FFFA! August, Prices, Flippers, Slumlords & Richmond

It’s that time of the week again, Friday Free-for-all time!

Lets do our regular end of the week news roundup and open topic discussion thread for the weekend, hear are a few recent links to kick off the chat:

August Stats Summary
Canada among ‘most bubbly’ in world
BOC holds rate at 1 percent
A quarter live paycheque to paycheque
Real Estate doomsayers are wrong
Regulator eyes tighter mortgage rules
Realtor Hunger Index at 62%
Most expensive house price down $25 mil
Farewell Flippers in Trouble
Sunshine Coast down 22.5%
New Dyke standards hurt Richmond budget
Arrest warrants issued for slumlord

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

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This page has plenty of great posts on fat loss
Guest
This page has plenty of great posts on fat loss

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Son of Ponzi
Guest
Son of Ponzi

# 112
This busboy will be one lucky fella.
Working for one of the poshest Hotels in the BPOE.
Some would even pay to work there. 🙂

Son of Ponzi
Guest
Son of Ponzi

UBC = University of Beijing Columbia. 🙂

data junkie
Guest
data junkie

And the winner for most disgusting display of capitalistic greed goes to… the Fairmont Hotel!

https://frhi.taleo.net/careersection/ext_fairmont/jobdetail.ftl?job=323083&src=JB-10760

That’s right, they’re hiring an UNPAID intern to be… a busboy. A busboy internship. What the actual fuck is happening to this country?

ChinaOne
Guest
ChinaOne

My cousin please let them buy houses.

They at UBC and they led a cheer and it was not suppose to go public. Just like the washroom in a mall can videos.

My cousin are:

CUS President Enzo Woo

AMS President Caroline Wong

CUS VP Engagement Gillian Ong

FROSH co-chairs Jacqueline Chen and Jonathan Li

Please give them good job too.

Many Franks
Member
Active Member
Canadian Mortgage Trends comments on the recent “mortgage debt explodes” story: If you look at page S17 of this Bank of Canada document cited by Huffington Post, you’ll see a $259 billion jump in mortgages on bank balance sheets in November 2011. Roughly $250 billion of that was due merely to this accounting rule change. It wasn’t from new mortgages. Banks don’t even close that many mortgages in a whole year. It’s unfortunate that stories like this make it through editing and fuel unwarranted skepticism of mortgage lending. Luckily, top policy-makers are informed enough to see through this bunk… one hopes. And a couple of good comments in response, including this from Stats: Good catch… the article definitely exaggerates the numbers. But the debt growth is still pretty big: Take away $250B from $879B and you have $629B in June… Read more »
The Professor
Guest
The Professor
tedeastside
Member
tedeastside

i`d rather live next to people who piss in garbage cans than listen to Bruce Springsteen

Beuller
Guest
Beuller

Is that 3 Road and Westminster?

As long as douchebags racing their satellite dads Lambos and no bikes that’s manageable.

https://www.facebook.com/photo.php?v=517414514995838

logic
Guest
logic

ILoveCharts Says:
September 8th, 2013 at 3:43 pm 103
I’m white and I’d rather live beside a Chinese grandmother who hasn’t yet adopted to the cultural norms of our country than a racist.
———–

That is a very racist thing to say.

Toilet Trained
Guest
Toilet Trained

I don’t believe it’s racist to criticize the unsanitary practices of other cultures, especially if members of that culture want to move here. Shaming people helps them adjust.

Plus, Hong Kong people make the same criticisms of their Mainland ethnic kin;

http://badcanto.wordpress.com/spot-the-mainlander/
http://sg.news.yahoo.com/china-boys-public-urination-peeves-hong-kongers-110418118.html
http://chinalert.com/2010/10/03/mainlander-shits-in-hong-kong-shopping-mall/

Toilet Trained
Guest
Toilet Trained

I don’t believe it’s racist to criticize the unsanitary practices of other cultures, especially if members of that culture want to move here. Shaming people helps them adjust.

