| 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. |
 | | 
11-06-2017, 08:44 AM
|
#10801 | | RS.net, where our google ads make absolutely no sense!
Join Date: Sep 2008 Location: Rmd
Posts: 924
Thanked 435 Times in 194 Posts
Failed 16 Times in 13 Posts
| Quote:
Originally Posted by Mr.HappySilp  Is a central system. That's the weird part! A/C works but heat doesn't..... I check with other people's unit and their heat works just fine....... I email the building manager and the warranty service. The heat and A/C is cover in the strata but since the building is so nice I am pretty sure the strata is going to try to put the blame and pass the bucket to warranty and warranty is going to point fingers at the strata....... | HVAC engineer here.
I'm guessing you have a 4 pipe Fan Coil Unit system. It's possible the control valves on the heating side aren't working properly, which means you wouldn't get any heat while still getting air.
Only way to know is to have a HVAC service company come check it out. You'll have to talk to your property manager.
| 
|  | |
11-06-2017, 10:13 AM
|
#10802 | | OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2001
Posts: 5,034
Thanked 2,552 Times in 1,158 Posts
Failed 81 Times in 54 Posts
|
Link to REGBV stats for the month of October: http://www.rebgv.org/sites/default/f...tober-2017.pdf
Tl;dr - apartments are still on fire, townhouses less so, detached market is balanced with a less than 20% sales to listings ratio. Good time to upgrade to a detached if you have a coveted condo, like 1000+ square foot 2 bedroom on the west side of Vancouver, as the spreads haven't been closer in quite some time.
| |
| | |
11-06-2017, 03:29 PM
|
#10803 | | Rs has made me the woman i am today!
Join Date: Mar 2006 Location: Vancouver
Posts: 4,298
Thanked 3,103 Times in 1,438 Posts
Failed 58 Times in 33 Posts
| Quote:
Originally Posted by westopher I’m not an expert but I’d say maybe stop “giving it a try” until you have someone check it out. Don’t you have carbon monoxide detectors in your place? | Never did I say I was giving it a try, but I just mentally made that link that it wasn't exhausting properly.
| |
| | |
11-06-2017, 04:12 PM
|
#10804 | | OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2001
Posts: 5,034
Thanked 2,552 Times in 1,158 Posts
Failed 81 Times in 54 Posts
| Quote:
Originally Posted by EvoFire Never did I say I was giving it a try, but I just mentally made that link that it wasn't exhausting properly. | Get a carbon monoxide detector and see whether your body is reacting to actual carbon monoxide. Or call a gas fitter ASAP if you know it's excess CO.
| |
| | |
11-06-2017, 04:17 PM
|
#10805 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
Failed 929 Times in 340 Posts
| Quote:
Originally Posted by heleu HVAC engineer here.
I'm guessing you have a 4 pipe Fan Coil Unit system. It's possible the control valves on the heating side aren't working properly, which means you wouldn't get any heat while still getting air.
Only way to know is to have a HVAC service company come check it out. You'll have to talk to your property manager. | Call spoke to someone at the warranty dept. You are right is using the Fan Coil system. I kinda of mention it could be the control valves not working. The person on the phone agrees but it could also be something else. They are trying to get someone in ASAP. Honestly is the morning that's cold otherwise wearing a sweater seems ok in the evening. I just hate the feeling of getting up cold.
| |
| | |
11-06-2017, 08:20 PM
|
#10806 | | Willing to sell body for a few minutes on RS
Join Date: Mar 2002 Location: Victoria
Posts: 10,600
Thanked 5,049 Times in 1,866 Posts
Failed 185 Times in 100 Posts
|
Oh man, this isn't directed at you specifically Traum & Happysilp, but as someone who works in the industry it boggles my mind how many people don't have a fricking clue how their HVAC systems work for their own home.
It's not rocket science, learn a bit.
I worked on a condo development 10 years ago, we still get the odd service call to the building for problems.
Half the time it's "The air isn't blowing out very strong", well no shit that FILTER should be changed more than once every 10 years.
The other half, in the summer we get "It's 25 degrees in my suite, I put the thermostat to 15 but it's not coming down" Well no shit, your system is HEATING ONLY, you have NO COOLING.
