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	<title>Comments on: Sales tank, sellers swim</title>
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	<link>http://www.greaterfool.ca/2008/06/04/so-much-house-so-much-debt/</link>
	<description>Book and Weblog - Authored by Garth Turner</description>
	<lastBuildDate>Thu, 09 Feb 2012 03:27:33 +0000</lastBuildDate>
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		<title>By: Vic</title>
		<link>http://www.greaterfool.ca/2008/06/04/so-much-house-so-much-debt/comment-page-2/#comment-46954</link>
		<dc:creator>Vic</dc:creator>
		<pubDate>Tue, 20 Oct 2009 17:39:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.greaterfool.ca/?p=256#comment-46954</guid>
		<description>#60 Al
&quot;Has an agent ever said itâ€™s not a good time to buy,&quot;

I came across this on a real estate blog recently: &quot;So itâ€™s refreshing to hear a realtor advise his clients that now might not be the best time to buy&quot;

The realtor he was referring to actually said, &quot;Weâ€™re at the peak price for this year, thereâ€™s a very poor and limited selection, and thereâ€™s not much downside to waiting it out.&quot;

 http://www.astonlau.com/

Now, the ironic thing about all this is that the realtor was wrong! Prices have gone up since that was posted.</description>
		<content:encoded><![CDATA[<p>#60 Al<br />
&#8220;Has an agent ever said itâ€™s not a good time to buy,&#8221;</p>
<p>I came across this on a real estate blog recently: &#8220;So itâ€™s refreshing to hear a realtor advise his clients that now might not be the best time to buy&#8221;</p>
<p>The realtor he was referring to actually said, &#8220;Weâ€™re at the peak price for this year, thereâ€™s a very poor and limited selection, and thereâ€™s not much downside to waiting it out.&#8221;</p>
<p> <a href="http://www.astonlau.com/" rel="nofollow">http://www.astonlau.com/</a></p>
<p>Now, the ironic thing about all this is that the realtor was wrong! Prices have gone up since that was posted.</p>
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		<title>By: wealthy renter</title>
		<link>http://www.greaterfool.ca/2008/06/04/so-much-house-so-much-debt/comment-page-2/#comment-1823</link>
		<dc:creator>wealthy renter</dc:creator>
		<pubDate>Mon, 09 Jun 2008 22:07:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.greaterfool.ca/?p=256#comment-1823</guid>
		<description>Vultur wrote: 

&quot;Your racist remarks should be highlighted and condemned. Consider practicing a fair degree of introspective analysis before emitting such harmful negativity on a public forum. Those lives are just as valuable to the universe are yours and mine.

Treat them and such and exercise more compassion. We are all one.&quot;

Start debating in good faith because this is a crock of Shit.  You have written in this site that you are a real estate &quot;Vulture,&quot; and that you go into distressed markets in search of investment opportunities.

Shall I quote you?

â€œI am a VULTURE- looking to pick up properties on the cheap after the wreckage. I never suggested there wouldnâ€™t be weakness in the housing market.â€

http://www.greaterfool.ca/2008/05/07/the-news/

Yours is not a highly noble profession, and it is predicated on people having faced foreclosure and financial ruin.  I guess you think, &quot;We are all one&quot; until people are broken and you are able to make a few bucks from their suffering. 

Your handle speaks volumes about your character and, you have NO RIGHT to judge others given your lowly profession.</description>
		<content:encoded><![CDATA[<p>Vultur wrote: </p>
<p>&#8220;Your racist remarks should be highlighted and condemned. Consider practicing a fair degree of introspective analysis before emitting such harmful negativity on a public forum. Those lives are just as valuable to the universe are yours and mine.</p>
<p>Treat them and such and exercise more compassion. We are all one.&#8221;</p>
<p>Start debating in good faith because this is a crock of Shit.  You have written in this site that you are a real estate &#8220;Vulture,&#8221; and that you go into distressed markets in search of investment opportunities.</p>
<p>Shall I quote you?</p>
<p>â€œI am a VULTURE- looking to pick up properties on the cheap after the wreckage. I never suggested there wouldnâ€™t be weakness in the housing market.â€</p>
<p><a href="http://www.greaterfool.ca/2008/05/07/the-news/" rel="nofollow">http://www.greaterfool.ca/2008/05/07/the-news/</a></p>
<p>Yours is not a highly noble profession, and it is predicated on people having faced foreclosure and financial ruin.  I guess you think, &#8220;We are all one&#8221; until people are broken and you are able to make a few bucks from their suffering. </p>
<p>Your handle speaks volumes about your character and, you have NO RIGHT to judge others given your lowly profession.</p>
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		<title>By: Al</title>
		<link>http://www.greaterfool.ca/2008/06/04/so-much-house-so-much-debt/comment-page-2/#comment-1805</link>
		<dc:creator>Al</dc:creator>
		<pubDate>Mon, 09 Jun 2008 13:03:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.greaterfool.ca/?p=256#comment-1805</guid>
		<description>From Patriotz

&quot;It is entirely the responsibility of the buyer to decide what is the appropriate price to pay for the property. The only responsibility of the agent, like all salespeople, is to correctly represent the property for sale. Take it or leave it.&quot;

CREA disagrees with you.

&quot;You can trust a REALTORÂ® to protect your interests and to look after details. &quot;  
&quot;A REALTORÂ®â€™s commitment to high standards of professional conduct works to the advantage of buyers and sellers alike.&quot;</description>
		<content:encoded><![CDATA[<p>From Patriotz</p>
<p>&#8220;It is entirely the responsibility of the buyer to decide what is the appropriate price to pay for the property. The only responsibility of the agent, like all salespeople, is to correctly represent the property for sale. Take it or leave it.&#8221;</p>
<p>CREA disagrees with you.</p>
<p>&#8220;You can trust a REALTORÂ® to protect your interests and to look after details. &#8221;<br />
&#8220;A REALTORÂ®â€™s commitment to high standards of professional conduct works to the advantage of buyers and sellers alike.&#8221;</p>
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		<title>By: David</title>
		<link>http://www.greaterfool.ca/2008/06/04/so-much-house-so-much-debt/comment-page-2/#comment-1797</link>
		<dc:creator>David</dc:creator>
		<pubDate>Mon, 09 Jun 2008 03:23:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.greaterfool.ca/?p=256#comment-1797</guid>
		<description>A lot of people choose to forget that the demographics of the Canadian housing market is almost the mirror of the now crashing US market. The national average of home ownership in Canada is 68.4% virtually identical to the peak bubble years south of the border. The number of Canadians with free and clear title to properties is 27.5% while in the USA it is 33%. There are some regional variances naturally enough in Canadian home ownership among the provinces to allay the fears of those who always assert that all housing is local. Negative savings rates and family indebtedness are similar to the USA pattern as is the pattern of issuance of zero down with extended amortisation mortgages. The same bubble insanity is alive and well north of the 49th parallel.</description>
		<content:encoded><![CDATA[<p>A lot of people choose to forget that the demographics of the Canadian housing market is almost the mirror of the now crashing US market. The national average of home ownership in Canada is 68.4% virtually identical to the peak bubble years south of the border. The number of Canadians with free and clear title to properties is 27.5% while in the USA it is 33%. There are some regional variances naturally enough in Canadian home ownership among the provinces to allay the fears of those who always assert that all housing is local. Negative savings rates and family indebtedness are similar to the USA pattern as is the pattern of issuance of zero down with extended amortisation mortgages. The same bubble insanity is alive and well north of the 49th parallel.</p>
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