Well, let’s just say I’ve been writing for a lot longer than I thought I would. By now, I figured all would’ve gone to hell and I’d be set to retire. With no hype to deflate, it was gonna be time to shut ‘er down. But here we are in 2008 and the sky has shown no limit. The market is foaming at the mouth. Prices are as high as ever. The best I can do is shake my head, browse some ads, and spew literary venom at the merchants of shoebox homes.
Focus Real Estate Marketing brings us today’s fodder — a Squamish townhouse and condo project called Aqua at Coastal Village — and it’s a beauty. There’s no picture of the building in the ad, just two white-shirted common laws lounging barefoot on a dock. I can’t blame them. Dropping $362,000 for Squamish’s “best value” doesn’t leave much budget for shoes. (Though apparently there’s money for Lululemon; click the amenities link on the project website for a view of a lifestyle-living fashionista locked in the downward dog.)
I want my market crash. Now.