tag:blogger.com,1999:blog-4251672323919283767.post1944791102910050356..comments2024-03-07T03:32:39.860-08:00Comments on Vancouver RE and then some: How do you make your mortgage payments?Fish10http://www.blogger.com/profile/09770438465068216630noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4251672323919283767.post-71975868471397342522012-05-08T14:24:45.713-07:002012-05-08T14:24:45.713-07:00Even at half-a-million-$ drop in price in just 5 d...Even at half-a-million-$ drop in price in just 5 days, it is way overpriced at 67% above its current assessment.milonoreply@blogger.comtag:blogger.com,1999:blog-4251672323919283767.post-48557804362950451022012-05-08T06:15:37.881-07:002012-05-08T06:15:37.881-07:00FIngers crossed. Too many variables to be sure, bu...FIngers crossed. Too many variables to be sure, but a slow steady decline would be our best hope. <br /><br />As to the example I posted, notice how it is actually a convenience store, which happens to have some residential accomodation.<br /><br />However if you sold it as such - you would have to sell it based on some metrics eg what rent could you get for the store and residential part and then take it from there.<br /><br />By pricing it like a house, you can pick any number you want ( and then have to drop it 20%!)fish10noreply@blogger.comtag:blogger.com,1999:blog-4251672323919283767.post-28116257829434250862012-05-07T21:29:02.382-07:002012-05-07T21:29:02.382-07:00It finally looks like the market is done. That sai...It finally looks like the market is done. That said, depending on interest rates, I can't see myself as being interested in buying unless there is at least a 40% drop in prices.Anonymousnoreply@blogger.com