Plus, Hong Kong people make the same criticisms of there Mainland ethnic kin;

http://badcanto.wordpress.com/spot-the-mainlander/
http://sg.news.yahoo.com/china-boys-public-urination-peeves-hong-kongers-110418118.html
http://chinalert.com/2010/10/03/mainlander-shits-in-hong-kong-shopping-mall/

Chabar
Member
Chabar

As long as douchebags racing their satellite dads Lambos and no bikes that’s manageable.

https://www.facebook.com/photo.php?v=517414514995838

ps. watch the white shirt guy.

Anonymous1
Guest
Anonymous1

Post 102.

Hope that video wasn’t in Canada!!

Otherwise J Kenney has some explaining to do. I’m sure some TFW working in mansions as nanny’s get daily beatings…as people with less money are considered less important in those cultures.

Once they have the majority, Caucasian nannies will also get beatings. My prediction.

I got downvoted last year for suggesting Chinese let their kids go to washrooms everywhere, even in malls.

ILoveCharts
Guest
ILoveCharts

I’m white and I’d rather live beside a Chinese grandmother who hasn’t yet adopted to the cultural norms of our country than a racist.

The Key Real estate
Guest
The Key Real estate

Potential Vancouver Condo buyers.

http://www.youtube.com/watch?v=44J15QGhxlE

Coming to a neighbourhood near you.

It is what it is...
Guest
It is what it is...

Also, we assume that people abide by their visa requirements and voluntary leave when their papers tells them to. We will know once the new system comes into place whether this is true.

It is what it is...
Guest
It is what it is...

Jesse,

Your comment copied below exudes ignorance. I work for the Federal government and can tell you that Canada does not have accurate numbers for Temporary, Visiting, and Permanent Residents! What we do have data for is the “Total Number of Entries” at Canada Border Services stations at Ports, Airports, and Land crossings.

We don’t have an Exit Tracking system yet to identify who leaves Canada. We are working on one but it is several years away. As of right now, we simply don’t know who has overstayed their visa.

———————————————————————-

“You can get records of both temporary, visiting, and permanent residents from the “official” government sources.”

It is what it is...
Guest
It is what it is...

Post 97 and 98:

Prices are being raised because demand is increasing with respect to the “haves”.

Buddy of mine bought 600 acres of farmland a few years back on the outskirts of Regina. Just sold them for triple, yes triple, the price.

He is looking for a house in the $2 Million price range now.

Do you really think a “have not” has the means to buy $1 Million dollar homes anymore. These blogs are becoming laughable.

Softy
Guest
Softy

Lots of people are raising their listing prices in response to the red hot market of late. Look at this unlivable dump now listed for $1.088M:

http://www.ecorealtyinc.ca/listing?id=260498222

Used to be 100K less on June 15:

http://lower.yolasite.com/vancouver.php

UBC in crisis
Guest
UBC in crisis

On the west side, if you cann’t sell, then increase the price:

After a few months on the market for $3,990,000, this old house is newly listed for $4,380,000:

http://www.estateblock.com/vancouver-real-estate/1988-western-parkway-vancouver-bc-v6t-1v5-mls-v1025778-1.html

Clive
Guest
Clive

http://oilprice.com/Energy/Energy-General/Chinese-Energy-Companies-Continue-Canadian-Acquisitions.html

Having recently acquired important stakes or out-right ownership of major Canadian energy firms, Chinese companies are now continuing their penetration of Canada’s energy sector by targeting the juniors.

Naked Official #9000
Guest
Naked Official #9000

loyal and disloyal cadres alike:

http://www.china.org.cn/business/2013-09/02/content_29896132.htm

rise! rise! with resolute resolve to resolve to resolutely to smash USA hog market regulations!

patriotz
Member

Today, a condo in Vancouver is no longer viewed as a winning investment, so much as affordable housing and forced savings plan.

Nice work to pack a multi way contradiction into a single sentence.

Aleksey
Guest
Aleksey

I’m sorry if it’s been posted before
http://www.estateblock.com
So much better than realtor.ca