Sunday, December 31, 2006

polling - no trolling

image from istock.com

I'm starting out 2007 with a new, untried feature - polls.

We'll see how this works out.



What will happen to Vancouver's housing market in 2007?
Continued, rapid appreciation.
Flat/stagnant./nothing
Marginal declines (less than 10%)
Notable declines (10% - 25%)
Buyers' heaven (declines of 25%- 50%)
Who cares? - I'm a bloated flipper - becoming more bloated.
Free polls from Pollhost.com
created by at
catchy labels: ,

10 comments:

Uncertain Buyer said...

You should revise the last option, it will instigate trolling.

I am already seeing 5% declines in my neighbourhood. Maybe it's seasonal, maybe it's not.

1/01/2007 3:06 p.m.
solipsist said...

Thanks for posting u.b.

You are probably right, but thankfully, this blog has been fairly free of trolls. I just thought that it was good to be inclusive (grin).

I think that we are all waiting with bated breath, but as indicated by the poll link on your blog, it seems as if the tide to the south has very much turned - as far as psychology is concerned.

There is a lot of burn-out with the whole subject.It's hard to gauge (for me, at least). That is why it is good to see VHB back at the fray. He does demonstrative analysis, whereas I just go by my gut, and knowledge of the past.

1/01/2007 3:28 p.m.
Uncertain Buyer said...

Looks like the MSNBC Poll is up to 61% for further declines in the States.

I agree this is a tiresome subject, but there is a lot at stake. Housing is extremely expensive and will take a person his/her whole life to pay off.

Getting rooked into buying someones over priced home, in this market, will take a life time to pay for. Especially painfull when prices drop, like we are seeing in the US.

It's not if they will drop, it's when they will drop.

1/01/2007 6:29 p.m.
solipsist said...

That sounds reasonable patiently waiting. I am a bit more impatient, and predicted VE SFH down 10% - 15%, and VW SFH down 5% over at VHB's.

I will not even think of buying before the rent/own multiple is in the same area. If that never happens, I will entertain other ideas, but for now, I will remain a slightly discontented renter (with other interesting options).

1/01/2007 8:54 p.m.
solipsist said...

Yes nuab, my logical side feels the same, but I am an eternal optimist in my sunny afternoon in July world. Hope springs eternal.

1/01/2007 10:08 p.m.
Van Housing Blogger said...

My sense is similar to what y'all have said - nothing dramatic in 2007 most likely. In the US, the 'silent spring' of 2006 made lots of people wonder what was going on. Many think it will be temporary. It will take a second disasterous spring selling season and maybe a third to bleed the positive psychology dry.

1/01/2007 10:37 p.m.
solipsist said...

Good observation nuab.

I have been dreadfully pressed lately, and completely over-looked that. I was going to put Pamderson up for bc_cele too, but had not the time to put it all into context, and do a proper post. I will do a 2.0 version ASAP.

Thanks for posting all.

1/01/2007 11:47 p.m.
patriotz said...

I would have drawn the line between "marginal" and "significant" at 7% or so.

Patiently Waiting, have more patience. Look at history. In both the 80's and 90's downturns recovery didn't begin until 4 years after the peak. And this time around we're looking at the biggest housing bust (post-Depression) ever.

1/01/2007 11:57 p.m.
J.Son said...

we've already seen 5-10% in a lot of areas.. I voted marginal, I don't see prices going down by much more than 25% this year...

1/02/2007 4:40 a.m.
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11/26/2008 5:00 a.m.

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