__________________
1968 Mustang Coupe
2008.5 Mazdaspeed 3
1997 GMC Sonoma ZR2
2014 F150 5.0L XTR 4x4
A vehicle for all occasions
| |
| | |
11-06-2017, 10:05 PM
|
#10807 | | RS.net, where our google ads make absolutely no sense!
Join Date: Sep 2008 Location: Rmd
Posts: 924
Thanked 435 Times in 194 Posts
Failed 16 Times in 13 Posts
|
Lol. I've done warranty walkthroughs before.
Half the owners didn't even know they had a separate lint filter in their dryer duct after 1 year. Or the location of their fan coil units filters. Or the water shut-offs.
To be fair, the developer is usually to blame - there are very few that explain anything about the HVAC or plumbing to the owners.
| |
| | |
11-06-2017, 11:34 PM
|
#10808 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
Failed 929 Times in 340 Posts
| Quote:
Originally Posted by Great68 Oh man, this isn't directed at you specifically Traum & Happysilp, but as someone who works in the industry it boggles my mind how many people don't have a fricking clue how their HVAC systems work for their own home.
It's not rocket science, learn a bit.
I worked on a condo development 10 years ago, we still get the odd service call to the building for problems.
Half the time it's "The air isn't blowing out very strong", well no shit that FILTER should be changed more than once every 10 years.
The other half, in the summer we get "It's 25 degrees in my suite, I put the thermostat to 15 but it's not coming down" Well no shit, your system is HEATING ONLY, you have NO COOLING. | To be fair the walk through person didn't even tell me where the heating coil is located(kind of have to figure it myself) and they didn't tell me I have the change the filter every 10 years..... which I still have to figure out where the filter is...... There is not manual for it. Quote:
Originally Posted by heleu Lol. I've done warranty walkthroughs before.
Half the owners didn't even know they had a separate lint filter in their dryer duct after 1 year. Or the location of their fan coil units filters. Or the water shut-offs.
To be fair, the developer is usually to blame - there are very few that explain anything about the HVAC or plumbing to the owners. | I believe for the lint filter in the dryer duct some professional have to come clean it every year? At least for my sister apartment they do that. Someone would come in suite to professional clean it (part of the strata bylaw) and to check the fire alarm as well. The walk through guy basically didn't tell me a thing I have to kinda of figure everything myself (where to the shut off the gas for the gas stove, main water shut offs, where breakers is etc etc....) none of that was explain or shown. Also there are no manuals at all to show you where those items were. Worse of all? We have to use high efficiency detergents for the washer and they hardly go through that....... I have to ask since my sister lives in an apartment and have to use high efficiency detergents. I would image some people doesn't know this and is using regular detergents and soon flooding is going to happen to some units lol.
| |
| | |
11-07-2017, 12:37 AM
|
#10809 | | RS controls my life!
Join Date: Apr 2004 Location: Vancouver
Posts: 721
Thanked 235 Times in 92 Posts
Failed 22 Times in 9 Posts
|
Out of town for a week - back in the thick of it with fall under way.
PRESALES update:
King George Hub - 433 units at King George Surrey central. 1 rescission came back for 1BR - $299-359K 440 sq ft units. One week, wow. Wait for tower 2.
BASALT - Cambie Corridor - $899K one bedroom ($1400/sq ft) all sold out. Only $1.8M+ units remaining. 52 unit boutique building.
Windsor (Kingsway/Knight) hot new area - concrete/AC building. 120 units 12 stories - previewing this week, $1000/ft sq ft. Expected sell out.
Avalon Park 3. Barely got allocations - $550K 620sq ft one bedrooms. Not bad for Vancouver Postal code save for lack of Skytrain nearby. Community is growing and boomin.g
Peninsula New West - hot new area at Salter Street. Not sure if Marina will be available but 2BR now asking $750/sq ft in NW and relative bargain considering Surrey is same price.
Brentwood - Juneau is coming. Amacon is a quick and med-end builder - should be an exciting one for clients of Dawson and made great money there.
Brentwood - Concord Brentwood 3 - I'd take this over Lumina all day, any day. Will market in Asia/HK so you know this will sell fast. 25% down and 5 year completion is a bit insane though...
