So when’s the housing bubble bursting?
- Thread starter Dr. Truth
- Start date
Real good interview esp the point about hybrid cities. He verified my thinking. His point on new construction was valid as well. Just got about 10% off and some other added benefits on a new home me and wifey just purchased.
I think it just burst...
I think it just burst...
what city are you in?
Nearby neighborhoods that sold houses for 400k and now selling houses 350k. The shift is beginning in our area.
So glad I sold and bought my current house (cash - no mortgage) last year.
Houses were getting snatched up with the quickness here outside of Houston.
Now I see houses sitting for months unsold.
Houses were getting snatched up with the quickness here outside of Houston.
Now I see houses sitting for months unsold.
The Future Is Here…..
The Line
The Future of Urban Living
THE LINE is a civilizational revolution that puts humans first, providing an unprecedented urban living experience while preserving the surrounding nature. It redefines the concept of urban development and what cities of the future should look like.
No roads, cars or emissions, it will run on 100% renewable energy and 95% of land will be preserved for nature. People's health and wellbeing will be prioritized over transportation and infrastructure, unlike traditional cities. Only 200 meters wide, but 170 kilometers long and 500 meters above sea level.
THE LINE will eventually accommodate 9 million people and will be built on a footprint of just 34 square kilometers. This will mean a reduced infrastructure footprint, creating never-before-seen efficiencies in city functions. The ideal climate all-year-round will ensure that residents can enjoy the surrounding nature. Residents will also have access to all facilities within a five-minute walk, in addition to high-speed rail – with an end-to-end transit of 20 minutes.
"THE LINE will tackle the challenges facing humanity in urban life today and will shine a light on alternative ways to live. We cannot ignore the livability and environmental crises facing our world’s cities, and NEOM is at the forefront of delivering new and imaginative solutions to address these issues. NEOM is leading a team of the brightest minds in architecture, engineering and construction to make the idea of building upwards a reality."
His Royal Highness
Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors
Flying taxis, robotic avatars and holograms — Saudi Arabia pushes ahead with its sci-fi city vision
Emma Procter
PUBLISHED TUE, OCT 25 2022 3:08 AM EDT
www.cnbc.com
The project has received its fair share of skepticism around feasibility.
Located on a coastal strip in Tabuk in the northwest of the country, there are three areas of Neom that have been officially announced — primarily The Line.
The other planned Neom areas are Oxagon, a "gateway to advanced and clean industries," which will become the largest floating industrial complex in the world.
And Trojena, a year-round destination with mountain quality dry air, a ski slope, mountain biking, water sports, wellness facilities, and an interactive nature reserve.
If you've been seeing mysterious Bladerunner-type ads popping up on your phone recently for Neom in Saudi Arabia and wondered what on earth you're looking at it's not surprising — this futuristic desert development is eye-popping in its ambition.
With a mammoth budget of $500 billion, Neom is a key element of Saudi's Vision 2030 plan originally launched back in 2016 as part of the kingdom's mission to diversify away from its oil-dependent economy. Excavation work started this month along the entire length of the project.
The development has received its fair share of skepticism around feasibility, with a raft of articles in publications ranging from The Guardian to the Financial Times including commentary from architects who conclude the project is a pipe dream. Other critics note its carbon emissions among broader concerns.
Located on a coastal strip in Tabuk in the northwest of the country, there are three areas of Neom that have been officially announced — primarily The Line, a linear city with Utopian vistas straight out of a Hollywood movie.
Composed of two parallel skyscrapers that cut right through the desert for 170 kilometers from the coast to the mountains, The Line will be 200 meters wide and soar to a height of 500 meters (higher than most of the world's towers) — and for an added surreal touch, will be encased on all sides with gigantic mirrors.
The project is based on a new concept of "zero gravity urbanism," which is the idea of layering city functions vertically, while enabling inhabitants to move seamlessly in three directions (up, down, and across). When completed it could accommodate up to 9 million residents.
Cynicism toward the project is something Neom leaders acknowledge but strongly rebuff.
"I want to be clear about this — Neom is a complex, bold, and highly ambitious undertaking and is most certainly not an easy one to deliver," Antoni Vives, chief urban planning officer at Neom, told CNBC.
"But we are making strong progress, and it's exciting to see the vision come to life."
