Friday Free-for-all! October 20th 2017

We’ll, will you look at that…

It’s Friday!

And Friday means it’s time for another Friday Free-for-all post. This is our regular end of the week news round up and open topic discussion thread for the weekend.

What’s going on out there?

Post your news links, thoughts and anecdotes in the comments section below and have a fantastic weekend!

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[…] Dude Chillin pointed out this article about a Vancouver strata lawyer preparing a class action suit against Airbnb: […]

YVR

NDP called out on more broken promises.

Grizzly meat hunt is a trophy hunt in disguise, say 38 organizations

Thirty-eight environmental and animal welfare groups have signed an open letter to the B.C. government opposing the continuation of grizzly bear hunting for meat.

http://www.cbc.ca/news/canada/british-columbia/grizzly-meat-hunt-is-a-trophy-hunt-in-disguise-say-38-organizations-1.4343602

patriotz

Since you’re so obsessed with the issue, what is your position? Mine is (c). Put up or shut up. Note these 3 positions are also those of the 3 major parties in BC.

(a) continue grizzly hunting of all sorts.
(b) hunting only for meat.
(c) no grizzly hunting of any sort.

YVR

Of course it should be (c) no grizzly hunting of any sort which is what the NDP promised but used trickery in their wording to leave a loophole for meat hunting which nobody had even thought about since it was non existent. It would be kind of like banning whaling unless you use the blubber to make paint for art work. It leaves a loophole for anyone to continue whaling and is impossible to enforce or monitor.

Oracle

Chinese outflows are currently $30 Billion USD per month.

Chineses reserves stable.

YVR

Global News calls out the fraud NDP. The New Zealand government announces changes to ban foreigners purchasing existing RE within days of getting elected while months after getting elected the lying NDP are still studying the issue and have no plans to make any changes.

https://globalnews.ca/video/3823430/new-policy-in-new-zealand-gains-attention-in-vancouver

Oracle

Notice how the UBC talking point Davidoff has changed their tune? Go to hand it to the NDP, they pulled quite a caper on the sheep.

YVR

Davidoff’s position is the 2% foreginer’s tax which is fine. He is predicting the NDP must do something soon since that is what they were elected to do. Problem is Davidoff was not in BC the when the NDP was in power last. He has yet to learn what the NDP are about. Sadly they are not going to do anything. There is zero chance the 2% tax is implemented under the NDP. The NDP prefer to tax working locals.

Confucius

FFS, you’re the sheep. You were the biggest NDP cheerleader. Don’t split the vote you said, haha. I voted for them based on their platform, but didnt really expect changes. Either way, Christy and the liberals needed to lose their jobs. All politicians are scum, there’s only one party, the greed party.

Whistler or Bust?

They didn’t win the election they will be studying it until they are kicked out.

They will do as all NDP Govt’s do…stay in power as long as possible to ensure pensions and pay backs to their union brothers and sisters and then disappear into political Siberia for 15 years.

This time is just a different version with their election stealing “coalition”

Oracle

Focus on getting dirt on some of the NDP MLAs. They must be kicked out of office in shame EVEN if it means liberals back in. I’m sure many working on it and have something. I want to see the looks on Eby and Horgan as their party becomes decimated and them marginalized.

Oracle

I for one will actually go to the local NDP eectionnoffices prior to next election to tell the volunteers there what liars this bunch is.

Oracle

Remember, it is ok for the BC Liberals and the great Christy Clark to be liars. All their lies are actually truths. The truth is they never lie. It is not ok for BC NDP to lie though. Remember this.

Oracle

Someone impersonating the real Oracle.

Shut It Down Already

No, you won’t. You’re all talk no action.

paulb

New
237
Price Change
59
Sold
200
TI:9840

http://www.clivestevepaul.com

KickThemOut

Garth Turner’s GreaterFool blog got blocked over the weekend for hate and racism….a tiny victory by a member of this blog?

http://www.greaterfool.ca/2017/10/24/the-block/

Dude Chilling

Garth’s censorship was censored by the censors. How ironic.

Best place on meth

Sweet justice.