MOSAIC Townhomes - I'm liking these and got 2 clients Surrey 1000sq ft TH for $450K with garage. Great deal and rental investment.
Langley TH/Lowrises on fire lately. What was $400/sq ft last year now people are asking $600/sq ft.
____
TLDR:
Despite new mortgage rules looming - seems like condo in the affordability range isn't going anywhere.
Presales are still hot - though it seems like assignments have gotten a bit tougher with actual end users/owners having to consider mortgage issues.
Detached harder to sell than beef in India ATM - making realtors that price homes lower and getting it sold look like miracle workers.
"97.5% of asking price!!" *after several reductions of 5% and re-listings to freshen up the days of market of course...
Big land assemblies are still going to developers who will cut them up into affordable portions, but at $$$ premium of course.
| |
| | |
11-07-2017, 07:11 AM
|
#10810 | | RS.net, where our google ads make absolutely no sense!
Join Date: Sep 2008 Location: Rmd
Posts: 924
Thanked 435 Times in 194 Posts
Failed 16 Times in 13 Posts
| Quote:
Originally Posted by Mr.HappySilp To be fair the walk through person didn't even tell me where the heating coil is located(kind of have to figure it myself) and they didn't tell me I have the change the filter every 10 years..... which I still have to figure out where the filter is...... There is not manual for it.
I believe for the lint filter in the dryer duct some professional have to come clean it every year? At least for my sister apartment they do that. Someone would come in suite to professional clean it (part of the strata bylaw) and to check the fire alarm as well. The walk through guy basically didn't tell me a thing I have to kinda of figure everything myself (where to the shut off the gas for the gas stove, main water shut offs, where breakers is etc etc....) none of that was explain or shown. Also there are no manuals at all to show you where those items were. Worse of all? We have to use high efficiency detergents for the washer and they hardly go through that....... I have to ask since my sister lives in an apartment and have to use high efficiency detergents. I would image some people doesn't know this and is using regular detergents and soon flooding is going to happen to some units lol. | I'm talking about a seperate lint filter that is on the dryer ductwork of most newer condos. There will be access door that you can pull off to get at the lint.
The vacuuming you are talking about is standard and should be done annually; it's because most condos are using inslab ductwork (12"x2" duct) that is very easy to clog.
The high efficiency detergents are necessary so that the suds from your washer don't go to other units. Usually, the location of the washers are all stacked in a high rise apartment and if everyone washes at the same time, the suds will be so great that it will start backing up at the lower units.
| |
| | |
11-07-2017, 08:04 AM
|
#10811 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
Failed 929 Times in 340 Posts
| Quote:
Originally Posted by heleu I'm talking about a seperate lint filter that is on the dryer ductwork of most newer condos. There will be access door that you can pull off to get at the lint.
The vacuuming you are talking about is standard and should be done annually; it's because most condos are using inslab ductwork (12"x2" duct) that is very easy to clog.
The high efficiency detergents are necessary so that the suds from your washer don't go to other units. Usually, the location of the washers are all stacked in a high rise apartment and if everyone washes at the same time, the suds will be so great that it will start backing up at the lower units. | See that wasn't explain to me. Now I have to go look for it..... shouldn't be hard to find.
Trust me most people who I talk to in the building doesn't even know what high efficiency detergents are most likely isn't using them. Hopefully my unit is high enough it won't be flooded coz people are too dumb to use high efficiency detergents coz regular detergents coz 50 cents cheaper. I always wonder though if a unit is flood due to others not using high efficiency detergents (seems like that's the most common case for flooding) who pays for the damage? I mean you can't really find out which unit is not using high efficiency detergents and you can't really put the blame on the unt's the flooded. I guess strata pays for it? Because is shitty if the owner of the unit that's flooded have to pay for it or claim in his/her insurance when they did nothing wrong.
| |
| | |
11-07-2017, 08:34 AM
|
#10812 | | Revscene.net has a homepage?!
