tag:blogger.com,1999:blog-52323943926372339622024-03-05T14:31:34.868-08:00bubblemanbubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-5232394392637233962.post-67147728129103370692012-09-11T17:46:00.000-07:002012-09-13T15:45:41.030-07:0020% price reductions everywhere and still few buyers well well well.......here we are, its been six months since my last post and it seems the silent beginnings of the crash are now less silent. i am seeing 20% price reductions all over the place and there are not many buyers. brace yourself for reality. my neighbor has had her place listed for 5 months and nobody even goes to the open houses any longer. there is a massive air pocket between here and reality. get out while you can. bm<br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgD5jrdUqT-BFj4KJewwNQt819n9zSdaAgIPGRaqXyOhj1g51mNPgISjJrKETaPAbq2wxAstPjSbUFLQ5rEVRZQcQvhSYxuainhC6uieSv1HBtImEaawRjiEC2Dj17aOxxKgocEajrcMC8/s1600/aug2012.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="491" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgD5jrdUqT-BFj4KJewwNQt819n9zSdaAgIPGRaqXyOhj1g51mNPgISjJrKETaPAbq2wxAstPjSbUFLQ5rEVRZQcQvhSYxuainhC6uieSv1HBtImEaawRjiEC2Dj17aOxxKgocEajrcMC8/s640/aug2012.jpg" width="640" /></a></div>
<br />bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-89335300843840370462012-05-05T21:57:00.002-07:002012-05-05T21:57:32.170-07:00we have popped.......its official . see y'all down below. bmbubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-68117529903287158912012-04-26T20:22:00.000-07:002012-04-26T20:29:41.672-07:00don't forget to cash in your "lottery ticket"<br />
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<b style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The Huffington Post Canada</b> | By <a href="http://www.huffingtonpost.ca/daniel-tencer" rel="author" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; color: #999999; font-size: 11px; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: initial; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;">Daniel Tencer</a> <span class="follow-author-mini" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; overflow-x: hidden; overflow-y: hidden; padding-bottom: 0px; padding-left: 3px; padding-right: 0px; padding-top: 0px;"><a class="fb-tooltip" href="http://www.huffingtonpost.ca/2012/04/26/vancouver-housing-market-correction-rbc_n_1456758.html?ref=canada&icid=maing-grid7%7Ccanada%7Cdl1%7Csec1_lnk1%26pLid%3D155676#" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://s.huffpost.com/images/icons/fb-icon-vsmall.png); background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; color: #999999; display: inline; font-size: 11px; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: initial; padding-bottom: 0px; padding-left: 0px; padding-right: 15px; padding-top: 2px; text-decoration: none; text-indent: -9999px;"></a></span><span class="posted-and-updated" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; display: block; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Posted: 04/26/2012 3:26 pm Updated: 04/26/2012 3:33 pm</span></div>
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If you haven’t heard yet that Canada’s housing market is facing potentially serious problems, you’ve probably been hiding under a rock, but a recent study and comments from Canada’s top banker are bringing the point home once again.</div>
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A report from RBC released Thursday says Vancouver’s housing market is “<a href="http://www.rbc.com/economics/market/pdf/vancouverhouse.pdf" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; color: #2b0073; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: initial; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;" target="_hplink">vulnerable to a marked correction</a>.” For a market analysis from a major bank, those are pretty strong words.</div>
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“Typical Vancouver-area homebuyers would need to allocate 92 per cent of their income to carry the costs of a two-storey home (based on market price) and almost 45 per cent for a condominium apartment,” the report stated.</div>
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It said Vancouver’s housing market is already facing a slowdown, with sales peaking in early 2011. (A Teranet report from Wednesday said Vancouver's house prices <a href="http://www.vancouversun.com/business/mortgages/Vancouver+home+prices+fall+fifth+consecutive+month/6517076/story.html" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; color: #2b0073; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: initial; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;" target="_hplink">have been falling for five months straight</a>.)</div>
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“Home resales dropped nearly 20 per cent between the first and fourth quarter of 2011, to levels below the 10-year average,” RBC noted.</div>
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The report did note one area of Vancouver’s housing market that’s holding up nicely: the high-end market.</div>
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“Averages last year were skewed by unusually strong increases in the sales and prices of highly sought-after properties in upscale neighborhood,” RBC stated, noting that vancouver’s three most expensive areas accounted for most of the 16 per cent price increase seen in 2011; other neighbourhoods saw two per cent house price growth.</div>
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The bank expects house prices in Vancouver to fall between 7 and 12 per cent.</div>
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But that number is very conservative compared to what Bank of Canada Governor Mark Carney hinted Wednesday might be the actual scale of a Canadian housing correction.</div>
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In comments to the House of Commons finance committee, Carney said Canada’s housing market is overvalued by 35 per cent. While house prices historically in Canada have hovered around 3.5 times average income, they are now at 4.75 times average income.</div>
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In some markets that ratio. Vancouver housing is estimated to cost 9.2 times the average income.</div>
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The tension between Canada’s booming housing market and the weakness in the global economy is at the heart of Carney’s dilemma: Whether to raise interest rates to halt a growing real estate bubble, risking an economic slowdown, or to keep them low, and risk blowing up even larger bubbles in Canada’s economy.</div>
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Carney has hinted in recent interest rate decisions that the day is nearing when Canadians will no longer be able to count on historically low interest rates.</div>
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The RBC report notes that interest rates will be a major factor in determining the dierction of house prices in the months to come, but highlights a wild card in the equation: Foreign real estate investors who have been snapping up residential properties and driving up house prices.</div>
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“Risks will be further heightened by Vancouver-area valuation’s dependence on a strong and steady flow of wealthy foreign buyers and recent immigrants — a phenomenon that is both poorly documented and potentially vulnerable to adverse external shocks,” the report said.</div>
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</div>bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-37442923026418659892012-04-16T19:19:00.000-07:002012-04-16T19:19:59.545-07:00the truth is leaking out<span class="Apple-style-span" style="font-family: Helvetica;"><br />
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<div><div class="wrapper_0_20_0_0" style="float: left; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 11px; padding-right: 20px;"><div id="storyheader" style="font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 11px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; width: 620px;"><div class="headline" style="font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 11px; padding-bottom: 5px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><h1 style="color: black; font-family: georgia; font-size: 26px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Chinese investors shutter Vancouver neighbourhood while apologists cry 'racism'</h1></div><div class="clear" style="clear: both; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 1px; height: 1px; margin-top: -1px; overflow-x: hidden; overflow-y: hidden;"> </div><div class="subheadline" style="font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 11px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><h2 style="color: black; font-family: georgia; font-size: 20px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Real estate elite profit, politicians ignore middle class</h2></div><div class="clear" style="clear: both; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 1px; height: 1px; margin-top: -1px; overflow-x: hidden; overflow-y: hidden;"> </div><div class="byline" style="font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 11px;"><span class="name" style="color: black; font-family: arial; font-size: 11px; font-weight: bold; padding-bottom: 5px; padding-left: 0px; padding-right: 15px; padding-top: 0px; text-transform: uppercase;">BY MARK HASIUK, VANCOUVER COURIER</span> <span class="timestamp" style="color: #999999; font-family: arial; font-size: 11px; padding-bottom: 5px; padding-left: 0px; padding-right: 15px; padding-top: 0px; text-transform: uppercase;">APRIL 16, 2012 3:02 PM</span><span class="comments" id="lblComment"></span></div><div class="clear" style="clear: both; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 1px; height: 1px; margin-top: -1px; overflow-x: hidden; overflow-y: hidden;"> </div></div><div class="clear" style="clear: both; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 1px; height: 1px; margin-top: -1px; overflow-x: hidden; overflow-y: hidden;"> </div><div class="storytab" style="border-bottom-color: rgb(219, 217, 217); border-bottom-style: solid; border-bottom-width: 1px; border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(255, 255, 255); border-top-style: solid; border-top-width: 1px; float: left; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 11px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 10px; width: 619px;"><ul class="tab" style="background-color: #f3f3f3; border-left-color: rgb(219, 217, 217); border-left-style: solid; border-left-width: 1px; bottom: -1px; float: left; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: relative;"><li class="story_tab" style="border-bottom-color: rgb(189, 189, 189); border-bottom-style: solid; border-bottom-width: 1px; border-right-color: rgb(219, 217, 217); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(219, 217, 217); border-top-style: solid; border-top-width: 1px; float: left; padding-bottom: 5px; padding-left: 18px; padding-right: 18px; padding-top: 5px; text-align: center; width: auto;"><a href="http://www.vancourier.com/news/Chinese+investors+shutter+Vancouver+neighbourhood+while+apologists+racism/6468126/story.html" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; color: #7b7b7b; font-family: arial; font-size: 11px; font-weight: bold; outline-color: initial; outline-style: none; outline-width: initial; padding-top: 5px; text-align: center; text-decoration: none; text-transform: uppercase;"><span>STORY</span></a></li>
