Comments on: raising interest rates: how fast?

By: ks

ks — Thu, 25 Mar 2010 14:38:24 +0000

FUNDAMENTALS where are we going??? are people still immigrating in large numbers? Has the debt people have taken on gone up? for every 100.00 on average canadian owes 145.00 And the one thing no one mentions is over the next 20 years how many people turn 65 everyone will be surprised to see that statistic. So anyone who posts up up up go to Statistics canada and look at some charts it is not pretty. Who is going to support all of this

Current score: 0 (to vote for this comment, please visit the site)

By: Post Olympic Job Losses – “The show’s host had to ask her several times how many people were hired who will now be out of work. After much dodging she finally came up with a ballpark figure. Over 50,000″ « Vancouver Real Esta

Wed, 03 Mar 2010 14:28:30 +0000

[...] March 2010 · Leave a Comment bestplaceonmeth at vancouvercondo.info 2 Mar 2010 at 5:31 pm – “I was listening to a spokesperson from Adecco Employment Services on CBC this [...]

Current score: 0 (to vote for this comment, please visit the site)

By: jesse

jesse — Wed, 03 Mar 2010 10:40:37 +0000

@MIA: "Rather than service cuts, the Province increased spending in education, health care, and on 'families.'" Oh they did, did they? A better way to look at it is how their budget keeps up with the operating costs required to keep the status quo. Answer: it doesn't. The property tax deferral program is the province getting into the loan business. What sort of financial situation do you have to be in to take this kind of loan? The terms are horrible and rely on property prices increasing for these families to escape.

Current score: 2 (to vote for this comment, please visit the site)

By: Feb 2010 Benchmark House Price: $800,796 | Vancouver Condo Info

Feb 2010 Benchmark House Price: $800,796 | Vancouver Condo Info — Wed, 03 Mar 2010 10:07:12 +0000

[...] higher interest rates affect those margins. Here’s some interesting math courtesy of reader bestplaceonmeth: Based on $58,000 median household income in Vancouver using ING’s “how much can I borrow?” [...]

Current score: 0 (to vote for this comment, please visit the site)

By: taylor192

taylor192 — Wed, 03 Mar 2010 10:05:28 +0000

@patriotized "It’s not a party for you unless you’re inside. For everyone else, including those in Vancouver, it was just another TV event." It is a shame you missed out on all the free venues, free events, free concerts, free shows, free fireworks, and just walking around enjoying the proud Canadian atmosphere. It was a party inside and out. That said, I watch TV reports on the > $1.4B spent on the DTES. For the money, I'd rather watch the Olympics again.

Current score: 1 (to vote for this comment, please visit the site)

By: “I work in high-tech and moved here from Ottawa recently. I honestly don’t know why any high-tech company stays in Vancouver.” « Vancouver Real Estate Anecdote Archive

Wed, 03 Mar 2010 03:40:49 +0000

[...] taylor192 at vancouvercondo.info 2 Mar 2010 1:23 pm – “I work in high tech and moved [to Vancouver] from Ottawa recently, so I can comment on Vancouver vs Ottawa: [...]

Current score: 0 (to vote for this comment, please visit the site)

By: “I have noticed a very definite trend of Asians of Chinese descent moving back home. The big complaint from my soon-to-be ex-neighbours is that there are no business opportunities in Canada.” « Vancouver Real Estate Anecdote Archive

Wed, 03 Mar 2010 03:14:47 +0000

[...] old kitsie at vancouvercondo.info 2 Mar 2010 12:59 pm – “I live in the Arbutus area of Vancouver, my kids were often the only non-Asian kids in their high school science classes. I have [now] noticed a very definite trend of Asians of Chinese descent moving back home. They are now citizens, with two passports, and no longer have a need to educate their children here. The big complaint I have heard from my soon-to-be ex-neighbours is that there are no business opportunities in Canada. China is the place to make money. There are many homes vacant in this neighbourhood and it appears to be an escalating trend. I do not see an influx of immigrants as in the past.” [...]

Current score: 1 (to vote for this comment, please visit the site)

By: logic

logic — Wed, 03 Mar 2010 02:18:55 +0000

and MIA - no problem. Keep up the good work.

Current score: 1 (to vote for this comment, please visit the site)

By: logic

logic — Wed, 03 Mar 2010 02:17:36 +0000

70 RP:

I'll be fine, but thanks for the concern. I have a very generous private pension scheme and will be able to fund my own retirement and health care (I'm retiring in a warmer country than this one).

So yes – I will still feel the same way.

Current score: 4 (to vote for this comment, please visit the site)

By: MIA

MIA — Wed, 03 Mar 2010 01:11:40 +0000

Patriotz, After watching you post on every possible subject under the sun on this blog, it is exceedingly clear that you are the eternal know it all who simply has to comment for the sake of keeping attention on yourself. You choose to dissect elements that are not even relevant to the information I posted on RE (49,53). You find a flaw with everyone's commentary or information, often splitting hairs when it serves no purpose. I provided information and details on an issue that has raised questions on the blog, namely the property tax deferral programs. I gave you insights from Minister responses and press scrums, some of which will never make it print. It is pretty clear you never get close to the political machinery, and the reasons why certain decisions are made. I will keep my information to myself next time, but thank you Logic for taking the time to express some appreciation.

Current score: 5 (to vote for this comment, please visit the site)