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08-17-2011, 08:57 PM
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#26 | | Need my Daily Fix of RS
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Originally Posted by RFlush  Wait, WHAT?!
Kits Beach being in the top 10 in the WORLD!? 
Kits: 
Maldives:   |
LOLOLOL kits beach. *wipes tear. Oh man , that's rich.
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08-17-2011, 10:14 PM
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#27 | | HELP ME PLS!!!
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Originally Posted by MindBomber ^Our real estate prices seem high, because people insist on comparing our city to places like Phoenix or Detroit, which is completely unreasonable. Vancouver hosted the olympics less than two years ago and is consistantly rated among the most liveable cities in the world, not to mention kits beach being ranked among the top 10 in the world despite this being Canada.
So if you think our real estate is priced to high, compare Vancouver to New York, London, Paris, LA, Hong Kong or another city recognized around the world. Prices really aren't that high. If your cheap, move to Chilliwack and buy a house for $200k. Posted via RS Mobile | You don't have a clue about what you're saying. Better to just keep quiet in these circumstances.
I literally laughed hysterically when I read that you compared Vancouver to those large metropolitan cities.
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08-17-2011, 10:19 PM
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#28 | | RS.net, where our google ads make absolutely no sense!
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Originally Posted by sundance1911 I think you are getting it all wrong.
Most, if not all of those Chinese investors have no intention of assimilating, actually I am sure the idea of assimilation has probably never crossed their mind.
They see here as their vacation home and a place for investment, they have no intention of becoming canadian.
Think about it, when white people first moved to canada, did they prefer to live with the natives, or the whites stayed in their own european circle as well?
human are all the same. | Yes they lived with the natives and had children with the natives. Ever heard of the French or the Spanish? Don't they teach history in school anymore?
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08-17-2011, 11:39 PM
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#29 | | Even when im right, revscene.net is still right!
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Originally Posted by MindBomber not to mention kits beach being ranked among the top 10 in the world despite this being Canada. Posted via RS Mobile | I'd fail you, but I can't. I can think of at least ten beaches in the USA, not to mention places that there are real beaches, like Brazil or the Caribbean or Polynesia that are infinitely better than the ugly pile of rocks there.
@OP: What else is new? Just don't buy in Vancouver. There are awesome houses out in Langley or South Surrey that are even better than the ones in Richmond.
Plus, when and if there is an earthquake, your house in those places will likely survive. The ones in Richmond, however...
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08-18-2011, 12:08 AM
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#30 | | Rs has made me the man i am today!
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Shoot, this will keep driving the prices sky high, but at least they're only looking at the multi million dollar homes. Even if I had already worked 40 years and I had a time machine to go back 10 years before the crazy boom, I wouldn't be looking at those houses.
I think the bank told my parents friends that Canada might be putting some new restrictions for foreign investors by the end of this year. Whether it'll change a damn thing I doubt it. Posted via RS Mobile | |
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08-18-2011, 12:13 AM
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#31 | | I WANT MY 10 YEARS BACK FROM RS.net!
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Originally Posted by RFlush Wait, WHAT?!
Kits Beach being in the top 10 in the WORLD!? | finding a decent beach right by the city is hard though. I wouldn't consider myself worldly by any means but i wouldn't be surprised if the massive beach front in Rio is heavily polluted
The only decent beach by a decent sized city that comes to mind would probably be in sydney
Last edited by twitchyzero; 08-18-2011 at 12:24 AM.
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08-18-2011, 12:22 AM
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#32 | | Banned By Establishment
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Fact most homes in the gvrd are a mil. Posted via RS Mobile | |
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08-18-2011, 12:42 AM
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#33 | | HELP ME PLS!!!
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Even house prices in Surrey/Langley is heavily inflated at 600k+ each. There's no such thing as affordable housing in GVRD.
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08-18-2011, 12:47 AM
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#34 | | Even when im right, revscene.net is still right!
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Originally Posted by twitchyzero finding a decent beach right by the city is hard though. I wouldn't consider myself worldly by any means but i wouldn't be surprised if the massive beach front in Rio is heavily polluted
The only decent beach by a decent sized city that comes to mind would probably be in sydney | There are a ton of beaches around Rio. I'd say about half are polluted as fuck. Think little or no marine life near shore. The ones that face the inlet are bad. The ones that face the ocean are reasonably clean. However, Rio also has fifteen million people. Apples, oranges, etc. Try comparing Vancouver (2.8mm) with cities like Recife (4.1mm) and Salvador (4mm), for example. Their beaches will be actual clean beaches, in large cities.
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08-18-2011, 01:04 AM
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#35 | | OMGWTFBBQ is a common word I say everyday
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Originally Posted by optiblue Shoot, this will keep driving the prices sky high, but at least they're only looking at the multi million dollar homes. Even if I had already worked 40 years and I had a time machine to go back 10 years before the crazy boom, I wouldn't be looking at those houses.
I think the bank told my parents friends that Canada might be putting some new restrictions for foreign investors by the end of this year. Whether it'll change a damn thing I doubt it. Posted via RS Mobile | if BoC restricts the foreign buying, with regular Canadian family income, the housing market in GVRD will crush so hard the US will laugh
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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08-18-2011, 01:13 AM
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#36 | | HELP ME PLS!!!
