Vancouver welcomes the world

You know how when company is coming you shove everything into closets and close the door, pretending that the mess doesn’t exist?  Well some busybodies have been opening up our closed doors instead of just enjoying the fruit punch:

VANCOUVER, British Columbia – Five blocks away from the venue for Vancouver’s Olympic opening ceremonies, four grizzled addicts huddle in the rain, injecting themselves with heroin behind a trash bin.

Welcome to Downtown Eastside. Here, life is gritty, volatile and the slightest misstep can invite brutal retaliation.

“It’s a jungle,” said Glen, a 49-year-old heroin addict who goes by the street name Trouble. “You want to get out of here.”

That’s from an article over at MSNBC, and it doesn’t really improve after that:

As Vancouver prepares for the Olympics and the descent of the world’s media, the Downtown Eastside remains a huge problem — 15 square blocks of despair, squalid rooming houses and alleys populated by thousands of addicts, the homeless, the mentally ill and the drug dealers who prey on them.

This neighborhood is the most concentrated drug and poverty ghetto in North America, with high use of heroin, cocaine and methamphetamine, according to criminologist Benedikt Fischer of Simon Fraser University. It’s also the only place in North America where drug addicts can shoot heroin into their veins at an officially sanctioned injection site.

Now why would a US news outlet want to make our city look bad?  I have a theory.  MSNBC is a joint venture between Microsoft and NBC.  I suspect that Bill Gates is jealous of our property values, particularly since the Seattle market has dropped so much, and he’s pulling some strings to make us look bad.  Everyone who lives here knows you don’t go down to Main and Hastings unless you want to score some junk or catch a hot new disease, so what’s the big deal?

Well that theory explains the yanks anyways, but what’s with the British?  They’re taking their potshots too, and we’re supposed to be on the same side!  We’re part of the commonwealth!  We’ve got the queen on our currency!

Conservative estimates now speculate that the games will cost upwards of $6bn, with little chance of a return. This titanic act of fiscal malfeasance includes a security force that was originally budgeted at $175m, but has since inflated to $900m. With more than 15,000 members, it’s the largest military presence seen in western Canada since the end of the second world war, an appropriate measure only if one imagines al-Qaida are set to descend from the slopes on C2-strapped snowboards. With a police officer on every corner and military helicopters buzzing overhead, Vancouver looks more like post-war Berlin than an Olympic wonderland.

That’s from the Guardian article Vancouver’s Olympics are heading for disaster.  You know what I think?  I think everybody is just jealous.

Thanks to G and jjss for the links!

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Drachen
Drachen
10 years ago

I should add, the CMHC is actually nearly 65 years old (maybe that's the problem, it's going prematurely senile?) it's just the CMHC backed mortgages that are 25 years old.

Drachen
Drachen
10 years ago

@patriotz:

I think he's referring to the introduction of Mortgage insurance by the CMHC, which does go back 25 years and he's suggesting the last 40 years as a total graph to look at so there's some stable period before, then a very noticeable uptick in prices about 25 years ago. That's how I read it anyhow.

patriotz
10 years ago

@domus:

As it has been pointed out by several people on this blog, all you have to do is plotting the time series of house prices over the past 40 years. You will immediately identify the structural change in prices (higher price levels) associated to the introduction of the CHMC.

40 years ago single income households were still the norm. The rise of dual income households since that time is a fundamental support for higher real house prices.

I think you're on more solid ground if you go back 25 years, since dual income households have been the norm for new homeowners since the boomers started working.

patriotz
10 years ago

@Boombust:

“I can’t BELIEVE this poverty and hardship is in America’s national capitol” I said to no one in particular…

But you see license plates in DC that say "America's Last Colony" (on the plate holder actually, it's a statement from the residents), not "The Best Place on Earth".

And I don't think you'd see the residents of DC voting 2/3 to host the Olympics any time soon.

patriotz
10 years ago

@ReductiMat (quoting poverty advocate):

“They’ll tell you homelessness is about addictions and mental illness, but that’s not true. It’s about housing supply, not enough homes for low-income people,” explains Pedersen.

