*PLEASE RATE THIS VIDEO & COMMENT* This is a roller coaster simulation of the last 35 years of the Vancouver Real Estate market. The actual graph you’re riding is the inflation adjusted value of a house in Vancouver BC based on data collected by Royal LePage and calculated by the UBC Centre for Urban Economics and Real Estate. Some of the peaks and troughs have been rounded to keep the train from flying off the tracks, but other than that slight modification it is a precise scale model of the red line on this graph: cuer.sauder.ubc.ca/cma/data/ResidentialRealEstate/HousingPrices/housing-pri-vancouver.pdf Recent talk of a Canadian housing bubble calls for a look at the history of our bubbliest city: Vancouver BC. When the housing bubble of the early eighties popped in this city some house prices dropped by 50% over the next couple of years and didn’t reach their inflation adjusted real price again for 25 years. What would a real estate market bust look like these days? This video was created using NoLimits Roller Coaster Simulation software: nolimitscoaster.com/
WOAAAAH THIS IS REALY EXITING AND COOL!
so amazing. if it were real i would pee my pants.
I toronto next
13 ppl just bought houses in Vancouver
houses in Vancouver are over priced and people thought it was because of the Olympics and there for no one will buy a over priced house forcing the prices to lower.
Vancouver real estates don’t make MUCH MONEY they just started to because of the boom but before they were making a modest sum and will likely continue once the market here in Vancouver dies down.
My fav place to live in greater vancouver area is richmond. its close to airport, just beside vancouver not far for downtown. safe neighbourhoods. used to be undervalued but somehow the price went up 200% these couple year. mainlanders chinese capitalists(used to be poor communists 20-30 years ago) are buffing the price in richmond.
wooooooO!
I am assuming some people watched this while stoned, especially the ending, lol.
y Ale później umarliśmy
also since vancouver is over due for a earthquake. this city will most likely be under water… great vid
@lockerjesse11 ahhh you dont know wtf ur talking about there mr
the end scared me
Vancouver real estate will plummet in due cost. We will experience a 50+% reduction of prices! There are sources at work that will cause real panic and they will sell before it gets worst. Forget about China buying up real estate..they will self- destruct in time.. Now is the time to sell real estate if you own them and use the funds to buy gold. I see a dark time coming very soon! Your $900,000 home will only be worth $450,000 or less! Mark my words.
Baby boomers hate their kids and have destroyed our future with this housing manipulation. A revolutionary generational war is our only imperative.
I really appreciate the idea of presenting real estate ideas to a roller coaster concept. Nice Video!
I’m surprised the water part wasn’t 2012
@9234The WHAT THE HELL ARE YOU SAYING!???????
Such a No Limits -rape.
I seen it coming 20 years ago! Hong Kong remember! It’s Vancouver, even if you want to come back there is no future to be a land owner in a life time. Those dreams went away back then! God help us but praying won’t. Welcome to Lotus Land?
Neck Breaker
All for Phuong.
weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeenot
i made fun of him hes amongs the ppl that wear yellow jackets and are chinese with glasses out of respect or nerds and i must have called him a fukin chink or something to look cool is what il say now but more than that and um hes like think i made fun of him and the cunucks represent his anger or his daughters boyfriend ahahaha I found miss lau in young Chinese porn aahaha and um why I say this . Im ma stop
i think he thinks i bullied him and he might be delusional and he looks like a drunk chug ahah