While construction of this "Oz of the Middle East" is only at the beginning stages, there's already a push to lure top international talent across industries such as tourism, technology, and entertainment to come and live and work. And there seems to be plenty of cash on the table to attract talent, with some reports suggesting Neom is paying top executives as much as $1.1 million a year.
For those who do make the leap, they'll be signing up for a world of no roads, no cars — only flying taxis — plus a high-speed rail with an end-to-end transit time of just 20 minutes. Then there are the robotic avatars and holograms set to become part of everyday life.
The other planned Neom areas are Oxagon, a "gateway to advanced and clean industries," which will become the largest floating industrial complex in the world — and Trojena, a year-round destination with mountain quality dry air, a ski slope, mountain biking, water sports, wellness facilities, and an interactive nature reserve.
According to the planners, each area will be powered solely by renewable energy, sustainably connected, and surrounded by nature that will be re-greened and rewilded.
Aside from buzz around mind-bending Neom, there's a larger picture emerging in the world's fastest growing economy. According to global real estate consultancy Knight Frank, the total value of real estate and infrastructure projects since the launch of Saudi Arabia's National Transformation Plan in 2016 has now crossed $1.1 trillion.
"We are currently tracking 15 giga projects in various phases of construction around the Kingdom, many of which are new standalone super-cities in their own right," commented Knight Frank's Harmen de Jong, partner and head of real estate strategy and consulting for Saudi Arabia.
For business owners who have long worked in the Middle East, Neom represents a new era. "I believe this project is unprecedented and will drive innovation and technology as we have never seen before," Catherine Granger, the CEO of regional artificial intelligence specialist Trajan Consulting, told CNBC.
AI is set to be "the beating heart" of Neom, as outlined at the Global AI Summit recently in Riyadh.
Granger's firm has been working closely with Neom and she believes the view of Saudi Arabia among the business community has changed inexorably. "Global multinationals now view the country as one of the most prolific business epicenters in the world," she said.
Indeed, Neom is placed to potentially become a global gateway for international trade, not least because of its strategic location on the Red Sea through which almost 13% of the world's trade passes — plus 40% of the global population is within a six-hour flight.
On top of enticing the hardcore business investment, Neom has grand plans for the world of art and culture, recently opening Neom Media Village and Bajdah Desert Studios which together comprise the country's largest sound stages and film production support facilities. The aim is to transform and grow the kingdom's media industry — another key focus of the Vision 2030 plan.
NEOM political map of the 500 billion dollar megacity project in Saudi Arabia along the Red Sea coast. Location of the smart and tourist city with autonomous judicial system. English labeling. Vector.
The Line
The Future of Urban Living
THE LINE is a civilizational revolution that puts humans first, providing an unprecedented urban living experience while preserving the surrounding nature. It redefines the concept of urban development and what cities of the future should look like.
No roads, cars or emissions, it will run on 100% renewable energy and 95% of land will be preserved for nature. People's health and wellbeing will be prioritized over transportation and infrastructure, unlike traditional cities. Only 200 meters wide, but 170 kilometers long and 500 meters above sea level.
THE LINE will eventually accommodate 9 million people and will be built on a footprint of just 34 square kilometers. This will mean a reduced infrastructure footprint, creating never-before-seen efficiencies in city functions. The ideal climate all-year-round will ensure that residents can enjoy the surrounding nature. Residents will also have access to all facilities within a five-minute walk, in addition to high-speed rail – with an end-to-end transit of 20 minutes.
"THE LINE will tackle the challenges facing humanity in urban life today and will shine a light on alternative ways to live. We cannot ignore the livability and environmental crises facing our world’s cities, and NEOM is at the forefront of delivering new and imaginative solutions to address these issues. NEOM is leading a team of the brightest minds in architecture, engineering and construction to make the idea of building upwards a reality."
His Royal Highness
Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors
Flying taxis, robotic avatars and holograms — Saudi Arabia pushes ahead with its sci-fi city vision
Emma Procter
PUBLISHED TUE, OCT 25 2022 3:08 AM EDT
Flying taxis, robotic avatars and holograms — Saudi Arabia pushes ahead with its sci-fi city vision
With a mammoth budget of $500 billion, Neom is a key element of Saudi's Vision 2030 plan originally launched back in 2016.
The project has received its fair share of skepticism around feasibility.
Located on a coastal strip in Tabuk in the northwest of the country, there are three areas of Neom that have been officially announced — primarily The Line.
