302 Responses to “The continents most ‘severely unaffordable’ market”
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January 28th, 2009 at 10:47 pm
And yes, just as you suspected I’m part of the vast bleeding heart left-wing marxist conspiracy to hide the ‘truth’ about people that have different colored skin than you and weren’t blessed to be born in the same town as you.
=======
Suspicions confirmed
10-4
January 28th, 2009 at 10:43 pm
Strataman: I voted you up, you all want me to close the blog now?
ATTENTION ALL READERS: Please do not mistake my enthusiasm for free speech (more accurately my lack of enthusiasm for actively policing comments on this site) as endorsement* for race-baiting, trolling and ranting about subjects as far off topic as immigrants coming here to take your job**.
I’m not currently deleting comments, but asking nicely for now: keep your comments focused on economics and real estate and try not to generalize about various racial groups if for no other reason than it has nothing to do with the topic at hand. If you want to discuss immigration issues, I’m sure you can find a more appropriate blog to rant on.
And yes, just as you suspected I’m part of the vast bleeding heart left-wing marxist conspiracy to hide the ‘truth’ about people that have different colored skin than you and weren’t blessed to be born in the same town as you.
*I should also note here that the REBGV does not endorse race-baiting, trolling and ranting as far as I know
**by the way, maybe they’re coming to take your job because they’re willing to actually work instead of just trying to look busy as they browse the web all day.
January 28th, 2009 at 10:03 pm
Lily Pad
Squirrel recipes?
Yes:
Garth had sauteed sweetbread and entrails.
Shaved tail as garnish.
Head with parsley clutched in the jaws.
Yum!
January 28th, 2009 at 10:02 pm
Kuroame:
There’s a big difference between saying “the system is biased against middle class males” and “I don’t like brown people”. If you can’t see that, well that’s your problem I suppose.
I actually was with a COlombian refugee for quite some time. I helped get his family into the country. The all worked like hell because they were proud and didn’t want a handout.
However, there were a LOT of people in that community scamming the system. So many my ex is embarassed. He mentioned it Xmas Eve.
Pretending there’s a serious problem won’t make it go away…. and neither will implying anyone who points it out is racist.
The reality is, I paid into that fund my whole life. One of the “counsellors” actually said if I had sat on my ass and just filled out the online form I would get benefits.
Instead, like an idiot, I told the truth and tried to find a way to improve my situation and get off EI. You shouldn’t really offer your opinon on the situation because frankly it’s obvious you haven’t any exposure to the situation. It’s a typical reaction and frankly it’s predictable.
The truth is, if you’re middle class and male the system isn’t set up to help. If you’re an alcoholic fisherman on the East Coast, you’re fine. If you’re a one legged whore on Hastings there’s a program for you. However, if you’re smart and independant and just need some help to tide you over while you make the adjustments to your career that you know you need to make, you will never, ever get the help you need. Your money was cllected to:
1) Pay down the debt
2) Fund an enormous layer of incompetants build up of subliterate high school dropouts who found their way into the civil service
3) Fnd a ton of touchy feely programs designed to do things that look good but are in fact a waste of resources, like try and teach fishermen computer skills
The system is set up to TELL you what you need, which works great if you aren’t smart and need someone else to tell you.
And for those who are asking, this is relevant to the blog because the middle class is going to get absolutely slaughtered in this recession and they’re all about to discover the great social safety net they told themselves existed does not in fact exist for them at all.
And THAT, my dears, will kill the condo craze.
January 28th, 2009 at 9:57 pm
284 john Says:
January 28th, 2009 at 7:31 pm
Just got back from Shanghai. I was checking out the SUV market there and it’s exploding. Everyone wants and SUV. As luck would have it I have many so I can supply them readily. I also own lots of condos in Vancouver which they all want as well. It’s good to be me.
==============================
John…the SUV market and it’s exploding?
You have it confused with a 1972 Ford Pinto.
