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Group Masterbator #43
Guest
Group Masterbator #43

US Fed creates inflation. Hard assets increases, and paper money worth less. Real estate is the king of all hard assets.

http://www.youtube.com/watch?v=RrwbgdtbdXE

HAM Solo
Guest
HAM Solo

On one hand, I find it a little frustrating that the site seems to be attracting a lot of online “thugs” who are side-tracking the conversation on this board onto personal attacks etc.

However, on the other hand, it just is clear evidence that the bears are finally winning. As the Mahatma said:

First they ignore you,

Then they laugh at you,

Then they fight you,

Then you win

patriotz
Member

Surprise, surprise, surprise!

Chinese miners asked to pay for Canadian jobs

The BC and Federal governments are enabling this. Indentured labour is exploited labour.

Anonymous
Guest
Anonymous
Something has been wrong with this site for days and it is not getting bored. At best, the site is extremely slow. Often, the site does not load at all. I get a page that says “Internal Server Error”. Sometimes I can’t load the site at all, sometimes I can load the homepage but I can’t get the comments. I tried to load it this morning about 5 times before I was able to successfully load it and post this comment. The first five times, I got “Internal Server Error”. Same thing last night and the night before. I haven’t posted about it yet because I don’t want to be a complainer and I trust VCI Admin will take care of it. But it’s getting worse, not better. It’s to the point now where I just don’t have the time… Read more »
Anonymous
Guest
Anonymous

@patriotz: “The BC and Federal governments are enabling this. Indentured labour is exploited labour.”

Yes, its unreasonable that Canadians should expect to have first crack at Canadian jobs.

No Noise
Guest
No Noise

@#4 Anonymous

Agreed, this has been going on intermittently for the past few weeks. Personally, I dont mind more ads on the site if it provides the necessary revenue to beef up the sites performance/security.

Mick Murphy
Guest
Mick Murphy

Foreign Consulates in china hold charity sale for disabled children in Chinese province. Receive counterfeit money for their trouble.

http://shanghaiist.com/2012/12/11/foreign_consulates_disappointed_at.php

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

@Anonymous:

You should ask vancouvercondo.info for a refund.

Many Franks
Guest
Active Member
Many Franks

Mark Carney continues to talk about raising rates to curb household borrowing. I’m a little surprised he’s continuing to bang this particular gong — I don’t think he’s got the leeway to raise rates, and I don’t believe he thinks continued threats from him of higher rates will actually change consumer behavior.

Many Franks
Guest
Active Member
Many Franks

@Many Franks: Heh, and here we have the answer: “Carney says warnings about rates may have driven homeowners to lock in mortgages.” I guess he views sustained bellowing as a viable strategy.

Anonymous
Guest
Anonymous

“bears are finally winning”
winning what? here we are, at the end of 2012, and stupid bears still are waiting for their chance to own a piece of land in the best place on earth that they think they are entitled to…since 2004. hahaha, dream on bears. i bet, you are all hiding under your smelly beds waiting for 21 dec 2012 at 11:02AM. Silly bears!

Bear! Bear! Bear!
Guest
Bear! Bear! Bear!

the US Fed is certainly creating another bubble in the USA. And we all know what happens to bubbles! Pop!

I know I’m not going to be buying an investment property in the USA. No siree! It’s a bubble. It’s a super dooper bad idea to buy there. I’m a bear after all.

And don’t tell me about missing the bottom. I’m way to smart for that.

Anonymous
Guest
Anonymous

Well clearly some people are unhappy with the opinions and information here.

Landbaron
Guest
Landbaron

@Anonymous:

I suggest you read previous postings. I’m a bear and have never lived under a bed, I’ve had sex under one, but never slept.

I sold a place in PM a year and a half ago. I admit I was speculating when I first bought it and enjoyed a nice run up in price. Had the market turned in 2008 (and not been propped up by cheap money) I would have lost my shirt.

