of it for years.

Gululu 09-24-2014 03:56 PM

33 offers spur bidding war on West Van home | Watch News Videos Online

its that time of year again Chinese national holiday week. my friend realtor is fully booked with loaded buyers

alphaspec1mens 09-24-2014 06:02 PM

Quote:

Originally Posted by StylinRed (Post 8533085)
you can find some alright homes around 900 along the borders of Van just got to look

you could certainly find a nice apartment

would a 5'6 guy purchasing a 900k home get laid more than a 6'1 good-looking guy in a $500month basement suite?

GLOW 09-24-2014 06:20 PM

yes. ever see any pr0n videos taking place in a basement? well, maybe a fetish video :troll:

alphaspec1mens 09-24-2014 06:25 PM

Quote:

Originally Posted by GLOW (Post 8533918)
yes. ever see any pr0n videos taking place in a basement? well, maybe a fetish video :troll:

still if you had some natural game, you'd still be getting the chick first by being

6'1 good looking
>

5'6 900k

the girl wants the 6'1 sperm for reproduction and 5'6 money for long-term stability

iEatClams 09-24-2014 08:51 PM

Quote:

Originally Posted by Mr.C (Post 8533823)
Doesn't matter how stupid it is. It's in the covenant, and it appears that the guy who's being sued has been aware of it for years.

actually it may matter if it's stupid. depending on when that covenant was written, it may no longer be valid.

for example, many convenants and liens on many properties were written 40 + years ago, at a time when these convenents and liens did not adhere to modern "laws".

for example, back in the day, many land titles acts and convenants restrict Asians, East indians and blacks from owning land, so that the neighbourhoods remain white neighbourhoods. It's too costly to actually change many of these titles/ covenants and right of ways so they are still there. But if anyone ever tries to enforce these convenants, they would automatically lose as a modern court would say it's against the charter or some sort of human/civil or racial rights act etc.

xpl0sive 09-25-2014 11:28 AM

$2-million real estate price point reaches East Vancouver's Fraser Street

alphaspec1mens 09-25-2014 01:37 PM

Quote:

Originally Posted by Gululu (Post 8533836)
33 offers spur bidding war on West Van home | Watch News Videos Online

its that time of year again Chinese national holiday week. my friend realtor is fully booked with loaded buyers

is your realtor HUNG?

tell a 5'6 beta male with $ to go look and buy one

alphaspec1mens 09-25-2014 02:26 PM

Quote:

Originally Posted by xpl0sive (Post 8534228)

home price always go up in value its better to purchase than to rent and pay someonelse's mortgage and have nothing to show for at the end

VR6GTI 09-25-2014 02:59 PM

Quote:

Originally Posted by alphaspec1mens (Post 8534295)
home price always go up in value its better to purchase than to rent and pay someonelse's mortgage and have nothing to show for at the end

always, always, always, :heckno:

Lomac 09-25-2014 04:26 PM

Quote:

Originally Posted by alphaspec1mens (Post 8534295)
home price always go up in value its better to purchase than to rent and pay someonelse's mortgage and have nothing to show for at the end

Home prices always go up? Tell that to the people hit by the real estate bubble down south...

:rolleyes:


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