Metro Vancouver ‘millionaire’ homeowners selling out and buying in rural areas

(February 29, 2016)

City slickers cash in for a more tranquil life, leaving money to spare

Millionaire homeowners cashing out of Metro Vancouver’s red-hot real estate market are seeking greener pastures elsewhere in B.C.

Real-estate experts say they’re seeing more city slickers selling off their urban homes and heading north or east to buy hobby farms and acreages, where they can live off the land with cash to spare.

An... read more.

Urbanization Trend in BC. Up or Down?

(February 24, 2016)

While smaller communities across B.C. face declining population numbers, places like Vancouver, Victoria and Nanaimo are the focus of increasing densification and urbanization.

A weak currency and slumping global commodity prices are indirectly contributing to a rush on Lower Mainland real estate.

The two forces are aggravating a pre-existing situation of too many buyers and renters chasing too few... read more.

Why is the US so obsessed with Middle East oil when it has the country with the world’s second largest oil reserves right next to it (Canada)?

(February 21, 2016)

The key terms we are re looking for are proven oil reserves-where in terms of barrels Canada is third not second- and peak production levels.

But it's not much of a race.
OPEC has proven reserves of 1.2 million Mmbbl. Although they lack the political unity of the past, the fact remains that not only is most of the world's proven reserves in OPEC hands but they also have the eceprtise and infrastruct... read more.

5 Mistakes Buyers Make in a Hot Market

(February 18, 2016)

House hunting is hard to time perfectly, and sometimes it’s impossible to avoid buying in a hot market. But don’t let the fear of tough competition send you into a panic. Avoid falling into one of these traps when shopping in a hot real estate market, and you’ll likely save yourself some money (and a few gray hairs).

Acting out of desperation  

It’s hard not to be let down when attractive homes are t... read more.

Tax evasion goes unpunished in overheated housing market

(February 17, 2016)

CRA can’t keep up with income earned from flipping, contract assignment and misrepresentation

An enormous amount of taxable income is going untaxed in Vancouver’s Wild West real estate market. Those in the know say that includes presumed evasion of both income tax on earnings from flipped property and GST payments that are not being remitted on newly built residences.

Two former lawyers interviewed... read more.

4 Great Reasons to Sell in the Winter

(February 13, 2016)

Winter is here and you have finally decided to put your house on the market, but you heard somewhere that it’s better to wait until the spring. Is it really? Some conventional wisdom says that selling a home in the spring is a better bet. Flowers blooming, green grass and sunny skies make homes look their best, the thinking goes, and so this is the ideal time to list your house for sale. But is th... read more.

Will 2016 be the Year of the Condo?

(February 06, 2016)

Condominium units have long been viewed as the poor cousins of single-family houses in Vancouver’s real estate market. But 2016 could well be the Year of the Condo.

Realtor Patrick Weeks foresees only moderate growth this year in Vancouver’s detached housing sector. But he sees the sale of “certain segments of condos going up substantially, as (single-family house) prices become out of reach for ma... read more.

How do I become a more intelligent person?

(February 02, 2016)

There are two forms of intelligenceraw(fluid) and practical(crystallized)

Raw refers to how fast you are able to come up with a solution to a novel problem. Practical refers to an accumulation of knowledge that makes the things you do day to day easier.

For example if you know a lot about the civil war, you'll do very well in a debate with a smarter but less knowledgeable person. If you have a lot... read more.