kingofsurrey Posted June 16, 2018 Share Posted June 16, 2018 15 minutes ago, riffraff said: 400 summers ago there wasn't any either. Good old days ? camping right on spanish banks or on third beach Link to comment Share on other sites More sharing options...
Russ Posted June 16, 2018 Share Posted June 16, 2018 18 hours ago, kingofsurrey said: Just gets worse for BC realtors.... https://www.abbynews.com/business/b-c-realtors-must-now-disclose-commission-cant-represent-buyer-and-seller/ As of Friday, Realtors and real estate agents are no longer allowed to represent both the buyer and seller in a transaction – a practice also known as “dual agency.” This is the best thing for consumers. I remember my wife and I got screwed out of a house because the selling realtor wouldn't answer our realtor for 3 days and then finally gets ahold of us and says "oh sorry didn't see your messages we just accepted an offer this morning" oh many was my realtor pissed because he hated that shady crap. He did some digging and found out he ended up being both the buying and selling. Was a real piss off, was a nice place in Mission we would have loved to have lived but oh well, ended up with something as nice or better in the end for a bit more. I just figure realtors will go find their buddy, give them one of the clients and then get a cut of the sales from the second realtor. Concept is great but I am sure guys will find a way around it. I know many realtors who wouldn't push for trying to be dual realtors themselves but if it happened then it would just happen. Its the dicks who have buyers, look around, get a seller and just match them up instantly to make the extra quick buck. Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted June 16, 2018 Share Posted June 16, 2018 Apparently in the Fraser Valley prices went down in April, then rose 1% in May. While 1% obviously isn't a lot, in the context of a $700,000 house it's a huge amount. Link to comment Share on other sites More sharing options...
The Arrogant Worms Posted June 29, 2018 Share Posted June 29, 2018 Lower Mainland real estate 'refugees' head to Vancouver Island for better home values, quality of life http://vancouversun.com/news/local-news/lower-mainlanders-moving-to-central-vancouver-island-en-masse Link to comment Share on other sites More sharing options...
riffraff Posted July 23, 2018 Share Posted July 23, 2018 Yay! oh wait. I coulda used this years ago. but still. Yay! http://www.cbc.ca/news/business/cmhc-self-employed-mortgages-1.4753446 Link to comment Share on other sites More sharing options...
kingofsurrey Posted August 19, 2018 Share Posted August 19, 2018 Is it time now to liquidate real estate holdings in BC an move investments into the TSX ? Link to comment Share on other sites More sharing options...
riffraff Posted August 19, 2018 Share Posted August 19, 2018 41 minutes ago, kingofsurrey said: Is it time now to liquidate real estate holdings in BC an move investments into the TSX ? Anyone with a garuntee answer pm me:) 1 Link to comment Share on other sites More sharing options...
Violator Posted August 19, 2018 Share Posted August 19, 2018 Now that i essentially own a house close to the lower mainland i hope the relax the rules on foreign ownership. 1 Link to comment Share on other sites More sharing options...
kingofsurrey Posted August 20, 2018 Share Posted August 20, 2018 2 hours ago, Violator said: Now that i essentially own a house close to the lower mainland i hope the relax the rules on foreign ownership. Don't see it happening... New Zealand just banned foreign ownership for absent owners.... http://www.france24.com/en/20180817-new-zealand-curbs-foreign-property-ownership Link to comment Share on other sites More sharing options...
189lb enforcers? Posted August 20, 2018 Share Posted August 20, 2018 2 hours ago, Violator said: Now that i essentially own a house close to the lower mainland i hope the relax the rules on foreign ownership. No... ha, now you get to be like some BCers Surrender your land and Home... to be given back to your local Indian band. Lets settle our treaties! This stuff happens. What i’d love to see is for the gutless politicians to give up land near Vancouver somewhere, not say the Chilcotin, to settle treaty and land issues for aboriginal title. Ranchers i I knew had to do this, way out in the bush, far from Robson Street. I’d love to see the lawyers and politicians start settling treaty issues down there, FIRST, or in Surrey or Richmond, instead of out with small-time, part-time ranchers in the bush. Link to comment Share on other sites More sharing options...
riffraff Posted August 20, 2018 Share Posted August 20, 2018 32 minutes ago, kingofsurrey said: Don't see it happening... New Zealand just banned foreign ownership for absent owners.... http://www.france24.com/en/20180817-new-zealand-curbs-foreign-property-ownership I provided a link to this story somewhere....anyway, well done NZ. Link to comment Share on other sites More sharing options...
