….So now is the gay community and not ham….

GLAM: Gay & Lesbian Ardent Money

Was at dinner tonight and met an acquaintance from West Van. Owns a house there, fully paid off, so was good to get some perspective from the moneyed crowd. For years, this guy has been denying the very existence of a bubble, citing all the usual excuses: scarcity of land, immigration, rich foreigners etc. But today he offered slightly different advice: don’t buy a condo as you won’t see any growth, or maybe even a townhome. If you can swing the monthly on detached, go for it, as it only ever goes up. I expected the last bit about SFH always going up, but was surprised to hear about the condos/townhomes. All I can think is that if even people like him think condos and townhomes won’t go up, then the game is very close to being up. When a… Read more »

Well, duh – no locals believed the child poverty stat:

http://www.vancouversun.com/news/Part+Ritzy+Richmond+neighbourhood+where+many+poor/11136169/story.html

4th one found hiding in GVRD.
Wife emigrated from China in 2003, and he landed in mid-2005. She gave an interview to Singtao reporter, saying her husband was then only 22-23 years old.
Singtao found out that they purchased their Chilliwack property in 2006, perhaps with daddy’s money.
http://tinyurl.com/pooe232

Royce,
more and more, todays business in Canada is conducted from yachts tooting around the Salish. SKOOK needs to update us on Pender Harbour. Alberta money is hell bent on exploiting every conceivable knook and cranny on the coast, but it is the aboriginals, who only collect rent, that are doing any of the breeding. Vote with your feet.

see the parallels ?

Americans turning Against Free Trade

… are they xenophobic ? rational explanation, same as Vancouver RE summarized in the sub title:

When the proceeds of growth are not widely shared, the consensus in favor of pro-growth measures cracks.

At the moment, it seems buyers are more interested in enjoying the sunshine then trying to out bid one another.

Weakness building under the radar.

WSR

gathaca says: “There was also a mouldering old mansion in Vancouver’s exclusive Shaughnessy neighbourhood, which he had spruced up and which is now worth about $14 million. For reasons unknown, Yuan decided to keep the house empty”

While Shaughnessy house was being refurbished, he bought and lived in 963 King Georges Way. 3333 The Crescent has been on sale since 2012. Technically, it is an investment, but of course his lawyer can argue and establish that it was his principal home.

The reason Apple is approaching a market cap of $1 Trillion Canadian dollars is it, along with Google, has the potential to become the “Great Filterer” of information.

Then the bottom 99% are really screwed.

The masses can bring the business system to its knees by boycotting one business in each sector.

The only defence is keep the masses uneducated and divided and confused…it’s working.

Canadian and world elite meeting this weekend in a secluded Austrian mountain resort behind police checkpoints…..you can’t make this stuff up…….

http://www.theguardian.com/world/2015/jun/10/at-g7-we-journalists-pampered-bilderberg-we-harassed-by-police

http://bilderbergmeetings.org/participants.html

The English were “dumb” to vote for Thatcher?

When we left England for Canada in the 70s my mom had to hide her meager savings in her stockings, because the country was so destroyed it banned people from leaving with their money.

What’s that saying about people ignorant of history doomed to repeat it.

Just a regular HAM looking for healthcare and education. ” You hid yourself in Canada and dared not come back. Do you want me to help you so that you will lose your Canadian resident (sic) status? … You told me over the phone that you had a fake marriage with somebody in order to immigrate to Canada. I heard it with my own ears.” http://www.vancouversun.com/news/national/assume+want+kill+something+messy+mysterious+life/11132421/story.html Yuan left his native China for Canada in 2007, the year he turned 34. Reasons for his move are still shrouded in mystery, as are certain details from his personal life: his living arrangements, the women and children he kept sequestered, and the source of his enormous wealth, estimated at $50 million. Before his murder in West Vancouver last month, Yuan received a threat. “Trust me, it is not difficult to make your affairs… Read more »

If you want to move to Quebec, do so now before they cease the $7-a-day daycare and the free infertility treatments.

btw, despite some Quebec developers cancelling projects due to diminishing demand, others claim amongst their clientele are the buyers from China, the Sheik-land and the New Orleans.
http://ici.radio-canada.ca/regions/Montreal/2015/06/10/004-condo-vente-difficile-marche-montrealais.shtml

Be careful that you are not jumping out of the frying pan into the fire.

#54

‘Sponsored Content’ in local Ontario newspaper.

At least they clearly mark it as sponsored, unlike the Vancouver Sun where they print whatever RE industry orders them and put it as ‘news’ or ‘editorials’.

Was sampling the free treats at Costco, trying to stretch a dollar like the rest of the herd, when around the corner comes this interesting conversation: Man with European accent: Everything goes up in price but wages, ja? Canadian man: Yep, only one word for it: inequality? Man with European accent: Yes, that is a good word, inequality. You think the people are getting fed up with it though, it seems like it Canadian man: Yes, they are upset. It’s because trickle down doesn’t work, only trickle up Man with European accent: Yes, I agree. You seem like an intelligent person, I’m glad we talked Canadian man: Yes, okay, have a good day Canadian man went off to meet his wife, a Nordic-looking blonde, while the European man went off with his Asian wife. Warms the cockles of my heart… Read more »

do you know anything about Election Astrology, ditz?

#56
someone once said “People deserve the Government they elect”.
Kristy and her merry band really take the cake and have us eat it, too.
What were people thinking?

Krusty’s biggest blunder of course was when she told the Vancouver taxpayers recently that the dummies who purchased Van RE in the past couple years should be protected (when every sane economist was saying otherwise) and use their Helocs to “fund other projects”. Great idea Krusty – everyone in Van should pay insane RE prices and add to that even more debt. Fucking dumb right wing policies which began in the 80s w Reagan and Thatcher and collapsed in 2008. The only reason IT didn’t happen here is because the Liberals will sell their soul to corrupt off shore interests. And yet the 99% are so brainwashed to think laisse-faire capitalism works while the 1% continues to take more and more of new wealth. It’s time for the middle class to use their votes to get the power back to… Read more »

Christy Clarke’s latest blunder – the Burrard Bridge Yoga fiasco, The healthcare workers firing/suicude before that. Easy ethnic votes was a while ago but the list goes on and on and on. And yet for decades the BC voters are so brainwashed that this 1% government will do something for the middle class that their arrogance has no boundaries. Krusty never pays the price for her/Liberal blunders. If the Liberals are still in power in 2 years myself wife and kids will be gone. Quebec is looking great right now. We would be emigrants that would actually stay where we plan to – not some HamScam that Canadian Government “trusts” to do the right thing.