The other planned Neom areas are Oxagon, a "gateway to advanced and clean industries," which will become the largest floating industrial complex in the world.
And Trojena, a year-round destination with mountain quality dry air, a ski slope, mountain biking, water sports, wellness facilities, and an interactive nature reserve.
If you've been seeing mysterious Bladerunner-type ads popping up on your phone recently for Neom in Saudi Arabia and wondered what on earth you're looking at it's not surprising — this futuristic desert development is eye-popping in its ambition.
With a mammoth budget of $500 billion, Neom is a key element of Saudi's Vision 2030 plan originally launched back in 2016 as part of the kingdom's mission to diversify away from its oil-dependent economy. Excavation work started this month along the entire length of the project.
The development has received its fair share of skepticism around feasibility, with a raft of articles in publications ranging from The Guardian to the Financial Times including commentary from architects who conclude the project is a pipe dream. Other critics note its carbon emissions among broader concerns.
Located on a coastal strip in Tabuk in the northwest of the country, there are three areas of Neom that have been officially announced — primarily The Line, a linear city with Utopian vistas straight out of a Hollywood movie.
Composed of two parallel skyscrapers that cut right through the desert for 170 kilometers from the coast to the mountains, The Line will be 200 meters wide and soar to a height of 500 meters (higher than most of the world's towers) — and for an added surreal touch, will be encased on all sides with gigantic mirrors.
The project is based on a new concept of "zero gravity urbanism," which is the idea of layering city functions vertically, while enabling inhabitants to move seamlessly in three directions (up, down, and across). When completed it could accommodate up to 9 million residents.
Cynicism toward the project is something Neom leaders acknowledge but strongly rebuff.
"I want to be clear about this — Neom is a complex, bold, and highly ambitious undertaking and is most certainly not an easy one to deliver," Antoni Vives, chief urban planning officer at Neom, told CNBC.
"But we are making strong progress, and it's exciting to see the vision come to life."
While construction of this "Oz of the Middle East" is only at the beginning stages, there's already a push to lure top international talent across industries such as tourism, technology, and entertainment to come and live and work. And there seems to be plenty of cash on the table to attract talent, with some reports suggesting Neom is paying top executives as much as $1.1 million a year.
For those who do make the leap, they'll be signing up for a world of no roads, no cars — only flying taxis — plus a high-speed rail with an end-to-end transit time of just 20 minutes. Then there are the robotic avatars and holograms set to become part of everyday life.
The other planned Neom areas are Oxagon, a "gateway to advanced and clean industries," which will become the largest floating industrial complex in the world — and Trojena, a year-round destination with mountain quality dry air, a ski slope, mountain biking, water sports, wellness facilities, and an interactive nature reserve.
According to the planners, each area will be powered solely by renewable energy, sustainably connected, and surrounded by nature that will be re-greened and rewilded.
Aside from buzz around mind-bending Neom, there's a larger picture emerging in the world's fastest growing economy. According to global real estate consultancy Knight Frank, the total value of real estate and infrastructure projects since the launch of Saudi Arabia's National Transformation Plan in 2016 has now crossed $1.1 trillion.
"We are currently tracking 15 giga projects in various phases of construction around the Kingdom, many of which are new standalone super-cities in their own right," commented Knight Frank's Harmen de Jong, partner and head of real estate strategy and consulting for Saudi Arabia.
For business owners who have long worked in the Middle East, Neom represents a new era. "I believe this project is unprecedented and will drive innovation and technology as we have never seen before," Catherine Granger, the CEO of regional artificial intelligence specialist Trajan Consulting, told CNBC.
AI is set to be "the beating heart" of Neom, as outlined at the Global AI Summit recently in Riyadh.
Granger's firm has been working closely with Neom and she believes the view of Saudi Arabia among the business community has changed inexorably. "Global multinationals now view the country as one of the most prolific business epicenters in the world," she said.
Indeed, Neom is placed to potentially become a global gateway for international trade, not least because of its strategic location on the Red Sea through which almost 13% of the world's trade passes — plus 40% of the global population is within a six-hour flight.
On top of enticing the hardcore business investment, Neom has grand plans for the world of art and culture, recently opening Neom Media Village and Bajdah Desert Studios which together comprise the country's largest sound stages and film production support facilities. The aim is to transform and grow the kingdom's media industry — another key focus of the Vision 2030 plan.
