15 Real Estate Myths and Realities: The List

The list below are the 15 statements but read the entire article on the news site or view the printable version of the myths and realities section, with charts and graphs.
1. Albertans are buying up B.C’s recreational property.
Reality
2. My home’s assessment tells me what the property is worth.
Myth
3. Real estate prices in Greater Vancouver […]

Jim Roger’s comments

Fairly bright guy, it seems. Here’s four links to an interview of him on where his thoughts are on various investment ideas.
http://www.investmentu.com/IUEL/2006/20060605.html
http://www.investmentu.com/IUEL/2005/20050721.html
http://www.investmentu.com/IUEL/2008/April/jim-rogers-interview.html
http://www.investmentu.com/IUEL/2006/20060608.html

From The New York Times

I got this from the lady who runs our business association. She wonders out loud if this scenario is coming to vancouver.
DUBLIN — The collapse of the housing bubble in the United States is mutating into a global phenomenon, with real estate prices swooning from the Irish countryside and the Spanish coast to Baltic seaports […]

From the latest Vancouver Magazine

These guys will be proven right…in 2011.
In 2002 Felicity Stone and Jim Patton stumbled onto the real-estate mother lode, trading up from a house in rural Langley to a thoughtfully designed home on two acres in the Elgin Chantrell area of South Surrey. Patton, a communications consultant, and Stone, who works in public relations, were […]

Charile Rose interviews Paul Vocker

An interview by Charile Rose with former Fed chairman Paul Volcker.

Paul Volcker had the right idea…

Paul Volcker had the right idea, 3 years ago to the day.
The U.S. expansion appears on track. Europe and Japan may lack exuberance, but their economies are at least on the plus side. China and India — with close to 40 percent of the world’s population — have sustained growth at rates that not so […]

Paul Volcker

Here’s an interesting thought. Bringing Paul Volcker out of retirement, and giving the US public the bad-tasting medicine it really needs.
Most are steamed that the chairman of the Federal Reserve isn’t cutting interest rates fast enough to help the economy, even though he’s been slashing borrowing costs since last summer.
Oh, those misguided souls!
Bernanke’s problem is […]

The US slowdown is not coming to (Western) Canada

Greater Vancouver closed March with its slowest first-quarter for sales since 2001, Canada Mortgage and Housing Corp. analyst Robyn Adamache said Wednesday in an interview.
Both the Greater Vancouver and Fraser Valley real estate boards reported Multiple Listing Service sales off 2007’s pace, with inventories also climbing, which Adamache said is consistent with her forecast for […]

Food price inflation is here

Food price inflation is here.
Food-price inflation is about to hit one of the main staples for local shoppers at Asian supermarkets: rice.
At T&T Supermarket, executives have been watching wholesale prices rise more than 100 per cent during the past year.
“Prices have basically more than doubled,” said Herman Poon, T&T’s marketing manager. “If we take a […]