tag:blogger.com,1999:blog-7588496932754350322.post4561400981849297570..comments2023-09-10T03:39:48.166-07:00Comments on Alberta Bubble: Weekend Open ThreadUnknownnoreply@blogger.comBlogger170125tag:blogger.com,1999:blog-7588496932754350322.post-59439193108972890292007-07-04T08:10:00.000-07:002007-07-04T08:10:00.000-07:00somebody is realy trying to drag down this sitedon...somebody is realy trying to drag down this site<BR/>dont respond<BR/>he sounds like a disgruntled and totaly foolish person<BR/>it will be good when he can post elsewhere and be amongst his ownsquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-26272962363037492812007-07-04T07:55:00.000-07:002007-07-04T07:55:00.000-07:00This comment has been removed by the author.worldclasshttps://www.blogger.com/profile/04578447684885648176noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-69567541642353225272007-07-04T07:52:00.000-07:002007-07-04T07:52:00.000-07:00This is indeed me posting...that is how I write. ...This is indeed me posting...that is how I write. Please go check the Truman blog and compare for yourself.worldclasshttps://www.blogger.com/profile/04578447684885648176noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-63475062523247670982007-07-04T07:33:00.000-07:002007-07-04T07:33:00.000-07:00Gloria, maybe its time for a new thread? This one...Gloria, maybe its time for a new thread? This one is not very interesting to read anymore.ronniehttps://www.blogger.com/profile/08647402568132078965noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-39540179506269004062007-07-04T04:21:00.000-07:002007-07-04T04:21:00.000-07:00My point was not that Calgary and London are twin ...<I>My point was not that Calgary and London are twin cities- it was that there is strong, determinable value in condo/apartments because of LOCATION.</I><BR/><BR/>And what "location" in Calgary is in any way comparable to London?<BR/><BR/>In terms of amenities Calgary is comparable to Houston or Dallas, which as another poster pointed out are less than 1/2 the price.<BR/><BR/>As someone once said, "there is no 'there' there".patriotzhttps://www.blogger.com/profile/11154064267408955762noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-86314378673837451882007-07-03T23:31:00.000-07:002007-07-03T23:31:00.000-07:00And again it happened. Somebody is impersonating ...And again it happened. Somebody is impersonating me once again. I beg the hostess of this site, and all participants on this site to make these impersonations stop.<BR/><BR/>I'll send you my real name, my real email address and my real phone number, all of which Bob Truman has, if you (the hostess of this site), will only stop this person from impersonating me...and give me 5 minutes with him in the back alley.<BR/><BR/>I think I know who it is, and I KNOW the hostess of this site knows who it is. I think everybody who participates on this site knows who it is.<BR/><BR/>Either this kind of shenanigans will be allowed on this blogsite forever, and this blogsite will collapse from sheer shame, or somebody will take charge, and never again allow anybody to impersonate another.<BR/><BR/>I'm sick of these impersonations, and I'm even more embarassed for the people who got caught up in them earlier, and trashed me further. Talk about sheep! Shall I name you?Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-67042649573522688212007-07-03T23:19:00.000-07:002007-07-03T23:19:00.000-07:00WTF?!WTF?!al bundyhttps://www.blogger.com/profile/02090806371467893425noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-38579977204583160552007-07-03T23:18:00.001-07:002007-07-03T23:18:00.001-07:00What is wrong with you?What is wrong with you?al bundyhttps://www.blogger.com/profile/02090806371467893425noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-51186670117705634452007-07-03T23:18:00.000-07:002007-07-03T23:18:00.000-07:00Stop that!Stop that!al bundyhttps://www.blogger.com/profile/02090806371467893425noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-40455923319016525482007-07-03T23:16:00.000-07:002007-07-03T23:16:00.000-07:00Am I me?Am I me?al bundyhttps://www.blogger.com/profile/02090806371467893425noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-17851970129131215232007-07-03T23:01:00.000-07:002007-07-03T23:01:00.000-07:00How's a person even to know for sure, on this site...How's a person even to know for sure, on this site?Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-53077919032215684022007-07-03T22:52:00.000-07:002007-07-03T22:52:00.000-07:00I doubt that was even worldclass who made that las...I doubt that was even worldclass who made that last post.Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-14428285293002230982007-07-03T22:28:00.000-07:002007-07-03T22:28:00.000-07:00Al, I agree with you at YOY is absolutely relevant...Al, I agree with you at YOY is absolutely relevant in MOST cases. And I really respect your replies here and on Truman's site.