NEOM political map of the 500 billion dollar megacity project in Saudi Arabia along the Red Sea coast. Location of the smart and tourist city with autonomous judicial system. English labeling. Vector.
The Future Is Here…..
The Line
The Future of Urban Living
THE LINE is a civilizational revolution that puts humans first, providing an unprecedented urban living experience while preserving the surrounding nature. It redefines the concept of urban development and what cities of the future should look like.
No roads, cars or emissions, it will run on 100% renewable energy and 95% of land will be preserved for nature. People's health and wellbeing will be prioritized over transportation and infrastructure, unlike traditional cities. Only 200 meters wide, but 170 kilometers long and 500 meters above sea level.
THE LINE will eventually accommodate 9 million people and will be built on a footprint of just 34 square kilometers. This will mean a reduced infrastructure footprint, creating never-before-seen efficiencies in city functions. The ideal climate all-year-round will ensure that residents can enjoy the surrounding nature. Residents will also have access to all facilities within a five-minute walk, in addition to high-speed rail – with an end-to-end transit of 20 minutes.
"THE LINE will tackle the challenges facing humanity in urban life today and will shine a light on alternative ways to live. We cannot ignore the livability and environmental crises facing our world’s cities, and NEOM is at the forefront of delivering new and imaginative solutions to address these issues. NEOM is leading a team of the brightest minds in architecture, engineering and construction to make the idea of building upwards a reality."
His Royal Highness
Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors
Flying taxis, robotic avatars and holograms — Saudi Arabia pushes ahead with its sci-fi city vision
Emma Procter
PUBLISHED TUE, OCT 25 2022 3:08 AM EDT
Flying taxis, robotic avatars and holograms — Saudi Arabia pushes ahead with its sci-fi city vision
With a mammoth budget of $500 billion, Neom is a key element of Saudi's Vision 2030 plan originally launched back in 2016.
The project has received its fair share of skepticism around feasibility.
Located on a coastal strip in Tabuk in the northwest of the country, there are three areas of Neom that have been officially announced — primarily The Line.
The other planned Neom areas are Oxagon, a "gateway to advanced and clean industries," which will become the largest floating industrial complex in the world.
And Trojena, a year-round destination with mountain quality dry air, a ski slope, mountain biking, water sports, wellness facilities, and an interactive nature reserve.
If you've been seeing mysterious Bladerunner-type ads popping up on your phone recently for Neom in Saudi Arabia and wondered what on earth you're looking at it's not surprising — this futuristic desert development is eye-popping in its ambition.
With a mammoth budget of $500 billion, Neom is a key element of Saudi's Vision 2030 plan originally launched back in 2016 as part of the kingdom's mission to diversify away from its oil-dependent economy. Excavation work started this month along the entire length of the project.
The development has received its fair share of skepticism around feasibility, with a raft of articles in publications ranging from The Guardian to the Financial Times including commentary from architects who conclude the project is a pipe dream. Other critics note its carbon emissions among broader concerns.
Located on a coastal strip in Tabuk in the northwest of the country, there are three areas of Neom that have been officially announced — primarily The Line, a linear city with Utopian vistas straight out of a Hollywood movie.
Composed of two parallel skyscrapers that cut right through the desert for 170 kilometers from the coast to the mountains, The Line will be 200 meters wide and soar to a height of 500 meters (higher than most of the world's towers) — and for an added surreal touch, will be encased on all sides with gigantic mirrors.
The project is based on a new concept of "zero gravity urbanism," which is the idea of layering city functions vertically, while enabling inhabitants to move seamlessly in three directions (up, down, and across). When completed it could accommodate up to 9 million residents.
Cynicism toward the project is something Neom leaders acknowledge but strongly rebuff.
"I want to be clear about this — Neom is a complex, bold, and highly ambitious undertaking and is most certainly not an easy one to deliver," Antoni Vives, chief urban planning officer at Neom, told CNBC.
"But we are making strong progress, and it's exciting to see the vision come to life."
While construction of this "Oz of the Middle East" is only at the beginning stages, there's already a push to lure top international talent across industries such as tourism, technology, and entertainment to come and live and work. And there seems to be plenty of cash on the table to attract talent, with some reports suggesting Neom is paying top executives as much as $1.1 million a year.
