Vancouver Real Estate Anecdote Archive

“His North Shore townhouse is listed at $549K and is not selling. He bought 6 years ago, and will be selling for a loss. He commented that he is the only person losing money in the Vancouver real estate market.”

“I was shocked to hear a friend of a friend state on Facebook that his North Shore townhouse in North Vancouver was not selling. It is listed at $549,000 and has 360 degree mountain and water views. He bought almost 6 years ago and will be selling for a loss if it sells. I doubt Global will run with that story. He commented that he is the only person losing money in the Vancouver real estate market. Shocking that even a guy losing money in Vancouver thinks everyone else is still making it.”
Justsayin at greaterfool.ca 4 Apr 2012 9:29pm