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It's good to hear that you've settled in quite nicely! :)

That must keep you fairly busy as it seems like you're personally banning most of the spammer account that I've happened to check!

So, you were trying to compare Manhattan housing prices to the whole state of Nevada... while using state to state median household income. You can't do that as it's not statistically kosher. The median per capita income in Manhattan is a bit over $60,000. In the state of Nevada, it's a...

When I was an Admin of a pretty large site about six years ago, we had a similar problem. The five of us got together and someone had an idea that centered around the registration process. I can't, for the life of me, remember what the solution was... but it worked. To any of the staff: Does...

Not sure what mammalian posterior you pulled that from, but it's dead wrong. Median house price for the state of New York (I hope you weren't trying to compare Manhattan housing to a whole state) is $235,000. The median house price in Nevada is $125,000. Both of those numbers are from August...

From the time I stopped reporting threads (with the little triangle 'report' button) last night, a little over twelve hours, until right now... there are at least 30+ more new spam posts in the Real Estate section. The likely number is closer to 40 or 50 though. I don't feel like opening each...

More spammers today: makemowimu sogsensuema vzmqwkdahs nssieinp UnaroVala wrersetar leaphNeed Immemiroado Snituania ProomiWrova These were all pretty much from the same section of the site (Real Estate General Discussions). I didn't even go through any other sub-forum. And those...

"The study by Genworth Canada..." "Genworth — which earns revenue from selling mortgage insurance..." ------------------------------- This is really no different than a realtor trying to talk up a softening market. Their livelihood depends on it.

There are plenty of new subprime lenders in Canada; I even posted about one a couple of months ago (using neat language like 'near-prime'). Subprime isn't gone... people just don't want to acknowledge it.

Everyone is aware that there are 50 US states and they each have their own rules regarding recourse mortgages... right? Only 12 states allow non-recourse mortgages - the other 38 (as well as all US territories, etc.) are fully recourse. To read some of the posts here, one would think that the...

Sorry, I can't agree with that. Cheap credit is the biggest culprit.

51% of Canadian homeowners expect to carry a mortgage into their retirement years: http://www.theglobeandmail.com/report-on-business/top-business-stories/50-of-canadians-expect-to-carry-mortgage-in-retirement/article2434462/

Ha ha ha! :D

But wages haven't kept up with the rate of inflation, right?

http://www.theglobeandmail.com/life/home-and-garden/real-estate/buying-and-selling/what-will-make-the-housing-boom-go-bust-greed/article2402051/page1/ Interesting article/interview with Ben Jones (one of the early predictors of the US housing bubble) in today's G&M.

I like it!

What is everyone's thoughts on this: http://www.counselcorp.com/files/Counsel%20Corp%27s%20Street%20Cap%20New%20Mortgage%20Lending%20Program%20Apr%2010-12.pdf Notice how they are re-branding subprime mortgages as 'near prime'. "We're very pleased with Street Capital's decision to...

"Forget the rest get the best!" - cityplaceguy :p

http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10796278 Only Canada's house-price ratio tops NZ "New Zealand house prices are the world's second-highest compared with rents, according to the Economist. The magazine published a list of 21 countries, comparing prices...

Ahhh... the return of cityplaceguy (how is the condo grow-op?). Always good for a chuckle on UT.