January 28th, 2009 at 9:16 pm
NO -LYMPICS: I missed the show. Did you get any good recipes?
January 28th, 2009 at 8:44 pm
Sidelines: “where the f*ck does it say anything even remotely close to that?” See, I noticed that too, just like how blackdog’s main article reference was to a snopes.com page that absolutely disagreed with his point. But you see, he’d have to read past the first sentence on the page to figure that out. Like, one *word* past the first sentence.
I’m assuming blackdog and StopTheScammers are the same person, there’s just too much consistency there.
January 28th, 2009 at 8:37 pm
Sidelines: “And, yes, someone please moderate this blog! I agree, the refugee chat belongs elsewhere. Having said that, what to do with bigots who post crap? Ignore?”
They don’t go away if you ignore them, but taking them head on seems to encourage sock-puppetry, and even if you nail them on their “facts” they ignore that they’ve been caught out. Since rational argument isn’t possible and moderation isn’t likely, ignoring them probably makes the most sense.
It is too bad though, it poisons the discussion and drives away people who may have useful on-topic content to share but who are offended by all the trash.
January 28th, 2009 at 8:27 pm
PRAISE THE POWER OF THE ONE. I along with everyone on this blog should praise the one as he comes riding to save the world. 800 BILLION DOLLARS will be spent so that others may live. You must bow before the one and cheer the second coming. It is clear the one has come to save the world. It’s like heroes but REAL.
January 28th, 2009 at 8:25 pm
StoptheScammers:
In a weird way, it’s kind of fun to read your crap.
“Yes it goes into detail how being threatened by drug cartels is good and being persecuted because you are homosexual is good too.”
Damn! I just can’t help it, I’ll feed you, troll: where the f*ck does it say anything even remotely close to that?? Tell you what, post a link and give us the paragraph number so we can all check this out, Billy Bob. I checked your link. Waste of my time, yes, but I checked. What you talk about, the homos, the druggie stuff, it no there, muchacho! You say it there, but it no there. ¿Por qué?
January 28th, 2009 at 8:10 pm
The Port Mann Bridge/Highway 1 expansion project includes constructing a bridge adjacent to the existing Port Mann Bridge and widening the highway.It also involves upgrading interchanges and improving safety between McGill Street in Vancouver and 216th Street in Langley, a distance of approximately 37 kilometres.
January 28th, 2009 at 8:04 pm
And Sidelines …
All they have to do is get here and there’s NADA forking thing we can do to get rid of them for 2 years. And they know it.
50,000 refugees this year, 35,000 of em scammers. Yeah we got a problem all right, particularly when there’s NO FUKKIN WORK FOR CANADIANS you judgmental pulpit pounding dope.
January 28th, 2009 at 7:57 pm
Sidelines and Refugees …
Are you too lazy to support your rubbish with actual facts er what? The facts are rock solid. Check out the summary at
http://www.irb-cisr.gc.ca/en/m.....acts_e.htm
Your get material like …
“In 2005, the top five countries of origin for refugee protection claims made in Canada and referred to the IRB were Mexico, China, Colombia, Sri Lanka and India.”
Click down to “frequently asked questions”
http://www.irb-cisr.gc.ca/en/a.....ndex_e.htm
Yes it goes into detail how being threatened by drug cartels is good and being persecuted because you are homosexual is good too.
Like I said, we probably have a rush of ex-drug dealing Mexican homosexuals being granted refugee status. Butt seriously. If I were a lawyer thats exactly what I would telling my client.
January 28th, 2009 at 7:48 pm
And, yes, someone please moderate this blog! I agree, the refugee chat belongs elsewhere. Having said that, what to do with bigots who post crap? Ignore?
Anyway, in the interest of good ‘ol RE discourse, any guesses as to when we might begin to see detached homes west of Main below 600K?
January 28th, 2009 at 7:37 pm
StoptheScammers:
Are you intentionally trying to mislead with your links or what?!