Join Date: Apr 2001 Location: Vancouver
Posts: 1,222
Thanked 297 Times in 86 Posts
Failed 81 Times in 12 Posts
|
With the recent presales, many have changed their policy on re-selling assignments. For example Avalon 3 doesn't allow presale flipping and also requires buyer to be pre-approved. Quote:
Originally Posted by JDMStyo Out of town for a week - back in the thick of it with fall under way.
PRESALES update:
King George Hub - 433 units at King George Surrey central. 1 rescission came back for 1BR - $299-359K 440 sq ft units. One week, wow. Wait for tower 2.
BASALT - Cambie Corridor - $899K one bedroom ($1400/sq ft) all sold out. Only $1.8M+ units remaining. 52 unit boutique building.
Windsor (Kingsway/Knight) hot new area - concrete/AC building. 120 units 12 stories - previewing this week, $1000/ft sq ft. Expected sell out.
Avalon Park 3. Barely got allocations - $550K 620sq ft one bedrooms. Not bad for Vancouver Postal code save for lack of Skytrain nearby. Community is growing and boomin.g
Peninsula New West - hot new area at Salter Street. Not sure if Marina will be available but 2BR now asking $750/sq ft in NW and relative bargain considering Surrey is same price.
Brentwood - Juneau is coming. Amacon is a quick and med-end builder - should be an exciting one for clients of Dawson and made great money there.
Brentwood - Concord Brentwood 3 - I'd take this over Lumina all day, any day. Will market in Asia/HK so you know this will sell fast. 25% down and 5 year completion is a bit insane though...
MOSAIC Townhomes - I'm liking these and got 2 clients Surrey 1000sq ft TH for $450K with garage. Great deal and rental investment.
Langley TH/Lowrises on fire lately. What was $400/sq ft last year now people are asking $600/sq ft.
____
TLDR:
Despite new mortgage rules looming - seems like condo in the affordability range isn't going anywhere.
Presales are still hot - though it seems like assignments have gotten a bit tougher with actual end users/owners having to consider mortgage issues.
Detached harder to sell than beef in India ATM - making realtors that price homes lower and getting it sold look like miracle workers.
"97.5% of asking price!!" *after several reductions of 5% and re-listings to freshen up the days of market of course...
Big land assemblies are still going to developers who will cut them up into affordable portions, but at $$$ premium of course. | | |
| | |
11-07-2017, 11:13 AM
|
#10813 | | RS Lurker, I don't post!
Join Date: Aug 2005 Location: Vancity
Posts: 4
Thanked 15 Times in 2 Posts
Failed 0 Times in 0 Posts
|
I don't know about you guys but I'm tired of seeing the guy asking about his hvac already. Just call someone to look at the damn thing or start another thread and keep this on topic for RE. Please and thank you
| |
| | | This post thanked by: | Blueboy222, HonestTea, Ludepower, Matsuda, nsmb, originalhypa, paperclip12, R. Mutt, RouRK, Tapioca, Thooomas, TouringTeg, Traum, truth | |
11-07-2017, 11:54 AM
|
#10814 | | My homepage has been set to RS
Join Date: Mar 2004 Location: East Van
Posts: 2,160
Thanked 854 Times in 422 Posts
Failed 22 Times in 18 Posts
|
Based on presales in JDMStyo's post, I can't believe I was able to purchase a newish condo in Vancouver for under $800 a square foot.
| |
| | |
11-07-2017, 11:55 AM
|
#10815 | | OMGWTFBBQ is a common word I say everyday
Join Date: Jan 2004 Location: Van/Bur
Posts: 5,029
Thanked 1,563 Times in 515 Posts
Failed 60 Times in 33 Posts
| Quote:
Originally Posted by Mr.HappySilp See that wasn't explain to me. Now I have to go look for it..... shouldn't be hard to find.
Trust me most people who I talk to in the building doesn't even know what high efficiency detergents are most likely isn't using them. Hopefully my unit is high enough it won't be flooded coz people are too dumb to use high efficiency detergents coz regular detergents coz 50 cents cheaper. I always wonder though if a unit is flood due to others not using high efficiency detergents (seems like that's the most common case for flooding) who pays for the damage? I mean you can't really find out which unit is not using high efficiency detergents and you can't really put the blame on the unt's the flooded. I guess strata pays for it? Because is shitty if the owner of the unit that's flooded have to pay for it or claim in his/her insurance when they did nothing wrong. | That scenario would be covered under insurance, the only way a strata would pay for damages is if the cause was from their property, like the main water lines in the walls and such. If an appliance were to cause damage to another suite, then its up to that suite to have insurance to cover any damages.
