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FIVRE604

@FIVRE604

Vancouver.

 Vancouver, British Columbia
Joined July 2010
  • Tweets12.6K
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  • Followers4.2K
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Photo by FIVRE604 (@FIVRE604)Photo by FIVRE604 (@FIVRE604)Photo by FIVRE604 (@FIVRE604)Photo by FIVRE604 (@FIVRE604)Photo by FIVRE604 (@FIVRE604)Photo by FIVRE604 (@FIVRE604)Photo by FIVRE604 (@FIVRE604)Photo by FIVRE604 (@FIVRE604)Photo by FIVRE604 (@FIVRE604)Photo by FIVRE604 (@FIVRE604)
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Price discovery for the TH owners in this building who were hoping to cash in on the Broadway plan.
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Image from FIVRE604 (@FIVRE604)
Image from FIVRE604 (@FIVRE604)
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😮
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FIVRE604 (@FIVRE604) profile pictureFIVRE604@FIVRE60418 Jul 2025
Our pre-sale market is dead. June absorption numbers ⬇️
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Developers pleading with Gov to allow them to sell our homes to those who live in an even more "Impossibly unaffordable" city. "We need the richest people in the world to buy our new builds or we can't build". Basically. Seems like a good model chapman.edu/communication/_f…
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Our pre-sale market is dead. June absorption numbers ⬇️
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FIVRE604 (@FIVRE604) profile pictureFIVRE604@FIVRE60430 May 2025
Replying to @FIVRE604
April - 97 condos sold, (March was 73) . These numbers are insane compared to our heyday
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March - "Of the 910 units released in March, only about 8% sold within the month, well below the 27% seen in March 2024 and the five-year average of approximately 41%"
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FIVRE604 (@FIVRE604) profile pictureFIVRE604@FIVRE6043 Apr 2025
Feb - 15% absorption rate. Yikes. Looks like they changed some rules to help developers.
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April - 97 condos sold, (March was 73) . These numbers are insane compared to our heyday
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"The site benefits from being located not only in the City of Van Broadway Plan but within the 800M tier for the TOA policy. Developers- Move density from this site to another site Heritage Density Transfer" !!!! 🤮
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Image from FIVRE604 (@FIVRE604)
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realtor.ca/real-estate/28299…
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Feb - 15% absorption rate. Yikes. Looks like they changed some rules to help developers.
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FIVRE604 (@FIVRE604) profile pictureFIVRE604@FIVRE60417 Feb 2025
ooof
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Perhaps, If the deposit on a home is the deciding factor, you shouldn't be buying a brand new place with a yet to be determined value at closing.
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We should increase the price of Potash by 25% if he decides to pause the tariff. We'll remove the increase when all new tariffs are gone.
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ooof
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FIVRE604 (@FIVRE604) profile pictureFIVRE604@FIVRE60410 Jun 2024
Yikes. Definitely the lowest absorption rate I've seen. May 2024 "This figure is lower than expected due to current market conditions and the timing of these launches, the majority of which occurred in the latter half of the month" Still....May is a prime launch month
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Vancouver needs more 3-6 floor wood frame. Towers suck
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Developer says his projects pencil ok because he paid a reasonable price for land, but others didn't. Solution? No suggestion to pay less for land going forward, only to drop the required 20% at affordable rates for PBR 🙄 So predictable storeys.com/vancouver-broadw…
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the 20% below market mandatory rent is inclusive of the tenants who were kicked out during the demolish/rebuild stage. What happens to them? If they change plans and build condos instead, are those people just f'cked?
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👍 Sweet deal. Freedom Mobile
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The nice thing about Freedom, you can change your plan to a better plan (assuming you didn't buy your phone from them). With Fido, I couldn't even see the deals, they were invisible to existing customers.
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