Friday Free-for-all!
Hey! It’s free-for-all time! Lets do our end of the week news round up and open economic topic discussion thread! Here are a few stories to kick things off:
-Canadian weekly earnings up 4.3% since 2009
-BC weekly earnings up 2.7%
-Supreme Court backs BC leaky condo owners
-Taxpayers likely to lose Olympic Village land
-Teranet: Canadian home prices drop
-New buyers are admirably wise says builder survey
-Why some houses don’t sell even in a boom
-Ireland’s ‘mostly good’ economic policies
-Comparing Canada and Ireland
-Foreclosed homes threaten to flood Spanish market
-The only question about Chinese crash is when
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So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!
November 28th, 2010 at 12:24 pm
@anonymous, various posts, please refer to definitions of Anonymous in the Urban Dictionary. There are many. I like this one:
"United as one, divided by zero. We are Anonymous, We are legion, We do not forgive. We used to be actually cool, and worth the laugh and the reminder not to take things too seriously. But in our haste to remind others of their canny ability to ignore reality, we've expended all this energy, more energy than they do avoiding reality. So now we're kindof a sad mess of dumbasses still clinging to an outdated manifesto that may as well be the instructions on someone's VCR manual. We're sad. Sad sad people. We eat Doritos for breakfast, lunch and dinner. We write minimal annoying scripts that do fuckall except annoy people for 12 seconds. We're quick to brag about our endeavors because what press we've recieved has given us a false sense of validity. But don't fool yourselves. We're a bunch of sad, undersexed, testosterone-filled highschool dropouts who work fast food, live off our parents and smoke too much weed. Move along now. We've hit the snooze button on our 15 minutes of fame. Our voices are silent. "
November 28th, 2010 at 12:15 pm
CNBC: Rich Americans Ditch Home Ownership for Renting
http://www.cnbc.com/id/40260336
November 28th, 2010 at 11:48 am
West Van median price down 10% in the last month.
http://www.yattermatters.com/2010/11/bruin-though…
November 28th, 2010 at 11:30 am
How's this for a revenue property?
Buy this dump out by Cultus for 90K, put down 5%, variable rate and your payment is $295 a month.
Let the current tenants stay, they're paying $600.
http://www.mls.ca/propertyDetails.aspx?propertyId…
I don't know what taxes are but surely they wouldn't be more than $50 a month.
November 28th, 2010 at 11:24 am
@Anonymous: Anonymous #119 – it would be good to go to the thread where 2 bears and 1 bull were banned – there was a good deal of racism and homophobia going on – it wasn't about the opinions, but the vitriole.
November 28th, 2010 at 10:39 am
@Anonymous:
He's voted down because he's a real estate promoting douche.
Being polite doesn't mean a damn thing. Most serial killers are polite.
November 28th, 2010 at 10:32 am
Best place on meth:
Really, are you telling me this blog site actually censors people ?
They actually pick and choose who can log on ?
If that IS the case, why are you still here?
I think you are rather paranoid.
Are you on medication ?
Dave at least is polite, I don't know why he is voted down so often.
November 28th, 2010 at 9:50 am
@Best place on meth: thanks BPOM
November 28th, 2010 at 9:31 am
While bears are disappointed lately, so are realturds. Any way you cut it, sales have been low this year and many won't even get the set of steak knives.
Expect to see more lonely, bored and broke (ex?)realturds wandering the blogsphere. LOL
November 28th, 2010 at 9:13 am
@Animal Spirit:
They were removed a couple of days ago, 3 in total.
http://vancouvercondo.info/2010/11/leave-the-whee…
Dave may be a shameless pumper but he sticks to real estate, therefore no foul.
Funny, 2 of the 3 removed were bears and we're happy with that so nobody can complain that this blog is one-sided.
November 28th, 2010 at 9:07 am
@Anonymous:
Realturd® alert!!!
November 28th, 2010 at 9:05 am
@Best place on meth:
LOL!! And you have to supply your own appliances.
November 28th, 2010 at 9:04 am
#111 Anonymous "Dave seems to be about the only one that knows his/her stuff."
Lol! @ Meth. Calm demeanor, ludicrous contentions, emotional manipulation via the 'kids and Sunday' thing: my vote is the poster using the handle 'Dave'. It actually reads like a sanitized version of Horton's 'poke-poke-poke' technique.
Must be another slow day at RE/MAX.
November 28th, 2010 at 9:01 am
@Best place on meth: ditto. I disappeared for a while in large part because the noise to signal ratio from the two posters was getting too high. It is fine to have astroturf posters like Dave and Anonymous #111 that are on subject, but the continual sidetracking onto other agendas was obnoxious.
I missed it when they got removed – can someone point me to the thread? Thanks.
November 28th, 2010 at 8:57 am
Is this blog supported by people that hang around the Carnegie Center?
I mean … blog handles like "best place on meth" etc.
Terrible language on Sunday.
Dave seems to be about the only one that knows his/her stuff.
November 28th, 2010 at 8:54 am
@Anonymous: #107
Which one are you, no-lympics or realpaul? And where are you posting from?
This blog is readable again thanks to the removal of a pair of idiots who had nothing better to do than rant about unions and immigrants.
Quality is preferable to quantity.
I sincerely hope they (you) are banned permanently.
November 28th, 2010 at 8:53 am
@Devore:
The cities get the revenue. What the program does is simply loan the homeowners money to pay their property taxes. With interest.
And because it's a loan, it doesn't show up on the books as government spending. It's not assistance at all. It's just enabling people to keep on living beyond their means and get deeper in debt.
November 28th, 2010 at 8:44 am
My god, another $1700 basement.
Oh well, at least this one has 3 bedrooms and is in a good location – and it's not for rent until Jan. so they have plenty of time to come down from their meth high and realize it's overpriced by about $500.
http://vancouver.en.craigslist.ca/van/apa/2072491…
10 postings in 10 days. Fucking idiots.
November 28th, 2010 at 8:35 am
What happened to realpaul and no-lympics?
This blog is really boring without them.
This is the weekend..and barely 100 posts?
It used to be 200+ posts easy.
November 28th, 2010 at 7:57 am
@Devore
I wasn't saying I agreed with the tax deferral.. Actually like I posted I think its more harm than good for families. I was just saying the old farts that are sitting on 20M$ homes are deferring taxes. If anything that's the first thing they should cut.
November 28th, 2010 at 7:49 am
@t:
Might be true in your family but fact is boomers outnumber
other age brackets.
I know a quite a few older couples with zero kids.
You simply cannot change math.
November 28th, 2010 at 7:45 am
@xyz: Two wrongs don't make a right. Why is anyone deferring taxes anyways, when the city needs revenue so much. They're about to table another deficit budget for next year.
November 28th, 2010 at 7:40 am
@logic
Rich old people have been deferring their property taxes for years in Vancouver, I would worry about them before I gripe about families with children barely making a living. In fact, I think this will likely hurt the families more than help as if they ever need to refinance or sell they will need to cough up thousands in back taxes to do so. The old fart just have to die and the gov will just take their cut from the estate.
November 28th, 2010 at 7:17 am
ffs – more subsidizing of other people's children from other's taxes.
November 28th, 2010 at 6:51 am
Anybody aware of this ?
http://www.rev.gov.bc.ca/individuals/Property_Tax…
Property Tax Deferment Program for Families with Children
Strengthening families is at the centre of the government’s economic and social agenda. Beginning in 2010, qualifying homeowners who are financially supporting a dependent child under age 18 will be able to apply to defer property taxes on their principal residence. This expansion of the Property Tax Deferment Program allows government to assist families with children, particularly during those years when household costs are typically the highest.