Friend, get a clue (and a therapist). You get upset way too easily and exaggerate a bit too much, which doesn’t lend much credibility to your rants. Nobody believes you.

By the way, didn’t you post earlier that you were taking your toys and leaving this blog for good? Or did I misread that, too???

Good luck and best wishes for “continued” success…

Talking to my fellow immigrants I know how louse lending standards are in Canada. Would it benefit me if I take mortgage that I can not repay, It’s like making a bet with taxpayers’ money, if I loose I do not pay (except small prepayment), if I win and prices go higher – it’s all mine.

Another feeling is that we will not see this long predicted Crash for soooo long that we all tear our hairs in rage for injustice of this world and dumb economy that does not follows the laws and logic.

Finally the crisis is more than subprime and lending. It’s about change of post Breton woods arrangements in the world and the end of free trade which is unsustainable anymore. 3 trillion per year were issue in the USA to finance its’ economy by foreign goods. This dollarization of the world has come to an end and the banks in the US will write down 15 trillion of bad loans, over the many years of course, So think big.

Nice dialect. Most credible. — Garth

First off, let’s get this straight. One can buy a place in London, England anywhere from 500,000 to 125,000,000 pounds. If I bought a place in London for 500,000 pounds, I would have a place in London. One can buy a place in Monaco for as little as 650,000 euros, it doesn’t have to be a castle or villa -and voila you are an owner. Tokyo, Singapore, Mumbai -wherever you like, a couple million CDN $max gets you an abode.

Think about it for a minute, genius, how could anyone (other than very well-to-do) afford to live live there if it was otherwise? I travel regularly to major international cities and, as RE development is part of what I’ve done successfully in life, I generally notice RE prices when I travel.

Read what I wrote and stop wasting your time on trying to catch me out. I did not say that I could buy the MOST EXPENSIVE place, that would be boasting and possibly inaccurrate, depending on the market. What I did say was that I could buy a residence ANYWHERE and I stand by that.

Again, enough of your tedious and desperate bs trying to discredit me. That type of behaviour is really the last bastion of hope (or attack) for the small minded. You have no idea of my financial capacity and yes, as point of fact, I can afford rather a lot. So can a lottery winner-So what! My point was that I can buy anywhere, but I’m not buying anywhere right now based on my RE experience, that is all! I did not mention a price range nor put on a qualification of price- you did. Again, don’t try to put words in my mouth.

My posted comments were in no way meant to be boastful, but rather a personal opinion based on 25 years of land development experience, but perhaps inelegantly or awkwardly expressed on my part. I’m not a jounalist, never professed to be and , hey, I’m not being paid to post here!

Your inability to read, comprehend and be objective in a discussion of this nature – and with a complete stranger to boot – makes me more than a little suspicious about your business experience claims. Your ad hominem attacks, inability to discern attempts at humor or sarcasm (however bad they may be), assumptive reasoning and thin skin exacerbate my suspicions about your business acumen and social abilites as well.

But, enough about me and your attempts at charachter assasination. How about you hotshot? What qualifies are your OPINION or upon what experience are your OPINIONS based? Experience in the industry, the financial end, what? Great success? Pray tell.

As to my personal life, I enjoy it and have a real laugh being mischevious and getting dopes like you all riled up about a conversational topic.

Aside from my little jabs here and there which are not well received in some quarters on this blog, their purpose is to make people stop and think about what they post here and, perhaps while they are not the best way, to make people accountable for their (often faulty) thought processes and concepts.

Mike, face it, you are out of your depth here. You don’t address comments I make to your posting – you come out swinging like a hurt little boy and you sound pissed off, juvenile and insecure. Don’t worry fella – maybe one day your ship will come in! Till then wallow in whatever muck you have made of your life.

Gee, you sound really upset in some of your postings (and you have admitted it); – I sincerely hope things are looking up for you and yours. Sounds like you don’t handle adversity too well.

I await your inevitable diatribe.

The exchanges between you two make this blog!

It is obvious that beneath the barbed repartee,you are kindred spirits who respect each other, albeit with differences that could be resolved over a beer.

So,hopefully, by establishing a few ground rules we all learned in kindergarten,you will BOTH continue to enlighten us with your obvious intellects and expertise to give we plebians a heads up on what to expect in our financial futures – we sure ain’t getting it from the politicians or financial “leadership”.

Unite,dudes.