FFFA! Condo Hell.

Ladies. Gentlemen. Does anyone have a timepiece on them?

What time is it?

Oh, yes. I see. It’s Friday Free-for-all time!

So lets waste no more time and hop right into it.  This is what we do at the end of every week, our traditional link round up and open topic discussion thread for the weekend.

Let’s go!

Hell is life in a Condo
$91M saves $1.1B Boondoggle
Mo money, mo problems
$1M mouse infested house
Sad you can’t buy?
25% regret buying a house

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

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Miguel

“It’s really amazing when the whites took over this country from the Natives, they weren’t complaining. Now the chinese take over and so many Canadians are now up in arms.”

The whites who “took over” certainly didn’t arrive on a 747. Also I don’t think there were any schools, roads, sewer systems, hospitals, ports, etc. Great analogy bud.

UBC in crisis mode

This property on Van West sold last week:

5530 Chancellor Blvd, UBC area, asking $4,088,000.
This is a quick flip, and I wonder if the seller made any money.

Detals: http://www.dannydeng.com/PrintPDF.php?listingid=429

space889

– I don’t recall BPOM saying whites pissing in public makes all Canadians scumbag filth and Canada a piece of shithole, unlike those couple Chinese kids who while not having the power to control themselves ’til they find a washroom, do have the power to make all Chinese filthy scumbags.

Uncle Tom

Been looking at Shaughnessy listings and the cheapest listing on a huge lot is only 1.5 million, on oak. This is down from even 6 months ago when that lot was going for 2 million. Looking at some van east houses, you see listings in Fraser area for 600k, which was unheard of a year ago. Things are definitely coming down but are the MSM reporting it? Doubtful.

Loon

Enough with the peeing !!!!!!!!!!!!!

southseacompany

“China’s Property Bubble Has Already Popped, Report Says”, Wall Street Journal

http://blogs.wsj.com/chinarealtime/2014/05/05/chinas-property-bubble-has-officially-popped-report-says/

“China’s great real-estate bust has begun, says Nomura. A combination of a huge oversupply of housing and a shortage of developer financing is producing a housing market downturn that could drive China’s GDP to less than 6% this year.”

““To us, it is no longer a question of ‘if’ but rather ‘how severe’ the property market correction will be,” three Nomura analysts wrote in a report released Monday. And there isn’t much the government can do to head off problems.”

patriotz

@112: (etc)

First rule of journalism: Man bites dog is news. Dog bites man isn’t.

Now match up these two to peeing in public in Canada, and peeing in public in China.

True Canadian

Here is how we celibate Canada day by urinating on the National War Memorial in Ottawa. If only the Chinese could learn our traditions.

http://www.canada.com/nationalpost/news/story.html?id=522fbf0c-e034-4e67-bbd8-a0657769c3ec

True Canadian

Anyone here eat pizza like a true Italian? Pizza Hut manager fired after getting caught on video urinating in sink

Read more: http://www.vancouversun.com/news/Pizza+manager+fired+after+getting+caught+video+urinating+sink/9530438/story.html#ixzz30p1erjuC

True Canadian
True Canadian

Another great true Canadian tradition is to urinate on a memorial. I wish the Chinese could be more Canadian.

http://www.cbc.ca/news/canada/british-columbia/urinating-on-komagata-maru-memorial-leads-to-no-charges-1.2496062

tedeastside

we should all pitch in and get Snake some ESL lessons
so he can swear and scream at people better

poor guy immigrates to another country and throw’s a fit about the people in his new country, do you need a hug bro

btw welcome to Canada

True Canadian

Here is how a true Canadian does it.

http://www.winnipegfreepress.com/canada/police-probe-videotaped–attack-on-homeless-man-165550236.html

How rude of the Chinese for doing it in a garbage can when she could have her child pee directly on someones head like a true Canadian. I guess she doesn’t understand Canadian culture. Peeing in a garbage can when your child starts to wet himself is taboo, however peeing on a homeless persons head while they are sleeping is hilarious.

@space889

asians who pee on Granville street after 2AM are treated exactly the same way whites are.

so what are you whining about?

btw: http://www.vancitybuzz.com/2013/08/meanwhile-in-richmond/

Ray

Larry should post his graphs and never type a single word. I have made this point countless times on his blog, and just recently he referred to me in the opening line of one of his posts. You need an education before you can write a blog.

space889

Isn’t public urination a weekly, if not daily event on Granville street after 2AM??

Also plenty of public urinations and attempts after Canada Day celebration in Victoria when I was there 2 years ago. Some were caught red handed by the police too.

However, I guess if the pissers were white, that’s ok because it’s classy, civilized, or cuz they had no choice cuz Vancouver don’t have public washrooms….unlike HK where there is always a public washroom in easy reach of a child desperate to go. I guess BPOM never ever had any accidents while he was a kid.

LS in Arbutus

Mac:

Totally agree!

I appreciate Larry’s stats and blog. However, I often find myself trying to understand his point. Is he trying to make a point, am I supposed to be reading between the lines or is he, as many are, just not a very good communicator. I think all of the above, so his commentary just frustrates me!

Here in Arbutus, I’ve see LOTS of listings and sales of empty houses/HAM houses in the last year. It appears they got the memo (and Cdns haven’t.) However it also seems like HAM selling to HAM.

So…. not sure really….. however, I do know this, they are in their own bubble as well…. and so it continues, but for how long we don’t know.