Comments on: The killer condo http://www.greaterfool.ca/2008/11/17/the-killer-condo/ Book and Weblog - Authored by Garth Turner Wed, 08 Feb 2012 20:01:56 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: HJD http://www.greaterfool.ca/2008/11/17/the-killer-condo/comment-page-2/#comment-9987 HJD Mon, 24 Nov 2008 15:59:43 +0000 http://www.greaterfool.ca/?p=816#comment-9987 OK. Managed to sell my BC rental condo (15% below asking price) and now have $257,000 in cash. Have no debt and not in the stock market. Where should I park this money? OK. Managed to sell my BC rental condo (15% below asking price) and now have $257,000 in cash. Have no debt and not in the stock market. Where should I park this money?

]]> By: $fromA$ia http://www.greaterfool.ca/2008/11/17/the-killer-condo/comment-page-2/#comment-9540 $fromA$ia Wed, 19 Nov 2008 16:39:09 +0000 http://www.greaterfool.ca/?p=816#comment-9540 Merrideth, if you bu today in Vancouver, you can change your name to Megadeath! Merrideth, if you bu today in Vancouver, you can change your name to Megadeath!

]]> By: Bottoms_Up http://www.greaterfool.ca/2008/11/17/the-killer-condo/comment-page-2/#comment-9535 Bottoms_Up Wed, 19 Nov 2008 16:24:08 +0000 http://www.greaterfool.ca/?p=816#comment-9535 Hi JaG, My only point is that we are a tiny populace with an over-abundance of land/water/resources. I don't think we need to worry about 'urban sprawl'. I agree that food issues are important, and good farm land should be preserved, but why should I have to live squeezed into a crappy little condo? Can't I provide some open space for my kids to enjoy and grow up in? Toronto is Canada's biggest city, yet pales in comparison to the size and sprawl of dozens of US cities, and for that matter others around the world. I think sprawl is the least of our concerns... Hi JaG,
My only point is that we are a tiny populace with an over-abundance of land/water/resources. I don’t think we need to worry about ‘urban sprawl’. I agree that food issues are important, and good farm land should be preserved, but why should I have to live squeezed into a crappy little condo? Can’t I provide some open space for my kids to enjoy and grow up in? Toronto is Canada’s biggest city, yet pales in comparison to the size and sprawl of dozens of US cities, and for that matter others around the world. I think sprawl is the least of our concerns…

]]> By: Just a Girl http://www.greaterfool.ca/2008/11/17/the-killer-condo/comment-page-2/#comment-9530 Just a Girl Wed, 19 Nov 2008 15:51:36 +0000 http://www.greaterfool.ca/?p=816#comment-9530 #65 Wealthy Renter wrote: "There are other quality living arrangements between a shoebox in the sky and an ugly, sprawling McMansion on a ½ acre. " ====== Personally, I agree the concept of European townhouse style living with community spaces has considerable merits. I haven't actually stated my personal opinion, in my previous posts :) I'm just asking questions to see why things always seem to fall in two camps. For example, renting versus buying, or condo versus house, etc. We have a very complex society that involves value choices in social, economic and environmental considerations. In any choice, we have a value position at some point on the spectrum. I think for people to make informed decisions (ie. be informed voters, citizens, participants in development) they need to spend some time asking questions, and being critical thinkers. I've been reading this blog lately because there is a lot of passionate expression of opinion, but also, good information shared about economics, in the debate between renting versus buying. I am learning a lot about world financial markets, in this sharing. In general I think society needs more healthy debate, and the internet seems to have created the opportunity for an open and accessible forum. I may have an opinion or a value position, but it can be changed when I am exposed to new sources of information, or thoughtful analysis and synthesis of related information pieces. I don't know why, but I find the conversation coming out of this recent real estate bubble fascinating. #65 Wealthy Renter wrote: “There are other quality living arrangements between a shoebox in the sky and an ugly, sprawling McMansion on a ½ acre. ”

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Personally, I agree the concept of European townhouse style living with community spaces has considerable merits. I haven’t actually stated my personal opinion, in my previous posts :) I’m just asking questions to see why things always seem to fall in two camps. For example, renting versus buying, or condo versus house, etc.

We have a very complex society that involves value choices in social, economic and environmental considerations. In any choice, we have a value position at some point on the spectrum. I think for people to make informed decisions (ie. be informed voters, citizens, participants in development) they need to spend some time asking questions, and being critical thinkers.

I’ve been reading this blog lately because there is a lot of passionate expression of opinion, but also, good information shared about economics, in the debate between renting versus buying. I am learning a lot about world financial markets, in this sharing. In general I think society needs more healthy debate, and the internet seems to have created the opportunity for an open and accessible forum. I may have an opinion or a value position, but it can be changed when I am exposed to new sources of information, or thoughtful analysis and synthesis of related information pieces.

I don’t know why, but I find the conversation coming out of this recent real estate bubble fascinating.

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