Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum. | | |
04-18-2017, 07:24 AM
|
#9601 | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2002 Location: Vancouver
Posts: 8,339
Thanked 3,985 Times in 1,537 Posts
Failed 35 Times in 27 Posts
|
I was holding out until this Spring to see what was going on with the market. I figured it would give a good idea of how the tax is working.
It was all going to plan, with higher end houses dropping, then semi detached... The low end is downright scary though. Average joe is taking this opportunity to jump in when they can. Here I am with a sack of cash, and no idea what to do with it. I'll just ignore it for a while. Maybe have to move to Iqaluit in the end. I hear it's nice up there. At least i'm actually banking my extra money from renting. So that's a bonus, as it's really hard to not buy a nice Euro M3 or an old E-Type Jag.
__________________
Crush - 1971 Datsun 240z - Build Thread
The Daily - Rav4 V6 - “Goldilocks”
|
| |
04-18-2017, 07:51 AM
|
#9602 | Rs has made me the woman i am today!
Join Date: Apr 2007 Location: Langley
Posts: 4,086
Thanked 3,375 Times in 1,279 Posts
Failed 92 Times in 70 Posts
|
Yeah it's pretty fucked out there. I'm looking for a place in the 500k range but that seems to be in the area where lots of people are looking to spend.
|
| |
04-18-2017, 09:57 AM
|
#9603 | OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2001
Posts: 5,021
Thanked 2,531 Times in 1,151 Posts
Failed 81 Times in 54 Posts
|
It looks like the Greater Vancouver Board of Trade is trying to encourage policy makers to incentivize housing supply in the missing middle - townhouses, rowhouses, duplexes/triplexes, and purpose built rental housing that is family friendly. This is based on statistics that people in the 25-34 age bracket are leaving Metro Vancouver.
Here's a set of recommendations the board has come up with: https://twitter.com/DowntownCharles/...135504384?s=09 |
| |
04-18-2017, 01:50 PM
|
#9604 | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2002 Location: Vancouver
Posts: 8,339
Thanked 3,985 Times in 1,537 Posts
Failed 35 Times in 27 Posts
|
My gf sent me this. Cheapest property ive seen in the area for a few years now. https://www.rew.ca/properties/R21548...e-vancouver-bc
__________________
Crush - 1971 Datsun 240z - Build Thread
The Daily - Rav4 V6 - “Goldilocks”
|
| |
04-18-2017, 01:57 PM
|
#9605 | Rs has made me the woman i am today!
Join Date: Apr 2007 Location: Langley
Posts: 4,086
Thanked 3,375 Times in 1,279 Posts
Failed 92 Times in 70 Posts
|
What will it sell for though.
It's sad when a 2 million dollar house looks like something I wouldn't even want to live in lol.
|
| |
04-18-2017, 01:58 PM
|
#9606 | RS controls my life!
Join Date: Apr 2004 Location: Vancouver
Posts: 721
Thanked 235 Times in 92 Posts
Failed 22 Times in 9 Posts
|
In other news - Concord is set to start market Park Boulevard for $650's/sq ft right at King George station. Watch it sell out...
|
| |
04-18-2017, 02:57 PM
|
#9607 | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,574
Thanked 14,966 Times in 5,970 Posts
Failed 2,061 Times in 690 Posts
|
With Concordes developments as least they feel higher end than a lot of the comparable shit out there. But that area is shit and will be for the foreseeable future.
Thay kits property is an odd size..not the full Vancouver special lot
__________________
Dank memes cant melt steel beams
|
| |
04-22-2017, 02:01 PM
|
#9608 | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Failed 59 Times in 28 Posts
|
Starting my search ....and depressing. |
| |
04-22-2017, 02:48 PM
|
#9609 | Wunder? Wonder?? Wander???
Join Date: Sep 2016 Location: YYC/YVR
Posts: 211
Thanked 248 Times in 76 Posts
Failed 66 Times in 13 Posts
|
I wonder how the market will react if the NDP get in and implement a speculation tax?
|
| |
04-22-2017, 04:40 PM
|
#9610 | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
Posts: 12,549
Thanked 32,163 Times in 7,478 Posts
Failed 211 Times in 159 Posts
| Quote:
Originally Posted by hud 91gt | I'd actually love to live in that house for the 320k that it should be.
