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Opinions Please
04-08-2014, 11:48 PM,
#7
RE: Opinions Please
(03-07-2014, 11:28 AM)ice-queen Wrote: my quarter for what it is worth...

Thanks for the input.... I have been keeping tabs and outside of the lower mainland.
Prices have hit the wall... They seem to be just hanging there...
6 months, 8 months, a price reduction or two.
There are bumps that tend to equalize themselves out.
Like... In Kelowna, there are a lot of guys from Ft Mac install their families in the okanagan.
Then they commute by rotation back from camp.
We saw a lot of that in the 90's also.
I used to go up to the new neighbours and tell 'em...
Watch your marriage guys... The stats on the high brow hill were that within 2 years, 72% of them got divorced.
So yes, there are a bunch of Transplants but they do very little but churn the waters and support Real Estate Agents.

It is interesting how people change.
Outsiders used to come in and buy a ranchette or 7-10 acre orchard. Or a 10 acre vinyard.
There are over 100 large sized ones in rge valley and the auctions have starter. Kind of like Blueberries in the Lower mainland.
We have a friend with a $600G house on a 1 acre lot. Has every kind of fruit tree, grapevines, garden plot imaginable. Updated 14 yr old house with shop.
The question they get asked the most is... "How hard would it be to install plastic turf?"
They want to party on their rotation, not do yardwork.
They are the only ones pulling 10 G a month to make the mortgage.
Going to be interesting when all those boomers go to cash out their property pensions.
There is no demographic coming up for them.
Reply


Messages In This Thread
Opinions Please - by NolaM - 02-13-2014, 04:35 AM
RE: Opinions Please - by NolaM - 02-13-2014, 09:10 AM
RE: Opinions Please - by Skook - 02-13-2014, 11:17 AM
RE: Opinions Please - by NolaM - 02-13-2014, 06:29 PM
RE: Opinions Please - by NolaM - 02-20-2014, 06:50 PM
RE: Opinions Please - by ice-queen - 03-07-2014, 11:28 AM
RE: Opinions Please - by NolaM - 04-08-2014, 11:48 PM

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