A New Year, A little less space

Please don’t spam multiple comment links to your personal favorite off-topic subject.  We’ve added a few IP addresses to the ban list.

That is all.

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Hyper-mega-Bull
Member
Hyper-mega-Bull

Report of ‘plastic rice’ served at Vancouver restaurant unsubstantiated: health authorities

http://globalnews.ca/news/3160338/report-of-plastic-rice-served-at-vancouver-restaurant-unsubstantiated-health-authorities/

YVR
Guest
YVR

Rice is cheaper than plastic.

Oracle
Guest
Oracle

They are making money. At the end of the day (these people have learned thru the school of hard knocks overseas) who has money will own the day.

With globalization and rampant immigration, try to get ahead. If not, ask the single moms selling their bodies or the homeless population how their altruistic thinking worked out for them.

And thats the truth and not a PC post.

bullwhip29
Guest
bullwhip29

It seems all the MSM coverage (and hype) of the salt shortages only ramped up the chaos even further today. Shocker. As this video shows, people continue to channel their animal spirits and think of themselves first. Despite the revised ONE bucket limit, many of these weasels came prepared with buckets inside buckets to throw off whoever might be monitoring this gong show. I can’t confirm, but there appeared to be at least a couple of folks in either quasi upscale Cda Goose parkas or uber expensive Moncler jackets to shield them from that bitter bone chilling -1’C arctic freeze

http://globalnews.ca/video/3162603/chaos-as-vancouver-residents-scramble-for-free-salt/

The Man
Guest
The Man

Obviously fake asians paid to line up by the Sifto marketing team.

Shut It Down Already
Guest
Shut It Down Already

Global clearly engineered that. Shame on them.

Combat roach
Guest
Combat roach

This must be sarcasm, right?

Abdul Lahazi
Guest
Abdul Lahazi

Just watching that video and I’m thinking: wow – just wow. What a disgusting display of selfishness…

bullwhip29
Guest
bullwhip29

it is a good thing CoV wasnt giving away free shrimp…
https://www.youtube.com/watch?v=qBCLXZmMQNs

Oracle
Guest
Oracle

Get used to it. You haven’t seen nothing yet. Wait until it’s officially called Hongcouver.

Combat roach
Guest
Combat roach

Who are those wild citizens? Some of them seem to be capable of being at work at that time. Are those all “parents, students and housewives”?

YVR
Guest
YVR

In order to catch up on all the garbage pick up the City of Vancouver should tell everyone there is FREE garbage. Just come pick it up off the curb. The garbage will be gone within minutes.

YVR
Guest
YVR

I wonder if anyone has started to sweeping the salt off the streets. If would be easier than fighting through that chaos for a bucket full.

history
Guest
history

my realty check, check checka 1, 2

106 price changes for Jan 2017

Average Change: -4.60% Up:11 Down:95
Overall $ Change: -7160752.00 Average Change Amount:-67554.26

history
Guest
history

202-9311 Alexandra Road, Richmond
Dec 18:$568,000
Jan 4: $586,000
Change: 18000.00 3%

remarkable, here is the one 2017 + price change in Richmond. The number 68 is inverted to 86

history
Guest
history

the esoteric numerology of the standout property

202 9311
add and reduce to single digit… #9 (endings)

586 or 568, doesnt matter
add and reduce to single digit …#1(beginnings)

you justa gotta love how They communicate to us.

Abdul Lahazi
Guest
Abdul Lahazi

Where is the mayor?
http://www.cbc.ca/news/canada/british-columbia/vancouver-snow-removal-1.3922282
Meanwhile, Affleck is asking why Mayor Gregor Robertson has been absent during the city’s snow removal crisis.
“I have not seen the mayor and he has not made himself visible during this very critical time in our city,” said Affleck. “Where is the mayor? Off on some tropical vacation.”

Could anyone else just take off from their job and not tell anyone where they are or how long they will be gone?

bullwhip29
Guest
bullwhip29

was only tossing this out there in previous thread…
http://vancouvercondo.info/2017/01/free-money-can-be-popular.html#comment-290662

bullwhip29
Guest
bullwhip29

more on the CoV salt “crisis” with expanded coverage…pretty sure this story has or will go viral. maybe the best place on earth gets some free advertising on late night tv tonight 🙂
http://globalnews.ca/video/3163139/free-salt-giveaway-brings-frenzy-at-vancouver-fire-hall/

bullwhip29
Guest
bullwhip29

Chinese man’s refugee claim could hinge on secret CBSA documents
http://globalnews.ca/news/3163137/chinese-mans-refugee-claim-could-hinge-on-secret-cbsa-documents/

“…the government argues revealing the information would hurt international relations and shatter Canada’s credibility in the eyes of foreign allies and sources.”