Violator Posted August 20, 2018 Share Posted August 20, 2018 17 minutes ago, 189lb enforcers? said: No... ha, now you get to be like some BCers Surrender your land and Home... to be given back to your local Indian band. Lets settle our treaties! This stuff happens. What i’d love to see is for the gutless politicians to give up land near Vancouver somewhere, not say the Chilcotin, to settle treaty and land issues for aboriginal title. Ranchers i I knew had to do this, way out in the bush, far from Robson Street. I’d love to see the lawyers and politicians start settling treaty issues down there, FIRST, or in Surrey or Richmond, instead of out with small-time, part-time ranchers in the bush. Surrender north vancouver 1 Link to comment Share on other sites More sharing options...
kingofsurrey Posted September 6, 2018 Share Posted September 6, 2018 We all saw it coming right.... even if your realtor will not admit it..... https://vancouversun.com/business/real-estate/metro-vancouver-sees-house-prices-edge-lower-for-second-straight-month Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted September 6, 2018 Share Posted September 6, 2018 Meanwhile the "average" house in Abbotsford is still well over 800k. Townhouses over 400. We're going to need a 50% correction. Link to comment Share on other sites More sharing options...
riffraff Posted September 6, 2018 Share Posted September 6, 2018 10 hours ago, kingofsurrey said: We all saw it coming right.... even if your realtor will not admit it..... https://vancouversun.com/business/real-estate/metro-vancouver-sees-house-prices-edge-lower-for-second-straight-month Saw what? part of a real estate cycle that has existed forever? Link to comment Share on other sites More sharing options...
Ronaldoescobar Posted September 6, 2018 Share Posted September 6, 2018 If you buy a house it is expensive. Real Estate for Real! Link to comment Share on other sites More sharing options...
taxi Posted September 6, 2018 Share Posted September 6, 2018 1 hour ago, riffraff said: Saw what? part of a real estate cycle that has existed forever? Yes. There were still many people stating that prices were not going to go down, and that the economy was benefiting from the ever increasing prices. Link to comment Share on other sites More sharing options...
riffraff Posted September 6, 2018 Share Posted September 6, 2018 (edited) 19 minutes ago, taxi said: Yes. There were still many people stating that prices were not going to go down, and that the economy was benefiting from the ever increasing prices. Agree. I think the two of us have exchanged some posts on this topic. imo, prices will, may, and in some areas have dropped. But the benchmark prices, I feel, will remain high(er) - and still out of reach for most. And that includes rental rates. Edited September 6, 2018 by riffraff Link to comment Share on other sites More sharing options...
taxi Posted September 6, 2018 Share Posted September 6, 2018 4 minutes ago, riffraff said: Agree. I think the two of us have exchanged some posts on this topic. imo, prices will, may, and in some areas have dropped. But the benchmark prices, I feel, will remain high(er) - and still out of reach for most. And that includes rental rates. If you look at current sales, the lower end is still decent, but anything over 1.2 million is non-existent. I think things will remain expensive on the lower end, but we'll begin to see a market where higher earners and people with established equity will actually be able to work their up into a detached property. In other words, the market will change so that it becomes somewhat tied to the local economy. Link to comment Share on other sites More sharing options...
Warhippy Posted September 27, 2018 Share Posted September 27, 2018 I do wonder what the Libs will be saying about this motion. There was a LOT of talk about their shutting down German and his invesitgative unit in to fraud and money laundering and the reasons why. https://www.cbc.ca/news/canada/british-columbia/province-appoints-task-force-to-get-dirty-money-out-of-real-estate-1.4841085 I think we can start expecting a sell off soon if they apply the right laws and pressure Link to comment Share on other sites More sharing options...
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