The only reference I found to “drug cartel” when searching the site you refer to at comment #237 is in regards to a judicial decision that found that denouncing drug kingpins amounted to political expression because in the country in question, corruption was so pervasive that doing so had the same effect as undermining the government’s authority (see this link and search for “drug cartel” http://www.irb-cisr.gc.ca/en/r.....ef04_e.pdf )
So, what gives? Are you just thick? Do you have problems with reading comprehension? Are you just posting links hoping people think you’re actually supporting your statements with facts, and hoping no one checks? What??
My question to others here is this, what is more worrisome, a dim-witted bigot or a clever one?
January 28th, 2009 at 7:32 pm
*CMHC regional economist Carol Frketich says things will improve.
* Vancouver developer Rob Macdonald noted that the 2010 Winter Olympics will soon be advertised in the world’s media.
* “home prices should firm up over the next couple of months”.-Cameron Muir
* B.C.’s property developers remained optimistic Friday at the annual Urban Development Institute forecast lunch, predicting a market turnaround.
January 28th, 2009 at 7:31 pm
Just got back from Shanghai. I was checking out the SUV market there and it’s exploding. Everyone wants and SUV. As luck would have it I have many so I can supply them readily. I also own lots of condos in Vancouver which they all want as well. It’s good to be me.
January 28th, 2009 at 7:27 pm
Here’s a great article: New Foreclosure Wave
http://tinyurl.com/b57aq9
January 28th, 2009 at 7:23 pm
Where’s Drachen?
January 28th, 2009 at 7:07 pm
Close ER down this blog I say. Degenerating big time!
January 28th, 2009 at 7:07 pm
Current property decline won’t last long: Rennie.
January 28th, 2009 at 6:55 pm
Olympimess:
Exactly right, some of these gits don’t get that it’s a blog not a dddddddesperate class room of love me , (please love me , please llllllooook at me, ppppppplease looook at me mommmmmy wahhhhhhhhh ) out to establish thier own ‘ rightness’ with some small pathetic little playpen verbage. Most of us really don’t give a rats ass, not the sane ones anyway. Bring it on trolls, your silly shit is a good one second laugh and when you realise how easy it is to tweak some loser into spewing you might clue in. Out yourself for the world to see. Play on dude.
January 28th, 2009 at 6:45 pm
bearette:
Is that what you’d call ‘ the ostrich syndrome’? It’s also like playing peek a boo with an infant, even when you sit right in front of them you ‘disappear’ when you cover your eyes.
There was a famously sad tape on a guy who was walking out on the beach in Southern Thailand towards the incoming Tsunami wave. paople up the hill were calling him to run but he just kept walking towards the wave that killed him
Sometimes you just can’t help people from themselves. I guess thats why they’re called sheeple.
January 28th, 2009 at 6:33 pm
MrBear:
if the shoe fits, wear it, do you have a self image issue
2.(n) -A depraved individual who sits in front of a computer all day and posts flames of an idiotic or pseudo-intellectual nature on public forums and private websites. Many of these people actually become emotional about what is said on the afore-said mediums and feel it is their duty to punish those who disagree with them. They too may pursue this object in an obsessive-compulsive manner.
Goddamnit! Blog Trolls are such fucktards! Don’t they have anything better to do other than posting stupid bullshit on the forums.
January 28th, 2009 at 6:23 pm
Helmut Pastrick has revised his forecast yet again, this is like getting to be a weekly thing. On the 6:00 news tonight he’s saying now that prices are set to fall 25%. When he started his downgrades three weeks ago he was forecasting a small increase of 5% per year, now he’s slowly ratcheting down expectations. Two weeks ago the price was going to level out and maybe go down 5% until the spring.
Man this guy just can’t decide.
January 28th, 2009 at 6:15 pm
MrBear:
your sense of self importance is creepy.
