tag:blogger.com,1999:blog-7123542260692860177.post6660084437967840332..comments2023-12-02T00:38:46.467-08:00Comments on House Hunt Victoria: May 21 Market UpdateHouseHuntVictoriahttp://www.blogger.com/profile/07456914359088891317noreply@blogger.comBlogger213125tag:blogger.com,1999:blog-7123542260692860177.post-40205800621810441262013-05-31T00:57:31.005-07:002013-05-31T00:57:31.005-07:00Thanks for writing such a great blog. Do you provi...Thanks for writing such a great blog. Do you provide such updates on the weekly basis? If yes please let me know the date for your next post. As I am interest in buying a property in Edmonton.<br /><br /><a href="http://www.edmontonpropertypros.ca/edmonton-real-estate/condos-for-sale-in-edmonton/" rel="nofollow">http://www.edmontonpropertypros.ca/edmonton-real-estate/condos-for-sale-in-edmonton/</a>Anonymoushttps://www.blogger.com/profile/06064692937523155780noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-77125518728847984732013-05-27T07:39:04.824-07:002013-05-27T07:39:04.824-07:00This comment has been removed by the author.Jack and Catehttps://www.blogger.com/profile/12600984392414748614noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-27255892860792098642013-05-22T20:31:15.654-07:002013-05-22T20:31:15.654-07:00well...
as is true for us all, life is time limit...well...<br /><br />as is true for us all, life is time limited.. you need to not have too much stress and enjoy what you have with the people you love.<br /><br />enjoy what you have is key: rented, owned, new build, heritage, sooke, victoria... who cares.<br /><br />sometimes i think this forum is too much head and not enough heart. Anonymoushttps://www.blogger.com/profile/08188115284116016130noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-73308974831494136922013-05-22T20:17:34.310-07:002013-05-22T20:17:34.310-07:00It isn't all that bad, Ernie.
At least you...It isn't all that bad, Ernie.<br /><br />At least you've come to hear an alternative view. You will likely never accept it, but at least you will have been better informed than most of your friends.<br /><br />Contrary to a few posters, this blog has brought out a lot of events that the media had yet to report.<br /><br />And there's a lot more to come. I suspect with all of the tightening up at CMHC they're bleeding red ink by the bucket loads. But we all should realize by now that the days of CMHC insurance are numbered as the government takes more steps to distance themselves from a Canadian style Fannie Mae melt down.<br /><br />And with the future of Canadian high ratio financing firmly in the hands of our American cousins. The next generation may chose to save up more money over a longer period of time before they buy a home than pay much higher premiums for financing. Maybe not buying their first home until they're well into their 30's or early 40's.<br /><br />You see Ernie, Canadians are different from Americans. We put too much trust in our politicians and we stay too long at the pig trough. Our market is overbuilt and overpriced.Johnny-Dollarhttps://www.blogger.com/profile/12950799399842707067noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-3048400756560556762013-05-22T19:36:49.662-07:002013-05-22T19:36:49.662-07:00"OSFI “has been over there doing some stress ..."OSFI “has been over there doing some stress testing, and we’re going to continue monitoring CMHC very closely,” he said."<br /><br /><a href="http://www.bloomberg.com/news/2013-05-23/flaherty-says-doesn-t-see-a-bubble-in-canadian-housing-market.html" rel="nofollow">Flaherty Says Doesn’t See a Bubble in Canadian Housing Market</a>koozdrahttps://www.blogger.com/profile/16879691936698695299noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-7145105287415546752013-05-22T18:52:46.204-07:002013-05-22T18:52:46.204-07:00Well Ernie, you've done pretty good for yourse...<i>Well Ernie, you've done pretty good for yourself. Your home has almost doubled in the last dozen years.</i><br /><br />Yah we're doing Ok I guess. Ok being the key word. <br /><br /><i>That's a lot of equity in one asset. If this is what makes you happy in life - you should be estatic.</i><br /><br />We have decent equity at the moment. It was definitely the right choice for us. For me personally, I'm happy owning over renting at this point in time. <br /><br /><i> it really sounds that you define yourself by what you possess.</i><br /><br />It does does it? I've never mentioned any details on my investment up until now. I was addressing the the context of another poster’s post toward me. Thanks for chiming in though.<br /><br /><i>I also sense a feeling of inadequacy in your posts.</i> <br /><br />You do do you? As opposed to the continuous applied sarcasm aimed at home owners and their investments? Look, if we're making an attempt at psycho-analysis I would suggest your point is a case of pure reflection.<br /><br /><i>A well-adjusted person would not need to flaunt their wealth over the "have nots" unless their is something lacking in their lives. Ernie, you have to ask yourself - am I a better person for doing this?</i><br /><br />I offered some insight into my purchase after another sarcastic comment by Koozdra. Am I wealthy? Hardly. <br /><br /><i>Or Ernie - are you the kind of person that would kick a kitty through a fan.