For those who do make the leap, they'll be signing up for a world of no roads, no cars — only flying taxis — plus a high-speed rail with an end-to-end transit time of just 20 minutes. Then there are the robotic avatars and holograms set to become part of everyday life.
The other planned Neom areas are Oxagon, a "gateway to advanced and clean industries," which will become the largest floating industrial complex in the world — and Trojena, a year-round destination with mountain quality dry air, a ski slope, mountain biking, water sports, wellness facilities, and an interactive nature reserve.
According to the planners, each area will be powered solely by renewable energy, sustainably connected, and surrounded by nature that will be re-greened and rewilded.
Aside from buzz around mind-bending Neom, there's a larger picture emerging in the world's fastest growing economy. According to global real estate consultancy Knight Frank, the total value of real estate and infrastructure projects since the launch of Saudi Arabia's National Transformation Plan in 2016 has now crossed $1.1 trillion.
"We are currently tracking 15 giga projects in various phases of construction around the Kingdom, many of which are new standalone super-cities in their own right," commented Knight Frank's Harmen de Jong, partner and head of real estate strategy and consulting for Saudi Arabia.
For business owners who have long worked in the Middle East, Neom represents a new era. "I believe this project is unprecedented and will drive innovation and technology as we have never seen before," Catherine Granger, the CEO of regional artificial intelligence specialist Trajan Consulting, told CNBC.
AI is set to be "the beating heart" of Neom, as outlined at the Global AI Summit recently in Riyadh.
Granger's firm has been working closely with Neom and she believes the view of Saudi Arabia among the business community has changed inexorably. "Global multinationals now view the country as one of the most prolific business epicenters in the world," she said.
Indeed, Neom is placed to potentially become a global gateway for international trade, not least because of its strategic location on the Red Sea through which almost 13% of the world's trade passes — plus 40% of the global population is within a six-hour flight.
On top of enticing the hardcore business investment, Neom has grand plans for the world of art and culture, recently opening Neom Media Village and Bajdah Desert Studios which together comprise the country's largest sound stages and film production support facilities. The aim is to transform and grow the kingdom's media industry — another key focus of the Vision 2030 plan.
NEOM political map of the 500 billion dollar megacity project in Saudi Arabia along the Red Sea coast. Location of the smart and tourist city with autonomous judicial system. English labeling. Vector.
Yeah read about this a few weeks ago...Very interesting how this will look when it's done.
Homeless Man Builds Small House On Hollywood Blvd
A homeless man has built a solid wooden structure on Hollywood Blvd
A homeless man has built a solid wooden structure on Hollywood Blvd
This cac came in and bought 3 solid 4br/5br brick homes on my block tore them down and squeezed two house on each lot with little to no damn back yard priced at 500k to 450k they been vacant all spring and summer with reduced price sign on them now they might hit 150k or lower soon according to my neighbors who are both in real estate, they said Zillow in full swing pump and dump mode and a lot of solo quick flippers are becoming deep in debt and desperate.
What city?
aint karma a bitch...
some of those folks were drooling at the mouth over
folks losing their homes in foreclosures... now its like
their assets getting drooled over now...
Stack these chips and get that firesale..
so glad I didnt make any kneejerk decisions,
everybody getting nervous with blackrock buyin up everything
I was like blackrock is retarded all that extra money was flowing
back when unemployement was paying cacs thousands to stay home during covid...
now they back to work and its mostly kniggas..
they dropped that shit to three hundred dollars and only six months..
so NOW all those greedy corporations gonna be
ass out...
This the karma Im tawkin BOUT..
How corporations are buying up houses — robbing families of the American Dream
One morning in 2012, Phoenix real-estate developer Geoff Jacobs was playing golf when he got a surprising phone call.
One of his employees, trying to bid on a house they wanted at auction, told him the price had reached their agreed-upon ceiling of $85,000 — a rare occurrence, since they usually snagged the homes they wanted without competition.
Jacobs told his employee to go up to $87,000. But the price kept rising.
“The price jumped to $90,000. Then $95,000. The home wound up selling for about $100,000,” writes Ryan Dezember in his new book, “Underwater: How Our American Dream of Homeownership Became a Nightmare” (Thomas Dunne Books), out now.
“Jacobs was bewildered. Who was this aggressive bidder? By the end of the day, he had a name. The bidder was from an outfit called Invitation Homes.”
