Friday Free-for-all! Sept. 2nd 2016

It’s the end of another work week and that means it’s time for another Friday free-for-all here on VCI.

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:

Some recent stats
Rentals, the other disaster
For rent, van with no toilet
Scotiabank: Buyer tax the right move
Mansion prices drop
Prices to dip 10%
Thousands of job losses
What 3 mill gets you in Scottsdale
Vancouver & Toronto go in different directions

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

221 Comments
newest
oldest most voted
Inline Feedbacks
View all comments
southseacompany

“Why rates could stay low no matter what the Fed does”, Yahoo Finance with video

http://finance.yahoo.com/news/why-rates-could-stay-low-000000369.html

“Lower rates are not just the result of central banks buying billions of dollars worth of bonds over the years in the United States, Europe, and Japan”

““There’s more cash in the world and less need for cash in production,” “

Oracle

We must immediately ban immigration from China and the Philippines after what has transpired over the weekend.

The US president was insulted by China and then called a ‘son of a whore’ by the Philippines. Moron Trudeau doesn’t now whats he’s dealing with letting hundreds of thousands of these people into our country. When they get power over us, they will not hesitate to wipes us out. Visit and live in Asia and then you will know what I’m talking about.

The Philippine president is openly killing his own people in the name of battle against drugs. Trudeau and Mccallam are the biggest morons.

Openhousemassacare

I hope we have a backbone PM who can stand upto Obama like Philippines President did I salute that guy.

I am not worried about Filipinos they work they go home and they STFU they dont act like they own this country. They are one poorest countries they come here work pay taxes not like scumbags Chinese who game the system.

CanNeverThinkOfAGoodName

I don’t think he stood up to Obama. Obama wasn’t doing anything, and didn’t need standing up to. China doesn’t want the US to be on good terms with the Philippines since the only way the Filipino fishermen are going to be able to maintain their traditional fishing areas in what are United Nations sanctioned ocean territories of that country is to get the US’s help, since China is building islands there and a military base to try to control the whole area. Probably the Philippines President was tricked into spouting off about something that was not even the reason for the upcoming meeting with Obama and had nothing to do with it. He was probably manipulated by a Chinese plant (the reporter who asked him the question that triggered him). His ego, causing him to blunder.

Diadora

Luo Yu, the son of a former chief of staff of China’s military, said China’s most politically powerful families had been transferring money out of the country for some time.
“They don’t believe they will hold on to power long enough — sooner or later they would collapse,” said Mr. Luo, a former colonel in the Chinese Army whose younger brother was a business partner with one of Anbang’s founders. “So they transfer their money.”
http://www.zerohedge.com/news/2016-09-05/son-chinas-grand-general-reveals-reason-behind-chinas-capital-flight

chilled

That politically correct, sack sucking moron Garth Turner STILL insists housing prices have nothing to do with foreign money. Keeping that politically correct door slightly ajar for a future in politics, right Garthy? ========================================================== #52 Entrepreneur on 09.05.16 at 9:32 pm I have to agree with #28 Garth, it’s time to Ban Foreign Buyers…when a Canadian family cannot buy affordable housing, in debt over their heads, have a hard time putting food on the table, have to move for work, then it is time to look at the problem and correct it. House prices went up here, not because of jobs for families, but low interest rates, banks easy lending, and the talk of foreign buyers. Is it foreign buyers, laundry money, even if not, this conception should be squashed with the proper data so we would not have this… Read more »

Madoff

He needs to be investigated by the Canadian security council.

You cannot con the elderly into selling their Vancouver homes and investing the assets with his company. That is criminal in nature because he purposely denies there is foreign money.

Criminal.

Deserves life in prison IMO, just like Madoff. Scum of the earth.

Madashell

Trump Slams Yellen: The Fed Has Created A “Stock Bubble” And “A False Economy”
For once I agree with him, and don’t forget the housing bubble too!