I got lucky and realized it, so I sold as soon as I reasonably could. Once again I got lucky as prices rebounded and I got even more than I expected for the property. Would I buy the same place now? HELL NO!

Therefore I won!

Reality Bull!
Guest
Reality Bull!

vancouvercondo.info calls US real estate a bubble. That’s a sure sign to buy property in the USA today and sell it for a handsome profit in 7 years.

HAM Solo
Guest
HAM Solo

I doubt we are getting hacked. I suspect the problem is more technical in nature, or related to broader internet troubles.

However, it would be great to hear from the administrator whether they have looked into the problems at all and what has been done about it.

Slightly Bullish
Guest
Slightly Bullish

@HAM Solo:

Thanks for your baseless speculation HAM Solo. It’s always good to hear people’s uniformed opinions regarding matters they have no information on, especially on this blog.

Maybe VHB can make some attractive but completely useless graphs showing up time, latency, etc.

VCI Admin
Admin

Apologies to the bears, bulls and especially the very sensitive trolls. We seem to have a few problems that we are trying to take care of. Popularity of the site is up which means more visitors and at the same time someone from Belarus seems to have taken a great interest in vancouver real estate. We’ve blocked some IPs and shut down Vancouver Peak for the time being.

Hopefully VCI will have better responsiveness now and time permitting we’ll be doing further improvements to the efficiency of the site.

Vague enough for you? Thanks all for your patience.

Skyfall
Guest
Skyfall

Wow – trolls re-routing their attacks through Belarus IP addresses….

It seems this site has caught the attention of a few Skyfall wannabes…

C.Junta
Guest
C.Junta

OT
A bit of reassuring news in G&M today:
“Boom in public servants under Harper about to end, watchdog says”
http://bit.ly/UzJ1jP

“The number of “full-time equivalent” positions in the federal public service is projected to drop from 380,000 in 2010-11 to 349,000 in 2014-15 at the end of the government’s current cost-cutting plans. Even that level will still be slightly higher than the historical average of 336,400 full time public servants over the period from 1990-91 to 2011-12.”

“Looking south of the border, the PBO report found that the average U.S. federal public servant receives $110,400 (Canadian) in total compensation, compared to $111,300 for full time federal public servants in Canada.”

Aleksey
Guest
Aleksey

@admin:

Belarus? Oh, those Russian hackers!
Well, I’ll just throw it out there…
Is there even remote possibility that someone interested in high RE prices hired hackers to shut down VCI?
I know, conspiracy theories suck big time, but that’s a first thought came to my mind.

Homer Klaidel
Guest
Homer Klaidel

How is that a conspiracy theory? A lot of people have done a lot worse for a lot less.

Landbaron
Guest
Landbaron

@Aleksey:

I’ve noticed way more bulls lately on this site (not a problem) but have also noticed trolls springing up like crazy. I’m guessing rogue realtors with too much time on their hands?

Patiently Waiting
Member
Patiently Waiting

@Aleksey: I suspect its someone interested in the level of sales activity rather than just prices. Prices haven’t fallen that much so just about any worried homoaner should probably be able to still get out in one piece, especially if they have deep pockets. If they don’t have deep pockets, they got more pressing problems than this blog.

This could be an action of some rogue part of the real estate industry. Some wealthy, sleazy people own real estate agencies and home lending businesses.

patriotz
Member

@C.Junta:
In the past reductions in federal public service staff have usually been matched pretty closely by increases in consultants – often the same people who were let go. We will see whether the walk matches the talk this time.

Note that the “federal public service” does not include the military, RCMP, or Crown Corporations. The Feds recently purchased the old Nortel complex in Ottawa for DND.

Assuming that the feds really do plan to cut the payroll (including consultants), it makes the recent disproportional runup in RE prices in Ottawa even more illogical. It’s the areas that are closer to downtown – i.e. which house the most public sector employees – which have gone up the most, compared to say Kanata where the high tech workers live.

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