Susan Sierra

I have long been a believer that real estate prices will go down. Really.far.down.

I’m sure the fact that I’m a renter accentuates that belief, but the math is just not computing. Prices have gone up too far too fast, the mortgage-to-rent ratio is completely out of whack, and household incomes are not increasing.

When the topic comes up, I’m never really good at explaining why I believe so strongly that the bubble is going to burst. Thankfully, now I don’t have to. Check out this post from a local real estate blogger. He has obviously spent hours putting together these graphs and charts and making it all look pretty clear…

Check it out here.

PS - click on the graphs to make them bigger

I stumbled upon a few things today that I just knew had to go. A box from a camera that is no longer under warranty, a pink bow from a Strawberry Shortcake doll that never makes it to her head, and some buttons from shirts we don’t have anymore.

The problem is…you can’t purge during a garbage strike! We’re already getting worried about where the garbage is going to go. It is rapidly piling up and nearing overflow.

If you’re in Vancouver…what are you doing with your garbage?

My brother-in-law Shawn (Steve’s brother) lives right by where the pipeline burst. He was the only person around with a camera and he got it all on tape. It’s pretty spectacular - you can check it out here.

He’s going to be on Canada AM tomorrow to talk about it!