Join Date: Jan 2005 Location: Vancouver
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Originally Posted by optiblue I think the bank told my parents friends that Canada might be putting some new restrictions for foreign investors by the end of this year. Whether it'll change a damn thing I doubt it. Posted via RS Mobile | That's not gonna happen.
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08-18-2011, 03:28 PM
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#37 | | Rs has made me the man i am today!
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Originally Posted by willystyle That's not gonna happen. | Never say never as its already imposed on other provinces in Canada. BC is turning the blind eye for now, but it's ultimately very possible. However, it won't change the market if its actually people that immigrate here and live in their purchased properties. With the increasing number of exotics and high end cars you see on the roads, it appears there are more people actually coming here to stay than there are investors. If they impose that law, you'll just see more and more expensive houses and cars, along with businesses that open up and hire locals, followed by closing down after a couple of years of losing money. http://www.cbc.ca/news/canada/britis...trictions.html Posted via RS Mobile | |
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08-18-2011, 04:04 PM
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#38 | | regulator
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Originally Posted by Mr.C I'd fail you, but I can't. I can think of at least ten beaches in the USA, not to mention places that there are real beaches, like Brazil or the Caribbean or Polynesia that are infinitely better than the ugly pile of rocks there.
@OP: What else is new? Just don't buy in Vancouver. There are awesome houses out in Langley or South Surrey that are even better than the ones in Richmond.
Plus, when and if there is an earthquake, your house in those places will likely survive. The ones in Richmond, however... | Don't shoot the messenger. IIRC, it was top 10 "urban beaches".
__________________ Quote: Originally posted by Mr.HappySilp
^^ I think u seen jeus..... Lol. u shouldn't be scare of jeus. | | |
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08-18-2011, 08:45 PM
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#39 | | My homepage has been set to RS
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Dunno if it has to do with the housing prices or not, but starting to notice that mainland chinese is coming in in masses while the HK people are getting the fuck out and migrating back to hk
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08-18-2011, 08:53 PM
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#40 | | To me, there is the Internet and there is RS
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__________________
Until the lions have their own historians, the history of the hunt will always glorify the hunter. | 
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08-18-2011, 09:58 PM
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#41 | | I WANT MY 10 YEARS BACK FROM RS.net!
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^ that's different
it's for leisure as well...unlike many of these that will never be lived in by the investor
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08-18-2011, 11:45 PM
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#42 | | Rs has made me the woman i am today!
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Maybe "local people" should stop competing for 2500+sqft houses that are less than 5 years old. Quote:
Originally Posted by fsy82 fuck man..this is making things worse here. the local people cant afford houses cause these assholes from overseas are jacking up the prices | | |
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08-18-2011, 11:51 PM
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#43 | | Rs has made me the woman i am today!
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What are some places where you can have positive income on rent alone? All out east from what I see. Quote:
Originally Posted by 4444 3 things - if you can't afford to buy in vancouver, don't buy in vancouver
rents are LOW in vancouver relative to capital cost, so perhaps you could buy in another jurisdiction where rentals are better (believe it or not there are places where your rental income will cover your costs & povide you with some margin) - and then use that money to pay your rent here. you'll also be exposed to, if you ask me, more upside (how much higher can vancouver prices go with limited local buying? and absolutely limited first time buyers), and definitely less downside, as you're protected by the yield you get from rentals (even in down economies, where rentals increase)
also, if mortgage rates go up, that won't chnage the foreign investors, as foreign investors won't be, for the most part, buying with borrowed money
and finally, for the 'vancouver's so special' - its not, london is a financial, and many other things, hub, NY is a financial hub, southern california (which are way cheaper) not only have significnatly larger economies, but also have what is known as the best weather in the world. Also notice that London, NY, LA, etc have populations of 8, 9, 10M... vancouver is a very pretty city, but is effectively a small hick town with VERY LIMITED industry/economy. don't get me wrong, there are some great aspects to vancouver, but its NOT a big city, so comparing to mega cities such as NY, London, its ridiculous | | |
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08-18-2011, 11:56 PM
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#44 | | Rs has made me the woman i am today!
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The drug trade will keep the prices up. Quote:
Originally Posted by wouwou if BoC restricts the foreign buying, with regular Canadian family income, the housing market in GVRD will crush so hard the US will laugh | | |
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08-18-2011, 11:56 PM
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#45 | | Rs has made me the woman i am today!
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Quality of life in those places compared to vancouver? Least the chicks are probally friendlier. Quote:
Originally Posted by Mr.C There are a ton of beaches around Rio. I'd say about half are polluted as fuck. Think little or no marine life near shore. The ones that face the inlet are bad. The ones that face the ocean are reasonably clean. However, Rio also has fifteen million people. Apples, oranges, etc. Try comparing Vancouver (2.8mm) with cities like Recife (4.1mm) and Salvador (4mm), for example. Their beaches will be actual clean beaches, in large cities. | | |
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