
Hey Hey... wanted to give you guys a feeling of how much construction is on the go here. 15 years ago, those buildings weren't there. And most of the towers you see are condos. It's crazy how much money is floating around here. Funny thing is, it's not Canadians who have it. I guess everyone is familiar how Hong Kong was given back to China. Well, before the official date came, there was a rush of Asians to this country (Canada was easier to get into than the States). And the conversion factor of the Yen (or whatever their currency was) to Canadian Dollars is sick. Hence you see a lot of Asian kids (and I mean kids) driving around in Beemers, Benz, Porsches... the list goes on. So that's why the property market exploded. You can't really expand out of Vancouver because it's already bordered by a number of communities, so the only option is to buy whats around you... at inflated prices. Everyone is talking about the bubble bursting, but I can't see it happening anytime soon. There's just too much money here now, and not enough property. Towers are going up at an alarming rate. That's where my company, MH, comes in. We make sure the contractor builds it to code and doesn't cut any corners. And we make a lot of money doing it. To put it in perspective, I've seen window test in NL go around $200. That's cause it's mostly residential home owners. Our company charges more than 10 times that amount - per window. Anyway, I'm starting to ramble. Check you on the flip side.
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