Home › Forums › Financial Markets/Economics › Ways to play the vancouver real estate market??
- This topic has 7 replies, 6 voices, and was last updated 16 years, 11 months ago by
Anonymous.
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September 29, 2007 at 5:55 PM #10452September 29, 2007 at 6:04 PM #86380
lindismith
ParticipantYou might want to do some more research. I’ve read numerous reports that Canada’s bubble has burst. They are right on our tails.
September 29, 2007 at 6:27 PM #86381Anonymous
GuestYou may want to do research on the exchange rate for Canada. We (US Dollar) are just a smudge below the Canadian Dollar now. too.
September 30, 2007 at 6:54 AM #86413LookoutBelow
Participant"Van-Kong" …hot real estate action ?…Is this post from 5 years ago ?
Jeeez……Barnum was right, a sucker IS born every minute
September 30, 2007 at 12:17 PM #86447Arty
ParticipantI don’t know why everytime I went to Vancouver BC I feel it’s an empty town.
September 30, 2007 at 3:19 PM #86461patientrenter
ParticipantPeter,
You’re asking for a special case of how to easily buy assets after they’ve gone up a lot in price for no apparent reason. I know you’re just looking for an easy way to “get in” to the Vancouver property market, but most bloggers here on Piggington will read your enquiry as asking how to buy into a market when it’s high (aka “hot”). They suspect you’ll be coming back in few years with a second enquiry: how to sell low.
I’d venture to say that most people on this blog, perhaps unjustifiably, believe that they have no special capabilities to share with you on how to buy high (and sell low). Sorry.
Patient renter in OC
September 30, 2007 at 3:42 PM #86463peterk2001
ParticipantNo problem….I understand but I resent being called a sucker by “Lookoutbelow”….I wasn’t after any get rich quick schemes, but just looking to diversify my portfolio….I have relatives in Vancouver and go up there every 2 months….I personally have seen in just my last 2 week stay there 3 for sale signs go pending in the 4 block area where they live….Where do you see that in San Diego?? No Where, thats where..
Interest rates are lower there, HELOCs are just 6%, and the immigrants coming in actually have money as opposed to our immigrants who drain our economy..Oh, and they have a strong dollar, budget surplus and natural resouces that we are dying for…
Yes I know they are near the top but may have a few years to run especially with the Olympics in 2010….Before you call me a sucker, just know I was trying to get some general investing ideas…There are many ways to go such as the canadian banks, REITS and construction stocks to indirectly play the real estae game….
I guess the 30% on Fidelity Canada fund YTD v. 9% on the S&P 500 index makes me a sucker…..I am no fan of Canada by any means, just tired of the poor investment outlook in the US….
September 30, 2007 at 3:59 PM #86464Anonymous
GuestI think you answered your own question. Canada HAS NATURAL RESOURCES!! Look into buying Canadian Stocks in Natural Resouces that pay decent dividends.
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