@Devore, I agree. If the suite is rented, then there is no recourse. But if it sits empty for weeks after the landlord did not accept reasonable alternate proof of income, a case for discrimination can be made in various ways. Much is being made of the fact that SIN is mentioned directly in the BCRTO guidance, so I’ll give one more example that makes it clear that the intent is not being understood. Consider a foreign student with ample alternative proof of sufficient means but no SIN. What do you think BCRTO would say about a landlord that insists on a SIN and Canadian credit check, when none is legitimately available? It’s illegal discrimination against a particular group of tenants, that’s what it is. Remember people, record your conversations with landlords. You never know what they’ll say that you… Read more »

I think everyone agrees that house prices in general have reached a peak. Even at low rates, higher prices just are not sustainable unless momentum/Ponzi thinking rears its head again. Having said that, a catalyst is needed to scare people. Then it’ll be downward momentum. The thing that is different here is that the banks are our CMHC and our Finance Minister. Garths Blog does another head fake. Now no interstate rates hike..lol 1) first it was ‘crash’ 2) then it was ‘correction followed by melt’ 3) then it was interest rates are going to rise last year. 4) then it was he was talking about bond yields and not the BoC rate. 5) then it was that in demand areas will hold their value while others crumble. 6) now he says interest rates won’t rise anytime soon. Then they… Read more »

Active Listings in Richmond (Hamsville) BC:
2163

@VHB Says: “Here is my archive of PaulB” Thank you!

Now others can do their own work or QC their data. Here is one already:

Looking back at a Feb 2012 summary posted on VCI:

http://vancouvercondo.info/2012/03/friday-free-for-all-195.html/page-4/#comment-145923

For Feb 8, 2012 it quotes 516 listings. I was told by a recent VCI commenter that was the sum of Feb8 + Feb9 listing counts. When I add up your Feb8 + Feb9 == 265 + 229 == 494 != 516.

The rest of the Feb2012 listing counts are in agreement with yours and since you have both days it’s safest to assume the other post was faulty arithmetic.

Thanks again for posting your copy of the data.

Mclovin – remember that our recent economic boom was unsustainable and built on the ZIRP model – the same model that has crashed economies around the world. It’s hilarious that the liberals actually think they created the good times – just listen to their ads. Now the NDP might make the inevitable crash worse here, but it’s coming whether you like it or not and regardless of who wins an election.

As the old saying goes – BC doesn’t vote in a new government, it just throws out the old one!

@anon#50: “misleading them [on valid recourse]”

Re: ‘discriminatory/excessive financial disclosure’

Not my experience. I explained what happened in my case. I provided tangible proof of creditworthiness and financial means but would not consent to landlord’s copy for his files. In the end, landlord copied only my ID and bank account number of the disbursal account. Privacy of tenant financial information is valid recourse.

mclovin Says: “If I am wrong, please please tell me what the NDP will do that is good for business or the economy?”

You are in fact correct. The BC NDP is an economic disaster waiting to happen. It has been a long time since the NDP have been in power and most people have forgotten the damage they did or how their policies are destructive. Fresh in peoples memories are the Liberals who have worn out their welcome for many. Unfortunately people will cut their nose off to spite their face and vote with emotion rather than logic.

Short’em High Says: “you have my reply on precisely how to deal with discriminatory/excessive financial disclosure to landlords”

The problem is landlords are allowed to do credit checks and ask for a SIN to do it. They can refuse to rent to you if you do not provide it. It is that simple. Those are the regulations. I didn’t make them up just passing on the information. When people like you provide false information that landlords are being ‘discriminatory’ when they request this information and that a renter can win a case with the RTO based on ‘discriminatory/excessive financial disclosure’ it is just completely not true. You are misleading people.

I’ve created an animated .gif file of VMD’s fantastic work on the GV RE battle. I’ve created a post in response to VMD’s original post at Vancouverpeak.com, but will post the link to the .gif here as well. Enjoy!

Here’s the link:
http://postimage.org/image/s2vbzk2ed/

That would be awesome VHB, can you dump it on vancouverpeak.com ?

VHB Says: Need the backdata on daily sell-lists?

Yes, thanks!

You could post a file to

https://anonfiles.com/

and publish the link on the board.

Then even those who have the data can compare entries with yours. Maybe you’ll get some feedback on differences.

@Anonymous(#32),

Rather than double posting here, as you did, you have my reply on precisely how to deal with discriminatory/excessive financial disclosure to landlords on the previous thread. Per the original apartment hunters question, if applicant is prepared, it won’t be necessary to leave copies tax of numbers/records all over town when looking for a new apartment. So, notwithstanding Anon#32’s overbroad interpretation of BCRTO’s very specific wording, there are ways to make a discrimination case stick with BCRTO if you want to pursue it.

@N

Quick explanation:
We would have alternating periods of deflation and inflation, more or less equally. Not the constant 2% inflation that central banks target which is only to the benefit of those with first access to money.

Some reading to start if you’re interested

http://globaleconomicanalysis.blogspot.ca/2010/11/unthinking-economic-parrots-and.html

History of US inflation: http://libertyblitzkrieg.com/wp-content/uploads/2013/01/InflationChart.png

“If the 2nd derivative of prices is showing some slowing of the drop in March”

I don’t understand this. What is the second derivative of prices?

how about this:

“Money is loaned to the producers (industry) by the National Credit Office, for the production of new goods, which brings a flow of new goods with prices . Since wages are not sufficient to buy all of available goods and services for sale, the National Credit Office fills the gap between the flow of purchasing power and the flow of total prices by issuing a monthly dividend to every citizen. Consumers and goods meet at the market place (retailer), and when a product is purchased (consumed), the money that had originally been loaned for producing this product returns to its source, the National Credit Office. At any moment, there is always equality between the total purchasing power available in the hands of the population, and the total prices of consumable goods for sale on the market.”

“Not the same type of deflation I referred to.”

What kind of deflation would we get without central banks?