So when’s the housing bubble bursting?

[mrcmd187]

"1 bedroom, 600 sq ft, 299k, middle of no where"

51 Birch Mill Rd, Durham, CT 06422 | realtor.com®

51 Birch Mill Rd, Durham, CT 06422 is contingent. View 27 photos of this 1 bed, 1 bath, 1168 sqft. single-family home with a list price of $299000.

www.realtor.com

 

[Dr. Truth]

"1 bedroom, 600 sq ft, 299k, middle of no where"

That’s a nice crib and it’s almost 1200 sq ft not 600

 

[Helico-pterFunk]

https://www.npr.org/sections/health-shots/2023/03/21/1164275807/poverty-by-america-matthew-desmond-inequality

 

[Helico-pterFunk]

Reddit - Dive into anything

www.reddit.com

 

[Helico-pterFunk]

Would you pay $700 a month to rent a micro suite? Craigslist ad highlights bleak options

A micro suite in Vancouver is being rented for $700 a month—a steep price considering the space is just 150 square feet.

bc.ctvnews.ca

 

[Helico-pterFunk]

Former Canucks captain's Vancouver home listed for just under $5.6M

Former Canucks captain Bo Horvat has listed his home in Vancouver's West Point Grey neighbourhood for $5.59 million.

bc.ctvnews.ca

 

[Helico-pterFunk]

Land lift: How Vancouver zoning policy creates multi-million-dollar teardowns

When the city rezones a property to allow more density, its value can increase many times over, basically overnight. Vancouver has a strategy for dealing with that fact. Is it still working?

bc.ctvnews.ca

Former VPD officer speaks out after discovering his property was being used in rental scam

When a former detective with the Vancouver Police Department discovered photos of his home were being used in a rental scam, he decided to start his own investigation.

bc.ctvnews.ca

 

[havelcok]

 

[praetor]

 

[praetor]

 

[DC_Dude]

A Tale of Two Housing Markets: Prices Fall in the West While the East Booms — The Wall Street Journal

In an unusual pattern, the 12 major housing markets west of Texas, plus Austin, saw home prices fall in January, while the opposite happened in the rest of the country

apple.news

 

[fourthstbully]

true, but also people like me who cash out in gentrified areas. take that profit and buy in florida.

LOL all cash offers aka foreign investors. FOH who has 600-1 million cash laying around to drop on a house?

 

[DC_Dude]

 

[praetor]

 

[DC_Dude]

Yup.

 

[praetor]

At least there's Texas.

 

[DC_Dude]

At least there's Texas.

Crazy

 

[havelcok]

At least there's Texas.

 

[shaddyvillethug]

This crump nigga needs to go away

 

[Helico-pterFunk]

Vancouver hit peak unaffordability in late 2022 — and set a Canadian record, too

The city's measure for affordability hit a nation-wide record: RBC

www.vancouverisawesome.com

 

[havelcok]

Vancouver hit peak unaffordability in late 2022 — and set a Canadian record, too

The city's measure for affordability hit a nation-wide record: RBC

www.vancouverisawesome.com

Is Vancouver that great of a place to live?

 

[Helico-pterFunk]

Is Vancouver that great of a place to live?

Not really. The lack of brutal winters and easy access to ocean / mountains is appealing for many. But the fucking affordability issues are serious. Things are taxed left and right. Pretty shitty rush hours for those who are impacted. Heavy annual rainfall. But "the spring and summer months are beautiful", lol ...

 

[praetor]

Documentary with black and white home buyers going under cover to examine how differently they're treated. You already know what the results will be.

 

[Peacemaker213]

This crump nigga needs to go away

If banks tried this to jewish people or asians they'd have their lawyers on the bank's necks.

Right now, Crump is one of the few black people with the legal know how and media attention, willing to fight for black people and make white folk consider taking the knee. I know there are other lawyers out there but nationally, he's got a platform.

He does seem like an opportunist sometimes but them krackers ain't playing fair.

 

[shaddyvillethug]

If banks tried this to jewish people or asians they'd have their lawyers on the bank's necks.

Right now, Crump is one of the few black people with the legal know how and media attention, willing to fight for black people and make white folk consider taking the knee. I know there are other lawyers out there but nationally, he's got a platform.

He does seem like an opportunist sometimes but them krackers ain't playing fair.

What’s your other screenname?