CZ

I had been here 8 years ago for a while. Although the bear sentiment does not change, I sense a dangerous anti-Chinese advocate here, which I don’t think that is what our Canadian core value is. There was a similar post 8 years ago, which was against snob SuperBoy, but ran out of control and being escalated to anti-Chinese. However, it was soon be corrected by the members here, with our Canadian core value – all men are created equal (American’s value too?). Later I wrote a demographic analysis article to categorize different Chinese people in greater Vancouver, that you may still be able to find it in the history post. It may not still valuable as time passed, however, it is still the same story: the majority of the Chinese you see in your daily life here are: –… Read more »

Bag it and tag it

The growing ‘anti-Chinese’ sentiment on this blog is not about the Chinese race, it about the current Mainland Chinese culture. It is polar opposite to those core Canadian values of which you speak of and if we were to choose to sit back and say nothing, those core Canadian values would go extinct in about 10-20 yrs. Most don’t have any problem at all with the local Chinese that are Canadian citizens and got that citizenship the right way. In fact, most of them are equally against the current invasion of Mainlanders. Really it’s our bought government that is responsible for this backlash against the invasion for pandering to their donors and allowing it to get to this point where we have not choice but to stand up for our city and country. You can say what you want about… Read more »

CZ

Can’t agree more to you. Just so you know, that some of the new Mainlanders are just like me, as technical immigrants, striving hard here. I don’t have any stats to back me up, but the guts feeling is that the crooks who took the advantage of the loop holes in the system are only a small portion of total new Chinese immigrants. And yes, the damage they caused is detrimental.

Openhousemassacare

I agree with all the things pointed about hardworking Chinese people who work hard live and pay taxes and contribute to make Vancouver / Richmond great.I have nothing but respect for them. I have problem with Asshole just an example like want change the rules like strata with Chinese only meeting.Refuse to comply with sign in English in Richmond.Using Quebec investor program moving to Vancouver once entering Canada. Using Vancouver to launder money which 90% of them are Chinese. Paying high prices driving people out of here who had born here and still have roots in Vancouver. Doctors, Police and fire fighters couldn’t afford to live here because of foreign money that what pisses me off.Do u really think that eastside crack shack worth $1.4 million and west side crack shack worth $2.4 million unless laundered money has pushed this… Read more »

Openhousemassacare

Even SF,NY,FL London doesn’t have this insane price for a crack shack.They are expensive market but worth the built of the place, land and economy supporting it.

Matsui

Problem with all this shit is a common denominator which are Chinese, so fuck them out off out equation and life is going to get back to equilibrium.

CZ

This is gone too far – refer to CNN Jimmy’s storey:
http://www.cnn.com/2013/10/29/showbiz/jimmy-kimmel-china-apology/

CZ

You are right on all those accounts. We need to fix them properly by new rules/legislation. When I was looking at the Vancouver house 15 years ago, there was a 2500ft 2-story old house on a corner of a school on the west 41 asking for 400+K, and I felt it was too expensive. When I felt being priced out on 2008, it was already more than doubled. This bubble has been expanding for a long time, and the Chinese hot money is definitely a factor, but may not be throughout the roller coaster ride. In recent several years, the high-end properties are mainly driven by those hot money. For the mid/lower-end, there are more other reasons. We need to fix the source of the problem – the loop holes in our system.

MarKoz

There are 5 or 6 blatantly racist posters on this blog and they are prolific. Please don’t mistake their strident rhetoric as reflecting the opinion of the majority.

Many of us believe that offshore money has become a huge issue for our market, especially in the last 2 years. Whose fault is that? Our own. Most immigrant home-buyers have come here legally and bought their citizenship (legally). Who set the rules by which they came here (legally)? Our own elected representatives.

Those of us looking to find the cause of the current fiasco need only look in the mirror (well, maybe Christy Clark and Stephen Harper’s mirror).

