Just as there is a Friday Free for All there should be a weekly thread where people can post the discounted properties they come across

NEW YORK — Here's a sign of how shaky the economy has become: Wal-Mart says its shoppers are redeeming holiday gift cards for basics — pasta sauce, diapers, laundry detergent — instead of iPods or DVDs. On Thursday, the nation's retailers turned in their worst January in almost four decades as high gasoline and food prices, a slumping housing market, tighter credit and a tougher job market squeezed consumers. Sales at 43 retailers surveyed by the UBS-International Council of Shopping Centers rose just 0.5 percent in January, well below the original 1.5 percent forecast. The results — based on sales at stores open at least a year — followed an anemic 0.7 percent pace in December and were below the 2.1 percent gain for all of last year. Jill Panell, 26, a homemaker from Sterling Heights, Mich., was using a… Read more »

I remember seeing that property a few times in the Real Estate Weekly. I guess you’re in my neighbourhood!

Stop and say hello if you see two mini-peis

BC may have gained jobs in January, but that basically makes up for the job loses in December.

The actual BC employment picture:

According to Statistics Canada's latest labour force data, BC lost 33,700 full time jobs in December 2007, and despite gains in part-time jobs, BC lost a net 7,000 jobs compared to the previous month.

how potential candidates will affect Canada?

Under McCain Canadians will no longer be secretly flown to be tortured in the middle east. Our house prices will go up.

If Obama gets elected drugs will be legalized all across north america, vancouver growing expertise will make us a central supplier. Our house prices will go up.

If Clinton gets elected the US will get socialized healthcare. Our house prices will go down as elderly canadians snap up property in depressed sunbelt states.

Krrsh posts only positive news

"January employment up"

fails to mention December employment was down. Thinks a one month up after one month down is a upward trend.

"We are not the U.S."

Seems you are not aware how much Canada depends on the U.S. for its very existence. 75% of all Canadian exports go to the U.S. 60% of British Columbia's exports go to the U.S. If the U.S. goes into recession, it will take Canada down with it.

Major Price Reduction in my neighborhood

A few months ago I posted information on this listing
http://www.mls.ca/PropertyDetails.aspx?vd=&Se…
They were originally asking 799,000 a few months ago if my memory serves me correct. It may have been more but then it sat and sat and then they pulled it off the market and today I noticed it back on the market at a much lower but still ridiculous ask of 640,000.00

The realtor is the famous "Lady with the Cat"

I'm with Freako.

Bring the funny back.

Part or Full time is a STATUS of the JOB not hour of work

Don't be silly.

Important vs. Unimportant = JOB STATUS.

Permanent vs. Temporary = JOB STATUS.

Full Time vs. Part Time = HOURS WORKED.

Thus 4 combinations,

Permanent Full-Time, Permanent Part-Time;

Temporary Full-Time, Temporary Part-Time.

Also, there's "Unemployed STATUS", which can be Permanent or Temporary, either of which can lead to abberant behaviour on blogs because the blogger has too much time on his or her hands.

This and Mohicans blog are a great substitute for VHB. The one thing I really liked about this blog that we don't see as much of lately is the Pope's wicked sense of humour. Posts like that one about Australia's prices come to mind.

Did anybody go see the condo documentary that ForeignerX posted about? It sounds interesting but I had other plans friday night.

krrish1:

Interesting findings, many report x on income tax, but

3x on mortgage app.

Can you explain?

"your definition is wrong", It's not mine its stats can's definition. Over 30 hours a week is full time. The job does not have to have any definite length so two week job would qualify. Tell them if you don't agree they are the ones that tell us how many full time jobs are created so I would assume we use their definition?

Which means you ar fully employed even if your job is to end in a couple of weeks.

Definition . . . Employment is often thought of as

either full or part-time work. These labels simply

measure hours of work per week. For the purposes of

measurement, Statistics Canada classifies those who

normally work 30 hours or more per week at their

main job as full-time workers, and those who work

less than 30 hours per week as part-time workers.

Sorry my mistake its worse than I thought, only 30 hours a week.

"Statistics Canada said January’s job growth was entirely a result of increases in full-time employment"

Statistics Canada calls full time employment an employee that is employed daily for 7.5 to 8 hours a day 5 day a week. All of Vancouver's 220,000 construction workers would likely be classed as full time employment. That would include all the housing, transit,and Olympic venue employees. Almost none of these have a job after their current project is finished. How many mortgages are taken out to be paid of in less then three years? If it is the majority then I loose!

Nuff said! 🙂