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Like I said, I am not a renter and I am playing devil's advocate here. Having said that, I have a few responses to what you outlined. Firstly, re. diversification of investments. Please remember that to "play" the real estate market, you DON't have to own/invest in a home or condo...

Clearly the risk is on the upside as there's really not much left to cut and if some government controlled agency is telling me we're gonna get less than 2% inflation,....they must be smoking some pretty good sh#t. I think everyone agrees that there is a new world order now for some very...

^ Isn't that what some short moustached German guy try to do back in the 1940s ?? I could be mistaken, my history is poor at best.:p As for having the agent telling you about garbage chutes and elevators, just tell him/her that you will pick it up if the agent can secure a 20% drop in price...

What pray tell is so special about this new project that distinguishes it from the billzillionth projects and units coming on line or already built ?? A bit lacking on the information side so more info please ??

It strikes me as appropriately priced for this market. Yeah, ur getting alot but ur gonna pay for it too. If you don't need two parking or two storage then can cosinder renting or even selling (if allowed) one of each or both to recoup some costs. I don't know this area or building that...

OK, I will play devils advocate for the poor renters that never get any respect. There are both pros and cons to renting vs. buying no doubt. The way I see it is simple. The incremental dollars that a renter has is available for investment oppurtunitities. The owner however is using...

What are "sweetheart" deals ? Not familiar with that term, can you define and give some examples ?? Thanks.

Please put up your hand if your cost of living went up by 2% or less this year. Cuz if that's the case, I want to live where you are living.

I am sure as with any other industries, there are good and bad agents. Having the disclaimer aside, here is my stories: I remember having a half hour conversation with an agent that was trying to convince me that his/her services were "free". That's the most retarded thing I ever heard...

My prediction is that prices will go down,...just don't ask me when. I can also predict that prices will change by next year,....just don't ask me which direction. The point is, hard to predict direction and time in the same breath. Having said that, what do you consider "fast"...

This forum's opinion is probably as good as any. Anyone been looking at Residential/Commercial REITs recently ? Taken out back to the wood shed and beaten up is an understatement. Been nibbling away at NPR.UN, HR.UN, CWT.UN and looking also at FCR and AX.UN or maybe I just buy the whole...

Or you can go in without someone holding your hand and ask the seller/developer to knock off the agent commission as there is no middle man. That's always an option.

No doubt Caveat. Related to that some figure the "clean/green" energy and infrastructure sectors are good bets where smart and eventually dumb money will gravitate towards. But I gotta wonder, with some places in the US down 50% from peaks, how long do you or anyone else think for the excess...

Like I said, no problem in anyone making a buck. And there always will be a need and market for good agents. What I have an issue with is the lack of transparency and forced monopoly in this market. The "buyer side is free" propoganda is just one small example I brought up because an earlier...

Really ?? It seems like the other way around as of late. The more we dig into what the banks are holding and been playing around with, the more we seem to be mimicking the Americans. The only difference I see is that it's an oligopoly here, but greed has no national boundaries. So instead...

Ha ha ha. Kaya4u, I see you met Caveat. Take my advice, u best just turn around and run now while you can. I am not as radical, but I just find it amusing when ppl in your industry on the buyer side claim their services are "free" to the buyer. I don't have a problem with anyone making a...

The same arguement is used for "buyer" side realtors that claim it is free for the buyer as the seller is paying the commission. The fact of the matter is guess where the seller or landlord is getting the monies from to pay the realtor ?? No such thing as a free lunch whether you're paying for...

I am admitedly a bit young to remember that time frame, but I believe that was the prior full blown bull run in real estate is it not ?? Seven years doubling would be around a compounded average annual return of 10%. Does anyone remember or have a chart going back that far how the TSX, S+P500...

I know nothing of the project(s) but 3% return per month annualized to 36% per year is not bad in this type of market and markets to come. I assume if you're keeping such a close eye on monthly gains you don't plan to hold it long term (or else there is no reason to monitor such monthly moves...

A developer's main intention is to sell units and maximize profit margin on their projects. Everything else is secondary. So whether a developer PRETENDED to be "genuine" or not or builds applications that are "clever, fun or useful" is almost irrelevant as their primary intention is already...