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I'm coming to Vancouver for a free real estate and investment seminar. Book your seat!

OCTOBER 26, 2012

Well I've been warning for some time now of the extreme risks facing the Vancouver housing market.  You can go all the way back to last year to read some of my thoughts on where that market was heading:

Vancouver housing in full correction mode

Rough day for Vancouver: Bruins, Carney, and TD all rain on the parade

Debunking the supposed drivers of the Vancouver real estate market

Now Vancouver looks set to reaps its own whirlwind as sales have fallen dramatically while inventory has ballooned.

I've been asked by David LePoidevin and The LePoidevin Group to come out to Vancouver and discuss the current state of that market, and also the broader Canadian market, in light of developing trends.  It should be a good time!  Mark it on your calendar and book your seats early.  It is a free seminar but there is limited seating available:

 

Location: Westin Bayshore Hotel, Vancouver, BC
Date:        Wednesday, November 28th, 2012
Time:       7pm

 

To read the full itinerary or to book your complimentary tickets, please visit the seminar website:

www.realestate2013.ca

 

For those who have not heard of David, he is a good friend of mine and unquestionably one of Canada's finest and most forward-thinking asset managers.  Having steered his clients clear of the tech bubble and having fully hedged their portfolios against the market downturn in 08-09, he is now hedging out tail risk posed by the Canadian housing market.  And he does it all while steeply undercutting fees charged by typical Canadian mutual funds.

I'll be discussing the real estate market and macro picture and where I see the clouds on the horizon while David will be discussing how this may affect people's portfolios and where the opportunities lie.  Below are two recent clips of David on BNN:

Bail from the banks- June 8, 2012

A warning about junk bonds- September 9, 2012

 

Spread the word!

Cheers,

Ben

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Ben Rabidoux
By Ben Rabidoux

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10 Comments

  • rp1 said:
    • 1 year, 5 months

    I'm struggling to understand what you could even say here. Your world-view with facts and figures that add up is so at odds with our reality. I think to get your message through, you'll need to have a helicopter.

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  • boomorbust said:
    • 1 year, 5 months

    Where have you been? I have a hard time believing you've been marooned on a island for years with only a ball named Wilson......

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  • Olga said:
    • 1 year, 5 months

    Good to hear! There is some topic for you as a conversation start - what a disgusting BS how they can even call it a mortgage advice, it is just a trap for the younger people:

    http://www.vancouversun.com/Ignore+market+focus+home+affordability/74539...
    First-time homebuyers should ignore market fluctuations and focus on what they can afford over the long term regardless of the purchase price, says Farhaneh Haque, director of mortgage advice at TD Canada Trust.

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  • Irena said:
    • 1 year, 5 months

    Hi Ben, any plans for similar event in Toronto?

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  • M- said:
    • 1 year, 5 months

    I wish I could go, but I'm out of town that week. If a webcast is planned, I'd love to watch/listen remotely.

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  • PetrS said:
    • 1 year, 5 months

    I would love to watch via webcast as well.

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  • Ben Rabidoux said:
    • 1 year, 5 months

    Good idea. Looking into it.

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  • Farmer said:
    • 1 year, 5 months

    I am interested in your commentary too, Ben. Can't be there though. A webcast or follow up video would be most welcome. All of us are sick of GarthTurner and his daily cynical messages. Not that the guy is all wrong...but he is a repetitive bore stuck on a single message track with no new ideas. Would be nice to hear from some new blood for a change.

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  • CanAm54 said:
    • 1 year, 5 months

    Hi Ben, got my ticket to see your presentation in Vancouver; look forward to it.

    This is my first post on your site. Thanks for all the insightful analysis and great organization of material.

    Thought you all would be interested in two articles that appeared in the Vancouver Sun today (Nov. 15) regarding personal debt loads. British Columbia is leading the way; LOC debt is increasing...sounds familiar?

    http://www.vancouversun.com/business/Canadians+going+overboard+consumer+...

    http://www.vancouversun.com/business/Consumer+debt+load+risky+territory/...

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  • CanAm54 said:
    • 1 year, 4 months

    Just got home from Ben's presentation in Vancouver. I don't know how you did it, but that 1.5 hours put it all into perspective and tied in the essence of many of the blogs that you have written about this topic and then some! The fog was lifted and I understood - brilliant work! We even got a bound colour printout of the presentation to digest later.

    For those that couldn't attend due to geographic distance, or other considerations, if you ever get the opportunity of attending one of Ben's presentations in the future, DO SO!

    Thanks to David LePoidevin, Senior VP Portfolio Mgr. at National Bank Financial for sponsoring Ben.

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