<li class="story_photo_tab" style="border-bottom-color: rgb(189, 189, 189); border-bottom-style: solid; border-bottom-width: 1px; border-right-color: rgb(219, 217, 217); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(219, 217, 217); border-top-style: solid; border-top-width: 1px; float: left; padding-bottom: 5px; padding-left: 18px; padding-right: 18px; padding-top: 5px; text-align: center; width: auto;"><a href="http://www.vancourier.com/news/Chinese+investors+shutter+Vancouver+neighbourhood+while+apologists+racism/6468126/story.html" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; color: #7b7b7b; font-family: arial; font-size: 11px; font-weight: bold; outline-color: initial; outline-style: none; outline-width: initial; padding-top: 5px; text-align: center; text-decoration: none; text-transform: uppercase;"><span>PHOTOS ( 1 )</span></a></li>
</ul></div></div><div class="clear" style="clear: both; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 1px; height: 1px; margin-top: -1px; overflow-x: hidden; overflow-y: hidden;"> </div><div class="para14" id="story_content" style="font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 11px; margin-top: 5px;"><div class="col_480" style="float: left; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 11px; width: 480px;"><div class="col_460" style="float: left; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 11px; overflow-x: hidden; overflow-y: hidden; width: 460px;"><div class="para18" id="storycontent" style="color: #464646; font-family: arial; font-size: 12px; line-height: 20px; width: auto;"><div class="imagesize460" id="imageBox" style="border-bottom-color: rgb(229, 229, 229); border-bottom-style: solid; border-bottom-width: 1px; float: left; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 14px; line-height: 22px; margin-bottom: 20px; position: relative; width: 460px;"><div class="wrapper_0_10_0_0" style="float: left; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 14px; line-height: 22px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="storyimage" id="" style="border-bottom-color: rgb(229, 229, 229); border-bottom-style: solid; border-bottom-width: 1px; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 14px; line-height: 22px; padding-bottom: 5px;"><a href="http://www.vancourier.com/news/Chinese+investors+shutter+Vancouver+neighbourhood+while+apologists+racism/6468126/story.html" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; color: #7b7b7b; font-family: arial; font-size: 12px; line-height: 20px; outline-color: initial; outline-style: none; outline-width: initial; text-decoration: none; width: auto;"><img alt="Premier Christy Clark won&#8217;t restrict foreign ownership in British Columbia." border="0" class="thumbnail" id="storyphoto" src="http://www.vancourier.com/news/Chinese+investors+shutter+Vancouver+neighbourhood+while+apologists+racism/6468126/6468131.bin" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; width: 460px;" title="Premier Christy Clark won&#8217;t restrict foreign ownership in British Columbia." /></a></div><div class="clear" style="clear: both; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 14px; height: 1px; line-height: 22px; margin-top: -1px; overflow-x: hidden; overflow-y: hidden;"> </div><div class="imagetext" style="color: #7b7b7b; font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 14px; line-height: 14px; margin-bottom: 3px; margin-left: 0px; margin-right: 0px; margin-top: 0px; width: 460px;"><h1 id="photocaption" style="font-size: 11px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 5px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 460px;">Premier Christy Clark won’t restrict foreign ownership in British Columbia.</h1><h2 id="photocredit" style="font-size: 11px; font-weight: normal; margin-bottom: 5px; margin-left: 0px; margin-right: 0px; margin-top: 5px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b>Photograph by: </b>Dan Toulgoet , Vancouver Courier</h2></div></div></div><div id="page1" style="font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 14px; line-height: 22px;"><div style="font-size: 14px; line-height: 22px; width: auto;">Trafalgar, they used to call it. A patch of urban plain between West 16th Avenue and King Edward in Arbutus Ridge on Vancouver’s West Side. Prime real estate in a beautiful city. And ground zero of the investor invasion.</div><div style="font-size: 14px; line-height: 22px; width: auto;">A stroll through Trafalgar begins innocently. Rows of parallel streets. White sidewalks. Green lawns. Blue sky, if you’re lucky. Far enough from downtown, the neighbourhood rests in quiet. Too quiet. You soon notice you’re alone among rows of big-box homes, all peaks and eaves, with ornamental hedges stirring in the wind. It’s like a giant film set for a Hollywood blockbuster about a deadly strain of bacteria. Only the goldfish survived.</div><div style="font-size: 14px; line-height: 22px; width: auto;">According to the Real Estate Board of Greater Vancouver, last year the average price of a detached home on the West Side rose 20.7 per cent to $1.99 million, continuing a trend of yearly spikes.</div><div style="font-size: 14px; line-height: 22px; width: auto;">Several factors contribute to the boom including foreign investment from China. Unlike other precincts around the world, British Columbia has no restrictions on foreign ownership of real estate. Anyone from anywhere can buy on your street and mothball their investment in perpetuity.</div><div style="font-size: 14px; line-height: 22px; width: auto;">Look no further than the Trafalgar area, perhaps the most striking example of investor decay in the city. It’s no longer a community, it’s a commodity. A pocket of land bought and tilled by speculators. Down went the old stucco bungalows, once the neighbourhood’s signature home, up went dozens of “developer specials”—two and three-storey monstrosities that often sit empty, windows shuttered, for months. Sometimes years.</div><div style="font-size: 14px; line-height: 22px; width: auto;">It didn’t used to be this way.</div><div style="font-size: 14px; line-height: 22px; width: auto;">Colin grew up in the neighbourhood, at Trafalgar elementary and Prince of Wales secondary. He remembers streets bustling with life. Kids on bikes. Barbecues and burning leaves. Now a 38-year-old investment adviser, he lives in a rented bungalow not far from his childhood home. While the street names remain the same, the neighbourhood is unrecognizable. “It’s really unbelievable. It’s eerie, I just shake my head.”</div><div style="font-size: 14px; line-height: 22px; width: auto;">Last Friday, Colin took me on a Trafalgar tour. Street after street with many vacant homes. He pointed as we walked. “That’s empty. That one. That one. The whole side of this street almost.”</div><div style="font-size: 14px; line-height: 22px; width: auto;">Colin, not his real name, wishes to remain anonymous, fearing backlash and smears.</div><div style="font-size: 14px; line-height: 22px; width: auto;">You see, as illustrated two weeks ago in the Courier, if you dare note the ethnicity intrinsic to foreign real estate investment in Vancouver, you court charges of bigotry from industry benefactors.</div><div style="font-size: 14px; line-height: 22px; width: auto;">Of course, local realtors and developers have no problem racially profiling potential buyers. For example. Sutton West Coast Realty orchestrates Vancouver home auctions in Shanghai and West Side bus tours for Chinese investors.</div><div style="font-size: 14px; line-height: 22px; width: auto;">Yet Larry Beasley, retired Vancouver city planner and former vice-president of Aquilini Developments, a major industry player, says it’s “racist” to suggest Chinese foreign buyers drive up prices. Politically correct moralizing from Beasley, who also served as “special planning adviser” for royal dictators in the United Arab Emirates, a country that jails homosexuals for being gay.</div><div style="font-size: 14px; line-height: 22px; width: auto;">Back in Trafalgar, bilingual “For Sale” signs in English and Mandarin dot front lawns. During our afternoon stroll, we happened upon a grey, two-storey with white-trimmed peaks. The front door was wide open. A young Asian man appeared in the foyer.</div><div style="font-size: 14px; line-height: 22px; width: auto;">“Yes?”</div><div style="font-size: 14px; line-height: 22px; width: auto;">“Is this an open house?”</div><div style="font-size: 14px; line-height: 22px; width: auto;">“No,” he said, in limited English. “We show to private buyers.”</div><div style="font-size: 14px; line-height: 22px; width: auto;">“How much? What’s the price?”</div><div style="font-size: 14px; line-height: 22px; width: auto;">“Three point eight nine million.”</div><div style="font-size: 14px; line-height: 22px; width: auto;">That’s typical of Trafalgar and other sections of Arbutus Ridge, probably the most overpriced neighbourhood in the city. It’s a market within a market with baffling trends. According to Colin, several Trafalgar homes seem to exist solely for “sale” yet never get occupied. “These three places in a row,” he says, near West 21st and Yew. “No one’s ever lived there but [For Sale] signs go up for a few weeks then go away for few weeks. It just doesn’t make any sense.”</div><div style="font-size: 14px; line-height: 22px; width: auto;">It’s a murky Monopoly game. Thanks to strict regulation in China, Chinese real estate investors look off-shore for capital gains. Our wild open market attracts investors from everywhere, warping the local supply and demand equation, helping push middle class residents out to the suburbs or into crushing debt.