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I don’t have any problems with Abbotsford I live on Eagle Mountain nice neighbourhood😂

everyone knew Thind was fucking up internally, rennie did a great job selling it but it still failed - apparently it had something to do with not being able to secure a GC

Def not worth $349,000

Desperation - things are not selling aa, change carrier go in acting 😂

79 million..., over a 1000 units..., in Vancouver? A condo is a million in Vancouver, a thousand times one million is a billion, not 79 million, so, where does this story turn to shit in your mind?

Thank you, gr8 video! Your background music is so good.

This January/March we saw buyers trying to get ahead of the spring market, by mid April things were dead. I think we're seeing buyers jump in even earlier and we'll see an earlier drop off in demand come 2025.

I only got a couple of friends in abbotsford.

Can you share some examples of these deals?

Dude. Even with surge, numbers are still low af. Calm down

Check out Steve Karrasch on the surrey report. Prices are down significantly in Surrey. I would wait as the panic selling continues.

Let me introduce you to the pandemic era FOMO Pumper Kelly.

Thanks for the insight!"

Downtown Vancouver has declined a fair bit over the last few years. I would still argue that just outside the downtown core still the best neighbourhoods, places like Kitsilano lower Lonsdale, Fairview. As downtown Vancouver declined some of the suburbs have really improved. Places like port Moody and parts of Langley and what not - lots of young people, a lot of new, good businesses, walkable, low crime.

If we were a prospering country I would agree with you. But we are not a prospering country.

indebted servitude it is! LOL desperation. Prices are coming down, and we'll take a normal mortgage thx.

You don't have to guess, you only need to look what buffet does. Their company has more liquidation now since 1990. This means something really bad, probably related to trade terrifs is most likely gonna result in bad economy.

Stop whining bud

Thoughts on the Elijah presale in Langley ?

Wow the deals

for the CHEAPEST ...TRY HASTING + MAIN ...TOTALLY FREE !!!

must be slow in the office.

Time for a career change. You have no idea how this will fall off a cliff.

Wow I couldn't have explained it better myself !! Great video ! I am also saying the have waited too long to cut rates, they should have started in April. All data is pointing at a recession and you do NOT want to have a recession and an inflation rate lower then 1%. The BOC shit the bed on this one. Massif cuts will be needed for sure, doubt they will go down to 0% tough, but I would not be surprised at around 1.25-1.5 %

If it goes back to zero.....its over .....

You've been watching too much bnn bloomberg

Inflation wave three to come? Bigger than wave two. Time to buckle up get ready for much lower prices? Time will tell.

our economy is dependent on international students. its pretty sad tbh. real estate prices flat for the past 5 years

Kelowna is dead in the water if they lose on tourism, I grew up in Kelowna and I have seen first hand how much they thrive on tourist .Okanagan Realestate will always bounce back, but the impact it will have on jobs is going to be costly.

Fuk, even blaine wa is pricey AF

if you dont like it here then get out

where else can i get mountains nearby and lakes, that is cheaper with similar-ish weather? Don't care for clubbing

Just sold mine 30k below City assessment

Not just Surrey - Every pre-sale condo that I looked at in Vancouver was tiny and in a bad location with some having no parking or being slated for part social housing. No Way - they must be crazy! I went and purchased some mid 1990's and early 2000's condos in Coal Harbour Vancouver. Renovated them and flipped them into rental units.

vancouver is the most overated city. It's crazy. If you are super rich, it offers some great options, but for middle class, if that even exists anymore, it's a terrible experience.

I am staying BC 😌

"always comes back with a fury, and usually doesn't take that long" Learn about the lost decade in Japan. Learn about Weimar republic. Reach out if you have questions or concerns. Maybe you're right. Maybe values go up. Way up. This is why Weimar is important. Best of luck

you don't live in Vancouver, you live in the Fraser Valley - a total shithole. And if you would say THAT is not worth the inflated price you paid for your home, you are right

how was edmonton?

I would say this: At the peak of the Oil boom in AB in 2007, the housing prices in Fort McMurray, Edmonton, and Calgary were very close to the averages in Vancouver and Victoria. Markets are irrational and often overprice things on the way up. If you’re looking for an investment; it is in Edmonton condos. They are the cheapest of any major city in Canada. The trans mountain pipeline has only been fully operational for maybe 8 months. Condo prices in Edmonton are lower today than they were at the peak of 2007. Build starts are lower than they were in 2022 and 2023. Population is up around 30% since then and average incomes are up 35%. I would avoid areas like Vancouver, Victoria, Abbotsford, Chilliwack, Toronto etc… for at least 2 more years.

Dude! People are broke! My mother inlaw manages a hotel in Kelowna. They've all struggled to book rooms all year. It's nothing to do with the AirBnB ban. For christs sake people...

To be honest, very rare to see a realtor talking honestly about real estate

Title is misleading and misinformation. There are bad neighborhoods in the city

Who would want to live in Surrey lol

Those places are full of drug dealers, escorts, and students renting from Chinese owners

Really informative-appreciate the details!

That’s because Surrey central is a shithole. How can someone be so stupid to pay those presale prices?

It’s crashing

Pig-trough economy based on money supply explosion and rent prices to the moon

6,631 active condo listings? That number doesn't look right.