__________________
Cash Rules Everything Around Me!
Current:
2006 Honda Fourtrax Rancher 400cc ATV (Offroad trails + Winter Snow Plow)
1995 Toyota Tacoma (Toy Hauler)
2003 Honda Civic SIR (Daily Beater)
2018 KTM 390 Duke (Gas Saver)
2017 Subaru WRX Sport-Tech + STI 6MT (Weekend Track)
2022 Yamaha MT09(Faster Gas Saver)
Past:
2014 Honda Grom
1971 MG MGB Tourer
Kayo MR125 Race Bike
2001 Honda Odyssey
2009 Toyota Corolla CE
2007 Honda Ruckus
2007 Husqvarna SM610 SuperMoto
2001 Honda S2000
| |
| | |
11-10-2017, 04:52 PM
|
#10816 | | RS controls my life!
Join Date: Apr 2004 Location: Vancouver
Posts: 721
Thanked 235 Times in 92 Posts
Failed 22 Times in 9 Posts
| Quote:
Originally Posted by Liquid_o2 Based on presales in JDMStyo's post, I can't believe I was able to purchase a newish condo in Vancouver for under $800 a square foot. | You did good my friend.
Avalon 3 this week trying to get 2 units low rise 4/5FL for clients.
$550's for 640 soft one and dens. Not bad at under $860/ft.
9 ft ceiling highrise + AC. Nice new area and Wesgroup owns most of the land here. Better buy than Metrotown or even some Surrey projects lately.
| |
| | |
11-10-2017, 11:50 PM
|
#10817 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
Failed 929 Times in 340 Posts
| Quote:
Originally Posted by JDMStyo You did good my friend.
Avalon 3 this week trying to get 2 units low rise 4/5FL for clients.
$550's for 640 soft one and dens. Not bad at under $860/ft.
9 ft ceiling highrise + AC. Nice new area and Wesgroup owns most of the land here. Better buy than Metrotown or even some Surrey projects lately. | AC is pretty important these days especially apartments. Some apartments I visited is like an oven in the summer even though they aren't facing east or west. Once you experience A/C you just can't go without one.
| |
| | |
11-16-2017, 06:49 AM
|
#10818 | | Need my Daily Fix of RS
Join Date: Aug 2006 Location: Vancouver
Posts: 257
Thanked 22 Times in 7 Posts
Failed 0 Times in 0 Posts
|
Any realtors here? I reached out to a realtor directly to set up a viewing, but now want my realtor to close the deal. The realtor on the seller side is telling me that he's legally not obligated to pay my realtor any commission because I reached out to him first. Is this true?
| |
| | |
11-16-2017, 07:25 AM
|
#10819 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
Failed 929 Times in 340 Posts
| Quote:
Originally Posted by canucksfan Any realtors here? I reached out to a realtor directly to set up a viewing, but now want my realtor to close the deal. The realtor on the seller side is telling me that he's legally not obligated to pay my realtor any commission because I reached out to him first. Is this true? | Don't think so. He just wants all the commission himself. If that's what he said I would a realtor for sure. Seems very fishy what he is trying to pull here. There are some real estate agent here I also know a really good real estate agent as well. PM me for details.
| |
| | |
11-16-2017, 07:54 AM
|
#10820 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,995
Thanked 15,174 Times in 6,083 Posts
Failed 2,081 Times in 701 Posts
| Quote:
Originally Posted by canucksfan Any realtors here? I reached out to a realtor directly to set up a viewing, but now want my realtor to close the deal. The realtor on the seller side is telling me that he's legally not obligated to pay my realtor any commission because I reached out to him first. Is this true? | Sounds like essentially what the govt is trying to ban right now in the double ending of deals.