CZ

Thanks for clarifying things up, it makes a lot more sense. I was just afraid that the majority being influenced too much by these individuals, just like the result of the communist brain-wash in China/USSR in the last century. There is an easy way to fix offshore money injecting into the local real estate: increase the property tax (2+% of the evaluated price annually), and make the increased portion being income tax deductible. I am sure this way all the scumbags will pay what they should pay (even they bought houses before the 15% extra foreign property transfer tax), and the collected extra tax money can be used to maintain/build more infrastructure, such as increasing the capacity on the bridges over the Fraser River and lower down the toll, which I believe will further drive the Vancouver housing price down… Read more »

Newcomer

Don’t let these guys bother you. They are basically children and cannot be reasoned with. They say they hate Chinese, but I don’t think any of them have ever met a Chinese person and I doubt they could find China on a map. They are just happy to have someone to hate. It makes them feel better somehow. The good thing is that the opinions of a few nutjobs on a blog don’t have any impact on life in the real world.

CZ

That is what I guessed too. However, the hatred sentiment is not a good thing for either parties.

I got the feeling of normal people, especially the young guys just fresh out of school, being priced out of the home town. We need to fix it, by introducing rules to patch the loop holes, not by wrong propaganda focusing on a different complication.

would-be buyerl

As C. Duhmaine pointed out on twitter- it will be China who rids Vancouver of money launders and Chinese fugitives:

http://en.people.cn/n3/2016/0905/c90000-9110998.html

Bag it and tag it

For HAM, there’s never been a better time to sell your Vancouver house and find another country to hide in…good riddance! (I hope these comments don’t offend you CZ)

CZ

It is prefect with me – I am neither a nationalist, nor a political correctionist.

southseacompany

“Trump says U.S. interest rates must change as Fed weighs rate hike”, Teuters
http://www.reuters.com/article/us-usa-election-trump-idUSKCN11B24E?il=0

“Republican presidential nominee Donald Trump, who has previously accused the Federal Reserve of keeping interest rates low to help President Barack Obama, said on Monday that the U.S. central bank has created a “false economy” and that interest rates should change.”

“Fed Chair Janet Yellen said last month that the U.S. central bank was getting closer to raising interest rates, possibly as early as September, saying that the Fed sees the economy as close to meeting its goals of maximum employment and stable prices.”

southseacompany

“Edmonton unprepared for coming real-estate crash, author says”, CBC News
http://www.cbc.ca/news/canada/edmonton/edmonton-unprepared-for-coming-real-estate-crash-author-says-1.3748668

“”People have been lulled into the idea that house prices always go up,” Hilliard MacBeth said Monday during an interview on CBC’s Edmonton AM.”

“”Given forecasts that the current recession will be twice as bad as the average of the last four, Edmonton will eventually feel the housing crash, he warns.”

southseacompany

“Housing policy a balancing act for B.C. Liberals, say observers”, Macleanshttp://www.macleans.ca/news/housing-b-c-liberals/

““The risk here is that they cool off the housing market too much and they get trapped in a situation where, on the one hand, Liberal voters are losing equity, but (on the other hand) housing doesn’t become affordable enough for those who already can’t get into the market,” said Telford.”
“One hopes that the 15-per-cent tax was calculated carefully enough that it would cool but not crash the market.””

southseacompany
Supersogs

From a realtor team:

“Poking Holes in The Real Estate Board Stats”

“As predicted the Real Estate Board put a nice tone to everything. Although the stats are accurate, the way they are portrayed in my opinion is very bias. In fact they are dangerous when the publics financial decisions are relying on the information. I’m going poke some holes in their data… Actually I’m going to drive a truck through them.”

http://www.vancitycondoguide.com/poking-holes-in-the-real-estate-board-stats/

Openhousemassacare

Deals are supposed to be reported within 7 days as per requirements from the real estate board. However, things happen, Realtors get lazy, offices get swamped in paperwork, etc.