__________________
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. | |
| |
04-23-2017, 10:39 AM
|
#9611 | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Mar 2002 Location: ...
Posts: 20,300
Thanked 4,525 Times in 1,357 Posts
Failed 4,505 Times in 971 Posts
| Victoria council seeking 15 per cent tax on foreign buyers The Canadian Press
Published Saturday, April 22, 2017 5:03PM PDT Victoria council seeking 15 per cent tax on foreign buyers | CTV Vancouver Island News (File photo) Council voted on Thursday to ask the province to impose a tax immediately to curb speculative property purchases by non-residents.
Victoria city council is calling on the province to implement a foreign homebuyer tax for the region, similar to one installed in Metro Vancouver last year.
Council voted on Thursday to ask the province to impose a tax immediately to curb speculative property purchases by non-residents.
Councillor Jeremy Loveday says the city is facing a housing crisis, and with costs escalating, the dream of home ownership is getting out of people's reach.
He says a 15 per cent tax on homes purchased by foreign buyers will help ensure prices remain affordable for local residents.
|
| |
04-23-2017, 11:17 AM
|
#9612 | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,574
Thanked 14,966 Times in 5,970 Posts
Failed 2,061 Times in 690 Posts
| Quote:
Originally Posted by westopher I'd actually love to live in that house for the 320k that it should be. | i get the sentiment, but this is still Vancouver, not Waco Texas
__________________
Dank memes cant melt steel beams
|
| |
04-23-2017, 11:49 AM
|
#9613 | Orgasm Donor & Alatar owned my ass twice!
Join Date: Aug 2007 Location: Paradise, BC
Posts: 6,917
Thanked 6,650 Times in 2,679 Posts
Failed 253 Times in 139 Posts
|
Been looking at my options for a while now since we are outgrowing our current space, and the only realistic shot at home ownership that I see now is to invite the MIL to live with us and move into a bigger space together.
Oh gosh... no... |
| |
04-23-2017, 12:11 PM
|
#9614 | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
Posts: 12,549
Thanked 32,163 Times in 7,478 Posts
Failed 211 Times in 159 Posts
| Quote:
Originally Posted by Hondaracer i get the sentiment, but this is still Vancouver, not Waco Texas | Yeah, there that piece of shit house would be like 40k
__________________
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. | |
| |
04-23-2017, 05:26 PM
|
#9615 | Need my Daily Fix of RS
Join Date: Feb 2017 Location: VAN604
Posts: 256
Thanked 690 Times in 130 Posts
Failed 14 Times in 5 Posts
|
Just went to a few open houses today in Richmond, same typical bullshit. Right beside the feature sheet, the realtors had a stack of sheets listing the assessment price and the asking price was lower of course to start a bidding war.
|
| |
04-23-2017, 05:43 PM
|
#9616 | Willing to sell body for a few minutes on RS
Join Date: Jul 2001 Location: Cloverdale
Posts: 11,573
Thanked 3,775 Times in 1,344 Posts
Failed 83 Times in 42 Posts
| Quote:
Originally Posted by G0rilla Just went to a few open houses today in Richmond, same typical bullshit. Right beside the feature sheet, the realtors had a stack of sheets listing the assessment price and the asking price was lower of course to start a bidding war. | Wife and myself went to one close to the school my son wanted to go to and although they didn't do that it was priced to start a bidding war for sure. We were there 10 minutes and the place was slammed with people.
I've been hearing it's slowed down but that's not what I'm seeing, we took a drive around the neighborhood after and every single home we seen with a For Sale sign also had a sold sticker on it.
__________________
“The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I don´t care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. That´s how winning is done. Now, if you know what you worth, go out and get what you worth.” - Rocky Balboa |
| |
04-23-2017, 06:27 PM
|
#9617 | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,574
Thanked 14,966 Times in 5,970 Posts
Failed 2,061 Times in 690 Posts
|
Media talks about slow downs. Any half decent realtor would tell you otherwise.
__________________
Dank memes cant melt steel beams
|
| |
04-23-2017, 08:10 PM
|
#9618 | OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2001
Posts: 5,021
Thanked 2,531 Times in 1,151 Posts
Failed 81 Times in 54 Posts
|
The media is fixated on detached houses in the City of Vancouver.