Abdul Lahazi
Guest
Abdul Lahazi

It is always “political reasons”…
“In 2011, Shen applied for refugee protection in Canada, saying the Chinese had targeted him for political reasons.”

bullwhip29
Guest
bullwhip29

Krusty’s list of things to do before election

– give free cash to poor renters…DONE
– pay off the BCTF …DONE

http://www.theglobeandmail.com/news/british-columbia/bc-reaches-deal-with-teachers-to-settle-fallout-from-court-case/article33518039

history
Guest
history

– give free cash to poor renters…DONE

look deeper into this program you will find the free cash, is flow through to heavily indebted homeowners who are basically insolvent, but have a spare bedroom or two, and want to keep their house, ie Not list the place for sale. No self respecting homeless class person should accept this Free money. Unfortunately i can count these people in BC with my toes and fingers, with a pinkie left over.

Newcomer
Member
Newcomer

What is the free money you guys (or gals) are talking about?

Newcomer
Member
Newcomer

14 comments on the “let’s stay on topic” post, and not one deals with real estate.

Here’s a question: Are rents higher in Vancouver or Toronto? I’ve poked around on Craigslist, but I haven’t been able to come to a conclusion.

Here’s another question: would a local housing bust coupled with a national recession cause an increase or a decrease in Vancouver’s population, or there be no change?

Shut It Down Already
Guest
Shut It Down Already

No need for Craigslist – the CMHC make reports on this sort of thing. In 2015 they say a 2 bed apartment was about the same but slightly more expensive in Vancouver. No idea about 2016, but I’d suspect nothing much changed relatively.

Newcomer
Member
Newcomer

Doesn’t the CMHC look only a purpose built rentals? In Vancouver, it seems to me, almost all of the rental stock is not purpose built.

Shut It Down Already
Guest
Shut It Down Already

You may be right, but they should still be somewhat representative of the broader market. Either way Craigslist only tells you asking prices.

Newcomer
Member
Newcomer

True. It would be great if you could filter CL ads to see which ones are up there for weeks or months (probably asking too much) and which ones get taken down soon (obviously impossible, but a girl can dream).

YVR
Guest
YVR

But if you buy much higher in Vancouver.

Newcomer
Member
Newcomer

Yes, but they are catching up. Houses are selling for around twice what they are worth in Toronto and about three times what they are worth in Vancouver.

Oracle
Guest
Oracle

Actually we’ve been right all along that lower rates were here to stay a decade ago.

Newcomer
Member
Newcomer

That statement doesn’t seem connected to this thread. Did you type in the wrong place?

And while we are clarifying things, it seems you claiming that a decade ago, when rates were on their way up, and just short of their highest level in five years, you predicted they would stay low. That seems odd.

Also, who else is part of “we?”

Bear Vancouverite
Member
Bear Vancouverite

To give some context, I do believe at least Dave (a realtor who used to post here prolificly) was predicting low rates as long ago as 2010 (or 2009, I forget).

Oracle, as far as I remember, has always just thrown out random made up scaremonger figures, I don’t recall him ever talking about rates.

YVR
Guest
YVR

A NEW YEAR, A LITTLE LESS SPACE

About time. Thank you. Do we have to wait till 2018 to get a little less Oracle?

Oracle
Guest
Oracle

Why not just ban everyone with a different opinion than you?

There, that’s the solution.

Oracle
Guest
Oracle

US Bond yields down a staggering 10+% in a course of a week. Wow. This will lower rates by about 30 basis points. Couple this with a low inventory and probable Christy win (NDP MIA and infiltrated) and you have a perfect storm brewing.

Mortgageslave
Member
Mortgageslave

Wow, I guess rates aren’t going up. There is no job/wage growth in the US. Inflation is dead. Time to drop rates. I think a small correction was in order since it went up almost 50% in on Month!

