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Mayne Island Nightmare: Selling rec property in a collapsing market.
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02-17-2015, 09:14 AM,
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RE: Mayne Island Nightmare: Selling rec property in a collapsing market.
(02-17-2015, 06:00 AM)alexcanuck2.0 Wrote: Sellers (that's sellers, not delusional listers) are getting the memo. Assessments are supposed to be based on sales, and I believe for the most part they are.Alex - thank you. You may not know it, but your reply just answered a bunch of questions I have about how the property market on the Coast and Islands works. Now I get why there is what I call "shadow inventory" - and also why there's so much property on the market in the Islands. Thanks again, much appreciated - scales have fallen from my eyes! Cheers - Jimmy |
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