</i><br /><br />Your long winded diatribe and sarcastic messages tell the tale of a bitter person. How's that sound?<br /><br />BTW, I love cats, dogs too :)The Counthttps://www.blogger.com/profile/15162126675679929023noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-70838385447300376252013-05-22T18:52:43.582-07:002013-05-22T18:52:43.582-07:00Look who just joined the craigslist club. I wonde...Look who just joined the craigslist club. I wonder how many houses that can't sell will try get rented out. I wonder what this will do to the vacancy rate.<br /><br /><a href="http://www.realtor.ca/propertyDetails.aspx?propertyId=13033109&PidKey=-748204959" rel="nofollow">13033109</a><br /><br /><a href="http://victoria.en.craigslist.ca/apa/3822832140.html" rel="nofollow">$1400 / 2br - Beautiful One Acre Parcel In Metchosin (Metchosin)</a>koozdrahttps://www.blogger.com/profile/16879691936698695299noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-21417142298679337772013-05-22T18:31:19.225-07:002013-05-22T18:31:19.225-07:00I stole the line from the TV series Frasier.I stole the line from the TV series Frasier.Johnny-Dollarhttps://www.blogger.com/profile/12950799399842707067noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-2608261122898686982013-05-22T18:11:12.810-07:002013-05-22T18:11:12.810-07:00Canada’s housing slump only just beginning: Capita...<a href="http://business.financialpost.com/2013/05/21/canadas-housing-slump-only-just-beginning-capital-economics/?__lsa=c4aa-58e0" rel="nofollow">Canada’s housing slump only just beginning: Capital Economics</a>koozdrahttps://www.blogger.com/profile/16879691936698695299noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-4550104024907305172013-05-22T17:58:29.256-07:002013-05-22T17:58:29.256-07:00Or Ernie - are you the kind of person that would k...<i>Or Ernie - are you the kind of person that would kick a kitty through a fan.</i><br /><br />Just Jack, these words say something about you, too.Introverthttps://www.blogger.com/profile/03333045260631104757noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-40048723242921818142013-05-22T17:56:19.358-07:002013-05-22T17:56:19.358-07:00Well, that is your interpretation. Mine is differe...<i>Well, that is your interpretation. Mine is different. Difference of opinion.</i><br /><br />This is back to the old argument we always have. <br />Factor your <i>personal</i> bias out of the equation for a moment.<br /><br />1. Fact: A house costs significant <i>resources</i> to maintain. Those resources are time and money. <br /><br />2. Different people enjoy different things, and hence the value of the time varies by individual. This <i>doesn't change</i> the total sum of resources that are required.<br /><br />Whether you personally enjoy the time <b>does not matter</b> in this argument because that is completely individual. The discussion is about how much home maintenance costs, not how much home maintenance costs for totoro. <br /><br />It's useful to note that you can save lots of money by doing a bunch of work yourself, but not accounting for the time means it doesn't reflect the resources that are actually required.<br /><br />By the way this is precisely the same argument we had about suites and that went exactly nowhere as well. Leo Shttps://www.blogger.com/profile/02951281972056927807noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-31097218259792899582013-05-22T17:54:39.407-07:002013-05-22T17:54:39.407-07:00from the video above:
"some estimates say th...from the video above:<br /><br />"some estimates say that a 1 percent rate hike could put one and half million Canadians in default situations"<br />...<br />"It's not realistic for people to think that interest rates are going to stay this low for an excessive amount of time"koozdrahttps://www.blogger.com/profile/16879691936698695299noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-59296566664887774672013-05-22T17:45:15.465-07:002013-05-22T17:45:15.465-07:00Savings rate slump<a href="http://www.cbc.ca/player/News/Business/ID/2386874071/" rel="nofollow">Savings rate slump</a>koozdrahttps://www.blogger.com/profile/16879691936698695299noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-19998826782845011282013-05-22T17:29:07.259-07:002013-05-22T17:29:07.259-07:00"Maybe the rain drops are just a little bit b..."Maybe the rain drops are just a little bit bigger in Colwood" Nope, it's just past the rain curtain as I like to call it. It's right around Thetis Lake when one is driving out of town ;-)dasmohttps://www.blogger.com/profile/14638226799679794103noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-56104673845390674852013-05-22T17:15:04.203-07:002013-05-22T17:15:04.203-07:00This comment has been removed by the author.Alex Thomohttps://www.blogger.com/profile/15191259466321586274noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-64294371748678156782013-05-22T17:12:35.591-07:002013-05-22T17:12:35.591-07:00Real estate site Zoocasa adds MLS listings, agent ...