__________________
Dank memes cant melt steel beams
| 
| | |
11-16-2017, 07:55 AM
|
#10821 | | I answer every Emotion with an emoticon
Join Date: Apr 2004 Location: BC, HK, USA
Posts: 7,536
Thanked 2,439 Times in 1,028 Posts
Failed 166 Times in 73 Posts
| Quote:
Originally Posted by canucksfan Any realtors here? I reached out to a realtor directly to set up a viewing, but now want my realtor to close the deal. The realtor on the seller side is telling me that he's legally not obligated to pay my realtor any commission because I reached out to him first. Is this true? | legally you can tell him to fuck off. What bullshit feedback is that.
just go to your realtor and get him to get the deal done.
| |
| | |
11-16-2017, 08:41 AM
|
#10822 | | Old School RS
Join Date: May 2004 Location: Port Moody
Posts: 4,599
Thanked 4,045 Times in 1,233 Posts
Failed 129 Times in 79 Posts
| Quote:
Originally Posted by canucksfan Any realtors here? I reached out to a realtor directly to set up a viewing, but now want my realtor to close the deal. The realtor on the seller side is telling me that he's legally not obligated to pay my realtor any commission because I reached out to him first. Is this true? | Your realtor should be able to deal with that. And if he can't, then your realtor sucks and you need a new one.
-Mark
__________________
I'm old now - boring street cars and sweet race cars. | |
| | |
11-16-2017, 08:57 AM
|
#10823 | | Willing to sell body for a few minutes on RS
Join Date: Jul 2001 Location: Cloverdale
Posts: 11,580
Thanked 3,789 Times in 1,349 Posts
Failed 83 Times in 42 Posts
| Quote:
Originally Posted by canucksfan Any realtors here? I reached out to a realtor directly to set up a viewing, but now want my realtor to close the deal. The realtor on the seller side is telling me that he's legally not obligated to pay my realtor any commission because I reached out to him first. Is this true? | I had a realtor try and do that to me years ago when I was looking, I said fuck you and went and bought a different house.
On the other end of it if I have a realtor I'm not buying a house from or selling a house to anyone else he/she is representing. It's pretty tough to come out well when the primary concern of the agent is double dipping a deal and not protecting his/her client. They aren't going to care if you get top dollar or don't pay to much, closing the deal at any cost is priority number one.
I'm selling and buying this spring, I'm going to make it very clear to whoever I use that it's not happening so don't bother.
__________________
“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
Last edited by quasi; 11-16-2017 at 09:03 AM.
| |
| | |
11-16-2017, 09:23 AM
|
#10824 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2002 Location: Vancouver
Posts: 8,348
Thanked 3,990 Times in 1,540 Posts
Failed 35 Times in 27 Posts
|
At any point in time you can switch realtors. Get your realtor to write the contract. Slimey SOB. You should write a letter to his mother. Haha
__________________
Crush - 1971 Datsun 240z - Build Thread
The Daily - Rav4 V6 - “Goldilocks”
| |
| | |
11-17-2017, 08:49 AM
|
#10825 | | OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2001
Posts: 5,034
Thanked 2,552 Times in 1,158 Posts
Failed 81 Times in 54 Posts
| http://m.metronews.ca/#/article/news...le-horgan.html
Horgan and Selina Robinson addressed the UDI yesterday. It looks like there will be a couple of measures introduced in February - a property tax surcharge for owners with no Canadian incomes and an extension of the foreign buyers tax to all of the province. However, considering that completions are years away, I don't think these measures will do much to tame demand in the condo market.
On a side note, I was on the island this weekend. We rented a house in Fernwood in Victoria. I decided to check out what our modest rental bungalow would be worth on the market today using BC Assessment: 700k. Not cheap, but I can definitely see the appeal if you're upsizing from a Vancouver condo and you're sick of the traffic, politics, etc. My wife and I aren't employed in the tech scene here, so our salaries would probably be equivalent in Victoria. It definitely gave us pause...
On the way to the ferry, we stopped in Sidney to take the kids to the aquarium. What's the deal with Sidney? Lots of young families which was something I was not expecting. Moneysense says that Sidney is the top neighbourhood/suburb in Greater Victoria for real estate investment. Must be something about being by the sea...
| |
| | | |
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 02:32 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
