Realtor Overheard On Tour-Bus – “Some people say that a 15% or 20% correction could happen because of the lack of affordability but Vancouver is a beautiful place and there is a line up of people looking to move here.”

real_professional at vancouvercondo.info December 8th, 2010 at 2:45 pm“Recently I was on a tour bus in another part of the world and overheard a conversation of a nearby real estate agent (also from Vancouver). He was engaging in guerrilla marketing by striking up a seemingly innocent conversation with a fellow passenger who was yet another Vancouver resident. Well, the realtor went on to talk about his “profession” and how there are a number of realtors in Vancouver, however, many of them have no more than a high-school education. Of course, he was different because he studied Marketing and Economics at UBC. And he stated that the “lower educated” realtors are weeded out because they aren’t trusted to handle the single largest financial transaction that most individuals make.
During the course of the realtor’s pontificating he went on to state, “some people say that a 15% or 20% correction could happen because of the lack of affordability but Vancouver is a beautiful place and there is a line up of people looking to move here.”
This is a classic example of someone being aware of the facts by being exposed to the debate, however, they are choosing to ignore it with frivolous justification. There is no line up, Vancouver has been growing at a steady rate, actually slightly slower, over the last decade than it has in the past.”

One response to “Realtor Overheard On Tour-Bus – “Some people say that a 15% or 20% correction could happen because of the lack of affordability but Vancouver is a beautiful place and there is a line up of people looking to move here.”

  1. Vancouver’s steady growth rate isn’t incompatible with the existence of a line-up of people waiting to get into Vancouver. Isn’t there a lot of Chinese investor-class immigrants who have to line up due to the quota?

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