January 28th, 2009 at 6:04 pm
* Consumers to find a loan for the biggest purchase they will ever make — a house. A second measure is aimed at making it easier to buy cars, trucks and equipment.Budget backs mortgage, vehicle lenders
January 28th, 2009 at 5:58 pm
January 28th, 2009 at 4:54 pm
Any of those 3000 jobs cut from SAP in the Vanc. Business Objects offices?
You can count on it! They’ve been reducing staff in Vancouver for some time now. A/P is being moved to South America with layoffs already announced. Look for more of the same as SAP guts Business Objects.
January 28th, 2009 at 5:38 pm
McDonald’s to open 1,000 new stores
Despite falling short of Wall Street expectations, the burger chain experiences better-than-expected profit and will open 1,000 new restaurants.
http://money.cnn.com/2009/01/2.....2009012610
January 28th, 2009 at 5:32 pm
U.S Postal Service may be forced to eliminate a day of mail service due to plummeting volume and revenue.
Currently it has a mandate of 6 days /week delivery
( Talk about going postal…err postal going ?).
http://money.cnn.com/2009/01/2.....2009012817
January 28th, 2009 at 5:30 pm
Someone told me they’ve stopped reading or watching any news because of all the doom and gloom. Same person set to spend 70 G on a renovation. Head, meet sand.
But what can you say? I’ve put a plug in it. They’ve heard our views on real estate before. Now that they can all see we were right, they don’t want to hear any of it. So it’s shut up now about the new crash: the magnitude of the depression/recession we’re facing. Otherwise, our friends and family will tune us out too. Frustrating. Especially when you want to save them.
January 28th, 2009 at 5:17 pm
Ignatieff says”Nobody can shake the harper government because homeowners make nothing but 72% of population in British columbia and almost 69% all over Canada in result:Coalition dies.
January 28th, 2009 at 5:17 pm
NO -LYMPICS: “Adventure addict Sir “Dick Branson” can join us in celebration of this fact(?) by rapelling down the Yaletown Spectrum condos as residents pelt him with beer bottles, Bob Rennie blow up dolls, and patio furniture.”
Literally, LOL.
January 28th, 2009 at 5:11 pm
265 Informer10 Says:
January 28th, 2009 at 5:06 pm
The British founder of the Virgin Group brand of companies Self-made billionaire Sir Richard Branson says cheers to Canada for avoiding a recession for so long.
—————————-
Good:
Adventure addict Sir “Dick Branson” can join us in celebration of this fact(?) by rapelling down the Yaletown Spectrum condos as residents pelt him with beer bottles, Bob Rennie blow up dolls, and patio furniture.
January 28th, 2009 at 5:06 pm
Bubble lad…
Re Resource economy
I vividly recall the doom and gloom of the Pearse report in the mid 1980′s on the BC Fisheries. Too many boats chasing too few fish.
Hard to beleive it back then almost 25 years ago.
Its basically toast now.
So ….we have basically a collapsed Forestry Fishery ….and Minng is in recession.
Good thing VANCOUVER REAL ESTATE NEVER GO DOWN !!! or we’d be seriously hooped.
January 28th, 2009 at 5:06 pm
The British founder of the Virgin Group brand of companies Self-made billionaire Sir Richard Branson says cheers to Canada for avoiding a recession for so long.
January 28th, 2009 at 4:58 pm
kuroame: I’m pretty sure you’re referring to “refugee ranter” singular, not plural. blackdog hasn’t posted since I last ripped him a new one, and this StopTheScammers character has never posted before. Coincidence? Maybe, but I’m guessing otherwise.
Bear mauls dog, film at 11.
That was a great BC stats link, by the way. Any idea how to get that data in a more raw form without having to reverse engineer all their PDFs? I’ve tried to find it on that site, but no luck in my limited search time.
January 28th, 2009 at 4:54 pm
Any of those 3000 jobs cut from SAP in the Vanc. Business Objects offices?
