Comments on: Friday free-for-all!

By: Warren

Warren — Tue, 10 Nov 2009 13:16:47 +0000

Can anybody in bear land help me with some links detailing the foreign buyer myth in Metro Vancouver?

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By: Anonymous

Anonymous — Mon, 09 Nov 2009 22:07:24 +0000

I bet a lot of waiters are making more than the median income in B.C. Once the market turns the realtors will start trying to get their old jobs back.

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By: Ulsterman

Ulsterman — Mon, 09 Nov 2009 21:28:30 +0000

Just after i heard the news report about the EA job cuts on CKNW, they went straight to a Vancouver Job Shop commercial advertising some crappy little job. That appears to be the pattern: good jobs disappear by the 100's and 1000's to be replaced by single-digit hires of low-paid employees. Yet still the 750,000 - 1,000,000 houses near me in Burnaby keep flying off the shelves.

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By: Ulsterman

Ulsterman — Mon, 09 Nov 2009 21:22:27 +0000

@Garth: Yeah, but the former realtor could possibly be making $1000/week (tips and wages) if he's working full time. He probably declares about 10% of his wages or $30-40 week in tips, so his cash income is very good. There are many, many worse paid jobs in this city.

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By: jesse

jesse — Mon, 09 Nov 2009 20:46:08 +0000

@patriotzed: "For food, which is 0% taxed under GST and HST, and for all exports, there is no net GST or HST cost in the price structure." You're missing the point. If a good is suddenly taxed that was not taxed before, that leads to a decrease in demand unless costs can be lowered to compensate. With efficient markets, lowered costs will rarely happen because there is nowhere to cut costs enough to offset the tax gains. With real estate the ability to lower costs through reduced land prices is always possible so the net effect of increased tax has a much better chance to be muted, if not eliminated entirely.

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By: Chilled

Chilled — Mon, 09 Nov 2009 18:40:23 +0000

#117“Balloon” Update: Drove by the Scena sales center near Kingsway and Nanaimo on Saturday and there were balloons tied to every lamppost and realtor’s car. More distressing is that there was a lineup out the door for presales! Clearly the market has not died yet. ================= I was there!! The realtots paid me 100 bucks to stand in line for a couple of hours.

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By: outsourced

outsourced — Mon, 09 Nov 2009 18:09:14 +0000

I posted this early, but here's a better link.

roughly 100 (previously i said over 100. oops) jobs in Victoria and Burnaby affected. The Kodak Burnaby office is right next to EA.

http://www.bivinteractive.com/index.php?option=co…

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By: Boombust

Boombust — Mon, 09 Nov 2009 18:07:06 +0000

"Cassiar and hastings was the only intersection on the trans Canada." Hmm...who knows, although it ONCE WAS the only major intersection in the COV without left turn lanes (with SIGNALS) back in the 1960's! It was so dumb!

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By: Boombust

Boombust — Mon, 09 Nov 2009 18:03:24 +0000

...er, back to that earlier Electronic Arts posting, Deborah Hope on Global confirmed that "1500" (!) positions were due to be axed. A "significant" number of them in Burnaby. Poor slobs.

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By: Boombust

Boombust — Mon, 09 Nov 2009 18:00:56 +0000

"Channing Tatum called." I laughed and laughed when I heard that name a few weeks ago. Some TV show or other... People tell me it's an actor's real name. So Hollywood. And, so sorry to be so "off-topic".

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