Anything under a million dollars that is half decent is moving. Townhouses in my neck of the woods are selling in less than a week. Condos are also moving fast. Any house that is 1.2 million and under is also selling, albeit in about 2-3 weeks.
|
| |
04-23-2017, 09:58 PM
|
#9619 | Rs has made me the man i am today!
Join Date: Oct 2005 Location: Langley
Posts: 3,493
Thanked 2,183 Times in 606 Posts
Failed 404 Times in 90 Posts
| Quote:
Originally Posted by subordinate Starting my search ....and depressing. | I know how you feel Quote:
Originally Posted by G0rilla Just went to a few open houses today in Richmond, same typical bullshit. Right beside the feature sheet, the realtors had a stack of sheets listing the assessment price and the asking price was lower of course to start a bidding war. | Just about every listing my realtor sends me is of a place with a listing price way below market value. 90% of them only allow viewings on weekends or at an open house and will only accept offers 2 weeks later. Gives people plenty of time to get the most amount of views possible with lots of attraction from the price. Half the ones I look at are sent to me when they go up so I'll ask my realtor to set up something for tomorrow after I'm off work. I'll get a call or text from him a few hours prior to going there saying they've already an accepted offer. I'll look back at the listing a while later to see what the sell price was and some of them are 30k+ on a small 650sq ft apt in Langley or Maple Ridge. I'm not even able to view half the ones I'd like to see. They've got accepted offers within 24 hours. Quote:
Originally Posted by Traum Been looking at my options for a while now since we are outgrowing our current space, and the only realistic shot at home ownership that I see now is to invite the MIL to live with us and move into a bigger space together.
Oh gosh... no... | Was talking with my girlfriend today and she was mentioning that one of her co workers has a kid and her fiancee has 2 kids. They're getting married in the next few months and they've been desperately looking for a larger place to live for a while now. They'd like to buy but can't, and they'd be happy to rent but finding a place that's able to hold a family of 5 is seemingly impossible.
I don't know how some people do it...
|
| |
04-24-2017, 12:49 AM
|
#9620 | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Mar 2002 Location: ...
Posts: 20,300
Thanked 4,525 Times in 1,357 Posts
Failed 4,505 Times in 971 Posts
| |
| |
04-24-2017, 08:58 AM
|
#9621 | I STILL don't get it
Join Date: Dec 2003 Location: Vancouver
Posts: 457
Thanked 62 Times in 27 Posts
Failed 0 Times in 0 Posts
|
Was viewing a listing that was originally for $368K and right on the day of the showing had changed the price to $499,900. It was for a 2 yr old 594sq ft unit in New West. |
| |
04-24-2017, 09:48 AM
|
#9622 | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,574
Thanked 14,966 Times in 5,970 Posts
Failed 2,061 Times in 690 Posts
|
Lol $830/sq ft, ouch
__________________
Dank memes cant melt steel beams
|
| |
04-24-2017, 10:21 AM
|
#9623 | linguistic ninja
Join Date: Aug 2001 Location: Vancouver, BC
Posts: 16,105
Thanked 3,794 Times in 1,380 Posts
Failed 141 Times in 80 Posts
|
Sheiit, wonder what DT condos are going for now if that's what NW condos go for? Bought at $890/sq ft last year. Any anecdotes?
|
| |
04-24-2017, 10:34 AM
|
#9624 | OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2001
Posts: 5,021
Thanked 2,531 Times in 1,151 Posts
Failed 81 Times in 54 Posts
|
It didn't help people wanting to buy into New West that there was a series of press releases a couple of weeks ago that New West was going to be the next big thing. New West has been undervalued for nearly 20 years.
DT condos are easily over $1000 square foot now. Consider yourself lucky.
|
| |
04-24-2017, 11:13 AM
|
#9625 | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,574
Thanked 14,966 Times in 5,970 Posts
Failed 2,061 Times in 690 Posts
|
Kinda interesting.. kinda not i guess.. but my detached home in East Van would currently go for about $500 sq/ft if it sold for what i think it would
__________________
Dank memes cant melt steel beams
|
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | All times are GMT -8. The time now is 12:33 AM. |