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| View Poll Results: Is the Vancouver real estate market a speculative bubble? | |||
| Yes it is a bubble |
   
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8 | 34.78% |
| No, prices will stay high |
  
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7 | 30.43% |
| Prices will go higher, buy in while you can |
  
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8 | 34.78% |
| Voters: 23. You may not vote on this poll | |||
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#2
04-17-2006, 04:36 AM
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the prices has gone consistently higher and higher every year. my house has gone up 40% in the last few years. i would consider purchasing real estate in vancouver a good investment, with the olympics coming soon they are investing a lot of money on new business and amenities in the city.
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Given sufficient thrust pigs will fly just fine. 90 Gallon LPS tank - Challice, Acans, Favia, Diplo and Zoos 125 Gallon SPS Coming Soon! 
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#3
04-17-2006, 05:29 AM
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Some articles on Real Estate bubble:
Spike in housing prices raises risk of bubble http://www.canada.com/vancouversun/n...806871&k=42447 Housing bubble warning for hot Vancouver market http://www.cbc.ca/bc/story/bc_housin...e20060404.html Booms, Busts, and Where Opportunities Occur http://finance.yahoo.com/columnist/a...ichricher/3413 Japanese Housing bubble pops and prices slide for 17 straight years losing about 80% http://www.investmentu.com/IUEL/2005/20050328.html Other Bubbles to remember: http://www.businessweek.com/2000/00_17/b3678084.htm On Jan 3, 2000, CMGI closed at $163.22. Today, CMGI is $1.48. Last edited by Samw; 04-17-2006 at 05:34 AM.
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#4
04-17-2006, 07:37 AM
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It's largely due to the hype created by the media looking for or creating a story which is fueled by gready people in the ''unrealestate ''business and ''investors''. It's kind of funny how the media doesn't do a story on what a rippoff it is. I know a builder that makes 200 thou. from a single house .I was even shown the paper work to prove it. I think I'll wait for the 50% off sale when interest rates go up a few % only problem is if it happens , I'll be out off a job.
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Steve
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#5
04-17-2006, 08:05 AM
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Not just Alberta is boasting at least a ten year economic boom...
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http://www.canreef.com/ftotm/sept05/index.php
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#6
04-17-2006, 09:44 AM
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It's the buyers' fault here. Developers from Toronto and elsewhere are bringing their projects here to sell because they can't sell in their own market. West Coasters seem to be buying anything. People are lining up to spend $200K-$600K in the new Woodwards building and it's in the middle of the poorest postal code in Canada. It can't continue. The lunatics have to run out of money eventually.
 
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Best Regards, Scott. 
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#7
04-17-2006, 03:59 PM
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Actually, I think there is no shortage of such people.
- Xtasia.
__________________
Given sufficient thrust pigs will fly just fine. 90 Gallon LPS tank - Challice, Acans, Favia, Diplo and Zoos 125 Gallon SPS Coming Soon!
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