Friday Free-for-all! Spring Cleaning

It’s the end of another work week and you know what that means…

It’s time for some tidying up! Site looks a little different?

And of course it’s also Friday Free-for-all time!

This is our regular end of the week news round up and open topic discussion thread for the weekend.

Here are a few recent links to kick off the chat:

effects of the low dollar
good for boats
bulls right, bears wrong
legalize squatting
free markets

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

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Ray

How is sorting by “newest” showing the Newest at the top? When you sort this page by Newest, the “Cool Story Bro” (a pic just posted a day ago), appears as the absolute last post in the list (dated almost 3 days ago). Sorting by “newest” in this regard only works if you simultaneously disable inline comments for this sort.

Threaded is a good view, but not when you’ve been reading this site for years finding the latest posts at the bottom of the page and thus you need to rescan the entire page many times per day. Reading space’s posts once is once too many. If I have to read his posts multiple times, then I should be able to vote them down multiple times, too.

Ray

Sorry, I guess my point isn’t clear. As a test I replied to Cool Story Bro with a test comment. So my comment is 8 seconds old — the very newest of all comments. If I now click “Sort by: newest”, my comment is the very last comment on the page. It’s an extreme example, but the point is sorting by newest only affects the top-most comment and neglects the inline or threaded comments.

tedeastside

where would you rather live Maui or vancouver

Tiger

$100,000 p/yr in “walking around money
https://www.locatehomes.ca/bc-real-estate-listings/vancouver/mls-R2025444/4728-60-Main-Street-Vancouver-V5V3R7?id=262047071

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What kind of idiot comes with the quote like that ?

Yunak

Oriental massage parlour with happy endings, cash only.

ostritch

No room for migrants: “Officials now see urgency in shutting out the less educated to ensure public security…”

It’s all for the good of the city. Curbing entry will simultaneously curb housing prices because you will have to apply and wait for a long time to get a permit to live in Shanghai. There is very little land left, and having used a precious 100 sq. km for educating migrant children, the government now sees the wisdom of doing things differently. A Savills real estate director suggested “that housing authorities maximise use of land in building new homes.” Big ones I would think, where the staff has basement or attic accommodation. It’s Downton Abbey Shanghai-style.

I can see this happening in Vancouver over a long enough time horizon.

patriotz

http://www.bbc.com/news/world-asia-35359776?SThisFB

Chinese ghost towns are a well documented phenomenon – completely built up cities with very few people living in them.

But the Pentagonal Mart has now gained the dubious title of Shanghai’s largest empty building.

ostritch

We have yet to see what, if anything, China will do with their ghost cities. They have the right to take them from their citizens and use them to settle migrants

patriotz

Short answer is no, since Canada is a free country where people can live where they want.

The analogy is also faulty in another respect since Vancouver growth is currently low by historic measures and the city holds little attraction for Canadians to move to it.

ostritch

Even shorter answer is you deny foreign money.

Also I’m not sure anyone was compelled to live in Shanghai. It’s a 1st Tier choice. A SuperCity which is Vancouvers dis all future. I’m assuming you don’t believe in this phenomenon either.

Best place on meth
crabman

Site looks great, but a couple of drawbacks:
1. Spaceturds comments are still visible.
2. Harder to spot new comments.

ostritch

Nice new site. Thanks.

DOC

@troll tedeastside

Dude Vancouver is awesome, but you know that already.

wwwwwww

patriotz is a paid shill

patriotz

Nice format, but at this point I would say enabling graphics is not a good idea.

DOC

Dear Bears,

Hello from sunny Maui.

I was one od you, believing the market would go down since 2005. However, following an investment sage, i never let my opinion let in the way of making money. Thus, I bought a single fam house and put lots of sweat equity over the years. I do not regret that decision, even after the market downturn in the short lived Great Ressesion.

My advise to you, if you can hold for 5yrs, buy and all will be well – SFH preffered, but THS also acceptable.

It will not get easier, there are many people around the world that would trade places with you if they could

tedeastside

why would you be in Maui when you could be in beautiful best place on earth vancouver, snow shoeing, and ice climbing in the same day

paulb

New
184
Sold
305
TI:7140

For weekly sales and/or new listings info on a specific neighbourhood/city of your interest, email me and I will customize a weekly update for you. The daily sales numbers only mean so much. Each neighbourhod and market segment can be quite different.

http://www.paulboenisch.com

Brian Ripley

re: “1 million new people into the region by 2040”

I overlay the census growth over my housing starts chart:
http://www.chpc.biz/housing-starts.html

Canadian housing starts in Canada have been trending down since the 1970’s against a continually rising census.

In BC, the housing starts have been somewhat flat for the last 15-20 years.

Obviously more affordable housing is needed.

Oracle

It’s official, they want 1 million more people here within 20 years.

There will be 2 groups of people. The poor working class and the leisure class. The poor working class is going to have one hell of a time getting to work. Traffic gridlock.

Already, highway one is jammed just past the port Mann at 6 am. What will another 1 million people do?

space889

@Cob – CBC is reporting what the foreigners are doing and their stated or guessd rationale for doing so. It doesn’t need to do any analysis if they are just reporting what’s is happening and that is foreigners are buying stuff on the cheap.

It is you who needs some lesson in analysis and investments.

Chabar
Shut It Down Already

Cob, why wouldn’t smart investors buy something that’s heavily discounted?

crabman

, Smart investors do buy things that are heavily discounted. But only gamblers and foolish investors are buying Vancouver RE, since it’s ridiculously overpriced.

Shut It Down Already

This is commercial RE, not residential.

space889
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Best place on meth

The link says the story doesn’t exist.

Oh…..I see what you did there

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Lower Mainland Sikh community rallies to help Syrian refugees

http://www.cbc.ca/news/canada/british-columbia/sikh-community-syrian-refugees-1.3330872

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