</div><div style="font-size: 14px; line-height: 22px; width: auto;">Christy “Families First” Clark, a committed globalist, won’t restrict foreign ownership in B.C. Mayor Gregor Robertson, who slobbered over Beijing during a 2010 “trade mission” to China, won’t reform the tax code to accommodate the new normal. Which means foreign real estate investors pay the same rate (4.2 per cent) as local homeowners, not the business rate (18 per cent) they should.</div><div style="font-size: 14px; line-height: 22px; width: auto;">Two weeks ago, Eugen Klein, president of the Vancouver Real Estate Board, told the Courier that off-shore buyers account for only three per cent of house sales. Rubbish. Because foreigners often use local addresses (their lawyer’s office, for example) when registering with the provincial land title office, no one knows how many off-shore investors own homes in Vancouver. Yet Klein’s “three per cent” defence raises questions he’d likely rather avoid.</div><div style="font-size: 14px; line-height: 22px; width: auto;">What percentage. Mr. Klein, of foreign investment is acceptable in Vancouver’s real estate market? Ten per cent? Twenty per cent? If 50 per cent of Vancouver was owned by foreigners, would that be OK with you? Where do the interests of your global industry and our city diverge? How deep doth thy zeal for globalization run?</div><div style="font-size: 14px; line-height: 22px; width: auto;">No, they want this conversation to go away. Shut it up before folks get wise. If you’re troubled by dead neighbourhoods shuttered by foreign investment, you’re a racist dog stuck in 1923. Get back to your rented bungalow. You’ll be hearing from us soon.</div><div style="font-size: 14px; line-height: 22px; width: auto;">mhasiuk@vancourier.com</div><div style="font-size: 14px; line-height: 22px; width: auto;">Twitter: @MarkHasiuk</div><div style="font-size: 14px; line-height: 22px; width: auto;"></div><div class="copyright" style="font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 14px; line-height: 22px;">© Copyright (c) Vancouver Courier</div></div></div></div></div></div><span class="Apple-style-span" style="font-family: arial, verdana, 'Lucida Grande', sans-serif; font-size: 11px;"><span><br />
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Read more:<a href="http://www.vancourier.com/Chinese+investors+shutter+Vancouver+neighbourhood+while+apologists+racism/6468126/story.html#ixzz1sGC8Vu6c" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; color: #003399; font-family: arial; outline-color: initial; outline-style: none; outline-width: initial; text-decoration: none;">http://www.vancourier.com/Chinese+investors+shutter+Vancouver+neighbourhood+while+apologists+racism/6468126/story.html#ixzz1sGC8Vu6c</a></span></span></div>bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-19276458489462196872012-01-06T10:49:00.000-08:002012-01-06T10:49:06.398-08:00many houses being pulled off market in jan. 2012i have noticed approx. 30% of house listings on the west side have been pulled off the market in just the past 2 weeks. there was tons of supply and nothing was selling- looks like the few owners that own most of the supply...my guess is 5 or 6 people ......got together and decided to pull off the supply to try and avoid the collapse. won't work. i drove around and surveyed the area...no sold signs. they just took the signs down is all.<br />
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bmbubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-50188980643125561082011-10-11T15:58:00.000-07:002011-10-11T15:58:20.942-07:004th time in 4 years for sale ... not new residents...flipping/laundering<div class="separator" style="clear: both; text-align: center;"><br />
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEioi6NNbt-Gu4GtL9nG4kyrHfnrNIpx8NM3YrQEaYSvt1Xhl-oSrlcZoZhj9UXxATjBhvWBgxONjswxmOeyj96LBTYnwAPUw35WpDcEaKMsqVTkFMIe-eQshk0PTvVg3muFRknkueOjuGg/s1600/oct11.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="294" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEioi6NNbt-Gu4GtL9nG4kyrHfnrNIpx8NM3YrQEaYSvt1Xhl-oSrlcZoZhj9UXxATjBhvWBgxONjswxmOeyj96LBTYnwAPUw35WpDcEaKMsqVTkFMIe-eQshk0PTvVg3muFRknkueOjuGg/s320/oct11.png" width="320" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">this house sold in 2008 for a little over 1 million, it sold again in 2009 and again in 2010....here we are again in 2011 and it is for sale yet again for 1.8 million more than it did in 2008 and there have been no changes to the property. this is being flipped and most likely a money laundering vehicle just like the majority of the houses in this area. this is not people from china buying and moving to vancouver like the media and realtors would like you to think. is there anybody out there........bm</td></tr>
</tbody></table>bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-61941595764209336772011-09-15T17:48:00.000-07:002011-09-18T09:36:11.805-07:00sept. 15 2011<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjxDA2UXLcwcYhly9HGZpmO3tMrfDH1A7ybV8gWyH7iAZzPrlo-I-gdub-ROp0YG8QB0CvgPwA50P-o0d_o8wzn68SLC4X-XKljVYJ1r2Lp0R9vLv1uaJDUiJoWCQsLGxzv5sAEK2tMgJE/s1600/IMG-20110915-00008.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjxDA2UXLcwcYhly9HGZpmO3tMrfDH1A7ybV8gWyH7iAZzPrlo-I-gdub-ROp0YG8QB0CvgPwA50P-o0d_o8wzn68SLC4X-XKljVYJ1r2Lp0R9vLv1uaJDUiJoWCQsLGxzv5sAEK2tMgJE/s320/IMG-20110915-00008.jpg" width="239" /></a></div><br />
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This is a prime example of what has been happening to the once great city of vancouver. This house is right in the heart of the real estate bubble .... 20th and vine. The house was sold for 2.1 million in march 2011 , up 1 million from the previous year. The house rented for $2400 for the past 7 years. The tenants were a family of 3 , hard working , earning a decent living and contributing to the economy. The house was bought by "foreign speculators" on one of those "day buying trips". The tenants were asked to leave within the month of the sale. Here we are 6 months later and nobody lives there, the yard is overgrown, garbage piled in the backyard ..... A once nice place turned into a cold , soulless lot. These houses are littered around this city. This particular hood sits abt 20 percent empty yet fully owned. Sad - soon this hood will sit 50 percent empty and they will all be for sale.<br />
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We have been in the biggest real estate spec. bubble this city has ever seen and it has already popped- did you hear it?<br />
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BMbubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-31951930654419665392011-09-14T08:35:00.000-07:002011-09-14T08:35:26.216-07:00Vanhattan????? Tooo funnySept 14 , 2011<br />
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bc housing magazine cover .... Vanhattan...enough said- the top is in<br />
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i have seen massive supply come onto the market on the west side especially in the hot area of trafalgar park where chinese speculators and money washers have dominated the market. If you take a stroll through that area , you will walk through blocks that have 4 and 5 for sale signs per block. we have seen a generational top is my bet and will not see the recent highs for decades to come. I have heard of chinese buying houses just 3 months ago that are now trying to sell them already-good luck. for all those who have not yet cashed in their "lottery tickets" because you thought prices here would rise forever - sit back , enjoy a glass of wine ( as Cam Good would say ) and watch the air deflate from your nest egg.<br />
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BMbubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-77161309763625764702011-07-08T19:44:00.000-07:002011-07-08T19:46:15.433-07:00quality construction for $2.7 million?<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiVx0jUE4HlRgcbBZHfKzkJ2AkrhmNzpfNodIRXd6fYINvez63hY0s-LlfbG0SKtTzQIJ5edZ4Mn25M-MT8D1tFDzFeX-Aq79TzkEvOQkdotjWQsdtMjN6_pdRHYP2eGjQnEuN9WqskL-Q/s1600/post.jpg" imageanchor="1" style="margin-left:1em; margin-right:1em"><img border="0" height="166" width="221" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiVx0jUE4HlRgcbBZHfKzkJ2AkrhmNzpfNodIRXd6fYINvez63hY0s-LlfbG0SKtTzQIJ5edZ4Mn25M-MT8D1tFDzFeX-Aq79TzkEvOQkdotjWQsdtMjN6_pdRHYP2eGjQnEuN9WqskL-Q/s320/post.jpg" /></a></div><br />
take a stroll around the neighborhood with the hottest real estate in north america....16th ave to 25th ave/macdonald st to arbutus st. This is the quality of construction that is taking place. these pieces of crapola are listed for $2.5 to $4 million........this will be worse than the infamous leaky condos.on another note , there is an eerie feeling in the city right now. after the recent panic buying by 'rush foreign buyers' i'm sensing a pop about to take place. not gonna be pretty.bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-43412480222953133812011-06-15T14:39:00.000-07:002011-06-15T14:39:49.341-07:00mark carney continues to warn...he chose vancouver as the place to give this speach- wonder why?<span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px; line-height: 22px;"></span><br />
