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What goes up… What should we expect? – Part 1

What goes up… What should we expect? – Part 1

The best we can do is to learn from our own history and those from other countries and try to understand what could happen in Vancouver, given the anomalously high prices in real estate. We'll get there, but first I'll begin discussing debt and where we are for the factors discussed in my last blog posts. ...
Up up and away. The history of Vancouver real estate prices. Part 2

Up up and away. The history of Vancouver real estate prices. Part 2

Now that we have discussed that the credit cycle has played a major role in the drive for high prices, we should narrow down on Vancouver. The credit cycle we discussed applied to all of Canada, but the big boom in prices was unique to Vancouver (and to some extent Toronto). Why? Why is Vancouver different? ...
Up up. The history of Vancouver real estate prices. Part 1

Up up. The history of Vancouver real estate prices. Part 1

I have often heard people explaining the high prices of Vancouver Real Estate by making a simple story around one factor. For example, some people think that foreign investment is responsible, and cite immigration programs or anecdotal evidence of the presence of Chinese investors in condo pre-sales. Or, some other people blame low interest rates, and think that if interest rates go up, prices will collapse. The truth is that you cannot look at one factor alone to explain what is happening. ...
Benching the benchmark. REBGV House Price Index.

Benching the benchmark. REBGV House Price Index.

In this blog post, I want to discuss something that comes up every month: the benchmark price or each unit type for Greater Vancouver. ...
Penny wise, pound foolish. Valuing Vancouver Real Estate.

Penny wise, pound foolish. Valuing Vancouver Real Estate.

Following the three metrics discussed in the previous blog post, let's see where if Vancouver is overvalued. Let's not be penny wise, pound foolish... ...
Do you know the price of everything but the value of nothing? Determining Real Estate property values.

Do you know the price of everything but the value of nothing? Determining Real Estate property values.

In my first series of blog posts I want to start by discussing real estate, as the decision on where we live is a fundamental part of our personal finance journey. ...