39000% Return Even Buffet Can't Compete

[VancouverGoinUp]

Average house return buying a house in Vancouver from 1955 and holding til today. Obviously this return is going to jump by a multitude in the next few years. Last night watching the news 6 bids on a house $210,000 over asking to sell at 1.4 million - house will be bulldozed and rebuit. It just doesn't get any better than this. Maybe now some will see the light that others already know. Vancouver ain't ever going down.
Think of it 6 bids $210000 over ask price and still being bull dozed

Love it

[Spartacus]

Re: 39000% Return Even Buffet Can't Compete

must be one of those water damaged places in such bad shape that it's either bulldozer or arson.

Will the building standards be improved, do you think, or will the next building have to be bulldozed in 3 years or 2 years because of water damage?

house will be bulldozed and rebuit. It just doesn't get any better than this. Maybe now some will see the light that others already know. Vancouver ain't ever going down.

earth to Vancouver: being bulldozed for water damage is "going down", big time.

[zoog]

Re: 39000% Return Even Buffet Can't Compete

must be one of those water damaged places in such bad shape that it's either bulldozer or arson.

Will the building standards be improved, do you think, or will the next building have to be bulldozed in 3 years or 2 years because of water damage?



earth to Vancouver: being bulldozed for water damage is "going down", big time.