<BR/><BR/>But the fact I'm trying to get across is that 2006 leading to 2007 was such a crazy year, that a comparison to 2006 is NOT relevant.<BR/><BR/>As an example, you talk about seasonality. Fine... well 2006 summer season (usually the "doldrums") was actually one of the most active times for real estate. This goes against your seasonality thing. Does that mean that I can compare YOY to it? No. But this is what MSM always compares to in articles for the lay-person regarding AVG prices.<BR/><BR/>So for the seasonality thing you choose to omit 2006 summer, saying that this summer is just the usual doldrums, which is perfectly correct. But, then why not omit the other things that happened in 2006-2007? MSM keeps using YOY as a pump saying "24% increase compared to may 2006" using the NEW stats too. Of course there' s a huge jump, the bulk of price increases happened AFTER May 2006.<BR/><BR/>I don't know about you, but I would NOT buy into real estate if Month-over-Month I saw 5-10,000 dollar depreciation. But wait... who cares, lets just look at YOY because MOM is useless? Comon, really now? You really going to buy a house if you saw that the prices were falling monthly? I know the lay-person would definitely not.worldclasshttps://www.blogger.com/profile/04578447684885648176noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-85213303080062913102007-07-03T22:05:00.000-07:002007-07-03T22:05:00.000-07:00Thanks for the tip Bearclaw. But how many people ...Thanks for the tip Bearclaw. But how many people go to that trouble? To check me out?<BR/><BR/>In the meantime, people read things seemingly coming from me, and my reputation is trashed by somebody who wants me trashed.<BR/><BR/>Anyway, I think I can overcome that.<BR/><BR/>What a great and honest question you asked. Here's my most honest answer:<BR/><BR/>I don't have the stats for Edmonton, but I have the stats for Calgary. Those stats are like this (exactly)for single family homes in Calgary. I hope you'll not think I'm trying to present anything in a lying fashion. I don't know what stats you want, but this is the stats for residential combined (single family homes and condos in Calgary). These are taken from the only stats we had at the time... CREB:<BR/><BR/>None the less, the pattern is similar to what you presented. See what you think:<BR/><BR/>2003: + .63%<BR/>2004: + 10.23%<BR/>2005: + 17.32%<BR/>2006: + 32.12%<BR/>2007: + unknown (probably about 22%)<BR/><BR/>My personal opinion, after watching big markets like this for over 35 years is that they just don't hit an iceberg and sink with no warning.<BR/><BR/>All I'm saying Bearclaw is that all I'm seeing right now is the natural and typical summer slowdown (8 years in a row now.<BR/><BR/>It never ceases to amaze me how people panic in the summer. It's just lack of knowledge about the seasonality of it all.<BR/><BR/>I'd love to be a contributor here, but as long as the hostess allows somebody (anybody who wants to) to impersonate me here, and bash the shit out of me here, I won't be contributing here long.<BR/><BR/>Anyway, I owe you a debt BC for spotting that impersonation, and pointing it out to others. If it weren't for that, I wouldn't have even posted this info here.<BR/><BR/>Best wishes always,<BR/>AlAlbertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-73331319750888336962007-07-03T21:49:00.000-07:002007-07-03T21:49:00.000-07:00the lazy scumthe lazy scumsquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-35934306140369969752007-07-03T21:32:00.000-07:002007-07-03T21:32:00.000-07:00Al,Would you consider 2006 to be an anomaly? I su...Al,<BR/><BR/>Would you consider 2006 to be an anomaly? I sure do. Looking at past charts there was no indication of how extreme 2006 was going to be. So if there can be surprises to the upside its possible that surprises can happen on the downside.<BR/><BR/>As for big ship. It only took 1 year to go from 10% to 50+% in Edmonton so I fail to see a regular momentum pattern. Really good for you if you spotted it but I don't see a pattern even after the fact. Any specifics for Edmonton? <BR/><BR/>2003 8%<BR/>2004 10%<BR/>2005 10%<BR/>2006 50%<BR/>2007 ???<BR/><BR/>Personally I think looking at rents, lending standards, economic growth, and new supply as more useful than numbers alone. Of course these indicators are all pointing in different directions in Edmonton!