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509-53 West Hastings | Paris Block | Live Work Warehouse Studio | Downtown Vancouver West
Agent's Open on Friday, June 21st from 10AM-12NOON. Public Opens on Saturday & Sunday, June 22nd & 23rd from 2:00-4:00PM. To Schedule a Private Showing or Co... View Listing Details
304-1406 Harwood Street | Julia Court | West End | Downtown Vancouver Condo
This property was SOLD on June 3, 2013 for $650K. For more details about this sale, contact Mike at 604-763-3136. Looking for a LARGE PATIO & DIRECT WATER VIEWS in the West End? Loo... View Listing Details
703-1189 Howe Street | Genisis | Studio Suite | Downtown Vancouver Condo
Open House on Saturday and Sunday, June 15th & 16th from 11:30-1:30PM. Call Mike at 604-763-3136 to Confirm an Open House or to Schedule and Appointment for a Private Showing. Welcome home t... View Listing Details
3343 Mountain Hwy | Village on the Creek | North Vancouver Condo | Lynn Valley
Contact Anthony Riglietti at (604) 813-4686 to Confirm an Open House or to Schedule and Appoinment for a Private Showing. Welcome to Village on the Creek. A great family & pet friendly complex centrally located within walking distance of L... View Listing Details
309-27 Alexander | The Alexis | Heritage Loft Apartment | Gastown | Downtown Vancouver
Agent's Open on Friday, June 14th from 10AM-12NOON. Public Open House on Saturday and Sunday, June 15th & 16th from 2:30-4:30PM. Call Mike to confirm an Open House or to schedu... View Listing Details
414-1040 Pacific Street | Chelsea Terrace | West End Condo
Open House on Saturday, June 16th from 2:00-4:00PM. Call Mike to confirm an Open House or to schedule an appointment for a private showing. PRICE DROP! Welcome home to this immaculate suite at the solid Chels... View Listing Details
202-3089 Oak Street | The Oaks | Fairview | Vancouver West
This Property SOLD on May 3, 2013 for $450K. Call Mike for more details: 604-763-3136. Enjoy a HUGE 520sf North facing patio at the Oaks in Fairview. This bright, private and quiet suite DOES NOT face Oak Str... View Listing Details
401-1238 Homer Street | Grafton | Yaletown Condo | Downtown Vancouver
Open House on Saturday and Sunday, June 15th & 16th from 2:00-4:00PM. Call Mike at 604-763-3136 to confirm an Open House or to schedule and appointment for a private showing. Reduced to Sell! ... View Listing Details
1909-5288 Melbourne Street | Collingwood | Vancouver Condo
Call Mike to Confirm an Open House or to Schedule an Appointment for a Private Showing. Price Reduced! Welcome home to expansive and unobstructed views of the North Shore Mountains at Emerald Park Place Sub-... View Listing Details
404-3161 West 4th Avenue | BRIDGEWATER | Kitsilano
Call Mike (604)763-3136 to confirm an Open House or to schedule an appointment to view privately. New Price! Welcome home to 10’ ceilings and a bright southern exposure and 2 parking stalls at the Bridgewater by Bosa in Kits! This immaculate top level su... View Listing Details
- 1033 Marinaside Crescent Condo
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- 1040 Pacific Street Condo
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- First Time Home Buyers Advice for Vancouver
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Monthly Archives: February 2009
View in HD Download 480p Version Visit Mike Stewart’s ExposureRoom Videos Page
Stimulus packages coupled with ultra low interest rates are attempts by national governments and central banks to reflate economies around the world. If these efforts are successful (I think they will) I think inflation will be an issue in 2-3 years in Canada. I think elected politicians and to a lesser extent central bankers will find it very difficult to stop priming the pump once things improve.
I think changes in the Chinese economy will also push up inflation as we move forward. A 2007 Report by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) has said inexpensive Chinese exports have kept inflation around the world in check. As China develops though, the cost of China’s labour becomes more expensive, pushing up costs for the huge amount of simple products it exports around the world.
How does this relate to Vancouver Real Estate?
Inflation will cause prices and rents in Vancouver to increase while fixed rate mortgages locked in before inflation hits will decline in real and nominal value at an accelerated rate. Equity will increase at an accelerated rate for those with fixed rate mortgages.
Variable rate mortgage holders would see their rates and possibly payments rise in line with Bank of Canada rate increases to combat inflation.
If inflation does re-appear it will be very interesting time in the Vancouver Real Estate Market.
I’d love to hear everyone’s thougths!
I recently posted on the stimulus pacakges being enacted around the world and it generated alot of conversation, which is great and I thank all those who participated.
I shot a video justifying my position and I’d like to share with you. I’d also like to hear what people who oppose the stimulus packages think should be done to deal with the financial cirsis we find out ourselves in.
I look forward to your comments!
*** PLEASE NOTE *** I am not a Lawyer and I am not Giving Legal Advice ***
Thinking of walking away from a pre-sale?
Before you do anything, talk to your lawyer, next talk to your Realtor, and then TALK TO THE DEVELOPER!
Some developers may have programs in place to help those who are having issues completing. The only way to find out is to ask!
The following could happen if you don’t complete:
1) You could get sued by the developer. Even if you win, you still have to pay the costs of defending yourself and we all know lawyers don’t come cheap.
2) You could lose your deposit.
Make sure when you buy something you can pay for it!
I’d love to hear your thoughts on this topic.
Who misses Carlos N’ Buds?!?
This Vancouver Tex-Mex Icon used to be situated on what is now the Onni development site at 1372 Seymour and 555 Pacific in Downtown Vancouver. 1372 Seymour Street is now a City of Vancouver Urban Garden that is part of a new City program to give developers a tax break for keeping vacant development sites as urban gardens.
According to the City of Vancouver development proposal for 1372 Seymour Street, Onni is planning on building a 33 story tower on this plot of land plus a child care facility. The link above has has the full development proposal with great drawings and pictures of where the building will be situated on the on the lot and what it will look like.
Tough to say when Onni will break ground on this one. A very well informed contact has told me that for Onni is saying that if its not out of the ground now, it won’t be coming out for some time…
I’d love to hear your thoughts!