This sale which went under contract in November of 2013. November of 2013 but was finally processed in August 2016 and counted as a sale this month. I can’t even explain this one honestly.

Newcomer

Here is a question:

Why would any landlord tick the “month-to-month” box on a lease? What is the advantage of not managing the agreement in discrete units of time with arbitrarily modifiable, conditions, other than the convenience of not having to make plans?

Sailor55

My landlord ticked the month-to-month box, just as he did for every other tenant in my purpose built rental building. The turnover is low here and tenants pay around 3K/month, on time, every month. Rent goes up yearly based on the government’s allowable rate. The tenants are high quality and reliable. Management is professional and responsible. Good deal all around.

Newcomer

I get that people do. Mine did. What I am wondering is why they do it. What is the advantage to the landlord? If I were looking to rent a new place, I would insist on it, because I would want the stability, but I am wondering if there is any motivation on the landlord’s side, other than pleasing the tenant, which has made this such a popular practice over the years.

Openhousemassacare

$3000 a month fora rental,why couldn’t these people afford their own place for that kind of money ?

What building is this if u don’t mind sharing ?

Newcomer

What kind of place could you buy with a 3K payment? That qualifies you for less than a 600K mortgage. You can’t get bupkis for that kind of chump change here.

Shut It Down Already

Add a (historically) sensible downpayment to that 600K and you’d get something reasonable.

YVR

Or you can pay no downpayment, rent a way nicer place, collect dividends on the money you saved on the downpayment which is invested, not have to pay the $500 per month maintenance fee, $300 per month property tax, special assessments and a realtor $50K to sell if you want to move. Oh and you also get to avoid the 20% capital loss the average condo took over the past few months.

Openhousemassacare

Please explain what kind of investment that u done made money ?

M y buddy bought a TH in the same building for 750,000 back in 2012 now it worth 1.5 million. f he sells it after paying all the fee he will walk away with 500,000 tax free.

http://www.remax.ca/bc/vancouver-real-estate/na-250-e-7th-avenue-na-wp_id151568413-lst/

Sale Date – April 2, 2014
Sale Price – $783,000

Sale Date – October 1, 2007
Sale Price – $659,900

HAMster

The property has to be sold in order to book the profit.

Ktown

Did he already drop the price to 1.3m from this mythical 1.5m value you placed on it?

Best place on meth

Mt. Pleasant is the new Beverly Hills.

Openhousemassacare

That was not his house he was talking to the realtor when that place was getting listed and want get an idea.My friend had the realtor look at his place which is bigger SF than this unit. He told him he would be able sell his place for $1.5Million.

YVR

If you bought the S&P 500 with 3 time leverage over the last 8 years you would be up 750%. Plus not commissions to sell, PPT, fees, taxes or scummy realtors to deal with.

Here is an etf that gave that return.

http://www.direxioninvestments.com/products/direxion-daily-sp-500-bull-3x-etf

Shut It Down Already

Great, so tell us what the returns for the next 8 years will be and why it’s a good idea to hold for the long term leveraged ETFs which reset daily.

Shut It Down Already

Condos down 20% this year? Lol, what planet are you on?

Saul

Shut the fuck up you moron, stupid as always.

Shut It Down Already

Strong counter argument, Saul.

YVR

Vancouver. Get head out of sand.

Ulsterman

Bloody hell. i remember back in 2001 when 1 beds in that area were selling for 75-80k. Now there were carpeted and un-renovated, but still. Contrary to the popular narrative spouted by bulls today, Vancouver once was very, very affordable.

Shut It Down Already

It’s the bears who spout the false narrative by cherry-picking the bottom of the trough as the “mean” to which prices will surely revert. They fail to concede that prices were an absolute steal until quite recently, and still think that a $200K downtown condo is overpriced as they once saw a house with a pool for $250 in some backwater Bible Belt town.

best place on earth

the rental term either month to month or long term lease; the regulation deals quite differently between these term.

