tag:blogger.com,1999:blog-6234866741387164003.comments2023-10-19T04:44:25.725-07:00World Housing Bubble - China, Australia, Vancouver Real Estate NewsGGhttp://www.blogger.com/profile/14963284253203737587noreply@blogger.comBlogger300125tag:blogger.com,1999:blog-6234866741387164003.post-88373445367511376002016-09-22T20:23:45.388-07:002016-09-22T20:23:45.388-07:00It will likely also have a broader impact of depre...It will likely also have a broader impact of depressing housing prices across the whole economy. It is a kneejerk response to fraud concerns.<br /><br /><br /><br /><br />~Dana@<a href="http://hausimmobilier.ca/" rel="nofollow">HAUS</a>Dana Sebastianhttps://www.blogger.com/profile/10078594967364688655noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-49206335823785244212016-07-26T23:22:34.251-07:002016-07-26T23:22:34.251-07:00This comment has been removed by a blog administrator.Herry Johnsonhttps://www.blogger.com/profile/06336899634205525690noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-83943703032009860052016-01-27T05:36:38.877-08:002016-01-27T05:36:38.877-08:00This comment has been removed by a blog administrator.Anonymoushttps://www.blogger.com/profile/06577460952466364277noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-31651881523618598452014-11-30T21:11:56.362-08:002014-11-30T21:11:56.362-08:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-62153050374345444812014-03-18T01:17:03.969-07:002014-03-18T01:17:03.969-07:00Just use Bitcoin, silly.Just use Bitcoin, silly.Anonymoushttps://www.blogger.com/profile/15443606334754771950noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-9936824873308648332014-02-09T22:07:08.165-08:002014-02-09T22:07:08.165-08:00Final landing is going to be soft for sure for Can...Final landing is going to be soft for sure for Canada. <br /><br /><br /><a href="http://www.rentinto.ca/services" rel="nofollow">Real estate in Canada</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-65479064482655063152013-04-28T16:29:55.959-07:002013-04-28T16:29:55.959-07:00American banks have once again begun producing mor...American banks have once again begun producing mortgage-based bonds in substantial numbers. Meanwhile, institutional investors have been buying up low-cost houses in order to rent them while speculating on the value. As a result, the housing market may be going into another bubble. Are we headed for another financial crisis? Moreover, is history destined to repeat itself, given human nature? If interested, see the following article: http://thewordenreport.blogspot.com/2013/04/return-of-mortgage-based-bonds-another.html at the Worden Report. Dr. Wordenhttps://www.blogger.com/profile/02867414605883311000noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-58405836455956265212013-04-18T19:36:26.120-07:002013-04-18T19:36:26.120-07:00Any data would have to be sourced from the author ...Any data would have to be sourced from the author of the original article, linked in the post. GGhttps://www.blogger.com/profile/14963284253203737587noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-5966499648927683622013-04-06T09:17:17.532-07:002013-04-06T09:17:17.532-07:00can you contact me regarding data please... Mark H...can you contact me regarding data please... Mark HansonAnonymoushttps://www.blogger.com/profile/04327195912359646836noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-13453900586945815332013-03-02T21:19:06.029-08:002013-03-02T21:19:06.029-08:00Canada needs to puta cap on foreigners buying prop...Canada needs to puta cap on foreigners buying property. Should be based on an escalating scale. I.e Canadian citizens should be allowed to buy a home worth '400,000> while non-Canadian citizens should be able top buy something worth lede than 400,000KYhttps://www.blogger.com/profile/16806023029716143877noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-83937136803946600382013-02-17T07:36:08.783-08:002013-02-17T07:36:08.783-08:00Christopher,
Real estate is not an investment over...Christopher,<br />Real estate is not an investment over the long term, it was proven numerous times, including Shiller who proved that over hundred year period real estate performed flat as an investment vehicle. Yes in a short term you can definitely make money, but at cost of developing boom and bust cycles. Some will profit, but that profit comes at a later loss. Check out the last graph on my post about <a href="http://www.torontocondobubble.com/2013/02/imf-says-canada-real-estate-is.html" rel="nofollow">imf report.</a>tcbhttps://www.blogger.com/profile/06821431215790059008noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-26279440070337692862013-01-30T12:19:46.133-08:002013-01-30T12:19:46.133-08:00Without Brazil?
I live in Brazil and I say that h...Without Brazil?<br /><br />I live in Brazil and I say that here there is a huge real estate bubble.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-70233022609758495712013-01-27T20:44:49.485-08:002013-01-27T20:44:49.485-08:00Thanks for providing us information that we really...Thanks for providing us information that we really need before we decide on getting a condominium unit. Good thing to know that there are people who care for other by sharing their insights in buying a condo. <br /><br /><a href="http://www.toronto-condo.net/" rel="nofollow">Toronto Condominiums</a>.plumberAUhttps://www.blogger.com/profile/10672035280365691267noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-30362931256656409492013-01-09T14:07:25.136-08:002013-01-09T14:07:25.136-08:00According to my data Vancouver prices have definit...According to my data Vancouver prices have definite seasonality since months of inventory is highly negatively correlated with price changes. Prices move slowly but I can all but guarantee that prices in the spring will be stronger than prices in the fall and winter.jessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-54867596179901841662013-01-08T15:53:53.489-08:002013-01-08T15:53:53.489-08:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/08768052274686944468noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-21896537379818976132013-01-02T09:09:23.149-08:002013-01-02T09:09:23.149-08:00Regardless auto appraisals it's interesting to...Regardless auto appraisals it's interesting to think, how do flesh and blood appraisers value residential properties? It does not appear to be based on rental equivalence or cap rates, rather by comps and building condition.<br /><br />Commercial property appraisals, I believe, are not done the same way.jessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-81972709312921798102012-12-07T00:09:11.976-08:002012-12-07T00:09:11.976-08:00Home loans are secured against the home of the bor...Home loans are secured against the home of the borrower. It offers you the benefit of lower rates, elongated term of repayment. <br /><br /><a href="http://homeloanmelbourne.com/" rel="nofollow">home loan melbourne</a>nutrendmediahttps://www.blogger.com/profile/05239128459447830569noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-27230562782728739722012-11-16T22:06:32.331-08:002012-11-16T22:06:32.331-08:00I don't think so this is the right idea .