Newcomer
Member
Newcomer

Man, you guys are way ahead of the curve, again. I hope someone lets the Fed know.

bullwhip29
Guest
bullwhip29
paulb
Member

New
113
Price Change
17
Sold
45

TI:6295

http://www.clivestevepaul.com

chilled
Member
chilled

Only in a society gone completely batshit crazy could one be eligible for something called a ‘grant’ when one lives in something worth millions of dollars.

http://vancouversun.com/business/real-estate/dramatic-gains-in-b-c-assessed-property-values-mean-twice-as-many-homeowners-no-longer-qualify-for-grant?__lsa=3dfe-a04c

Do away with this tax reduction completely.

Newcomer
Member
Newcomer

It is the very essence of pork barrel politics. It’s also telling. If property owners are doing so well, why would $500 here or there be enough to sway their votes?

bullwhip29
Guest
bullwhip29

whether its $500 or the cost of a couple bags of salt, Vanc homeowners will be there in droves if there is a deal to be had

Billybonger
Guest
Billybonger

Happy New Year All

Interest rates – let’s see if the dip in yields is for real or just some back and fill…I suspect the latter

Inventory – well, I am still waiting for a surge in listing. Keep expecting it. But to Oracles credit, it hasn’t arrived. On this, he has been more on the mark than I – hats off

Let’s see what the coming weeks and months bring. Can’t say it’s been boring

Still expecting big price drops

But I’m biased for sure

It’s about time the bear roars this is ridiculous

Best place on meth
Guest
Best place on meth

What a 24 hours it’s been on VCI.

Old voting system restored, old voting system promptly hacked by space, space FINALLY banned.

Thank god, it’s going to be a great 2017 all around.

I can’t be sure how real estate will go but I predict 87% less petty arguing on this blog thanks to this ban.

Bestplaceonearth
Guest
Bestplaceonearth

Shut down this useless blog, poope. You have made many people losing their opportunities to own homes, and now have become renters for the rest of their lives like yourself. How do you sleep at night? Vhb made the right choice. Do the right thing!

chilled
Member
chilled
vangrl
Member
vangrl

Apparently the new voting system has already been hacked by Space?

vangrl
Member
vangrl

Helped if I read the blog post I guess, no need to worry about Space:)

Combat roach
Guest
Combat roach
Combat roach
Guest
Combat roach

Encouraging and motivating by endless creativity…

“Chinese investors tend to be nimble in finding ways around new rules, too. “It takes about a month before people find the next channel,” Ms. Stevenson-Yang said.”

YVR
Guest
YVR

So far people have found ways but there has been little punishment for breaking the rules. Now there is significant financial punishment which may make it not worth doing. If this doesn’t work the Chinese government will jump straight to firing squad which I bet will be effective.

bullwhip29
Guest
bullwhip29

in china the inmates are running the asylum. a significant % of HAM are relatives and offspring of wealthy oligarchs with ties to the govt. the whole operation skynet bs was an attempt to clamp down on those who broke away from the pack. putin has done the same thing in russia

southseacompany
Member
southseacompany

“Worst debt rout since 1994 on the way, Harvard scholar predicts”, Globe & Mail
http://www.theglobeandmail.com/globe-investor/investment-ideas/worst-debt-rout-since-1994-on-the-way-harvard-scholar-predicts/article33501073/

“If you thought you had already read the gloomiest possible prognosis for bonds, wait until you read this one.”

“Paul Schmelzing, a PhD candidate at Harvard University and a visiting scholar at the Bank of England, said if the latest bond-market bubble bursts, it will be worse than in 1994, when global government bonds suffered the biggest annual loss on record.”

burntout
Guest
burntout
southseacompany
Member
southseacompany

“Treasurys are getting smashed”, Business Insider

http://www.businessinsider.com/us-treasury-bond-market-update-january-3-2017-2017-1

“Early selling has taken hold as risk assets across the globe rally on the first trading day of the new year. The weakness has run yields up as much as as 6 bps in the belly of the curve. “

southseacompany
Member
southseacompany

“Rising mortgage rates, lack of properties causing headaches for US home buyers” Global National
http://globalnews.ca/news/3159322/us-mortgage-rates-home-prices/

“Mortgage rates have risen sharply since Election Day, to an average 4.32 per cent on a 30-year, fixed-rate mortgage last week. While still low by historical standards, that’s the highest since April 2014 and well above the year’s average of 3.65 per cent. The difference translates into an extra $1,852 a year in payments on a 30-year, fixed-rate loan for $400,000, for example.”

bullwhip29
Guest
bullwhip29
bullwhip29
Guest
bullwhip29
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