<div class="clearfix" id="story_head" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; display: block; font-size: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;"><h1 style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; clear: both; font-size: 30px; line-height: 1.3em; margin-bottom: 12px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Carney Says Authorities Must Remain Vigilant About Canadian House Prices</h1><div id="story_meta" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><cite class="byline" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #6f6f6f; display: block; font-size: 11px; font-style: normal; line-height: 1.3em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline; width: 640px;">By Greg Quinn and Andrew Mayeda - <span class="datestamp" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Jun 15, 2011 12:35 PM PT</span></cite></div></div><div class="clearfix" id="story_content" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-color: rgb(221, 221, 221); border-bottom-style: solid; border-bottom-width: 1px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-color: rgb(221, 221, 221); 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</ul></div></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">Bank of <a density="full" href="http://topics.bloomberg.com/canada/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;">Canada</a> Governor <a density="sparse" href="http://topics.bloomberg.com/mark-carney/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;">Mark Carney</a> said housing prices in some parts of the country are reaching “severely unaffordable” levels, reinforcing the need for Canadian authorities to remain “vigilant” against a correction.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">Carney reiterated the bank’s forecast that Canada’s housing market will cool as part of an economic “rebalancing,” in which business investment and exports will take over from consumers and governments as engines of growth. He said some parts of the housing market, such as<a density="full" href="http://topics.bloomberg.com/vancouver/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;">Vancouver</a>, may be rising to “extreme” valuations driven by fear and greed, rather than supply and demand.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">“The risk is that expectations become extrapolative, prompting the classic market emotions of greed and fear - greed among speculators and investors, and fear among households that getting a foot on the property ladder is a now-or-never proposition,” Carney, 46, said in the text of a speech he’s delivering today in Vancouver, a city where housing prices rose 26 percent in May from a year earlier, the <a density="full" href="http://topics.bloomberg.com/canadian-real-estate-association/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;">Canadian Real Estate Association</a> said today.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">The central-bank governor restated his forecast that economic growth in Canada is slowing to a “modest pace,” weighed down by temporary factors such as supply-chain disruptions in the auto sector and rising energy prices that are curbing <a density="sparse" href="http://topics.bloomberg.com/consumer-spending/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;">consumer spending</a>. Growth should pick up in the second half of the year, he said.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">“Canadian authorities will need to remain vigilant as they have been in the past to the possibility of financial imbalances developing,” Carney said.</div><h2 style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 18px; font-weight: bold; line-height: 1.3em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 20px; vertical-align: baseline;">Eventual Rise</h2><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">Carney reiterated the bank plans to “eventually” raise its benchmark rate from 1 percent, where it has stood since September. He reiterated that any increase will be “carefully considered,” using language from earlier announcements.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">Carney said housing prices have risen 31 percent nationally from their bottom in early 2009, and are now 13 percent above their previous peak before the global recession. He attributed the rise partly to “cheap credit” made available by low <a density="sparse" href="http://topics.bloomberg.com/interest-rates/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;">interest rates</a>.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">The bank estimates the proportion of Canadian households “highly vulnerable” to an economic shock has increased to its highest level in nine years. Canadians are now as deep in debt as Americans and the British relative to their incomes, he said, adding that “households will need to be prudent in their borrowing, recognizing that over the life of a mortgage, interest rates will often be much higher.”</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">He also said that housing-related debt is the “single largest exposure” for Canadian financial institutions.” Real- estate loans make up over 40 percent of the assets of Canadian banks.</div><h2 style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 18px; font-weight: bold; line-height: 1.3em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 20px; vertical-align: baseline;">‘Important Vulnerabilities’</h2><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">“Any housing excesses could generate important vulnerabilities in the financial system,” he said.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">Carney said certain regions and market segments could be more vulnerable than others, referring to the possibility of an “overshoot” in the condominium market in major cities. He said the average selling price of a home in Vancouver now stands at nearly 11 times average family income, a multiple on par with <a density="sparse" href="http://topics.bloomberg.com/hong-kong/" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;">Hong Kong</a> and Sydney.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Arial; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 10px; vertical-align: baseline;">“Such valuations are extreme in both Canada and globally,” he said.</div><div><br />
</div></div>bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-6750525234115871682011-06-11T10:32:00.001-07:002011-06-11T10:35:25.822-07:00i wonder if our politicians are receiving these in the mail?<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjjICtqgnoTmDffv9zTWMUo691K-dUNmgKzQF6PjkLko7gltARujqC94K2LZe47vBaOmsHchAW5yOB78qwZ97Po0IXISViVlkGoZPgdfYeUmW2WRfIpzf53fP3ygUxIoPwAv3S-y5454to/s1600/homeland_realty.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjjICtqgnoTmDffv9zTWMUo691K-dUNmgKzQF6PjkLko7gltARujqC94K2LZe47vBaOmsHchAW5yOB78qwZ97Po0IXISViVlkGoZPgdfYeUmW2WRfIpzf53fP3ygUxIoPwAv3S-y5454to/s1600/homeland_realty.jpg" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><br />
</td></tr>
</tbody></table>bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-34944042517198963462011-06-08T14:12:00.000-07:002011-06-08T14:12:21.347-07:00june 2011- hello? anybody see what i see? hahahahahahahaha<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXOdl06x3IjDirV4XBe3yc_U3joRg3vzRHn8YvGzb36PtGrOy-CsfXpKq-19ZnV7BSVKMD_0wMKE9iB6urY0xba_TuyBQWvpAfMl86wraemelZOtCY6lXhQCwp4LAs6GnU5RB38MO6aZg/s1600/june_08_11.jpg" imageanchor="1"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXOdl06x3IjDirV4XBe3yc_U3joRg3vzRHn8YvGzb36PtGrOy-CsfXpKq-19ZnV7BSVKMD_0wMKE9iB6urY0xba_TuyBQWvpAfMl86wraemelZOtCY6lXhQCwp4LAs6GnU5RB38MO6aZg/s1600/june_08_11.jpg" /></a></div>bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-13640643516031615212011-05-28T11:58:00.000-07:002011-06-12T18:45:06.123-07:00west side property, especially HKS , is going up 10-15% a month- which is normal and sustainable so no need to worry yet. 95% of sales are to mainland chinese who are buying multiple properties and flipping them to each other. the houses are still sitting empty all year long. the one's that actually live here in them are using the school system, hospitals yet don't pay taxes or contribute to the city in any way other than consumption taxes and property taxes. maybe this is just what the city wants....every house to be valued over 2 million so they can collect large property taxes. nobody who works in this city can afford to live near the best schools and have no chance of buying a house in this market which is now almost completely dominated by foreign buyers and specultors. how can companies hire workers to come and work in vancouver? company headquarters will all move elsewhere which will result in large losses of capital for this city. wake up gov't. time to put foreign ownership rules in place. vancouver's homes should not be treated like stocks and bonds and as places to wash money- some of us, although getting fewer by the day, actually live and work here.bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-38832955353277609752011-05-28T11:46:00.000-07:002011-05-28T11:46:15.967-07:00this property is amazing- such a great deal!!!!!!! it's only up 120% in one year<table align="center" class="Main" id="MAIN" style="background-color: white; border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-collapse: collapse; border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(204, 204, 204); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(204, 204, 204); border-top-style: solid; border-top-width: 1px; width: 970px;"><tbody>
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<tr><td bgcolor="white" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><img border="0" height="36" src="http://www.realtor.ca/presentation/images/en-CA/header/header_left.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; left: 3px; position: relative;" /></td><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><img alt="MLS® #" border="0" src="http://www.realtor.ca/presentation/images/en-CA/header/mls.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></td><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><input id="txtMlsNumber" style="background-color: #ebebeb; border-bottom-color: rgb(200, 202, 202); border-bottom-style: solid; border-bottom-width: 1px; border-left-color: rgb(200, 202, 202); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(200, 202, 202); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(200, 202, 202); border-top-style: solid; border-top-width: 1px; font-size: 10px; position: relative; top: -3px;" type="text" value="" /> <a href="http://www.realtor.ca/propertySearch.aspx" id="lnkMlsSearch" style="color: black; cursor: pointer;"><img alt="GO" id="_ctl0_eHeader__ctl0_btnMLSSearch" src="http://www.realtor.ca/presentation/images/en-CA/various/na_mls_go_arrow.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></a></td><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><a href="http://www.realtor.ca/propertySearch.aspx" id="_ctl0_eHeader__ctl0_lnkAdvancedSearch" style="color: black;"><img alt="Advanced Search" border="0" id="_ctl0_eHeader__ctl0_imgAdvancedSearch" src="http://www.realtor.ca/presentation/images/en-CA/header/advanced_search.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></a></td><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><a href="http://www.realtor.ca/realtorSearch.aspx" id="_ctl0_eHeader__ctl0_lnkRealtorSearch" style="color: black;"><img alt="REALTOR® Search" border="0" id="_ctl0_eHeader__ctl0_imgRealtorSearch" src="http://www.realtor.ca/presentation/images/en-CA/header/realtor_search.jpg" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></a></td><td align="center" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><a href="http://www.realtor.ca/propertyCompare.aspx" id="_ctl0_eHeader__ctl0_lnkCompare" style="color: black;"><img alt="Compare" border="0" id="_ctl0_eHeader__ctl0_imgPropertyCompare" src="http://www.realtor.ca/presentation/images/en-CA/header/compare_properties.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; position: relative; top: -1px;" /></a></td><td align="center" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><a href="http://www.realtor.ca/propertyFavourites.aspx" id="_ctl0_eHeader__ctl0_lnkPropertyFavorites" style="color: black;"><img alt="My Favourites" border="0" id="_ctl0_eHeader__ctl0_imgPropertyFavorites" src="http://www.realtor.ca/presentation/images/en-CA/header/favourite_properties.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></a></td><td bgcolor="white" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><img border="0" height="36" src="http://www.realtor.ca/presentation/images/en-CA/header/header_right.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></td></tr>