<a href="http://www.cbc.ca/news/business/story/2013/05/22/business-zoocasa-launch.html" rel="nofollow"><b>Real estate site Zoocasa adds MLS listings, agent recommendations</b></a><br /><i>Rogers-owned company becomes licensed brokerage, but won't have own agents</i>DavidLhttps://www.blogger.com/profile/00353906360642344879noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-16001364403269774362013-05-22T17:10:38.656-07:002013-05-22T17:10:38.656-07:00I don't think anyone wants to see anyone not d...I don't think anyone wants to see anyone not do well. The board is more about market timing and what might affect the decision of when to buy or to buy at all. <br /><br />I have an appreciation for what it is like to start from nothing and if that is where you are, so what. <br /><br />The main measure of success should be happiness, and a lot can be done about this whether you rent or own.<br /><br />If you have not much to get started with that doesn't mean you won't get where you want to go - crash or no crash.Anonymoushttps://www.blogger.com/profile/08188115284116016130noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-25938142590137203122013-05-22T17:09:12.588-07:002013-05-22T17:09:12.588-07:00I'm just glad that none of my posts stated Oak...I'm just glad that none of my posts stated Oak Bay had more rainfall than those cities. <br /><br />My post was to do with the province in relation to other provinces and states. Although I suspect there is something odd about those stats be it snow or hurricanes. But for the most part Greater Victoria gets about 140 to 150 days of rain each year. Maybe the rain drops are just a little bit bigger in Colwood.<br /><br />Johnny-Dollarhttps://www.blogger.com/profile/12950799399842707067noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-90653098301656278762013-05-22T16:54:06.531-07:002013-05-22T16:54:06.531-07:00Well Ernie, you've done pretty good for yourse...Well Ernie, you've done pretty good for yourself. Your home has almost doubled in the last dozen years. <br /><br />That's a lot of equity in one asset. If this is what makes you happy in life - you should be estatic. <br /><br />The mere thought that anyone would suggest that this is just a fleeting moment in your life must be very disconcerting to you. Because Ernie, it really sounds that you define yourself by what you possess.<br /><br />I also sense a feeling of inadequacy in your posts. A well adjusted person would not need to flaunt their wealth over the "have nots" unless their is something lacking in their lives. Ernie, you have to ask yourself - am I a better person for doing this?<br /><br />Or Ernie - are you the kind of person that would kick a kitty through a fan.Johnny-Dollarhttps://www.blogger.com/profile/12950799399842707067noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-75456256095283544982013-05-22T16:34:14.662-07:002013-05-22T16:34:14.662-07:00I agree with all the comments about Victoria havin...I agree with all the comments about Victoria having fairly low rainfall levels - even in the winter!<br /><br />As for cement, it can be formulated to last for a millennium or more (Roman aqueducts, anyone?) That said, most crumbling and breakdown of cement foundations in Victoria is because the cement was poorly formulated (when cast) or the foundation was poorly built. Properly cured cement on a bedrock foundation will last until the next "big one" shakes down all our houses.DavidLhttps://www.blogger.com/profile/00353906360642344879noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-66998906019337110692013-05-22T16:30:49.281-07:002013-05-22T16:30:49.281-07:00
When you go to the bank and you are facing a tell...<br />When you go to the bank and you are facing a teller, are you behind or in front of the teller?<br /><br />Is that a trick question?<br />During a typical transaction probably both. While the teller faces you, you are in front of him. If he has to turn his back to you at any point to get something done or to grab something then you are behind him.caveat emptorhttps://www.blogger.com/profile/15318994505715193523noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-11562538386212907362013-05-22T16:30:36.458-07:002013-05-22T16:30:36.458-07:00Remember the movie "Do the right thing",...Remember the movie "Do the right thing", by Spike Lee, released in the 90s? <br /><br />In the words of Mister Senor Love Daddy: <br /><br />"Whoa. Y'all take a chill. You got to cool that sh** off. And that's the double-truth, Ruth."<br />a simple manhttps://www.blogger.com/profile/13054677016369304449noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-33942728760359995202013-05-22T16:18:12.447-07:002013-05-22T16:18:12.447-07:00thanks for the explanation, with emphasis, and exa...thanks for the explanation, with emphasis, and example. i'm sure resolved the confusion.Anonymoushttps://www.blogger.com/profile/08188115284116016130noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-29923933183161795652013-05-22T16:16:31.793-07:002013-05-22T16:16:31.793-07:00"must be hard to type that way "
Sittin..."must be hard to type that way "<br /><br />Sitting behind a computer implies that it faces away from you. It is much easier to type when you are <i>in front</i> of your computer.<br /><br />When you go to the bank and you are facing a teller, are you behind or in front of the teller?koozdrahttps://www.blogger.com/profile/16879691936698695299noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-33634539701875852482013-05-22T16:05:10.044-07:002013-05-22T16:05:10.044-07:00must be hard to type that waymust be hard to type that wayAnonymoushttps://www.blogger.com/profile/08188115284116016130noreply@blogger.com