Friday Free-for-all!

Yessir, another weekend in paradise! It’s the end of the week and you know what that means, it’s time for our regular news round up and open topic discussion thread! Here are a few stories to kick off the chat:

Nice chunk of taxpayer money headed to BC!
$100 million loss on Olympic Village?
Green quits Little Mountain over “difference of opinion”
15 Years of economic growth not trickling down
Occupy Vancouver pretty laid back
The pros and cons of being an absentee landlord
Toronto house price growth could soon top Vancouver
$500k: Buy a mansion get a US visa

So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!

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Anonymous
Guest
Anonymous

@Anonymous:

"And general strikes about every 3 weeks because, you know, they don’t have it so good."

Actually, the french people go on strike less than the Canadians…
http://www.iwkoeln.de/Portals/0/grafiken/iw_newsl

mikoyan
Guest
mikoyan

Anonymous Says: "And general strikes about every 3 weeks because, you know, they don’t have it so good."

Of course, labour always bargain for more. on other hand you are so stupid that you are happy with crumbs that you get. go figure.

mikoyan
Guest
mikoyan

Anonymous Says: Actually, the french people go on strike less than the Canadians…"

Bravo, good find! some people are so brainwashed by media in north america that they can not differentiate reality from fiction.

Anonymous
Guest
Anonymous

wow, even bear is getting tired of bears.

pricedoutfornow
Guest
pricedoutfornow

Realtor in my building keeps having open houses at odd times. Thursday evening? Friday evening? You bet. I sense some sort of desperation. Price has been dropped at least once already (on the market a month, maybe 6 weeks). Place is pretty small, he advertises "1 bed plus den", and promotes the local high school cachement (it's a not a westside school, nothing to get excited about). The den is actually a storage closet, you would think that if you were living in a small apartment with a teenager you'd have more to offer him/her than a bed in a closet. But maybe that's just me. You could rent a decent 2 bedroom apartment cheaper just a block away rather than trying to squeeze your kid into a tiny space, just for the sake of saying you "own".

Anonymous
Guest
Anonymous

"The den is actually a storage closet, "

i find that really irritating. i was at an open house once where it was a two or three bedroom and den, but the den was actually the hallway. it's just friggin irritating. they should be penalized for false advertising.

Anonymous
Guest
Anonymous

@ulsterman: San Marino has long been an Asian stronghold.

BTW…where does this remind you of…? 🙂

http://giantechinc.com/projects/p_lombardy.html

R
Guest
R

The Ionic columns are really vulgar. A perfect example of the HAMbox.

Patiently Waiting
Member
Patiently Waiting

Weak spot in market: Coquitlam condos.

I'm really busy these days so I wish I could look into this further. Just from driving around Coquitlam, there is a flood of new listings. Sellers are rushing to market, so this sub-market is showing the first stage of a crash.

The situation seems different for Coquitlam SFH. I've seen some redevelopment properties on busy streets selling. Maybe small-time developers are the last buyers out there.

MM
Guest
MM

@mikoyan: perhaps they think that Business should serve society and it's citizens, not the other way around. As should Science.

View
Guest
View

"Kind of hard to expect kids to do well in science when they are indoctrinated at Sunday school against rational thinking"

Why not vote this up? It's a FACT people!!

scullboy
Member

Since we're on the topic of French food and Vancouver (or maybe we aren't, I took some cough syrup and I'm a bit groggy):

@Mikoyan: The second best croissants in North America can be had at the Pacific Institute of Culinary Arts. The chef instructors are French, English, Austrian and German. The strudel is not to be believed, it's that good, but normally Chef Johannes will only make it for students.

The mountains, the ocean and culinary school are the only things I miss about Vancouver but since I've bounced through Halifax and am now back in Toronto, I'm sure it's just a matter of time until I return.

I'm stlll not buyin' a place though…. too damn expensive. 🙂

patriotz
Member

@MM:

"perhaps they think that Business should serve society and it’s citizens, not the other way around. As should Science."

Science serves the truth, whether society likes it or not. E.G. Galileo, Darwin.

Extremely rich Van h
Guest

@Anonymous:

Bear are just Zombies who ignore reality that Vancouver house price has gone up 8.9 % annually.

registered
Member
registered

64 Extremely rich Van house owner.:"Bear are just Zombies who ignore reality that Vancouver house price has gone up 8.9 % annually."

Paid bull astroturfers aren't worried that assets can't appreciate at that rate or maintain those gains permanently. Post-secondary isn't a job requirement.

Anonymous
Guest
Anonymous

@scullboy

Where is the best place for croissants in north america, in your opinion? Nothing RE related about my query, I'm just really hungry…

Boombust
Guest
Boombust

"Weak spot in market: Coquitlam condos."

You'd better believe it. Armegeddon in the Tri-Cities Condoland is going to be brutal. And, they're STILL building, especially in the Coquitlam Centre area.

The secondhand market will be crushed. The new-builds will be able to offer better deals.

Patiently Waiting
Member
Patiently Waiting

I can't quote this story because its so full of juicy goodness. You just have to read the whole thing to warm your bearish heart on this wet, miserable day.

http://www.vancouversun.com/business/housing+sale

Patiently Waiting
Member
Patiently Waiting

Oh gawd no, haven't they done enough damage? I guess not.

"Many bankers visited hundreds of high schools across the United States sometime this week. They were there in recognition of Thursday’s “Get Smart About Credit Day,” featured in Chase’s Calendar of Events and other publications.

Unfortunately, the bankers’ primary goal was to teach kids to use credit cards. What our kids really need to learn is how to use debit cards. Big difference."

Read more: http://www.vancouversun.com/news/What+teach+kids+

Patiently Waiting
Member
Patiently Waiting

Three foreclosures on Westwood Plateau

http://www.servingtricities.com/listings/property

Summer
Guest
Summer

@Patiently Waiting:

"The situation seems different for Coquitlam SFH. I’ve seen some redevelopment properties on busy streets selling. Maybe small-time developers are the last buyers out there."

A month or two ago, a guy at work described his experience looking for an old starter house in Coquitlam. I think he was looking around the Coquitlam/Burnaby boundary. He said every house he tried to put an offer on was bought by developers with no conditions. He was not considered by the sellers because it was easier to sell to the developers, so he gave up looking.

Patiently Waiting
Member
Patiently Waiting

Can anyone obtain and scan Podmore's anti-bubble pin?

"Podmore wore a button to the conference with the slash symbol for “no” imprinted over the word bubble."

Read more: http://www.vancouversun.com/business/housing+sale

Patiently Waiting
Member
Patiently Waiting

@Summer: In Burquitlam, whole blocks of old houses are being leveled for townhouses.

Anonymous
Guest
Anonymous

@mikoyan: …..Of course, labour always bargain for more. on other hand you are so stupid that you are happy with crumbs that you get. go figure…..

Good answer. LOL.

mikoyan
Guest
mikoyan

scullboy Says:"The second best croissants in North America can be had at the Pacific Institute of Culinary Arts."

Is that by Granville Island? Can public purchase the food that they make?

How about that AI of Culinary Arts? Are they any good?