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03-16-2016, 08:22 PM
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#5351 | OMGWTFBBQ is a common word I say everyday
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Originally Posted by Mr.Money 900 for a place in yellowknife?....what in the entire fuck...Are they getting rich off the Mining sector there? | Something like that. A lot of transients as well. Quote:
Originally Posted by Manic! Everything including building material has to be brought in. In some places up north it costs over $20 for a case of Nestle bottled water. Something you can get for less than 4 bux at Walmart. | Not really in YK or Hay River. That's more in the communities where you'll see stupid prices for stuff. So far everything has been a few dollars more... Beer is a little bit more, pubs don't have drink specials, some fruit is more, etc. For the most part it's just all the little things are a little bit more, nothing too crazy though so far.
It used to be nuts back before they put the bridge in over the Mackenzie because there would be about a month where the ice melted so you couldn't drive across, but there was still ice flows so the ferry wasn't running... Couldn't get anything in or out of the NWT except by plane. Quote:
Originally Posted by hud 91gt Time to buy a nice 350k double wide | Hahaha, eff that. My price range was going to get me a scummy trailer, like something Ricky from Trailer Park Boys would live in. Plus I don't make much at my new position and was hesitant in case "something goes" like the furnace, roof, etc. Condo is safer in that regard for the most part. Guess what my condo fees are hahahaha.
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03-16-2016, 08:24 PM
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#5352 | Head of HR....have a seat on that couch
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__________________ feedback Originally posted by v.b. can we stop, my pussy hurts... Originally posted by asian_XL fliptuner, I am gonna grab ur dick and pee in your face, then rub shit all over my face...:lol Originally posted by Fei-Ji haha i can taste the cum in my mouth Originally posted by FastAnna when I was 13 I wanted to be a video hoe so bad RSUV #7 |
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03-18-2016, 12:53 PM
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#5353 | RS.net, helping ugly ppl have sex since 2001
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Krusty is promising to end "shadow flipping" in BC's real estate market. Premier Christy Clark promises an end to shadow flipping in BC real estate - NEWS 1130
Premier Christy Clark says she plans to end shadow flipping in BC’s real estate market.
“Shadow flipping” happens before a sale closes, when a sale contract is flipped at a higher price by the realtor — often without the knowledge of the seller.
The process can drive the price up significantly, allowing real estate agents to make much higher commissions and also avoid paying the property transfer tax.
“We are going to require that every seller provide not just consent, but informed consent for an assignment. Second, that any profits… that accrue to the assignee automatically go back to the seller,” says Clark.
“If someone assigns the sale of their home to someone else and the person to whom it is assigned makes an additional profit on the final sale of that home, that profit will go back to the seller.”
The seller will also have to be made aware of changes in contract assignments. Clark says the changes will be implemented soon.
Clark says the practice of shadow flipping has been driven by greed. “Pure, naked greed. The way to end that shady practice for greedy people is take the profit out of it.”
The Real Estate Council is investigating the extent of the problem and what impact it might have on inflated property prices.
The premier says the council is also looking into whether double-enders in real estate should be addressed, adding it is a very complex issue. “In different markets across the province — especially in very small communities — sometimes, it’s more necessary if there are fewer realtors in the community, to move the real estate through that process.”
Finance Minister Michael de Jong and Deputy Premier Rich Coleman are set to meet with Vancouver Mayor Gregor Robertson to discuss steps to improve affordability in the city.
NDP questions timing of the announcement
BC NDP leader John Horgan says Clark’s announcement is a positive step on unethical behaviour, “but the premier could have done this a year ago.
“I’m just curious in her timing. Does it have anything to do with Laura Miller? Does it have anything to do with the fact that the NDP is leading on this issue and they’re coming behind? Or is it just that they’ve run out of liquor announcements?”
Yesterday, the NDP tabled two bills it felt would help address the issue.
The Housing Affordability Fund and Speculator Fee Act aims to create a way for government to collect information about speculators treating the housing market here purely as an investment, leaving properties empty rather than renting them out. It would collect a two per cent tax on the assessed value of the property.
The Property Transfer Tax Fairness Act looks to stop shadow flippers and international property investors who may find loopholes to avoid paying that tax.
Horgan thinks the best approach is a combination of the ideas put forward by his party yesterday and by the premier today.
“Obviously, if we can keep money in the pocket of the initial seller, that’s good news for them. What we’ve been concerned about is the loss of revenue by allowing shadow flipping to take place and not capturing that property transfer tax. If we can meld the two together, I think we’ve got a step in the right direction.”
Horgan insists what people are really concerned about is affordability. “If you can’t get into the market, if you can’t find rental accommodation — that’s a problem.”
“If you can’t get into the market at the bottom end, the top end will just keep on rising. We have a hyper-inflated market here. It’s a disincentive to companies to locate here. They can’t recruit and retain skilled workers because the housing prices are so great. We need to address it with a number of solu
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Go Canucks go!
