Report on a telling sale from thinktom at RETalks 2009 Feb Mon 16, 2:20 pm -
“Unit 2701 at 1455 Howe. Purchased Feb 1, 08 for $1m even. Just sold for…. $725k. That’s GOTTA’ hurt.”
e-mail vreaa your anecdotes ->
vreaa@hotmail.com-
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Latest 15 Anecdotes:
- “A guy just bought a house with a mortgage and was checking with his friends if the bank would lend him another $6K for CHMC insurance”
- “The sellers are in no rush and will wait until they get enough of a bid before they sell. Market seems strong but traffic is light, from what I’ve seen.”
- “I’m wondering who’s left… all of my bearish friends with the means to buy have bought.”
- “Yes, the interest rates will rise, but my salary will also increase. If I’m laid off, or my mortgage skyrockets, I’ll work my ass off to keep it all together.”
- Personal Growth Through Real Estate Purchase – “His friends look at him differently now that he’s a homeowner”…”You have plants. You look after them. It’s like you’re an adult.”
- Visual Anecdote – ‘Real Estate Lift-Off’ Cover of the Georgia Straight
- “What I have seen going on in the renovation and home construction industry, in electrical work, carpentry, and plumbing, is disgusting beyond words”
- “In the past few months we’ve seen just about all of our non-owning friends jump into the market and buy. This is driving my wife crazy.. we’re in marriage counselling”
- The Art of the Vancouver RE Haggle
- “Even though I don’t believe it logically, it seems like the ‘best place on earth’-hype has actually gotten to me subconsciously.”
- “The real story is how many jobs in hi-tech did this real estate boom kill? How many startups never bothered?”
- “Bankruptcy for two swinging 20 year olds and two aged Mainland Chinese folks (the parents who funded them)”
- “We dare not dream to buy a home in Vancouver. We feel shame to be poor and working poor.”
- “On Halloween we got less than 25% of the historical number of children at our door Trick or Treating.”
- Bizarre Reason For Becoming A Realtor #47- To Avoid Insulting Your Mother-In-Law
Type of Anecdote
- 01. He Said, She Said (3)
- 02. Profiting from the Boom (5)
- 03. Changed my Life (1)
- 04. Changed my Career (2)
- 05. Where do Buyers get the money? (4)
- 06. Held my Nose and Leapt (4)
- 07. Avoiding Vancouver (3)
- 08. Overextended Buyers (3)
- 09. Delaying Buying (5)
- 10. Demoralized Renters? (4)
- 11. Regrets about Investing in RE (1)
- 12. Effects of Development (3)
- 13. 2010 Olympics Related (5)
- 14. Social Effects of the Boom (15)
- 15. Misallocation of Resources (3)
- Uncategorized (135)
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1 response so far ↓
Esol Esek // 5 March 2009 at 4:35 am |
Lucky to get out. This is not a sad story….