“We sold our house in Kerrisdale in March and picked up the cheque today [$3.43M]. Time to move to West Van – way better value and the next bubble is starting to inflate over there.”

John Veltheer at yattermatters.com 3 May 2011 8:28pm and 4 May 2011 8:30am “For those who care, we sold our house in Kerrisdale in March and picked up the cheque today. Time to move to West Van – way better value and the next bubble is starting to inflate over there.”
“The buyers were from Mainland China. Not a word of English. Couple about 50 years old. One son. No intention to move here any time soon but do appear to have lots of friends in Vancouver. They negotiated very little and easily paid $70K under our $3.5M list price.”

2 responses to ““We sold our house in Kerrisdale in March and picked up the cheque today [$3.43M]. Time to move to West Van – way better value and the next bubble is starting to inflate over there.”

  1. Even Bloomberg picks up our real estate happenings! I thought I might move to West Van, but now, maybe Manhattan?

    http://www.bloomberg.com/news/2011-05-16/chinese-spreading-wealth-make-vancouver-homes-pricier-than-nyc.html

    • Thanks for the link. A landmark article, given Bloomberg’s distribution.
      We will post a series of anecdotes extracted from the article.

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