Sane Oddballs; More Peripheral Collapse – “It is amazing how common sense thinking is now considered to be contrarian.”

“More and more listings are appearing in Qualicum Beach and surrounding areas – small economy and people are passing on – and their children are selling the houses as they can’t find jobs there – Albertans who bought investment properties are moving back to Alberta as they can’t take the wet weather (not good for their health). I mean really? – who buys a 3-5 bedroom house when they retire? – most are starting to downsize to retirement homes or the few remaining condos. I saw this coming 15 years ago when a 3 – 4 bedroom rancher by the golf course was going for 169K – 249K. A massive building boom took off in Qualicum Beach and this ended one – two years ago. Too many houses not enough retirees with the cash needed to buy – insufficient health facilities, retirees are getting older and selling to move into assisted living quarters in nearby Nanaimo. It is amazing how common sense thinking is now considered to be contrarian thinking, lol. Victoria is seeing more and more houses for rent and just about every house has a basement suite for rent for about $1200/mth. Apartment vacancies are increasing, less students returning to University – if I was them I would stay at home and take courses by correspondence until they can afford to move out. Vancouver mentality – well, you’d have to live there to understand how trendy they believe they are or think they are, bad traffic, bad weather, and you might get caught in the gang cross-fire. Raincouver – it really amazes me that educated people can be so so oblivious to reality, but that’s what herd mentality gets you. … Stupid transcends all generations – sorry but that is a true reality.”
Don at greaterfool.ca 16 Aug 2011 10:37pm

Don is overly down on Vancouver. But we agree with his observation that market developments in recent years have meant that anyone showing common sense is ‘contrarian’. When the herd goes crazy, only the oddballs can be sane. – vreaa

One response to “Sane Oddballs; More Peripheral Collapse – “It is amazing how common sense thinking is now considered to be contrarian.”

  1. People will believe whatever it takes to be able to sleep at night. The biggest lies we tell are the lies we tell to ourselves.

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