we n...I don't think so this is the right idea .<br />we need to wait for the best time to come and then start investing in real estate Vancouver Anonymoushttps://www.blogger.com/profile/00598109370904737491noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-90444498562847934972012-11-02T15:38:21.624-07:002012-11-02T15:38:21.624-07:00That may be prudent in case of political breakdown...That may be prudent in case of political breakdown but unlikely to be a saviour in case of economic changes. If Chinese prospects dry up, it's not like Canada offers an equivalent value proposition in terms of salary termsjessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-43781473980652411622012-10-22T12:38:36.240-07:002012-10-22T12:38:36.240-07:00If the mortgage loan is insured as "high rati...If the mortgage loan is insured as "high ratio" the bank will almost definitely be able to continue because they are 100% hedged. If they secured Genworth financing it's 90% counterparty hedged so (though I don't know for sure) I'm guessing they might be trying to lighten their exposure.<br /><br />If the loan is low ratio there is nothing to state they need to continue business with you. They may have taken out "bulk" MI on your loan and if that avenue isn't available they might be trying to lighten their exposure.<br /><br />Few lenders offer 35 year amortizations any more, I think you can find a few. But OTOH the rate you are going to be getting is probably close to 2% less than what you got previous. You can probably decrease your amortization to 30 years and maintain current payments, that will give you more options to shop around. And yes GG's right I would ask someone who can try get you a good rate elsewhere if you don't have the time/ability to do it yourself. My 2 centsjessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-88847435368524435202012-10-21T14:26:35.964-07:002012-10-21T14:26:35.964-07:00Planet28, I strongly suggest you post your questio...Planet28, I strongly suggest you post your question over at the McLister blog:<br />http://www.canadianmortgagetrends.com<br />(use the contact us form)<br /><br />This is their area. <br /><br />This is a good question that is going to come up for a lot of people. The general understanding is that if you want the next mortgage to be 35 years you have to accept your current bank's terms. If you want to change banks you aren't going to get any shorter than 30 years. BUT, this is really an untested guess as to how things are going to be handled.GGhttps://www.blogger.com/profile/14963284253203737587noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-45168242618656250842012-10-21T11:13:08.188-07:002012-10-21T11:13:08.188-07:00My husband and I have a 40 yr amortization on a va...My husband and I have a 40 yr amortization on a variable rate mortgage. (PRIME +1.3%) The 5 yr. renewal is coming up Dec. 1st. The bank is calling asking if we've decided what we're doing. Shouldn't the payments and rates just continue<br />unless we call them???? We are not selling, have no credit issues, pay more on our mortgage than required.<br /> THe banks nose is out of joint because they aren't making much on it? Are they going to try to sabotage us in some way... the mortage guy at the bank said... "well we don't even sell that anymore" Are we under any obligation to renogiate anything?<br /><br />Planet28https://www.blogger.com/profile/09800905886536960754noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-50244965116472501402012-10-15T19:04:49.324-07:002012-10-15T19:04:49.324-07:00Interesting how it's classified as worse than ...Interesting how it's classified as worse than 2008. See graph <a href="http://3.bp.blogspot.com/-Yk-yLcOz4Ew/UHbB2KxeOUI/AAAAAAAASuc/ZraJH6SCrk8/s1600/TradeDeficitAug2012.jpg" rel="nofollow">here</a> that shows US trade balance. Most of the imbalance is from China-US trade.<br /><br />Trade accounts are way off their lows right now. I'm by no means a China follower or expert but given what the numbers are showing there's something else going on, and it looks to me the most likely culprit is rising costs, overcapacity, higher borrowing costs to SMEs, and unfavourable terms with major trading partners. But what do I know!jessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-83152955910164599442012-10-11T09:57:55.866-07:002012-10-11T09:57:55.866-07:00Likely more common is high interest collateralized...Likely more common is high interest collateralized loans (i.e. pawning).jessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.comtag:blogger.com,1999:blog-6234866741387164003.post-78289954812667646222012-10-01T22:35:24.584-07:002012-10-01T22:35:24.584-07:00CMHC's reported vacancy rate is for purpose bu...CMHC's reported vacancy rate is for purpose built rentals mostly, they do not include private units and houses unless more than 3 units. This market segment is different from the private label stuff, the property managers in purpose built have their own business model that involves attempting full occupancy, providing timely service (well one hopes anyways), and keeping the units in a stable and functional condition. Not always true but there perhaps is a reason why they can maintain low vacancy rates and increase rents at a fair clip each month.<br /><br />I've been tracking rents in Vancouver for a while, there is a definite discrepancy between CMHC reported rents and the CPI reported owned accommodation used to determine the inflation rate. I don't know why the marked difference but I can think of a few reasons, not least landlords being loath to markedly increase tenant rents because they aren't up for being full-time property managers.<br /><br />The anecdote you share about owners being loath to rent out their suites indicates to me too many grade 3s are chasing the soccer ball around the pitch and everyone is getting their shins bruised. This reeks amateur to me, no better a sign than this that the market's overbought.jessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.com