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<tr><td class="Content" id="CONTENT" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-left: 0px; padding-right: 0px; vertical-align: top;"><table align="center" style="border-collapse: collapse;"><tbody>
<tr><td colspan="4" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><table class="MainHeadingTable" style="border-bottom-color: rgb(170, 170, 170); border-bottom-style: solid; border-bottom-width: 1px; border-collapse: collapse; border-left-color: rgb(170, 170, 170); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(170, 170, 170); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(170, 170, 170); border-top-style: solid; border-top-width: 1px; height: 30px; left: 7px; position: relative; width: 941px;"><tbody>
<tr><td class="MainHeadingLeft" style="background-color: #f0f0f0; font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 14px; font-weight: bold; padding-bottom: 0px; padding-left: 5px; padding-right: 5px; padding-top: 0px; text-align: left; vertical-align: middle; width: 224px;">MLS®: V887015</td><td class="MainHeadingRight" style="background-color: #f0f0f0; font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 14px; font-weight: bold; padding-bottom: 0px; padding-left: 5px; padding-right: 5px; padding-top: 0px; text-align: center; vertical-align: middle;"><div style="margin-bottom: 0px; margin-left: auto; margin-right: auto; margin-top: 0px; text-align: center; width: 695px;"><span style="margin-bottom: 0px; margin-left: auto; margin-right: auto; margin-top: 0px; position: relative;">For Sale: $2,489,000 </span><span style="position: relative; width: 3px;"><br />
</span><span style="margin-bottom: 0px; margin-left: auto; margin-right: auto; margin-top: 0px; position: relative;"></span></div></td></tr>
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<tr><td align="left" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><span class="FeatureIcons"><a href="http://www.realtor.ca/redirect.aspx?&t=multimedia&r=http%3a%2f%2fpicasaweb.google.com%2ffay.tham%2f2395West22ndAtBalsam%3fauthkey%3dGv1sRgCJiOsovc-rzb1wE%26feat%3ddirectlink" id="_ctl0_eFeatureIcons_lnkMultimedia" style="color: black; cursor: pointer;" target="_blank"><img alt="View Multimedia" id="_ctl0_eFeatureIcons_ImgMultimedia" src="http://www.realtor.ca/presentation/images/en-CA/icons/virtualTour.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></a> <a href="" id="_ctl0_eFeatureIcons_lnkDrivingDirections" style="color: black; cursor: pointer;"><img alt="Driving Directions" id="_ctl0_eFeatureIcons_ImgDrivingDirections" src="http://www.realtor.ca/presentation/images/en-CA/icons/DrivingDirections.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></a> <a href="" id="_ctl0_eFeatureIcons_lnkCalculator" style="color: black; cursor: pointer;"><img alt="Mortgage Calculator" id="_ctl0_eFeatureIcons_ImgCalculator" src="http://www.realtor.ca/presentation/images/en-CA/icons/mortgagecalculator.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></a> <a href="" id="_ctl0_eFeatureIcons_lnkPrint" style="color: black; cursor: pointer;"><img alt="Print" id="_ctl0_eFeatureIcons_Imgprint" src="http://www.realtor.ca/presentation/images/en-CA/icons/print.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></a> <a href="" id="_ctl0_eFeatureIcons_lnkEmailFriend" style="color: black; cursor: pointer;"><img alt="Email to a Friend" id="_ctl0_eFeatureIcons_ImgEmailFriend" src="http://www.realtor.ca/presentation/images/en-CA/icons/emailtoafriend.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></a></span><hr id="_ctl0_HR1" noshade="" size="1" style="color: #aaaaaa; left: 7px; position: relative;" width="940" /></td></tr>
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<tr valign="top"><td align="center" class="NonPadded" height="100" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" valign="top" width="260"><table align="center" cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 256px;"><tbody>
<tr><td align="center" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><span id="house"><img alt="MLS® V887015" class="PropDetailsPhoto" id="_ctl0_imgHouse" name="show" src="http://images.realtor.ca/listing/reb89/medres/5/v887015_1.jpg?PhotoId=634407247345400000" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; cursor: pointer; height: 200px; margin-bottom: 15px; margin-left: 10px; position: relative; top: 5px; width: 256px;" /></span></td></tr>
<tr><td align="center" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><table style="border-collapse: collapse;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><span id="_ctl0_eThumbnails_rptThumbnails"><span><a href="http://images.realtor.ca/listing/reb89/highres/5/v887015_1.jpg?PhotoId=634407247345400000" style="color: black;" target="blank"><img class="PhotoThumbnail" src="http://images.realtor.ca/listing/reb89/lowres/5/v887015_1.jpg?PhotoId=634407247345400000" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; height: 30px; margin-bottom: 2px; margin-left: 2px; margin-right: 2px; margin-top: 2px; width: 33px;" /></a> </span></span><a href="" id="_ctl0_eThumbnails_lnkMorePhotos" style="color: black; cursor: pointer;"><img id="_ctl0_eThumbnails_btnMorePhoto" src="http://www.realtor.ca/presentation/images/en-CA/various/more.gif" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" /></a></td></tr>
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</tbody></table></td><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;" valign="top" width="300"><table id="_ctl0_tblCheckboxes" style="border-collapse: collapse;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="DetailFavouriteProperty" style="background-color: #fcfccc; border-bottom-color: rgb(152, 155, 146); border-bottom-style: solid; border-bottom-width: 1px; border-left-color: rgb(152, 155, 146); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(152, 155, 146); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(152, 155, 146); border-top-style: solid; border-top-width: 1px; color: black; font-family: tahoma; font-size: 10px; font-weight: bold; left: 40px; position: relative; top: 2px; width: 220px;"><input id="PropertyFavourite~10658375" style="font-size: 10px;" type="checkbox" /><span>Add To My Favourites</span></div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="DetailCompareProperty" style="background-color: #fcfccc; border-bottom-color: rgb(152, 155, 146); border-bottom-style: solid; border-bottom-width: 1px; border-left-color: rgb(152, 155, 146); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(152, 155, 146); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(152, 155, 146); border-top-style: solid; border-top-width: 1px; color: black; font-family: tahoma; font-size: 10px; font-weight: bold; left: 40px; margin-bottom: 7px; padding-bottom: 2px; position: relative; top: 2px; width: 220px;"><input id="PropertyCompare~10658375" style="font-size: 10px;" type="checkbox" /><span>Add to Compare</span><span id="PropertyCompare~10658375"></span></div></td></tr>
</tbody></table><table class="PropDetailsSummaryTable" style="border-collapse: collapse; margin-left: 40px; width: 280px;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><table align="Center" border="0" cellspacing="0" id="_ctl0_elListingSummary_rptSpecifications" style="border-collapse: collapse; width: 278px;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSummarySpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 95px;">Building Type</div><div class="PropDetailsSummaryValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 140px;">: House</div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSummarySpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 95px;">Bedrooms</div><div class="PropDetailsSummaryValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 140px;">: 2</div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSummarySpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 95px;">Bathrooms (Total)</div><div class="PropDetailsSummaryValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 140px;">: 3</div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSummarySpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 95px;">Floor Space</div><div class="PropDetailsSummaryValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 140px;">: <span ismeasurement="True" title="222.9672 m2">2400 sqft</span></div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSummarySpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 95px;">Storeys</div><div class="PropDetailsSummaryValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 140px;">: 2</div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSummarySpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 95px;">Built in</div><div class="PropDetailsSummaryValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 140px;">: 1950</div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSummarySpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 95px;">Land Size</div><div class="PropDetailsSummaryValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 140px;">: 50.0 x 122.0</div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSummarySpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 95px;">View</div><div class="PropDetailsSummaryValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 140px;">: View</div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSummarySpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 95px;">Title</div><div class="PropDetailsSummaryValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 140px;">: Freehold</div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSummarySpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 95px;">Location</div><div class="PropDetailsSummaryValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 140px;">: 2395 W 22ND AV<br />
Vancouver, BC V6L 1L8</div></td></tr>
</tbody></table></td></tr>
