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.
88 Comments
3 years ago
[…] –Lonely homes –Is rent higher in YVR or Toronto? –BC reviews homeowner grants –Best place on earth for free salt –Realty Check? –Sales fall, prices inch down – […]
3 years ago
CKNW reporting hordes of Vancouverites taking buckets to local beaches and taking sand.
LMAO. Haha Future of Vancouver right there.
Time to enact wealth taxes…if the sheeple wake up.
3 years ago
just what we need. tonnes of sand (mixed with all the grease) washed into CoV’s robust and state of the art sewer system
3 years ago
Welcome to China
3 years ago
The “best place on earth” descends into third world barbaric shithole.
3 years ago
Bellingham Herald: Vancouver’s offer of free road salt creates a frenzy in B.C.
http://www.bellinghamherald.com/news/local/article124852299.html
3 years ago
…and how about a little plastic surgery to go along with your plastic rice?
Suspected illegal basement cosmetic surgery clinic raided in Delta
http://www.cbc.ca/news/canada/british-columbia/suspected-illegal-basement-cosmetic-surgery-clinic-raided-in-delta-1.3923552
“A poster written only in Chinese characters on the wall of the basement wall shows before and after photos of women and advertises a procedure to “combat aging” by improving skin firmness, lightening skin colour and increasing skin permeability.”
3 years ago
Canada posts first trade surplus since 2014, exports boom
3 years ago
Hey space, you want to mock me again for getting banned from RET?
What’s that, you can’t?
3 years ago
Housing wealth: The taxing issue of our time
One suggestion was to use a variation on property taxes that ties your tax burden to the equity you have in your home, not the market value (young people have little equity).
This is crazy. It would be yet another subsidy to indebtedness, like Christy’s property tax deferral and no-interest loans, but would be far greater in scope, punishing anyone who paid down their mortgage. People would end up carrying the highest possible mortgage debt indefinitely. The current MVA system used in BC (and Ontario) is perfectly fair and doesn’t need fixing.
3 years ago
One of the Scandinavian countries has a problem like this. I can’t remember the details, but the long and the short of it is that they carry big mortgages because there is a fiscal incentive to do so. Madness.
3 years ago
That’s a crazy solution to a non-existing problem.
If the goal is to help ” aren’t benefiting from soaring house prices and maybe never will”, then just raise property taxes and lower income taxes for the same amount. A non-working, mansion-owning guy will get shafted relative to a small-dwelling-owning worker. Personnaly, that’s something I can live with.
Taxing large empty houses while rewarding hard work seems like a winning proposition to me. I must be crazy.
3 years ago
9.65 price reduction average Chipmans blog today
3 years ago
That is not a reduction. People please educate yourselves.
That is difference in new listed prices and new sold prices. It is not 9.65% off.
Its same as how people think taxes are going up because your property assessments went up.
Enough said.
3 years ago
Average price reduction today on Chipmans blog 9.65% off
3 years ago
A worthy topic for a new a thread
3 years ago
We need something like this…
3 years ago
Rich Shaughnessy homeowners guilty of not shoveling their snow.
http://globalnews.ca/news/3163921/rich-shaughnessy-homeowners-guilty-of-not-shoveling-their-snow/?utm_source=Article&utm_medium=MostPopular&utm_campaign=2014
some residents questioned by Global News said they were simply “too busy.”
“Too busy” raiding the free salt?
3 years ago
I did notice a disportionate number of Asians lining up for free salt in the videos.
3 years ago
More like all Asians from what I saw!!!
3 years ago
How much is a bucket worth of salt at Home Depot anyway, a buck twenty five?
Cheap bastards even complain when FREE shit runs out.
3 years ago
maybe $0.20/lb max for road salt at big box stores and plenty available.
3 years ago
Isn’t that just a reflection of demographics? I thought there was a lot of Chinese as well at first, until they showed a different firehall in another hood. Not trying to resurrect the ghost of Space, but there are a lot of Asians in Vancouver, so logic dictates there will be a lot at these gatherings. Just sayin…
3 years ago
you’re missing the point. the issue was how a supposedly organized and orderly situation turned into another disgusting grab-fest once that crowd of rats decided the heck with llning up and waiting your turn
3 years ago
Are they hiding in those gargantuan mansions? Bastards look scared and confused when confronted.
Disgusting, it make ones vomit on how deep our society went into a shitter.
3 years ago
they aren’t confused. is their standard strategy. “oh, i didn’t know! i’m so confused!!”
3 years ago
Global clearly engineered that. Shame on them.
3 years ago
this story says so much about current state of affairs in Vanc
i’m pretty sure these owners simply dont give a $hit above all else and the range rover or mercedes g-wagon provides them with the most convenient solution. as if any family members actually walk from the front porch to the sidewalks anyway…
3 years ago
Metro Vancouver municipalities spread the word about property tax deferment
http://vancouversun.com/news/local-news/metro-vancouver-municipalities-spread-the-word-about-property-tax-deferment
3 years ago
Rich Shaughnessy homeowners guilty of not shoveling their snow
http://globalnews.ca/news/3163921/rich-shaughnessy-homeowners-guilty-of-not-shoveling-their-snow/
3 years ago
“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.”
3 years ago
“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. “
3 years ago
“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.”
3 years ago
New Chinese money rules threaten tide of foreign buyers in Canada?
3 years ago
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.”
3 years ago
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.
3 years ago
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
3 years ago
Apparently the new voting system has already been hacked by Space?
3 years ago
Helped if I read the blog post I guess, no need to worry about Space:)
3 years ago
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!
3 years ago
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.
3 years ago
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
3 years ago
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.
Do away with this tax reduction completely.
3 years ago
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?
3 years ago
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