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(Some Guy)   Montreal real estate market collapsing so quickly that this 'Al Louer' guy seems to own most of the Montreal buildings these days. His signs are just everywhere   (marketwired.com) divider line 15
    More: Interesting, Montreal real estate market, Montreal, GMREB Board of Directors, North Shore  
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8790 clicks; posted to Main » on 16 Jan 2014 at 10:30 AM (39 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-01-16 01:05:22 PM  
2 votes:

Flab: this is written by a realtor.  So yes, their world is collapsing around them because they can't make $100,000/wk in commissions anymore, and actually have to *gasp* schedule open-houses, and visits, and stuff, and how the Hell am I going to pay for that custom paint job on the new GLK?


Ah, then they should come down to the DC market.  I was looking for a place in the spring of last year.  All open houses were mobbed.  I mean, people lining up outside before the showing, and elbowing past each other to get a look at each of the rooms.  The realtors at these showings just sit back like kings and watch over their subjects, knowing their four hours of time was guaranteeing them a sale that was 20% over asking price and at least $10k in their pocket.

Google search results relevant:

i.imgur.com
2014-01-16 10:33:58 AM  
2 votes:
Number of people who will understand what "a louer" means here: 1 in 10000.
2014-01-16 10:32:56 AM  
2 votes:
Is this a Canadian joke?
2014-01-16 10:32:07 AM  
2 votes:
danspapers.com
2014-01-16 10:31:52 AM  
2 votes:
Love child of Al Roker and Matt Lauer?
2014-01-16 03:33:47 PM  
1 votes:
CygnusDarius:

Thanks. The interview went well (despite my connection going down a couple of times), but other than that, I'm looking at the the requirements of Canadian Citizenship.

The first requirement is X years as a landed immigrant, so you don't need to worry about citizenship for now.  I think after (3 years?  I forget, I got my citizenship in the mid 90s) you just take a multiple choice test, then have to chug 2 litres of maple syrup and stay on a mechanical moose for ninety seconds without puking and you're in.
2014-01-16 01:45:18 PM  
1 votes:
Shazam999:

Astounding really, and of course a guy like Rev.K will vote Liberal in the next federal election, who will then promptly put in NEP2, and that'll be that for Calgary.

Now we disagree. The first NEP didn't trigger the recession, it only exacerbated it. Continuing to scapegoat it and Trudeau for the recession 40 years on is farking tiresome and simple-minded. Lougheed was at least smart and created the Heritage fund to shore Alberta up against future calamities, but now that's been pissed away. By who? Not by the federal Liberals. Alberta ought to have the finest education, healthcare, and innovative research and industry in the world with all that money coursing around, but instead all we have is inflated real estate and petroleum companies biatching and moaning if we dare to skim any off. All the eggs remain in one farking basket. We're the farking Beverly Hillbillies.
2014-01-16 12:57:36 PM  
1 votes:
i49.tinypic.com
I don't understand the headline and i won't respond to it.
2014-01-16 12:42:46 PM  
1 votes:

Shazam999: Ugg, and to think, you "oversee financial and budgeting policies for my municipality."  And you're 34.  No wonder the city's finances are in the toilet.


Ok, Greenspan. Give it to me straight.
2014-01-16 12:05:19 PM  
1 votes:

Rev.K: SovietCanuckistan: The ONE investment refers to a home. A lot of people here have very little savings and they are counting on their home to increase in value without end. The average home in my city costs $527,763 (Dec 2013). People are leveraged to the tits and the only have money to pay the mortgage, not much else.

Calgary's vacancy rate at the moment is less than 1%

Calgary's unemployment is forecast to  decrease over the next few years.

Home values have continued to rise in the wake of the flood.

Home values have not substantially dropped since the crazy price increase of 2006-2007.


Calgary will be the exception to any sort of crash scenario. Growth is still strong and prices have held.


Ugg, and to think, you "oversee financial and budgeting policies for my municipality."  And you're 34.  No wonder the city's finances are in the toilet.
2014-01-16 11:03:12 AM  
1 votes:

Atomgirl: Ahhh, another french canadian hate thread. It had been a while.


Ahh the quebecois.  Was playing a pvp mmo long ago and in our oversized guild we had a guy I chatted with daily, REAAAALLLy thick hard to understand accent.  Thought for weeks that he was from norway or some russian republic.  Finally found out he was from Quebec, really threw me off.  So were all in chat, you know ganking and drinking and I start ragging on him about being french canadian and making fun of the recent politcal farkups happening there at the time.  He goes on a rant about how canada hates the quebecois, everybody farking hates the quebecois.  Its so bad he says, that even the farking quebecois hate the farking quebecois.  Its the most impolite I have ever heard a canadian get, was hilarious though.

I miss hanging out with him.
2014-01-16 10:56:43 AM  
1 votes:
SovietCanuckistan:

I guess you could call it optimism. But there are some dark clouds on the horizon for sure. Once the guys building the condos are out of work, it is going to be a shiat-spiral and nobody really knows how far down it will go.

And unlike our cousins to the south, we can't even hoard guns and ammo.   Time to sharpen that hockey stick again I suppose.
2014-01-16 10:55:22 AM  
1 votes:
Meh.  Hairy, flannel wearing white people problems.
2014-01-16 10:42:49 AM  
1 votes:
CSB:

Flew to Montreal a few years back with my son to see a concert and stayed downtown.  Upon noticing the condition of the city, we decided to have a 2 day competition:  Find any public or public works surface (i.e. benches, signs, bridges, etc) with no graffiti on them.  The final score was 0 to 0.

I was hoping for a Euro style trip without travelling so far.  Instead, we went to Detroit en francais.

You're welcome.
2014-01-16 10:35:20 AM  
1 votes:

Mangoose: Is this a Canadian joke?


I think Canada is a joke..
 
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