What did I tell you? But everyone knows that the farmworkers (who make less than minimum wage), the people working at McD's, etc, all have somewhere to live.

And we know that real rents are lower than a generation ago, when there was far less homelessness. And that supply of shelter is growing faster than demand.

Address the real problems.

Informer 10
Informer 10
10 years ago

Fuk u dikwad 53 u not be me. I neva go down, just like Vacover house price.

ReductiMat
10 years ago

http://www.news1130.com/news/local/article/22868-

"They'll tell you homelessness is about addictions and mental illness, but that's not true. It's about housing supply, not enough homes for low-income people," explains Pedersen.

Sounds like Wendy Pedersen has the answer. All they need is homes on the East Side of Vancouver and all their problems dissapear.

Please note, we must supply with them with shelter on the East Side of Vancouver.

Also note, I must be supplied with one Red Ferrari.

realpaul
realpaul
10 years ago

The Nazi Mayor of seatsniffery & Vision Vancouver Party has announced that the CCTV cameras that were first announced as 'temporary security for the Olympics' have been announced today as permanent.

Greggy Robertson and his flouncing followers fancy dress thier way to total power. Zieg Heil Greggy Roberts, Obergrupenfurher of the foo-foo bee-cee-clettes seatless post riders brigade. Zieg Heil Vision Vanshithole.

What was that other syphlitic cabal that took over when the sheeple were sleeping?

If you voted for any of these clowns you should consider ending it.

Informer 10
Informer 10
10 years ago

@FORREST: and all,

I know you guys are in sort of bubbly chord and then I start screwing up your brains.

Sorry for bothering you for last few days.

Best Regard

Informer 10 gone forever.

bye! bye.

Dave,ThePope,Drachen,Patriotz,,Sofia,BDK,Supraboy,Browntown.

FORREST
10 years ago

Informer 10:

Take some ESL classes. Jeez, wtf are you trying to say?

Informer 10
Informer 10
10 years ago

@VRENGD: Interest rates can only move up to form a line with economy progress,there is no provision to form sepration without re-installation.

When economy goes up it will definitley increase the inflation rates and Banks must act to control inflation.

The only situations that can ever arise without gauge of economy recovery is that if for some reason consumer goods are hard to receive for example: limited excess to the area where consumers lives,disatour area where no help is reachable,Where government have no control to nab down prices,If storage centre is empty and can't be fill up due to restriction of supply for consumer goods,Import restrictions or conflicts etc.

Unless or otherwise

Model A

Economy down

Employment down

Inflation down

Interest rates down

Model B

Economy UP

Employment UP

Inflation UP

Interest rates UP

Informer 10
Informer 10
10 years ago

All gools go home. Van city number on. Media dont scare us we know we ar nummer one.

Informer 10
Informer 10
10 years ago

@Boombust:You also revealed great secret thanks for your personal anecdotals.I beleive this problem is everywhere in the world.This problem start from primary school to universities,From streets to work place most of the rejected bodies own this bussiness to intentionally explicit or turn someone into addiction.

Why media is picking up Vancouver?

As joke from the pope suspect actually Vancouver real estate shows no sign colling off in the near future on a point where it can stop pulling over buyers from otherside of borders.So they are trying to hide their own problems and they had choose to highlight someone else's problems.

Informer 10
Informer 10
10 years ago

"“I’d be thinking “I have to flush this genetic fraskshow from my womb"

well now a days some boys got womb for re-production,Finally scullboy has reveled her secret at vci.Hey everyone! say thanks to (i) 10.

domus
domus
10 years ago

The CHMC is not a blessing. It is an unmitigated disaster!

The CHMC is the single most important cause of un-affordability in Vancouver (and many other areas of Canada).

As it has been pointed out by several people on this blog, all you have to do is plotting the time series of house prices over the past 40 years. You will immediately identify the structural change in prices (higher price levels) associated to the introduction of the CHMC.

