Discover and read the best of Twitter Threads about #vancouverrealestate
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WHAT LIES BENEATH IN THE #VANRE MARKET?
(Warning: This will be a long thread, grab a cuppa coffee)
Most people are familiar with Warren Buffet's saying "Only when the tide goes out do you discover who's been swimming naked."
I believe it may be EXACTLY what lies beneath the
(Warning: This will be a long thread, grab a cuppa coffee)
Most people are familiar with Warren Buffet's saying "Only when the tide goes out do you discover who's been swimming naked."
I believe it may be EXACTLY what lies beneath the
2/ level of the tide that could be the final nail in the #Vanre mkt once the full effect of foreign owners (FLIPPERS) selling their West Side SFD's kicks in. Considering that we are already 35% off the peak mkt highs, that in itself is an ominous thought.
Now, I've always
Now, I've always
3/ suspected (no proof) that MANY #Vanre home owners have dipped into the "equity lottery winnings" that they have realized in the past 10 years to fund who knows what.
So when I saw an article yesterday from @BetterDwelling about Cdn Helocs,
betterdwelling.com/canadians-used…
So when I saw an article yesterday from @BetterDwelling about Cdn Helocs,
betterdwelling.com/canadians-used…