MarKoz

At the end of a fixed term lease, the landlord can raise the rent by any amount they want. Month to month tenancy agreements are subject to rent controls. Tenants would probably be less likely to rent from someone insisting on a fixed term.

YVR

Because the landlord would eliminate almost all good tenants who may be interested in considering the rental.

Kind of like asking why would an employer pay more than minimum wage.

Patiently Waiting

I recently signed a 12 month lease that then becomes month-to-month. It is in one of the inner suburbs and is $1250/month. It is an old but well maintained building with a few tenants who have lived here over 40 years.

The property management company seems to want long-term tenants who will form a stable community. There is no sign of crime, everyone is nice to each other, and nobody has disturbed my peace and quiet. This is despite the fact that the surrounding neighbourhood isn’t the greatest.

Bad tenants may pay more rent, or accept fixed-term leases, but they end up costing a lot more money in the end.

CityObserver

That reporter who asked that question of the Philippines President, that then caused the P-Prez to get all blustery and on the defensive about a non-sequitur? In the pay of a certain third nation who would hate to see the U.S. and the Philippines coordinate their strategies in the South China Sea I’d wager.

Oracle

I’m with the USA Department of Defense for defending American respect via Twitter. China needs to be taught a severe lesson.

The the Defense department have to realize what MCallum and Trideau are sowing. If we have 1 million Chinese nationals here in Vancouver within a few years, then that is a huge security threat right on the border of the USA.

Send in the predator drones USA, pleeez

Best place on meth

A sarcastic tweet aimed at China and posted on the US Defense Intelligence Agency’s Twitter account has fuelled a row over protocol at the G20 summit.

The tweet, which was quickly deleted, read: “Classy as always China”.

http://www.bbc.com/news/world-asia-china-37269719

Openhousemassacare

LETS NUKE THE FUCKERS

Openhousemassacare
CanNeverThinkOfAGoodName

I think that the lack of class is actually a kind of ignorance. Global capitalism has confused people; since everyone knows how to trade, buy and sell, scheme to get ahead, etc. it seems as if we all have enough in common that we mean the same thing when we use words belonging to the language of commerce. But deep underlying assumptions are different. There are those with an authoritarian mindset who fundamentally don’t get democracies– they think that at best majority rule or a press corps is a tool available to the despot or gangster to maintain power. They don’t understand personal responsibility or respect. When one person has this view I call it cynicism but when a whole large population of 100s of millions have that view I don’t know what to call it.

Brian Ripley

Libor rates rising and other indicators suggesting that credit is tightening.

I have my TSX chart updated: http://www.chpc.biz/tsx-indexes.html

… the commodities index has been turned away at resistance.

I suggest the next phase will be competition for income as credit drys up for those at the margin. It’s not so much that cash will be king, but cashflow will determine what assets get re-marked to market.

chilled

I would imagine this is standard fare in Vancouver, considering the high number of sexual deviants;

https://www.rt.com/viral/358230-airbnb-sex-tapes-host/

Patiently Waiting

Once again, airbnb is a platform for sociopaths. It should be banned everywhere.

space889

Is the host Chinese?

Best place on meth

No, it’s normal for the parasite to be chinese and the host to be western.

war is in the air

So the a Chinese told the visiting Americans “this is our country” and did a whole lot of disrespect.

War is coming. Unfortunately the USA will win but we may lose here in metro Vancouver as T2 and McCallum lead Richmond and Burnaby into battle.

Canada needs Regime change. The sooner Trump or Hillary realizes this the better. Send in the predator drones.

Diadora

Actually China showed a lot of disrespect to all their South Asian neighbors by stealing territorials from them by building islands, sending in missiles, airplanes and warship to protect the islands. It reminds me of Nazi Germany invading Austria and the world says nothing. Meanwhile spineless Obama did nothing fearing of rocking the boat and now the Chinese mock him by getting him to exit from the ass of his plane. I am so glad he is going be gone in a couple of months.

space889

Read up on some facts. Oh wait, I’m talking to a bunch of lazy closed minds morons. Carry on ..