</tbody></table></td><td rowspan="2" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;" valign="top" width="170"><table class="PropDetailsRightTable" style="border-collapse: collapse; border-left-color: rgb(170, 170, 170); border-left-style: dotted; border-left-width: 1px;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;" valign="top"><table border="0" cellspacing="0" id="_ctl0_elRealtor3_rptRealtors" style="border-collapse: collapse; width: 375px;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><br />
<table class="SubTable" style="border-collapse: collapse;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; vertical-align: top;" valign="top"><div></div><div></div></td></tr>
<tr><td class="Label" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; font-weight: bold; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; text-align: left; vertical-align: top;">Emily Chi</td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; vertical-align: top;">Telephone: 604-781-8838</td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; vertical-align: top;">Fax: 604-266-5165</td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; vertical-align: top;"><a href="http://www.realtor.ca/propertyDetails.aspx?propertyId=10658375&PidKey=-1139268824" style="color: black;">Email REALTOR®</a></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; vertical-align: top;" valign="top"><br />
<img alt="Royal Pacific Realty Corp." height="36" src="http://images.realtor.ca/organization/en-CA/lowres/1006022.jpg" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial;" width="75" /></td></tr>
<tr><td class="Label" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; font-weight: bold; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; text-align: left; vertical-align: top;">Royal Pacific Realty Corp.</td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; vertical-align: top;">#550 N Tower, 650 W. 41st Ave<br />
Vancouver, British Columbia V5Z 2M9</td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; vertical-align: top;">Telephone: 604-266-8989</td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; vertical-align: top;">Fax: 604-266-8829</td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; vertical-align: top;"><a href="http://www.realtor.ca/propertyDetails.aspx?propertyId=10658375&PidKey=-1139268824" style="color: black;">Email Office</a></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px; padding-bottom: 2px; padding-left: 5px; padding-right: 2px; padding-top: 2px; vertical-align: top;"><a href="http://www.realtor.ca/redirect.aspx?&t=ind&r=http%3a%2f%2fwww.royalpacific.com" style="color: black;" target="_blank">Office Website</a></td></tr>
</tbody></table></td><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"></td></tr>
</tbody></table></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div id="_ctl0_elLocationMap1_pnlContent"><br />
<hr noshade="" style="border-bottom-color: grey; border-bottom-style: dotted; border-bottom-width: 1px; border-left-color: grey; border-left-style: dotted; border-left-width: 1px; border-right-color: grey; border-right-style: dotted; border-right-width: 1px; border-top-color: grey; border-top-style: dotted; border-top-width: 1px; color: #aaaaaa; width: 367px;" /><br />
<div id="divMapTable"><table class="MapTable" style="background-color: #f4f4f4; border-bottom-color: rgb(170, 170, 170); border-bottom-style: solid; border-bottom-width: 1px; border-collapse: collapse; border-left-color: rgb(170, 170, 170); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(170, 170, 170); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(170, 170, 170); border-top-style: solid; border-top-width: 1px; color: #5b5b5b; width: 360px;"><tbody>
<tr><td align="center" height="20" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><span id="_ctl0_elLocationMap1_lblAddress">2395 W 22ND AV Vancouver, BC V6L 1L8 </span> </td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"></td></tr>
<tr><td align="left" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div id="divMapTools" style="cursor: pointer; margin-bottom: -2px; margin-left: 1px; margin-right: -2px; margin-top: -2px; width: 80px;"><img id="_ctl0_elLocationMap1_imgMapTool" src="http://www.realtor.ca/presentation/images/en-CA/buttons/maptools_ov.png" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-left: 3px;" /></div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"></td></tr>
<tr><td align="center" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="DrivingDirectionMap MSVE_MapContainer" id="SearchMap" style="background-color: #e9e7d4; background-image: none; border-bottom-color: rgb(170, 170, 170); border-bottom-style: solid; border-bottom-width: 1px; border-left-color: rgb(170, 170, 170); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(170, 170, 170); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(170, 170, 170); border-top-style: solid; border-top-width: 1px; font-size: 16px; height: 400px; overflow-x: hidden; overflow-y: hidden; position: relative; text-align: left; width: 350px; z-index: 1;"><div class="MSVE_Map" style="cursor: inherit; left: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: absolute; top: 0px; z-index: 1;"><div id="rootgraphicshape"></div><img class="MSVE_ImageTile msve_Road_tile" src="http://ecn.t0.tiles.virtualearth.net/tiles/r02121222213010.png?g=685&mkt=en-CA" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; height: 256px; left: -42px; opacity: 1; position: absolute; top: -67px; width: 256px; z-index: 1;" /><img class="MSVE_ImageTile msve_Road_tile" src="http://ecn.t1.tiles.virtualearth.net/tiles/r02121222213011.png?g=685&mkt=en-CA" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; height: 256px; left: 214px; opacity: 1; position: absolute; top: -67px; width: 256px; z-index: 1;" /><img class="MSVE_ImageTile msve_Road_tile" src="http://ecn.t2.tiles.virtualearth.net/tiles/r02121222213012.png?g=685&mkt=en-CA" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; height: 256px; left: -42px; opacity: 1; position: absolute; top: 189px; width: 256px; z-index: 1;" /><img class="MSVE_ImageTile msve_Road_tile" src="http://ecn.t3.tiles.virtualearth.net/tiles/r02121222213013.png?g=685&mkt=en-CA" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; height: 256px; left: 214px; opacity: 1; position: absolute; top: 189px; width: 256px; z-index: 1;" /><div id="VELayerListDiv"><div id="msftve_1001"></div><div id="msftve_1002"></div><div id="msftve_1003"></div><div id="msftve_1004"></div><div id="msftve_1005"></div><div id="msftve_1006"></div><div id="msftve_1007"><a class="VEAPI_Pushpin" href="http://www.realtor.ca/propertyDetails.aspx?propertyId=10658375&PidKey=-1139268824" id="msftve_1007_200000_10000" style="color: black; display: block; left: 163px; position: absolute; text-decoration: none; top: 188px; z-index: 1000;"><div><img src="http://www.realtor.ca/presentation/images/en-ca/icons/dot_small.gif" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-style: initial; border-top-style: none; border-top-width: 0px; border-width: initial; z-index: 600;" /></div></a></div></div></div><input class="MSVE_KeyboardInput" id="wl_ve_mapInput" style="background-color: transparent; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: transparent; font-size: 0px; height: 1px; left: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: fixed; top: 0px; width: 1px; z-index: 0;" /><div class="MSVE_LogoContainer" style="bottom: 0px; height: 29px; left: 0px; padding-bottom: 2px; padding-left: 2px; padding-right: 2px; padding-top: 2px; position: absolute; width: 71px; z-index: 30;"><div id="MSVE_PoweredByLogo" style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: url(http://ecn.dev.virtualearth.net/mapcontrol/v6.3/i/bin/6.3.20091207154938.04/logo2.png); background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; display: block; height: 29px; width: 93px;"></div></div><div class="MSVE_ScaleBarLabel MSVE_ScaleBarLabelBg" style="bottom: 13px; color: white; display: block; font-size: 0.8em; margin-bottom: 13px; position: absolute; right: 10px; z-index: 30;">0.9 km</div><div class="MSVE_ScaleBarLabel MSVE_ScaleBarLabelFg" style="bottom: 14px; color: black; display: block; font-size: 0.8em; margin-bottom: 13px; position: absolute; right: 11px; z-index: 31;">0.9 km</div><div class="MSVE_ScaleBar MSVE_ScaleBarBg" style="background-color: white; bottom: 13px; display: block; height: 7px; margin-bottom: 7px; overflow-x: hidden; overflow-y: hidden; position: absolute; right: 9px; width: 148px; z-index: 30;"></div><div class="MSVE_ScaleBar MSVE_ScaleBarFg" style="background-color: #aacbee; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px; border-left-color: rgb(0, 0, 0); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(0, 0, 0); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(0, 0, 0); border-top-style: solid; border-top-width: 1px; bottom: 14px; display: block; height: 3px; margin-bottom: 7px; overflow-x: hidden; overflow-y: hidden; position: absolute; right: 10px; width: 144px; z-index: 31;"></div><div class="MSVE_Copyright MSVE_CopyrightBackground" style="bottom: 0px; color: black; display: block; font-size: 6pt; line-height: 1.5em; padding-bottom: 4px; position: absolute; right: 9px; text-align: right; width: 300px; z-index: 30;"><span style="display: inline-block; padding-left: 1em; white-space: nowrap;">© 2011 Microsoft Corporation</span> <span style="display: inline-block; padding-left: 1em; white-space: nowrap;">© 2010 NAVTEQ</span> <span style="display: inline-block; padding-left: 1em; white-space: nowrap;">© AND</span></div><div class="MSVE_Copyright MSVE_CopyrightForeground" style="bottom: 1px; color: white; display: block; font-size: 6pt; line-height: 1.5em; padding-bottom: 4px; position: absolute; right: 10px; text-align: right; width: 300px; z-index: 31;"><span style="display: inline-block; padding-left: 1em; white-space: nowrap;">© 2011 Microsoft Corporation</span> <span style="display: inline-block; padding-left: 1em; white-space: nowrap;">© 2010 NAVTEQ</span> <span style="display: inline-block; padding-left: 1em; white-space: nowrap;">© AND</span></div><div class="MSVE_Dashboard_V6 MSVE_API MSVE_Dashboard_V6_blue notraffic MSVE_OrthoView MSVE_FlatlandMapMode" id="MSVE_navAction_container" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: white; display: block; font-family: verdana, arial, sans-serif; font-style: normal; font-variant: normal; height: 27px; left: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: absolute; top: 0px; width: 395px; z-index: 100;"><div class="MSVE_navAction_background" id="MSVE_navAction_leftBackground" style="background-color: #235087; height: 175px; left: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; opacity: 0.7; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 75px; position: absolute; top: 0px; width: 