The CHMC was introduced to make housing more affordable for Canadians by subsidizing loans. It has achieved the opposite effect.

Write to your MPs and tell them that you want the CHMC scrapped or dramatically reduced! You won't regret that email.

Drachen
Drachen
10 years ago

@realpaul:

"Dipshit Mayor nad Full of shit Cloeman have conspired to set up a ‘media center’ to misdirect the foriegn media away from the facts. They must think they’re entertaining Bill Slut. Pamela Douchebag and Phony Parsons."

Don't hold back behind euphemisms and gentle language, we can handle it if you want to express how you really feel.

realpaul
realpaul
10 years ago

Its hard to believe that anyone could be as ignorant as some of the comments coming out today to defend the 'offish-all' position in the DTES. Denieing that it's not there will not make it go away. I see the the head deniers like Dipshit Mayor nad Full of shit Cloeman have conspired to set up a 'media center' to misdirect the foriegn media away from the facts. They must think they're entertaining Bill Slut. Pamela Douchebag and Phony Parsons. The international media was tearing greggy and Rich big new assholes today and Cloemans people had to prush him out of a very intense questions session by the greman, british , american and chinese media. Lolololololol this Olympic games is going to expose Vancshitzone for exactly what it is. The foriegn media is touring the sewage outflows, they are touring… Read more »

Drachen
Drachen
10 years ago

@ReadyToPop:

Or just plot one of these for Vancouver.

ReadyToPop
ReadyToPop
10 years ago

Everyone should try out the Vancouver RE simulator. That Olympic cable thingy at Robson Square that takes you on a wild ride down from an artificial high.

citizen
citizen
10 years ago

@Bearsince08':

… $275 per room, including three meals a day. Wow, I should move to Olympic cruise ship hotel for two weeks, it would be cheaper then staying at my downtown condo and eating out.

Boombust
Boombust
10 years ago

"VANCOUVER, British Columbia – Five blocks away from the venue for Vancouver’s Olympic opening ceremonies, four grizzled addicts huddle in the rain, injecting themselves with heroin behind a trash bin."

Hey, you snot-nose. I was in Washington DC last summer.

It doesn't take too long to find the same, and WORSE across the Potomac.

"I can't BELIEVE this poverty and hardship is in America's national capitol" I said to no one in particular…

And, ever been to Baltimore only an hour's drive away? UUUUuuuuugly.

And then there's the Newark/Jersey City area. So buggar off.

Anonymous
Anonymous
10 years ago

^^^^

nah–just hard to find the booking information thats all…not a sign of who is or is not coming

Wreckonomics
Wreckonomics
10 years ago

@Bearsince08': Thats incredible. So even after dropping prices to $275 a night and throwing in 3 free meals a day they still don't have enough demand to fill a cruise ship? Speculators here are screwwwwed!

Drachen
Drachen
10 years ago

@gvrdpropertyowner:

"So the question then becomes, who is between the bears and a 40 or 50% drop in prices? Anyone?"

There are some, the hard-core kool-aid drinkers will always believe that any drop in the market is just temporary, they'll use their other properties to leverage the buying of new ones and in the end these are going to be the people who truly lose everything because the levee is going to break and no matter how hard they believe in the market a few thousand people simply cannot hold the water back.

gvrdpropertyowner
gvrdpropertyowner
10 years ago

I think that, ultimately, this CMHC bubble will become a blessing in disguise for the Grizzlies among us.

Remember, home ownership rates were at all time highs— with many average people owning multiple properties— before the current first time home buyer led, Vancouver real estate inflation explosion of 2009, and I guess early 2010?

Nevertheless, time for a paradigm shift Yogi: You want people to buy homes right now.

By definition— all the people who would have bought Vancouver real estate, if it depreciated by 15 or 20%, already did in 2009. So the question then becomes, who is between the bears and a 40 or 50% drop in prices? Anyone?