Matsui

Enjoy and ralax motherfucker. We’ll fuck you up so badly soon, that none of you bastards would ever think it was possible. Just keep shitting…

space889

Cuz when Obozo visits China, US is in charge of China?

For a country that likes to criticize others, it sure has a thin skin.

Openhousemassacare

Chinese narcissistic bastard they love to control everything

CanNeverThinkOfAGoodName

As I said before, the words of the Chinese security official who wanted to keep the american press away from photographing obama leaving the plane gave evidence to the authoritarian mindset the chinese have — they think every arriving leader from all the countries is a boss-guy and his minions, with the press and inessential part; they lack the imagination to understand that part and parcel of the president of the US is the press — they are of a piece. It’s like trying to argue with a tree to get rid of its shadow when it crosses into Chinese territory. The tree is not asserting its dominance. It’s just what it is.

CanNeverThinkOfAGoodName

Who was “in charge” was not really the issue as far as I can tell, though perhaps that;s the only way China can see things. The real issue is: does China have a clue what a democracy is? I suggest that it doesn’t. That it’s a big blind spot for it and an ordinary citizen like that security official is only able to think in authoritarian terms and doesn’t understand that that the man does not stand alone: the free press (what’s left of it these days) is inseparable from him.

Best place on meth

Subhumans only know how to grunt, bark and threaten others.

I propose a western alliance to vaporize the shithole and everyone in it.

UBC in Crisis Mode

“Sales Prices Decline 8% Since June”
http://www.vancitycondoguide.com/sales-prices-decline-8-since-june/
What we have discovered is that since June, 2016 sales prices decline by roughly 4% for all properties in the Real Estate Board of Greater Vancouver. However, the dip is greater for detached homes, with a correction of roughly 8%.

We determined this drop in sales price by using an algorithm which holds characteristics constant. We estimate using an “hedonic regression.” (In economics, hedonic regression or hedonic demand theory is a revealed preference method of estimating demand or value. It decomposes the item being researched into its constituent characteristics, and obtains estimates of the contributory value of each characteristic.)

Openhousemassacare

This is our country our Airport- Chinese

This is our province our Houses – Vancouverites

https://www.youtube.com/watch?v=P6S3lLgQ50U

CanNeverThinkOfAGoodName

I think it’s really unimaginative of them to try to control the little cluster of press that buzz around the U.S. president every where he goes. When they invite various countries to China for the g20 they should be culturally aware and think of the U.S. visit as like that of an alien life form similar to a hive of bees — many entities making a whole. It’s not a matter of permissions, China. The press is a part of the whole and cannot be separated from it. To not recognize this is to betray your deeply authoritarian nature.

space889

So when you go to someone’s home, you expects the host to follow your rules?

Openhousemassacare

Let me see NSA of USA is threat to Gong Fei communist bastard Chinese PM ?

Chinese Chork also stop our PM photographer to take a photo of Justin .

Arugument sake let say they both didn’t follow rules (All the media reported that Chinese Chink-a-billy attitude was the problem)

WHAT ABOUT CHINESE SCUMBAGS THAT DOESN’T FOLLOW THE RULES IN VANCOUVER & RICHMOND LETS DEPORT THOSE LIZARDS ?

/

Openhousemassacare
Shut It Down Already

Is it really too hard for you morons to stick to real estate, given you’re talking about what’s classy and what’s not?

Good grief.

CanNeverThinkOfAGoodName

You didn’t get what I said did you spacedouble4double49? It was kind of a hard concept, I admit. Here’s another analogy. Think of a tree and a shadow. A tree cannot get rid of its shadow, even if it is in Chinese territory. In a democracy, a free press is ineliminable. That’s what the authoritarians don’t get. They just can’t accept it, but it’s true.

