tag:blogger.com,1999:blog-4251672323919283767.post6222226076339081217..comments2024-03-07T03:32:39.860-08:00Comments on Vancouver RE and then some: Slippery CarneyFish10http://www.blogger.com/profile/09770438465068216630noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4251672323919283767.post-50368535341605593782011-07-20T12:29:41.583-07:002011-07-20T12:29:41.583-07:00You're darn tootin' about Carney and monet...You're darn tootin' about Carney and monetary policy. If you save you are getting a negative real return and this policy is specifically designed to coerce you into moving capital to more productive means.<br /><br />Is it fair? No. Does Carney as BoC governor care about the plight of an individual saver? No.jessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.comtag:blogger.com,1999:blog-4251672323919283767.post-49444358449533868952011-07-20T10:46:47.304-07:002011-07-20T10:46:47.304-07:00I'm still hoping that leaving lots of my cash ...I'm still hoping that leaving lots of my cash in short term GICs will pay off if/when housing comes down. Then the 1-2% I was losing every year will seem like peanuts when I save a boatload of money on a place. <br /><br />Either that, or I will just park my cash in this:<br /><br />http://vancouver.en.craigslist.ca/rds/ctd/2485912943.html<br /><br />Its already 70% cheaper than it was in 2004; I think its value is due for a comeback. Maybe not the smartest investment, but its a hell of a lot more fun than leaving the cash in the bank.daversnoreply@blogger.comtag:blogger.com,1999:blog-4251672323919283767.post-20856841252450178312011-07-19T22:52:06.190-07:002011-07-19T22:52:06.190-07:00Folks
Victoria is en route to a 10 MOI with a goo...Folks<br /><br />Victoria is en route to a 10 MOI with a good chunk of their sales going for less than assessed value.<br /><br />OK and Sunshine Coast is looking at 17-21 MOI.<br /><br />these are the MOI at which the US cities started falling apart. The only thing holding them up is 1% rates, Vancouver's fevered sales and hope.<br /><br />If you buy in these areas, for goodness sake- bargain!fish10noreply@blogger.com