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03-18-2016, 02:01 PM
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#5354 | I don't get it
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So 4444, if you put say 1 million into Vancouver real estate when the thread started vs now selling values how much are you saying you'd be ahead?
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03-18-2016, 02:40 PM
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#5355 | 14 dolla balla aint got nothing on me!
Join Date: May 2013 Location: Richmond
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So what, you sold your house for 5 million but someone made an extra million on the side?
Shadow flipping does nothing and is a waste of time. Nobody cares. Only those few that had homes jump up and profited 10000% care. Why not focus on the more important issue of affordable housing where 99% of the people living here are affected by?
Last edited by kr4l; 03-18-2016 at 02:50 PM.
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03-18-2016, 04:22 PM
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#5356 | I bringith the lowerballerith
Join Date: Dec 2003 Location: Vancouver
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| epicprice.JPG
The new EPIC at False Creek pricing got announced.
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03-18-2016, 04:28 PM
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#5357 | Willing to sell a family member for a few minutes on RS
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Is the building made of diamonds?
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98 technoviolet M3/2/5 Quote:
Originally Posted by boostfever Westopher is correct. | Quote:
Originally Posted by fsy82 seems like you got a dick up your ass well..get that checked | Quote:
Originally Posted by punkwax Well.. I’d hate to be the first to say it, but Westopher is correct. | |
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03-18-2016, 04:43 PM
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#5358 | RS has made me the bitter person i am today!
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Originally Posted by Digitalis So 4444, if you put say 1 million into Vancouver real estate when the thread started vs now selling values how much are you saying you'd be ahead? | I'd say probably not much assuming that amount of money was invested elsewhere.
In 2012 (when the thread started), USD:CAD was roughly at par (slightly higher for CAD throughout the year as a matter of fact).
My family investment fund (my parents and my 2 uncles put together their money to invest in US) bought a commercial property for 3.5M USD in Texas in mid 2013 that generates 300k in rent NNN per year, or around 1.2M in the 4yr period. They sold it earlier this year in late Jan for 6.3M. So total earning was 6.3(sold price)+1.2(NNN rent)-3.5(original investment)=4M USD gain, or at today's rate, 5.2M in CAD.
So, for the same 3.5M CAD in 2013, if we bought a house in West Side, we probably had doubled in CAD term if lucky, so 7M CAD today. Assuming we could rent it out for 5k per month (and I'd say it's generous), that's 60k per year in rent, minus roughly 10k for taxes, insurance and maintenance cost, we are looking at 7.2M CAD. 7.2-3.5=3.7M CAD gain.
My point is... open your mind a bit... it's not just Vancouver RE that's going up in value. And when it comes to investment, pick wisely.
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Nothing for now
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03-18-2016, 04:57 PM
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#5359 | I have named my kids VIC and VLS
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it's so gross that 2 bed/den are under 1000 sq feet.. fuck
downtown it is what it is, but thats pretty much the standard everywhere..
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Dank memes cant melt steel beams
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03-18-2016, 05:37 PM
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#5360 | Pull Out Towing. Women rescued for free.
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Originally Posted by Hondaracer it's so gross that 2 bed/den are under 1000 sq feet.. fuck
downtown it is what it is, but thats pretty much the standard everywhere.. | Try imagining 4 bedroom Duplexes that are 1000 sq ft.
2 upstairs and 2 downstairs and each floor is around 500 sq ft.
__________________ Originally posted by Iceman_19 you should have tried to touch his penis. that really throws them off. Originally posted by The7even SumAznGuy > Billboa Originally posted by 1990TSI SumAznGuy> Internet > tinytrix Quote:
Originally Posted by tofu1413 and icing on the cake, lady driving a newer chrysler 200 infront of me... jumped out of her car, dropped her pants, did an immediate squat and did probably the longest public relief ever...... steam and all. | (11-0-0) Buy/Sell rating Christine Shitvic Pull Out Towing |
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03-18-2016, 05:40 PM
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#5361 | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
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Originally Posted by Hondaracer it's so gross that 2 bed/den are under 1000 sq feet.. fuck
downtown it is what it is, but thats pretty much the standard everywhere.. | Seems pretty standard. I seen 1 bedroom that's 300sq ft lol. There are no rooms. The living is double as a bedroom and washer and drying is under the TV.
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03-20-2016, 12:15 AM
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#5362 | I *heart* Revscene.net very Muchie
Join Date: Apr 2001 Location: Van, BC
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Those are called studios/bachelors, not exactly new
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03-20-2016, 12:35 AM
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#5363 | It's like going crazy when you're already nuts
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Originally Posted by SumAznGuy Try imagining 4 bedroom Duplexes that are 1000 sq ft.
