Harper plans to pump up housing market

Harper has announced an interesting goal: 700,000 new home owners by 2020.

Harper says home ownership provides Canadians with financial stability and strengthens communities.

According to information provided by the party, the target would raise Canada’s home ownership rate to approximately 72.5 per cent. The Canada Mortgage and Housing Corp., citing information from Statistics Canada’s National Household Survey, says the home ownership rate was 69.0 per cent as of 2011, the most current data available.

Meanwhile in the Metro area home ownership rates have moved from 56% in 1986 to 65% in 2011.

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bullwhip29
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bullwhip29

>>>reposting this from prev thread…

Shaughnessy mansions to be protected
New Vancouver conservation area prohibits demolition of houses built before 1940
http://www.vancouversun.com/news/metro/shaughnessy+mansions+protected/11400830/story.html

>>>city staff unanimously recommends setting up a Shaughnessy heritage conservation area named Shitsilano (just kidding…)

Best place on meth
Member
Best place on meth

Let’s just quit pissing around and try to get the country up to 100% homeownership rate.

Then we can declare the real estate market closed and send all the agents home.

Tiger
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Tiger
doc
Guest
doc

bears time to capitulate !

no more hiding places left

doc
Guest
doc

rents will be going up up up

Ulsterman
Member

Pity poor Shaughnessy resident Bob Angus from Bullwhip29’s link! He’s lived in Shaughnessy for 3 decades so probably has a mortgage-free mansion. Listen to him bleat to the Vancouver Sun reporter.

“If I want to sell my house and move downtown to a condo, I now no longer can afford the condo I could before.”

Reallly Angus? How enormous a condo were you planning on buying? Your Shaughnessy mansion sale won’t cover a condo. 1st world, rich man’s problems Angus – call Amnesty International!

Best place on meth
Member
Best place on meth

Sorry Angus, you’re going to have to downsize from a 4000 sqft oceanview penthouse to a 3700 sqft oceanview penthouse.

Life’s a bitch sometimes, my condolences.

lurker
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lurker

Yellen can’t raise rates fast enough.
Stick a big rusty fork in this bloated family-killing gasbag.

w
Guest
w

Can easily be achieved by allowing in 140,000 HAM per year.

Polozi Scheme
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Polozi Scheme

Anyone post this back in June?

http://www.vancouversun.com/news/Zero%20tolerance%20evasion%20Ottawa%20claims/11142016/story.html

I still don’t know who to vote for..

patriotz
Member

@9: “I still don’t know who to vote for..”

These guys do:

Richmond Centre 2011 federal election redistributed results
Party Vote %
Conservative 19,789 58.06
Liberal 6,391 18.75
New Democratic 6,203 18.20
Green 1,699 4.99

patriotz
Member

Harper makes direct pitch to Chinese Canadian voters

The Conservatives should be their natural party, Harper told a banquet hall where people stood in the aisles ten deep, many holding their phones aloft to record his remarks.

“A strong work ethic, a commitment to education, dedication to family and faith are keys to success,” Harper said.

“These are the values of the Chinese Canadian community and they are also Conservative values.”

This kind of appeal to ethnicity is not acceptable from the Bloc Quebecois and it’s not acceptable from the Conservatives.

Tiger
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Tiger
Shut It Down Already
Guest
Shut It Down Already

Oh please. The reason that the Conservatives form the current government is because lots of people, from all demographics, voted for them. Nice race-bait attempt, though – 8/10.

bullwhip29
Guest
bullwhip29

@ #5

i wonder if the remaining 316 homeowners file a class action lawsuit against the city at some point in the future? i can see it now…taxpayers wind up footing a billion $ bill to compensate these poor old souls for loss of value, emotional damage and whatever else the lawyers can dream up. naturally, the valuation used will be the higher of (a) current value at time case made or (b) highest valuation in 2015 (if market does indeed tank). on the flipside, if you were clever (and/or connected) enough to scoop up any older properties nearby built post 1940, you just hit the jackpot. demo away…

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

haven’t heard anything about wanting qu in a while. as soon as she became a liability she just disappeared and the powers that be seem to have silenced the media.

bullwhip29
Guest
bullwhip29
“Statistics Canada reported that Canada’s real gross domestic product grew by 0.3 per cent month-over-month in July, building on the 0.4-per-cent growth posted in June.” “However, Statscan did revise its June growth estimate down slightly, from an originally reported 0.5 per cent, making the report more or less a wash relative to expectations.” “Economists now believe third-quarter GDP is on track for annualized growth of between 2.5 and 3 per cent, well above the 1.5 per cent that the Bank of Canada projected in its most recent forecast in mid-July.” http://www.theglobeandmail.com/report-on-business/economy/growth/canadian-economy-expands-more-than-expected-in-july/article26596062 >>> most economists were totally blindsided by the slowdown earlier in the year despite the crash in oil prices that preceded this by several months. doubtful these rosy predictions for Q3 (in some cases calls made for Cda to outperform the US) will pan out. who here thinks the… Read more »
bullwhip29
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bullwhip29

Mixed Q4 earnings from Costco…
http://247wallst.com/retail/2015/09/30/costco-up-on-mixed-q4-earnings/

“The company noted that in this quarter comparable sales were down 1% across the company, primarily driven down by Canada and other internationals. Canada’s comparable sales were down 10%, while all other internationals had a decline in comparable sales by 7%.”

bullwhip29
Guest
bullwhip29

@ #4

if #2 is correct (and everyone winds up owning vs renting) who will live in all the empty basement suites, coach homes, laneway houses, condos, apts, shipping containers etc…

only plausible solution is even more HAM + esl offspring

funny thing is that i am hearing more and more chinese complaining about their own kind flooding into canada in recent months

the prospects for the airbnb’s and vrbo’s of the world looking better and better by the day…

Corrupt in Canada
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Corrupt in Canada
Best place on meth
Member
Best place on meth

@11

“The Conservatives have more candidates of Chinese origin than any other federal party, Harper said, listing off people running in Vancouver, around Toronto, Ottawa, Windsor, Ont. and Quebec.”

So fucking what, does that mean chinese people should vote for a candidate just because they’re chinese too?

Any party that panders to ethnic groups is just plain sleazy.

space889
Guest
space889

@Best place on meth – Cuz people like you does such a good job of representing groups like the Chinese….

space889
Guest
space889

So what do you expect Jenny Kwan to do about the immigrants hiding their assets? Considering she is a provincial politician whose party hasn’t formed a government in 12 years, and that immigrations and income taxation is a federal matter?

She raised valid concerns back in the days and got it printed in the national media, probably pissed off a lot of HK hongers back then. I think she did what she could. Which is a lot better than a lot of hate spewing bears on this blog ever done, combined.

Best place on meth
Member
Best place on meth

China cuts downpayment requirements to boost property sector

https://finance.yahoo.com/news/china-cuts-downpayment-requirements-boost-110412126.html

Another desperate, panicky move.

Best place on meth
Member
Best place on meth

China halves car sales tax to boost sagging economy.

https://finance.yahoo.com/news/china-halves-car-sales-tax-113901934.html

Another desperate, panicky move.

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