Invitation Homes, it turned out, was owned by Blackstone Group, the world’s largest real-estate investor. Created after a company called Treehouse Group was folded into Blackstone, then renamed in 2012, Invitation Homes was on a $10 billion spree, purchasing $150 million worth of houses per week.
“At an auction in Sacramento, a house flipper named Ryan Heck was bewildered by a bidder who bought every house that hit the block,” Dezember writes, noting that the bidder went one dollar over every other bid until the other bidders conceded.
“Neither Heck nor the other regulars recognized the dollar-over guy. It turned out he was with an out-of-town concern called Treehouse and had instructions to buy everything that cost less than what it would cost to build a similar house. Every house auctioned that day fit the bill.”
Moving forward, Heck tried to compete, sometimes even peeking over other bidders’ shoulders to “run the dollar-over routine on them.” But he was outmatched.
“He had a handful of cashier’s checks,” Dezember writes. “The new guys had duffle bags full.”
‘Underwater” describes how, in the wake of the 2008 financial crisis, corporations began buying suburban houses en masse and then renting them out, often for more than residents would have otherwise paid in rent or mortgage.
This has become so common that, while the phenomenon “didn’t exist a decade ago,” corporations bought one out of every 10 suburban homes sold in 2018.
Corporate homeownership can not only subject tenants to higher living costs, but often destroys their ability to buy these homes themselves, as companies pay top dollar to take them off the market.
As a result, America is quickly becoming a renter nation.
“Between 2006 and 2016, when the homeownership rate fell to its lowest level in fifty years, the number of renters grew by about a quarter,” Dezember writes.
I bet these demons aint smilin so much right now...
Norfolk, VA
How the U.S. Housing Market Became Such a Dumpster Fire
Derek is joined by Tracy Alloway and Joe Weisenthal to discuss what the hell is going on with American real estate
www.theringer.com
That’s crazy how cheap it is there. How’s the crime?
Depends on your location the biggest crime they had in my location was two abandon stolen KIAs. Most people really don't pay attention but they are moving the thugs and thots out.
You have no idea what 30k can do for a person investing in real estate. That 30k will take them further than that Masters. Getting a Masters doesn’t mean you’re gonna get an AP or Counseling promotion. Plus if they went on a loan tack on the interest. Teachers qualify for home buyer programs that can get
first thing I thought! A basic home inspection would of found all those issues. She never mentioned “realtor” either. An experienced realtor would of noticed some of those issues.
my realtor friend who selling a million in a month is already struggling ! Went from having her own firm to working for someone else now. Them people ran through the money. So many people became realtors in this new market that they thought it was normal. Real estate is going back to how it was when I was a kid. Houses sat on the market and sellers had to pay apart of the closing.
So the only careers in education are for teachers? What about people on a education administration career track? There is a ceiling for people with just a bachelors. Some position require masters degrees and up. You will easily see a 30k per year salary difference in a position that you can attain with just a bachelors vs one that has a minimum of masters degree.
I'm surprised it's "only" 27%. I wonder how many of those resellers are moving to cheaper areas of the country.
my post literally said Counselour and AP
Assistant Principal is administration though. Someone can have all the experience in the world, and will never attain certain positions unless they have a masters degree. Every career path is different, I work in tech, I would agree with you in the tech field, that a masters won't do much, but in the education field, it's necessary to keep moving up the ladder. My wife works in Education, the difference in salary from positions that you can attain with a bachelors vs ones with a masters requirement can be 50k and up. After 10 years my wife is pulling in 100k more a year.
Vancouver home sales down 46% from last year, 13% from September: board
The Real Estate Board of Greater Vancouver says home sales continued to plunge in October, falling 45.5 per cent from the year before and 12.8 per cent from September.
Tax sale of Vancouver home for $1M less than assessed value can't be completed, city staff say
City staff say the sale of an East Vancouver home for $1 million less than its assessed value can't be completed because of a "manifest error" in the tax sale process.
B.C. landlord’s typewritten contract with former tenant not enforceable, tribunal rules
An agreement between a landlord and tenant promising that neither one will take a dispute to B.C.'s Residential Tenancy Branch has been ruled invalid.
Same shit happened before the 08 meltdown, seemed like everyone and their mommy were realtors. Hoping the banks learned their lesson from the last two times.