January 28th, 2009 at 4:50 pm
British Columbia will put up one third of the money needed for the twinning of the Port Mann Bridge and expansion of Highway 1, Transportation Minister Kevin Falcon announced Wednesday.The project will create about 8,000 construction jobs and remains on schedule for a 2013 completion. http://www.vancouversun.com/Bu.....story.html
January 28th, 2009 at 4:38 pm
StoptheScammers: I really doubt refugees (legitimate or not) will have much of any impact on our real estate market, and this offtopic tirade is getting tiring. I for one WISH we had more Mexican immigrants in Vancouver so we could get some decent restaurants.
BACK ON TOPIC: I’m hearing about this demographia survey now from coworkers who heard it in the local news.. they don’t seem to know what to make of it, but figure there’s a connection between this factoid and the huge number of homeless wandering the streets outside our office.
Those here who bought recently look worried as the most recent round of layoffs is announced and our company looks for more income to stop the losses.
January 28th, 2009 at 4:36 pm
244 No-lympics – I never thought about it like that – everything being DOWNHILL from Expo – party line has Expo as the dawn of a great new day for all BC. But then again, it does fit well with BC’s extraction economy mindset – get in, get rich quick mining or fishing or logging, and get out (or simply be forced out when the resource is gone). I guess it fits the pattern.
January 28th, 2009 at 4:33 pm
Isn’t this quote from a blog site in Britian pointing to the similar happy face political BS we’ve been hearing from the BC Libs. I’m sure everyone has seen that the election ads have already started although nothing has been mentioned. kind of ‘suggestive ‘ isn’t it.
“So much for Gordon Brown’s frequent assertions that Britain was well positioned to meet recession compared to other countries. Complete hogwash. Labour really will say anything at all, however untrue, to try to stay in power. When, oh when, can we be rid of this government?”
Is BC heading for a ‘surprise fall’ after the election in May? Will the Libs be able to manipulate and hide the real numbers til then?
January 28th, 2009 at 4:30 pm
Supraboy
Next time read the details re inheritance …demarcate principal residence from non principal residence.
Sound like you are a spoiled child living in the basement waiting for parents to croak from melamine overdose at Dim Sum.
January 28th, 2009 at 4:26 pm
blame the refugee ranters;
An honest discussion about people who are scamming tax dollars wouldn’t have false refugee claimants anywhere near the top. Continually bringing it up only serves to identify you as xenophobic right-wingers whose critical thinking skills are limited to the housing market.
Go after income tax and transit fare evaders, they cost us more. (Warning; they may mostly be anglos so only focus on evasion in metro centres with high immigrant populations)
January 28th, 2009 at 4:23 pm
Another 3000 tech layoffs at SAP Business Software
http://online.wsj.com/article/.....ts_news_us
January 28th, 2009 at 4:22 pm
Supraboy: If those who continue to list high prices continue to do so, if all of them join forces and list higher, nobody will ever get to buy their real estate.
What a great idea! Hey, maybe that will work for salaries as well. If I agree I want $600k a year, and you agree you want $600k a year, than no one will ever have to earn less than $600k a year!
Brilliant! Are you by any chance a retired wall street economist?
January 28th, 2009 at 4:16 pm
Kuroame thanks for that link! Really interesting to look at the differences stats for areas.
January 28th, 2009 at 4:12 pm
Now mass job job losses cause foreclosures numbers to skyrocket over 236,000 in California exacerbating sub-prime mess
http://www.latimes.com/busines.....8240.story
January 28th, 2009 at 4:11 pm
FYI, Congress just passed the 800 billion stimulus package in the US. Watch real estate re-inflate.
January 28th, 2009 at 4:09 pm
“However,there is another parcel in the estate. When an estate gets settled, such property is deemed SOLD at time of death, and unless primary residence, it will be hit with big time taxes( not to mention the NDP’s “probate fee” flat rate of 3% I believe).”
so now you’re saving that all vancouverites inherited a property and needs to sell. the numbers you’re looking at in that group is miniscual. You’ll have to try harder than that.