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@patriotz:
So a June sale for Teranet is likely May or possibly even April. Got it, and it explains that the indicator lags more than I thought.

Not sure if anyone saw the CBC financial roundtable discussion on The National last night which focussed heavily on debt. The same four folks that were there last time. Patricia Croft kept insisting Canada would be the *only* country to engineer a soft landing in real estate. She said it twice. Its amazing how arrogant Canadians have become — We. Are. Different.

Preet Banerjee (from G&M) seemed like the only one who seemed to have a sensible scepticism about debt. Everyone else was like “debt is great!, tra la la, go buy a TV on your credit card!!”

I guess I’m just out of touch with the world today. I could never fathom buying a TV if I hadn’t saved for it.

@Anonymous:

Confirmed. Microsoft on Cambie closed, 35 lay offs.

@Joe_Blown_Away_By_High_Housing_Costs: There’s a lot to like in your comment. I used the term “culture war”, and I think I meant it. Try a mix-and-match: on one side, you’ve got cyclists, pedestrians, urbanists, lefties, and university profs; on the other, you’ve got suburbanites, commuters, and soccer moms. Drawing the battle lines that way is reductive to the point of being insulting, but it pretty accurately describes the state of civil discourse in the city. City hall didn’t start this fire, although they’ve certainly added some live ammunition. That, ultimately, is my point: it’s really easy to focus on a particular lightning rod (cyclists or commuters) and champion or blame Vision’s policies, but the dysfunction is collective and the trench warfare is just a distraction. People are anxious and angry, and if it wasn’t cyclists, it’d be something else. I hope you… Read more »

rumour is that Microsoft Games Vancouver laid off some people today … the industry continues to bleed

@Joe_Blown_Away_By_High_Housing_Costs: “Downtown residents do not appreciate the distasteful behaviour of those from the suburbs who come downtown to party. Although maybe these downtown residents should have considered that before deciding to live downtown”

So we should just accept the distasteful behavior? Why don’t you just except all the stuff you have been complaining all day long? You should have considered these things before deciding to stay in the lower mainland.

@patriotz Yes, I know that is true. Surrey contributed more rioters to the Stanley Cup riot than any other municipality in Metro Vancouver. So that empirical reality leads to this impulse in Downtown Vancouver among the residents there to want to exclude people from the suburbs from coming downtown. I hear it from Downtowners all the time, how they don’t want people coming into their neighbourhood from the suburbs. It’s the tension created from having a large residential community located within what functions as the downtown core for a metro region of 2 million. Understandably, Downtown residents do not appreciate the distasteful behaviour of those from the suburbs who come downtown to party. Although maybe these downtown residents should have considered that before deciding to live downtown. Being in an area that hums with human activity and business and socializing… Read more »

@rksleung:

“When this paper currency collapases, don’t say I don’t warn you.”

Gold prices will collapse way before that. Good luck.