30px; z-index: 80; zoom: 1;"></div><div class="MSVE_navAction_background" id="MSVE_navAction_compassBackground" style="background-color: #235087; height: 27px; left: 30px; opacity: 0.7; position: absolute; top: 0px; width: 44px; zoom: 1;"></div><div class="MSVE_navAction_background" id="MSVE_navAction_topBackground" style="background-color: #235087; cursor: auto; font-size: 7.5pt; height: 27px; left: 0px; line-height: 27px; margin-left: 74px; opacity: 0.7; position: relative; text-align: center; top: 0px; width: 490px; z-index: 120; zoom: 1;"></div><div class="MSVE_Dashboard MSVE_Dashboard_V6" id="MSVE_navAction_compassContainer" style="background-color: transparent; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: white; cursor: auto !important; font-weight: normal; left: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: absolute; top: 0px; z-index: 90;"><div id="MSVE_navAction_compassWrapper" style="position: absolute; z-index: 150;"><div id="Compass" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: url(http://ecn.dev.virtualearth.net/mapcontrol/v6.3/i/bin/6.3.20091207154938.04/vecss.png); background-origin: initial; background-position: 0px -102px; background-repeat: no-repeat no-repeat; height: 49px; left: 16px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; position: absolute; top: 15px; width: 49px; z-index: 120;" title="Pan in any direction"></div></div></div><div class="MSVE_Dashboard MSVE_Dashboard_V6" id="MSVE_navAction_leftBar" style="background-color: transparent; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: white; cursor: auto !important; font-weight: normal; left: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 75px; position: absolute; top: 0px; width: 30px; z-index: 80;"></div><div class="MSVE_Dashboard MSVE_Dashboard_V6 MSVE_FlatlandMapMode MSVE_OrthoView" id="MSVE_navAction_topBar" style="background-color: transparent; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: white; cursor: auto; font-size: 7.5pt; font-weight: normal; height: 27px; left: 74px; line-height: 27px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: absolute; text-align: center; top: 0px; z-index: 130;"><div class="MSVE_RoadMapStyle MSVE_FlatlandMapMode MSVE_OrthoView" id="MSVE_navAction_styleGroup" style="float: left; height: 27px;"><div class="MSVE_MapStyle" id="MSVE_navAction_RoadMapStyle" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: url(http://ecn.dev.virtualearth.net/mapcontrol/v6.3/i/bin/6.3.20091207154938.04/NavAction/nav_select.gif); background-origin: initial; background-position: 50% 17px; background-repeat: no-repeat no-repeat; border-bottom-color: transparent; border-bottom-style: solid; border-bottom-width: 1px; border-left-color: transparent; border-left-style: solid; border-left-width: 1px; border-right-color: transparent; border-right-style: solid; border-right-width: 1px; border-top-color: transparent; border-top-style: solid; border-top-width: 1px; cursor: pointer; float: left; font-weight: bold; height: 21px; line-height: 21px; margin-bottom: 2px; margin-top: 2px; padding-left: 3px; padding-right: 3px; position: relative; width: 46px;" title="Switch to road view">Road</div><div class="MSVE_MapStyle" id="MSVE_navAction_AerialMapStyle" style="border-bottom-color: transparent; border-bottom-style: solid; border-bottom-width: 1px; border-left-color: transparent; border-left-style: solid; border-left-width: 1px; border-right-color: transparent; border-right-style: solid; border-right-width: 1px; border-top-color: transparent; border-top-style: solid; border-top-width: 1px; cursor: pointer; float: left; height: 21px; line-height: 21px; margin-bottom: 2px; margin-top: 2px; padding-left: 3px; padding-right: 3px; position: relative; width: 46px;" title="Switch to aerial view">Aerial</div><div class="MSVE_MapStyle" id="MSVE_navAction_ObliqueMapView" style="border-bottom-color: transparent; border-bottom-style: solid; border-bottom-width: 1px; border-left-color: transparent; border-left-style: solid; border-left-width: 1px; border-right-color: transparent; border-right-style: solid; border-right-width: 1px; border-top-color: transparent; border-top-style: solid; border-top-width: 1px; cursor: pointer; float: left; height: 21px; line-height: 21px; margin-bottom: 2px; margin-top: 2px; padding-left: 3px; padding-right: 3px; position: relative; width: 68px;" title="Switch to bird's eye view">Bird's eye</div></div><div class="MSVE_navAction_separator" id="MSVE_navAction_separator2" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: url(http://ecn.dev.virtualearth.net/mapcontrol/v6.3/i/bin/6.3.20091207154938.04/vecss.gif); background-origin: initial; background-position: 0px -486px; background-repeat: initial initial; float: left; height: 13px; margin-left: 2px; margin-right: 2px; margin-top: -7px; position: relative; top: 50%; width: 1px;"></div><div class="MSVE_MapStyle_disabled MSVE_selected" id="MSVE_navAction_showLabels" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: url(http://ecn.dev.virtualearth.net/mapcontrol/v6.3/i/bin/6.3.20091207154938.04/NavAction/nav_select_gray.gif); background-origin: initial; background-position: 50% 17px; background-repeat: no-repeat no-repeat; border-bottom-color: transparent; border-bottom-style: solid; border-bottom-width: 1px; border-left-color: transparent; border-left-style: solid; border-left-width: 1px; border-right-color: transparent; border-right-style: solid; border-right-width: 1px; border-top-color: transparent; border-top-style: solid; border-top-width: 1px; color: #999999; cursor: pointer; float: left; font-weight: bold; height: 21px; line-height: 21px; margin-bottom: 2px; margin-top: 2px; padding-left: 3px; padding-right: 3px; position: relative;" title="Hide labels">Labels</div><div class="MSVE_navAction_separator" id="MSVE_navAction_separator3" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: url(http://ecn.dev.virtualearth.net/mapcontrol/v6.3/i/bin/6.3.20091207154938.04/vecss.gif); background-origin: initial; background-position: 0px -486px; background-repeat: initial initial; float: left; height: 13px; margin-left: 2px; margin-right: 2px; margin-top: -7px; position: relative; top: 50%; width: 1px;"></div></div></div></div></td></tr>
</tbody></table><br />
<span id="DrivingDirectionsArrow"><img border="0" src="http://www.realtor.ca/presentation/images/en-CA/various/arrow.jpg" style="border-bottom-style: none; border-color: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; position: relative; top: 2px;" /></span> <a href="http://www.realtor.ca/propertyDetails.aspx?propertyId=10658375&PidKey=-1139268824#" id="_ctl0_elLocationMap1_lnkPropertyDetails" style="color: #5b5b5b;">Driving Directions</a></div></div></td></tr>
</tbody></table></td></tr>
<tr><td colspan="2" height="480" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;" valign="top"><div id="_ctl0_elListingRemarks_pnlContent"><table class="PropDetailsLegalDescTable" style="border-collapse: collapse; margin-bottom: 15px; margin-left: 10px; margin-top: 5px; width: 570px;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><table border="0" cellspacing="0" id="_ctl0_elListingRemarks_rptSpecifications" style="border-collapse: collapse;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsRemarksText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 170px;">General Description</div><div class="PropDetailsRemarksValue" style="float: left; font-family: Tahoma; font-size: 11px; margin-top: -10px; padding-bottom: 10px; vertical-align: top; width: 550px;"><br />
Builder alert. Highly prized CORNER SOUTH facing unit in prime ARBUTUS area with PW High School and TRAFALGAR Elementary school catchment. Measurement, bathroom are estimates. Cannot go inside due to Tenancy ending August. Rent $3000. QUIET. Excellent expensive neighbourhood. DO NOT DISTURB TENANTS. Offer any time. DO NOT DISTURB TENANTS. Inside floor and room measurements & numbers are very approx.</div></td></tr>
</tbody></table></td></tr>
</tbody></table></div><table class="PropDetailsTables" style="background-color: #f4f4f4; border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-collapse: collapse; border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(204, 204, 204); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(204, 204, 204); border-top-style: solid; border-top-width: 1px;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div id="_ctl0_elGeneralPropertyDetails_pnlContent" title="Category"><span class="PropDetailsCaption" id="_ctl0_elGeneralPropertyDetails_lblProperty" style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-color: rgb(170, 170, 170); border-bottom-style: solid; border-bottom-width: 1px; border-left-color: rgb(170, 170, 170); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(170, 170, 170); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(170, 170, 170); border-top-style: solid; border-top-width: 1px; font-family: verdana; font-size: 10px; font-weight: bold; height: 15px; margin-bottom: 1px; margin-left: 5px; margin-right: 1px; margin-top: 1px; padding-bottom: 2px; padding-left: 2px; padding-right: 2px; padding-top: 2px;">Property</span><table class="PropDetailsTable" style="background-color: white; border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-collapse: collapse; border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(204, 204, 204); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(204, 204, 204); border-top-style: solid; border-top-width: 1px; width: 580px;"><tbody>
<tr><td height="10" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"></td></tr>
<tr id="_ctl0_elGeneralPropertyDetails_trSpecifications"><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><table align="Center" border="0" cellspacing="0" id="_ctl0_elGeneralPropertyDetails_rptSpecifications" style="border-collapse: collapse; width: 552px;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 140px;">View</div><div class="PropDetailsSpecValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 130px;">: View</div></td><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"></td></tr>
</tbody></table></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div style="line-height: 15px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><br />
</div></td></tr>