 

[Helico-pterFunk]

 

[Helico-pterFunk]

 

[Helico-pterFunk]

 

[cap213]

Documentary with black and white home buyers going under cover to examine how differently they're treated. You already know what the results will be.

You know the crazy thing is we all know this but no one acts on it. Nobody feels the need to take black people as seriously as others since we don't support one another. But that is another story for another day.

 

[praetor]

You know the crazy thing is we all know this but no one acts on it. Nobody feels the need to talk black people as seriously as others since we don't support one another. But that is another story for another day.

They touched on why no one acts on it at the end of the video. If the realtor is polite and professional, we may not realize that we are being treated unfairly since we don't have the benefit of seeing how the white folks are treated. A lot of us are first time home buyers so we may not think anything of having to provide ID to be shown a property.

Also, there's no enforcement for the rules against steering. If these folks were literally caught on camera and didn't lose their licenses, nothing will happen to all the rest.

 

[cap213]

They touched on why no one acts on it at the end of the video. If the realtor is polite and professional, we may not realize that we are being treated unfairly since we don't have the benefit of seeing how the white folks are treated. A lot of us are first time home buyers so we may not think anything of having to provide ID to be shown a property.

Also, there's no enforcement for the rules against steering. If these folks were literally caught on camera and didn't lose their licenses, nothing will happen to all the rest.

Yeah, I saw the end and agree. I mean in general. If we used even 10% of our collective resources and power a lot would change. Meh, life goes on I guess.

 

[Peacemaker213]

What’s your other screenname?

My old name died with the great reset lol, but for real though. I don't have shit against other folks but I want to see black people succeed. Example, white family with a 3 bed 2 bath appraise for 100k more than a black family with a 4 bed 2 1/2 bath on the same street. That's some o'l bullshit.

Just saying, tired of the fuckery so when I see someone like Crump stepping on a neck, I ain't mad.

 

[Helico-pterFunk]

B.C. to spend billions on plan to build more homes to ease housing crisis

The British Columbia government will invest billions of dollars to ease a housing "crisis that is touching people in every corner of the province," Premier David Eby said.

vancouverisland.ctvnews.ca

 

[Helico-pterFunk]

Questions about new housing plan at B.C. mayors' summit

The premier's proposal for sweeping changes to zoning in order to allow increased housing supply density was the hot topic at a special summit organized by B.C.'s mayors to discuss housing challenges.

bc.ctvnews.ca

House abandoned by couple who 'disappeared' years ago nightmare for neighbour on upscale street

A Toronto man, whose neighbours vanished eight years ago and left their home completely abandoned, said he's fed up living next door to a property that is in complete disarray.

toronto.ctvnews.ca

Former VPD officer speaks out after discovering his property was being used in rental scam

When a former detective with the Vancouver Police Department discovered photos of his home were being used in a rental scam, he decided to start his own investigation.

bc.ctvnews.ca

TransLink reveals plans for first real estate development

TransLink has released details about its first foray into real estate development, announcing plans for a 30-storey mixed-use building in Vancouver.

bc.ctvnews.ca

Calgary real estate agent's licences revoked for misleading customers and fraud

A Calgary real estate agent, who was suspended on suspicion of illegal activity more than two years ago, has now had their licences revoked by the Real Estate Council of Alberta (RECA).

calgary.ctvnews.ca

 

[Helico-pterFunk]

Vancouver's March home sales down 42.5% from a year ago: B.C. board

The Real Estate Board of Greater Vancouver says home sales fell 42.5 per cent in March from a year ago and were 28.4 per cent below the 10-year seasonal average.

bc.ctvnews.ca

• The Canadian Press

Published April 4, 2023 8:20 a.m. PDT

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The Real Estate Board of Greater Vancouver says home sales fell 42.5 per cent in March from a year ago and were 28.4 per cent below the 10-year seasonal average.
Last month's sales totalled 2,535 compared with 4,405 sales in March 2022 and 1,808 in February.
The B.C. board says the numbers signal that March home sales are making a stronger than expected spring showing so far, despite elevated borrowing costs.
It also found there were 4,317 new listings, a 35.5 per cent decrease from March 2022 and 22.3 per cent below the 10-year seasonal average.
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The board says the composite benchmark price for all residential properties in Metro Vancouver reached $1,143,900, a 9.5 per cent decrease from March 2022 and a 1.8 per cent increase compared with February.
The board foresees further price increases as the year progresses.