rainbow-davie

drop more drop more drop more

FiChai

Generally speaking, real estate market price would raise and drop from time to time, isn't it normal? The thing is how much it raises and drops within a certain time frame. Even it "may" drop 25% (or more) in the next 3 years, who can guarantee that it won't bounce up in the following 7 years? (as I mentioned, the suggested 10 year "safe term"). As long as the owners can afford the mortgage, they can wait until a higher point to sell (if the real estate is for investment purpose).

peter236

The real estate here will not drop, as long as the Americans are printing money like crazy.

kingkong123

The real estate here will not drop, as long as the Americans are printing money like crazy.
peter236 發表於 2011-2-5 17:48

    估唔到你都有D point 喔

sheep

又點解美國死
加拿大又唔死？

kingkong123

又點解美國死
加拿大又唔死？
sheep 發表於 2011-2-6 09:14

    温哥华系一个好特别的地方， 同其他加拿大城市唔同，楼市的主要购买者和楼市的拉升唔系收入型，而是资产型

楼市的拉升最主要原因是海外资产讲到白就系本地人根本买唔起楼

MSN04

温哥华系一个好特别的地方， 同其他加拿大城市唔同，楼市的主要购买者和楼市的拉升唔系收入型，而是 ...
kingkong123 發表於 2011-2-6 09:37

That's the same BS the real estate cheerleader have been pulling in Cali and Florida before the crash

If there are so many rich people and all the properties are taken by the rich, can someone explain why our debt level is up at the eyeball level now?

May be we are really different here...

liksook

http://www.theglobeandmail.com/g ... ext/article1892281/

he is not totally right but does have some other perspectives into this debt matter

kingkong123

That's the same BS the real estate cheerleader have been pulling in Cali and Florida before the cr ...
MSN04 發表於 2011-2-6 11:14

多有钱人竞投高房价，就会拉高房价咯，甘你都唔明白？

外来的人随便只要放低30%首期，就可以在银行随便贷款，就算加拿大 0 收入都可以贷款，房价有什么理由不高？
   
美国点同啊？ 移民美国容易还是移民加拿大容易啊？ 美国当时有没甘多中国投资移民啊？

MSN04

多有钱人竞投高房价，就会拉高房价咯，甘你都唔明白？

外来的人随便只要放低30%首期，就可以在银行随便 ...
kingkong123 發表於 2011-2-6 13:22

I really don't understand lor.  Are you a real estate agent?

I did not know that rich people are interested in bungalow.  I can understand that rich people would snap up the multi-million dollar luxury houses in west end.  But crappy bungalow?? really??

30% downpayment?  1st, i did not know that rich people with hot money would need a mortgage.  Even if they want a mortgage b/c the money is pretty much free (due to low interest rate), that is for sure not the majority of the mortgage in Canada.  The mortgage in Canada has an average of 7% downpayment.

But you nail one point correctly.  Even people with no money can get a mortgage.  Does it remind you sth similar that happened in US called subprime?

Well... i guess you are right.  We are different here.  Chinese only love Canada.  They don't like US, Europe, or wherever is having a housing crash. (pretty much everywhere except Canada and Australia)