Vancouver no longer on planet earth?

The Condo King has emerged from hibernation and seen no shadow: that means two more years of bubble.

“We no longer live in Vancouver. We live on the planet.”

With that remark, renowned Vancouver realtor Bob Rennie attempted to explain the evolution of this city’s exasperating housing market.

He made the comment last week to a conference of the Urban Land Institute, an organization representing realtors and developers who intimately understand what the condo guru was referring to.

Full article in the Vancouver Sun.

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6 years ago

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6 years ago

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Wife Beater Joe
Wife Beater Joe
6 years ago

Yeaehawww Best Place on Meth is right. Those commie pigs need to all be identified and shot!

We should bring back them there internment camps like when those crazy guilty Japs where living in our country. Lock em all up so they cant buy my East Van crackie shack. Yeaehawww!

cici
cici
6 years ago

there you go your new Asian capitalists:

http://stream.wsj.com/story/latest-headlines/SS-2-63399/

Reality Check
Reality Check
6 years ago

GT on his blog denying the existence of HAM. some of his biggest clients are Chinese I’m told.

Not surprised then.

What I am surprised is the the following he has. Mostly people that can’t think for themselves.

But GT is a politician. He got kicked out of government. But the qualities persist. He is a liar of the worst kind.

OV
OV
6 years ago
RealityCheck
RealityCheck
6 years ago

Johnyboy: That coffee story is nothing. I landed in India and was to travel to my destination by car some 400 km away. My driver who I always hire picked me up and we proceeded to head back. A relative of mine accompanied the driver to pick me up. Halfway, we stopped at a large restaurant in the middle of the night. We sat, I told the driver to accompany us. The three of us order food and tea. The tea came first and it was warm and not hot. The driver asked the server (a grown man) to come closer and said the tea was not hot. Driver got up and slapped the server on the side of the face. It was the hardest slap I’d seen and I play hockey. The server was hurt but stood there. He… Read more »

Heard Herd selling
Heard Herd selling
6 years ago

Pet Peev, so many high end cars, so many dipships talking on their phones, you have no idea how to work the premium tech package your 100k car has, jeez ccan’t even work a bluetooth device, and so many high hp engines and they complain about bad fuel economy, duh your a 100 lb asian grandma with over 400 hp twin turbo, too short to even nail the pedal to the floor board, maybe next time don’t let the salesman sell you the most expensive model. PS buy a Prius if you want high mpg

Son of Ponzi
Son of Ponzi
6 years ago

#87
Rich and powerful Chinese will never lose their temper (face) in public.

Johnny-boy
Johnny-boy
6 years ago

interesting experience in shows that it is not just the HAM in West Van that are self-entitled, it must be a rich person thing. ‘ We are used to HAM ladies lined up in the Mercs in the ‘no stopping area of the rec centre engines going waiting for their kids. I usually tap gently on the window and tell them to switch off their SUVs. Some do and some look the other way. Today I saw that we have our own PITA people too. Waiting in line in the coffee shop with my kids. Elderly surgically preserved designer gym clothes Canuck barges in to the front without a please or excuse me and tells the girl. “This coffee is too too hot to hold for the even the sleeve I want it double cupped”. the girl tells her nicely… Read more »

Son of Ponzi
Son of Ponzi
6 years ago

Last May we had a total of 473 net listings.
This May, we have already over 800, with 6 working days stil to go.

NIMBY King
NIMBY King
6 years ago

Right the totalitarian thugs who run the country, I said the Chinese people.

Just like how we have a free democratic country, where cough, the politicians really really care about us and their actions really are in our best interest.

Funny the commie thugs who come here are gasp participating in a capitalist past time, buying real estate!

Heard Herd selling
Heard Herd selling
6 years ago

17-unlucky # 13 = 4 death of the market..my trustee friends tell me thing’s are rapidly unravelling, debt got lotsa people in a knot

Best place on meth
Best place on meth
6 years ago

“The guys posting/upvoting about commie bs are idiots, the Chinese people are more/better capitalist than any of us westerners.”

No, you’re an idiot.

What do the totalitarian thugs who run the country call themselves?

That’s right, Communist Party of China (CPC).

If it were up to me I’d call them the Totalitarian Thug Criminal Scumbag Party of China (TTCSPC) which would be far more accurate but hey, it’s their gang.

Someday they’ll be put in front of a firing squad like they deserve.

Lifetime Renter
Lifetime Renter
6 years ago

@78 – Xinhua is the mouthpiece for the Stalinist bureaucracy cum nouveau riche that rule China. When they publish an article like the one you reference claiming ‘it’s different here’, you know they are worried. The continued rule of this monumentally corrupt and brutal regime is threatened by any serious downturn in the Chinese economy, even if the downturn is less than what occurred in the U.S., Hong Kong or Japan as a result of the collapse of their property bubbles. We rarely hear of the endless mass ‘incidents’, including strikes, in opposition to the conditions endured by hundreds of millions in that country. Those who rule need high rates of economic growth and extreme repression to keep the lid on the pressure cooker that is Chinese society. Once the first part of the equation disappears, all bets are off.… Read more »

Son of Ponzi
Son of Ponzi
6 years ago

HAM don’t like drinking.
The Legends Pub in central Richmond is being torn down to make way for another high rise.

Son of Ponzi
Son of Ponzi
6 years ago

Happy 17k!

paulb
6 years ago

New Listings 289
Price Changes 142
Sold Listings 142
TI:17048

http://www.paulboenisch.com

Seafair Dweller
Seafair Dweller
6 years ago

Another take on housing bubbles in the US and Asia (no mention of Canada). Interesting article.

http://news.xinhuanet.com/english/china/2014-05/21/c_133349951.htm