<BR/><BR/>For your comments all you have to do is click on the user name to see if they are they are from the same user.BearClawhttps://www.blogger.com/profile/15714953167582532109noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-55050857153701793392007-07-03T21:19:00.000-07:002007-07-03T21:19:00.000-07:00my only hope is that some of my postings herehave ...my only hope is that some of my postings here<BR/>have prevented some young families from financial suicide<BR/>these bums want to lay at home as you work<BR/>they dont work<BR/>they booze and drink starbucks coffee<BR/>at your expence<BR/>they are lazy and repulsive<BR/>flipping is a disgusting business<BR/>the lowest and laziest of us all resort to re flipping<BR/>they cant hold a job and want your free easy money<BR/>its a con-game<BR/>run bye con-men<BR/>a ponzi scam<BR/>a game of cards<BR/>dont give in to these losers<BR/>the scum of scumsquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-39516409153875494662007-07-03T20:36:00.000-07:002007-07-03T20:36:00.000-07:00read this..tinyurl.com/444qjits a bad time to buyr...read this<BR/><BR/>..tinyurl.com/444qj<BR/><BR/>its a bad time to buy<BR/>read all 6 pagessquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-80514399185861359862007-07-03T19:44:00.000-07:002007-07-03T19:44:00.000-07:00Squidly77,I agree- a spike in listing activity cer...Squidly77,<BR/><BR/>I agree- a spike in listing activity certainly foretells a slowly of price appreciation. However, it certainly DOES NOT foretells a drop or worse a collapse of prices. It's a pause, nothing more. Time will tell if units get absorbed.<BR/><BR/>Brent,<BR/><BR/>Best of luck with your contract work. You are in the minority. There are more jobs in Calgary than people to fill them. Perhaps not in your field- not in mine either!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-7757763247922931232007-07-03T19:40:00.000-07:002007-07-03T19:40:00.000-07:00--------Talk to me when you actually have made mon...--------Talk to me when you actually have made money with stocks or real estate, I have no more time to share my knowledge with a wannabe big time talker.---------<BR/><BR/>LOL. If you only knew...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-77486997237632046742007-07-03T18:52:00.000-07:002007-07-03T18:52:00.000-07:00just looked at your postyou didnt say anythingit s...just looked at your post<BR/>you didnt say anything<BR/>it seems like you want to get trashed ?<BR/>as a rule very few get trashed here<BR/>must be different at your blog i guesssquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-89812021139536731672007-07-03T18:36:00.000-07:002007-07-03T18:36:00.000-07:00of course this one is relevent...tinyurl.com/2yuhy...of course this one is relevent<BR/><BR/>...tinyurl.com/2yuhyn<BR/><BR/>now at 8,129squidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-41347528831435256722007-07-03T18:31:00.000-07:002007-07-03T18:31:00.000-07:00tinyurl.com/yku9aqtinyurl.com/yku9aqsquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-39817564185385702242007-07-03T18:24:00.000-07:002007-07-03T18:24:00.000-07:00In all due respect Bearclaw, I can only base my st...In all due respect Bearclaw, I can only base my statements on past performance and charts. I've never pretended to know what is going to happen.<BR/><BR/>But the charts often show patterns that are pretty much undeniable... in otherwords, they repeat and repeat year after year.<BR/><BR/>True, that doesn't mean this year has to follow the pattern of the past 8 consecutive years.<BR/><BR/>But for me personally, I see some value in those past patterns... hoping that this year is not something strange, right out of the blue, and therefore different than the past. It this year produces some sort of total aberation, I might lose my shorts.<BR/><BR/>I still think year over year stats are very important, because it gives us an idea of the speed and momentum of the big ship, (whether or not momentum is slowing or gaining).<BR/><BR/>Month over month is a useless stat, because every summer we go into this same summer doldrums (slow sales) period. Month over month stats are too fine (too close of a microscopic look). It's nothing to worry about, in my opinion.<BR/><BR/>It's the bigger picture we have to be watching. And so far, I don't see the real estate market anywhere near crashing, although I sure do see it slowing.<BR/><BR/>Of course, I'll get trashed for my opinion, but I don't mind. It all makes sense to me, although I truly value the opinions of others.<BR/><BR/>Thanks for spotting that imposter post Bearclaw. I really appreciate that.<BR/><BR/>AlAlbertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-11353598225121905422007-07-03T16:57:00.000-07:002007-07-03T16:57:00.000-07:00Al,To be fair I don't think MOM or YOY price chang...Al,<BR/><BR/>To be fair I don't think MOM or YOY price changes are all that important predictors. If you think a product is fairly priced buy it, if not don't.BearClawhttps://www.blogger.com/profile/15714953167582532109noreply@blogger.com