2 upstairs and 2 downstairs and each floor is around 500 sq ft. | Why rent when you can buy? This beautifully renovated 1000 sq ft duplex home located in the up and coming Strathcona neighbourhood features a fully equipped European inspired kitchen with top of the line Kitchen-Aid stainless appliances, and 9 foot ceilings with pot lights throughout that shine brightly on the faux walnut laminate flooring. A main floor 2 bedroom suite with a separate side entrance makes this home a great potential for an income property. Open house Mar 26 2-4PM
Sum Ting Wong
New Coast Realty
778-888-8888
$988,000
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03-20-2016, 06:44 AM
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#5364 | Need my Daily Fix of RS
Join Date: Jun 2012 Location: Not Vancouver
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533k for a 1 bedroom condo. What is wrong with you people.
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03-20-2016, 11:08 AM
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#5365 | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007 Location: Vancouver BC
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Originally Posted by jing Why rent when you can buy? This beautifully renovated 1000 sq ft duplex home located in the up and coming Strathcona neighbourhood features a fully equipped European inspired kitchen with top of the line Kitchen-Aid stainless appliances, and 9 foot ceilings with pot lights throughout that shine brightly on the faux walnut laminate flooring. A main floor 2 bedroom suite with a separate side entrance makes this home a great potential for an income property. Open house Mar 26 2-4PM
Sum Ting Wong
New Coast Realty 778-888-8888
$988,000 | |
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03-20-2016, 12:43 PM
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#5366 | y'all better put some respeck on my name
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Originally Posted by buhdeh 533k for a 1 bedroom condo. What is wrong with you people. | I've seen a few 1 bedrooms in YT sell for close to $540k and prices will gain to go up. There was a time a couple years ago when you could make money from buying a 1 bedroom in DT but those days are slipping away.
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03-20-2016, 02:15 PM
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#5367 | Need to Seek Professional Help
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The lineup at epic started wednesday afternoon. $900/sqft is the ask in that area now.
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03-20-2016, 02:42 PM
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#5368 | I told him no, what y'all do?
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Originally Posted by twitchyzero | he also works with Tap Sum Bong 555-425-9394
__________________ Feedback http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner 1 rat shit ruins the whole congee originalhypa You cannot live the life of a whore and expect a monument to your chastity | Quote:
[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
[17-09, 12:07]FastAnna glowjob
[17-09, 12:08]FastAnna I like dat
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03-20-2016, 03:13 PM
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#5369 | It's like going crazy when you're already nuts
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Originally Posted by twitchyzero | Failed attempt at a satirical post.
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03-20-2016, 03:34 PM
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#5370 | Head of HR....have a seat on that couch
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best deal. hurry up and bai
__________________ feedback Originally posted by v.b. can we stop, my pussy hurts... Originally posted by asian_XL fliptuner, I am gonna grab ur dick and pee in your face, then rub shit all over my face...:lol Originally posted by Fei-Ji haha i can taste the cum in my mouth Originally posted by FastAnna when I was 13 I wanted to be a video hoe so bad RSUV #7 |
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03-20-2016, 05:49 PM
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#5371 | Pull Out Towing. Women rescued for free.
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Originally Posted by Alpine The lineup at epic started wednesday afternoon. $900/sqft is the ask in that area now. | Let's see what is for sale. Jr one bedroom
one bedroom plus den
2 and 3 bedrooms.
Eek. Scared to ask how big a jr one bedroom condo will be.
__________________ Originally posted by Iceman_19 you should have tried to touch his penis. that really throws them off. Originally posted by The7even SumAznGuy > Billboa Originally posted by 1990TSI SumAznGuy> Internet > tinytrix Quote:
Originally Posted by tofu1413 and icing on the cake, lady driving a newer chrysler 200 infront of me... jumped out of her car, dropped her pants, did an immediate squat and did probably the longest public relief ever...... steam and all. | (11-0-0) Buy/Sell rating Christine Shitvic Pull Out Towing |
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03-20-2016, 07:27 PM
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#5372 | Even when im right, revscene.net is still right!
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Originally Posted by SumAznGuy Let's see what is for sale. Jr one bedroom
one bedroom plus den
2 and 3 bedrooms.
Eek. Scared to ask how big a jr one bedroom condo will be. | It's there. A massive 469 sqft LOL
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03-20-2016, 07:52 PM
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#5373 | RS.net, where our google ads make absolutely no sense!
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03-21-2016, 01:47 AM
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#5374 | I contribute to threads in the offtopic forum
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Originally Posted by Manic! Everything including building material has to be brought in. In some places up north it costs over $20 for a case of Nestle bottled water. Something you can get for less than 4 bux at Walmart. | a&w managers make 6 figures though
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03-21-2016, 07:51 AM
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#5375 | I contribute to threads in the offtopic forum
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Originally Posted by Digitalis So 4444, if you put say 1 million into Vancouver real estate when the thread started vs now selling values how much are you saying you'd be ahead? | it's almost like you don't get it at all.
you could have put $1M on black in vegas, a little extreme, but same principle
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