</tbody></table></div><div id="_ctl0_elBuildingDetails_pnlContent" title="Category"><span class="PropDetailsCaption" id="_ctl0_elBuildingDetails_lblFeatures" style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-color: rgb(170, 170, 170); border-bottom-style: solid; border-bottom-width: 1px; border-left-color: rgb(170, 170, 170); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(170, 170, 170); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(170, 170, 170); border-top-style: solid; border-top-width: 1px; font-family: verdana; font-size: 10px; font-weight: bold; height: 15px; margin-bottom: 1px; margin-left: 5px; margin-right: 1px; margin-top: 1px; padding-bottom: 2px; padding-left: 2px; padding-right: 2px; padding-top: 2px;" title="this is building">Building</span><table class="PropDetailsTable" style="background-color: white; border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-collapse: collapse; border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(204, 204, 204); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(204, 204, 204); border-top-style: solid; border-top-width: 1px; width: 580px;"><tbody>
<tr><td height="10" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"> </td></tr>
<tr id="_ctl0_elBuildingDetails_trSpecifications"><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><table align="Center" border="0" cellspacing="0" id="_ctl0_elBuildingDetails_rptSpecifications" style="border-collapse: collapse; width: 552px;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 140px;">Fireplace</div><div class="PropDetailsSpecValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 130px;">: Yes</div></td><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 140px;">Style</div><div class="PropDetailsSpecValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 130px;">: Detached</div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 140px;">Building Type</div><div class="PropDetailsSpecValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 130px;">: House</div></td><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 140px;">Floor Space</div><div class="PropDetailsSpecValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 130px;">: <span ismeasurement="True" title="222.9672 m2">2400 sqft</span></div></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 140px;">Built in</div><div class="PropDetailsSpecValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 130px;">: 1950</div></td><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 140px;">Storeys</div><div class="PropDetailsSpecValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 130px;">: 2</div></td></tr>
</tbody></table></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><span style="left: 20px; position: relative;"></span></td></tr>
<tr align="left" id="_ctl0_elBuildingDetails_htmlr4"><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><br />
<div class="PropDetailsBasementTitle" style="border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; font-family: Tahoma; font-size: 11px; font-weight: bold; margin-bottom: 5px; margin-left: 5px; width: 535px;"><span id="_ctl0_elBuildingDetails_lblBasementTitle">Basement</span></div><table border="0" cellspacing="0" id="_ctl0_elBuildingDetails_rptBasementInformation" style="border-collapse: collapse; width: 570px;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"></td><td class="PropDetailsBasementHeader" style="font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top;" width="99%"><span id="_ctl0_elBuildingDetails_rptBasementInformation__ctl0_lblType">Type</span></td><td class="PropDetailsBasementHeader" style="font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top;" width="99%"><span id="_ctl0_elBuildingDetails_rptBasementInformation__ctl0_lblDevelopment">Development</span></td><td class="PropDetailsBasementHeader" style="font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top;" width="99%"><span id="_ctl0_elBuildingDetails_rptBasementInformation__ctl0_lblBasementFeatures">Features</span></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"></td><td class="PropDetailsBasementSpecText" style="font-family: Tahoma; font-size: 11px; vertical-align: top;">Partial</td><td class="PropDetailsBasementSpecText" style="font-family: Tahoma; font-size: 11px; vertical-align: top;">Unknown</td><td class="PropDetailsBasementSpecText" style="font-family: Tahoma; font-size: 11px; vertical-align: top;">Unknown</td></tr>
</tbody></table></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div style="line-height: 15px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><br />
</div></td></tr>
</tbody></table></div><div id="_ctl0_elLanddetails_pnlContent" title="Category"><span class="PropDetailsCaption" id="_ctl0_elLanddetails_lblFeatures" style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-color: rgb(170, 170, 170); border-bottom-style: solid; border-bottom-width: 1px; border-left-color: rgb(170, 170, 170); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(170, 170, 170); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(170, 170, 170); border-top-style: solid; border-top-width: 1px; font-family: verdana; font-size: 10px; font-weight: bold; height: 15px; margin-bottom: 1px; margin-left: 5px; margin-right: 1px; margin-top: 1px; padding-bottom: 2px; padding-left: 2px; padding-right: 2px; padding-top: 2px;">Land</span><table class="PropDetailsTable" style="background-color: white; border-bottom-color: rgb(204, 204, 204); border-bottom-style: solid; border-bottom-width: 1px; border-collapse: collapse; border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; border-right-color: rgb(204, 204, 204); border-right-style: solid; border-right-width: 1px; border-top-color: rgb(204, 204, 204); border-top-style: solid; border-top-width: 1px; width: 580px;"><tbody>
<tr><td height="10" style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"></td></tr>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><table align="Center" border="0" cellspacing="0" id="_ctl0_elLanddetails_rptSpecifications" style="border-collapse: collapse; width: 552px;"><tbody>
<tr><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 140px;">Frontage</div><div class="PropDetailsSpecValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 130px;">: <span ismeasurement="True" title="15.24 m">50 ft</span></div></td><td style="font-family: Verdana, Helvetica, Arial, sans-serif; font-size: 11px;"><div class="PropDetailsSpecText" style="float: left; font-family: Tahoma; font-size: 11px; font-weight: bold; vertical-align: top; width: 140px;">Land Size</div><div class="PropDetailsSpecValue" style="float: left; font-family: Tahoma; font-size: 11px; vertical-align: top; width: 130px;">: 50.0 x 122.0</div></td></tr>
</tbody></table></td></tr>
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</div></td></tr>
</tbody></table></div></td></tr>
</tbody></table></td></tr>
</tbody></table></td></tr>
</tbody></table>bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-13467470096989752322011-03-08T15:12:00.000-08:002011-03-08T15:12:14.281-08:00talked to a realtor today......this professional told me that 95 out of 100 of their recent sales were from mainland china. the vancouver real estate market is being traded around like high flying stocks. this is not because people want to move here , as many who buy the homes are not even moving here. the homes are being bought on speculation from mainland china and flipped out within a year or sooner for large profits . there is a house on my block , a 1960's bungalow on a 50 ft. lot , that sold for 1.6 million seven weeks ago.... the orange fence is set up around the trees - ready for demo , it has now been listed again - for 2.2 million!!!!!! hello !!! wake up out there. this is rampant speculation and it will end poorly. those of us who actually live and work in the city will be left to pick up the pieces.....hot money moves on very quickly . so many people who are buying into this market are stretching their budgets - they are going to lose everything when this pops . be careful .bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0tag:blogger.com,1999:blog-5232394392637233962.post-2608968091068587122011-03-05T15:38:00.000-08:002011-03-05T16:17:14.604-08:00Vancouver Home<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgO3ZIM263bZz6vJaB2BByOUvutJ-n1hSQZgO7fJeAu1jNDKjGFwYEvIGBg8OB6GXIFtKK3F_WGQ1fyGq0Q6G08IJUsiIKucdZsR8v2Gn3jOxhI7VwDCkwPQs5f1ynGPKdTzwRwNb4Gd2Q/s1600/sold.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgO3ZIM263bZz6vJaB2BByOUvutJ-n1hSQZgO7fJeAu1jNDKjGFwYEvIGBg8OB6GXIFtKK3F_WGQ1fyGq0Q6G08IJUsiIKucdZsR8v2Gn3jOxhI7VwDCkwPQs5f1ynGPKdTzwRwNb4Gd2Q/s320/sold.jpg" width="320" /></a></div><div class="separator" style="clear: both; text-align: center;"><br />
</div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhn9MxG4QGKINTksV5pZcLE3HxkOAouQWnyNBlWxOuqosugIMlh4q5av2Xc7hey6zBCKB3nyboSDBheOxVXN1JnQySHWNUwqsNfDWlHyN2R_aK5s3y6N3jYGu3OKqkURZkSlcHCQiRfw-U/s1600/chart.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="247" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhn9MxG4QGKINTksV5pZcLE3HxkOAouQWnyNBlWxOuqosugIMlh4q5av2Xc7hey6zBCKB3nyboSDBheOxVXN1JnQySHWNUwqsNfDWlHyN2R_aK5s3y6N3jYGu3OKqkURZkSlcHCQiRfw-U/s320/chart.jpg" width="320" /></a></div><div class="separator" style="clear: both; text-align: center;"><br />
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</div><div class="separator" style="clear: both; text-align: center;">well , here we are in march 2011 and houses in vancouver , specifically west side trafalgar park area , are up a whopping 28% in just the past four months. it has gotten way past out of control and we are in the bubble of all bubbles. this is going to end terribly. for all of you out there that are feeling the pressure to 'get in' take a step back and relax. buying now will turn out to be a terrible error. houses in the trafalgar park area have been listed and sold 2 and 3 times in the past six years- that's right....the same property. 50 foot lots with nice 1950's houses on them are being bought today for $1 700 000 after being listed for only a few days. those homes are then torn down and replaced with horrible looking 4000 sq ft boxes that take up the entire property or as much as is legally possible. those 4000 sq ft homes , which will turn out to be the next ' leaky condo's ' , are then sold for $ 3 500 000!!!!!! it is 99% foreign buyers and the properties are being traded around like stocks. many of the homes sit empty all year long. that area is the bubbliest of the city and the prices set in that neighborhood have caused the rest of vancouver the shoot up in a crazy way. houses are not supposed to appreciate 300% in seven years - that my friends is not sustainable and this will not end well. for those who have all their money in their house..i'd run like the wind and for those felling like they have to get in - don't . it's not different here and it's not different 'this time' ... that's what the residents of seattle were saying just two years ago - they are down 30% now . until next time - BM</div>bubblemanhttp://www.blogger.com/profile/02696262903086736781noreply@blogger.com0