THEQUEEN

“expects the host to follow your rules, eh?”

On what happened when someone went into someone’s home.
https://www.youtube.com/watch?v=WcbdbFz0e6s

HAMster

The Chinese are completely out of their league with this summit. They are like hillbillies hosting royalty and without a clue on decorum or how to be gracious and classy hosts. You can put lipstick on a pig but it’s still a pig.

Best place on meth

Well, it is their first time hosting a G20 summit.

And their last.

Best place on meth

Your right about the pig though.

Jin-pig does appear to be wearing lipstick.

http://www.newsmax.com/Newsmax/files/2a/2a0a9ec4-1310-44ad-bcfa-06e093a8560b.jpg

CanNeverThinkOfAGoodName

It’s nicely coordinated with his tie.

Openhousemassacare

Avneet is seeking the BC NDP nomination for Vancouver-False Creek. Avneet is a passionate advocate for public education at all levels – public education that is well funded and well staffed. He is a strong supporter of affordable housing and considers problematic the continuing and rampant commodification of housing in Vancouver.Please visit avneetjohal.ca to find out more and to support the nomination bid.

https://www.youtube.com/channel/UC20v7dsiNOvyxZcUw9wEWig/videos?sort=dd&view=0&shelf_id=0

CanNeverThinkOfAGoodName

Thanks for posting.

Openhousemassacare

UR WELCOME

patriotz

Sounds like a nice guy, but Christy ran about the most toxic candidate you could get last time and won with a 15% margin. It is Yaletown, after all.

CanNeverThinkOfAGoodName

I will go into every shop and talk up the NDP person who is running against the Liberal, provided I think that he or she has integrity and intelligence and understands e.g. Chomsky on globalization and knows what affordability means to economists. I am good at persuading ordinary people. I am angry enough to take the time to do it.

HAMster

But… but… but… don’t the Chinese swarm here for our great educational system?

space889

Well isn’t this the epitome of just how great BC education system and why it is world famous?

Bbbbbb

You guys tooo funny. Wanting a crash yet want to triple immigration of students and others ?? !

Do you guys even remotely sense a connection?

vanc

Tense exchanges in China between US, Chinese officials mark Obama’s arrival at G20 summit

The G20 summit got off to a contentious start Saturday with Chinese officials reportedly confronting National Security Advisor Susan Rice and other U.S. officials in at least three incidents, as President Obama arrived in China for the two-day international economic talks.

Within minutes of Obama arriving on Air Force One, a member of the Chinese delegation started screaming at White House staff, according to reporters on the tarmac.

http://www.foxnews.com/politics/2016/09/03/tense-exchanges-in-china-between-us-chinese-officials-mark-obama-s-arrival-at-g20-summit.html

CanNeverThinkOfAGoodName

Can’t get his head around a free press. Thinks that it’s all about dominance games. Does not understand the rule of law other than in Hobbesian terms.

mls watch

Was talking today to a lady who recently moved to the Sunshine Coast. It is not that she had secret information from Christy about the tax… She used to live in Kerrisdale, says her community disintegrated in recent years (“for cultural reasons”), so she moved to find a community she can relate to. She says that if the money laundering reaches Gibsons, she will move to Powell River.

Chinabuyeverything

Kerrisdale completely disintegrated. Unrecognizable.

Chinabuyeverything

Not for not. Her generation just keeps winning real estate lotto tickets whether they try to or not.

mls watch

Too many people believe money can buy happiness. This is why our communities are going downhill.

kim

I know a lot of “white” folks who’ve left Kerrisdale and bought in Hope and beyond for the same reasons. It’s like the white flight of the 50s and 60s in the US, only it’s because the chinese have moved in.

space889

Yes, Canada must be kept all white and Christian no matter what. If it takes a few genocides, no big deal.