Demand is not unlimited. Saying that it is merely makes the locals fear that they have to make a dumb decision to buy at any price on the expectation that if they don’t they’ll be priced out – or alternatively make them count on the fact they can sell in 6 months for an extra $100K to one of the “unlimited” buyers.

Are you trying to help these dishonest salespeople?

This is the crux of the problem in Vancouver.
Other cities may be different but here Chinese money drives valuations along the whole value chain.
The problem is that many people like it that way. And keep voting for the BC Libs to keep the circus going.

Not only that they sold Canada out, they are very proud of it. They must be thinking how they reinvented the wheel and how successful they are. The same way when drug dealer sees himself as a smart businessman.

“Obviously they presold them offshore,” says Mr. Saretsky. “They bought them three years ago, made a lot of money, and they don’t have any intention of living in them.

“If you call one of the developers, they say, ‘we are only selling to friends and family and we are open to the public next week.’ But what is friends and family? What is the definition? It’s basically offshore. And everybody in the industry knows it, and nobody likes to talk about it.”

Blog’s favorite retard spreads his wisdom again.

Brian, dig a little deeper, and give us the stats on Refi’s. You know what I mean? Like how many Times the 71% of the population refi’d their precious house mortgage the last 20 or 30 years. And while you’re at it, break out the numbers on the Spending Catagories… how much spent for renos, how much for that thong trip to Cabo…. how much for Just Surviving.

If he had touched her arm, he would have been crucified. They would call him sexist, intimidating, unable to control his istincts.
Kruelty Ckark is cunning: she tried to elicit an e treme response, even using these dirty tricks.
I think Horgan did great to stand up to Kruelty snd hold his ground. Kudos to John!

John Turner used to grope women’s ass, now it’s women that want to sexualize their politics. Which parent does Crusty’s kid have a better relationship with? Anyone are to look into this?

ii miss Newcomers debates. He was a rather sanguine figure. But something happened and he took flight. Perhaps he’s found a new city to post leisurely comments?

who knows? He knew Pittsburgh rather well, and a few other places.

Maybe the cold and rain got him down? Or he figured hanging out here isnt quite like the yacht club.

non working, social progrsm parasites, immigrants and refugees … Save My Sawdust!

These are some quality immigrants we’ve been getting lately.

No! Don’t tell me? Mainlanders might be “bending” the rules slightly to their advantage? You are clearly a rabid racist and xenophobe.

Is it just me or is anyone else getting the odd feeling that all it’s going to take is a spike in unemployment to start a 1907-style race riot in Vancouver? The racially charged flyers that have been circulating seem symptomatic of widespread resentment and anger towards wealthy immigrants. If you crank youth unemployment up to about double what it is now I believe that would be enough to start some pretty crazy riots. Politicians are to blame as they have done nearly nothing to ensure young people can afford to live here, yet have rolled out the red carpet to wave after wave of wealthy immigrants who do not work or pay taxes here. It’s basically a powder keg waiting to explode.