Oz Buzz #70: Whither The Markets In The US And Canada

CRASH OF TERRA/LUNA/UST WILL CRASH REAL ESTATE?; INFLATION TO STAY FOR YEARS?; TIMING? IT’S OVER; TREND IS YOUR ENEMY; CYCLES HAVE A WAY OF CYCLING UP AND DOWN; TRILLIONS LOST IN STOCKS AND CRYPTO WILL IMPACT US BIG TIME; DEVELOPERS OFFERING LOW DOWN, RAFFLE CARS; ASTOUNDING: NEW LISTINGS LOWER AGAINST 2021 BUT HIGHER AGAINST PREVIOUS 4 YEARS; EXPECT LISTINGS TO CONTINUE TO INCREASE; SF SALES PLUMMET IN VANCOUVER AND THE VALLEY; THE NUMBERS: APRIL 2022, 2021, 2020, 2019; US DOLLAR NEW HIGH; US DOLLR INDEX ALL TIME HIGH; US PENDING SALES SHARPLY LOWER; CANADIAN DOLLAR AS PREDICTED; INTEREST RATES – NEW STRESS TEST; QUESTIONS, QUESTIONS; SONG/MUSIC OF THE MONTH – OK, NOT EVERYONE’S CUP; TALEB BOOK

Hot Property: Vancouver 5-Plex $2,149,000

VANCOUVER 5-PLEX 5-Plex on East 1st Ave in East Vancouver with a CAP rate of 4.17% Potential for development of four story condos if 3-4 lots are assembled All units currently tenanted at market rent with an NOI of $89,657, fully renovated $2,149,000 lot size 33 by 124.5 COURTENAY, VANCOUVER ISLAND  Courtney, BC, SF

By |2020-12-22T17:20:20-08:00August 1st, 2018|Categories: Hot Property|Tags: , , , , , |0 Comments
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