Oracle

I don’t understand how that guys is not in jail!??! He basically lies and gets old people or the naive to sell their house and invest the proceeds with him.

All while real estate has gone to record levels because he purposely disregards foreign money and immigration.

Isn’t that fraud? Like Madoff?

If that’s how Canada is then everyone might as well start lieing.

Shut It Down Already

Likely automated. This place will be blocked soon, too.

Whistler or Bust?

But you could leave and start your own blog!

Shut It Down Already

Nah, there’s already a decent Vancouver housing blog that has zero tolerance for unemployable racist scum. A second would be overkill, don’t you think?

Abdul Lahazi

Don’t call yourself names like “scum”.

Madashell

“It’s A Huge Story”: China Launching “Petroyuan” In Two Months
http://www.zerohedge.com/news/2017-10-24/its-huge-story-china-launching-petroyuan-two-months
Looks like the American money press will stop and interest rates are going up. Watch out Vancouver real estate.

KickThemOut

Sounds more like another opportunity to buy US MIC companies stock before they go through the roof. Every country that tried to go for an alternative petro currency has seen its government collapse, and its leader dead or close to it. Even Russia don’t dare to try to do that. If China really tries to go for a PetroYuan, you can expect color revolutions in China, follow shortly by other events / accidents that will give US excuse to remove the Chinese government. I don’t think China is that stupid.

/dev/null

MLS® R2216734
325 38TH AVE E
$2,298,000

Description includes: “2 bdrm suite down averages $2500 p/m on Air BnB. Could rent for $2000 pm to long term tenant.”

What is the chance that the current owners have been declaring the $30k/year in income from that AirBnB? Is there a way to report this to CRA? I already know the city doesn’t care…

Simple Solution

I wonder what would happen if some average worker just decided to not declare 30K a year in income…. probably get the same treatment as the Air BnB host I assume….

What a joke this city is

KickThemOut

If you are a small biz owner, and pay the proper fees, likely nothing…or else why the uproar over Justin’s attempt to close all the loopholes?

KickThemOut

You can always report them to CRA via the snitch line.

Oracle

Why would someone downvoted this? SIDA?

Shut It Down Already

Yup, but only a few moments ago.

I think it’s pretty pathetic to use the tip line in situations like this. You’ve got no idea what taxes were or were not paid. It’s pure jealousy which motivates you.

patriotz

“What is the chance that the current owners have been declaring the $30k/year in income from that AirBnB? ”

They’re not getting $30k/year income. Depending on the size of the mortgage, they may not be getting any income at all.

However, they have set themselves up for taxable capital gains on the property by operating a hotel out of it. That’s where the real payoff is for CRA.

Lost...but not Leased

Yes…this could get interesting..
Not only worry re assignments and flips….but if the same units had rental income as well…..even more SOL.

Oracle

And the owners would then have income and not be able to claim FULL child benefits or MSP exemptions etc.

It’s a Gong Show in BC. The suckers are keeping the tax base alive.

Oracle

Yeah. But they rather go after waitresses.

In Surrey alone there are estimated 70,000 basement suites. 70,000x$12000/yr = $840,000,000 income that could be taxed.

Add to that capital gains when a house is sold.

But go after the waitresses.

Lost...but not Leased

The more realistic chess game is if you are of “European” rooted genes..and the CRA etc. comes after you perhaps send red herring turd in their punchbowl re” updates on many of the investigations, or lack thereof …of
South Asian millworker/janitor/cabdriver with 10+ houses….or Asian students in $25 Million homes…..you get the drift

Shut It Down Already

“Going after waitresses rather than real tax evaders” is a meme. Unless you have some real evidence to the contrary?

Shut It Down Already

Capital gains would apply just to the proportion rented, no?

CRA221

https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/informant-leads-program.html

There’s a grey button “Report Suspected Tax Evasion.” Some fields are mandatory but you can just put “unknown” in them if you don’t know the name etc.

Please note I am NOT affiliated with CRA despite my user name.

history

http://www.baldingsworld.com/2017/10/23/everything-we-think-we-know-about-chinese-finances-is-wrong/

“China has been much much more dependent on credit and money growth to drive GDP than anyone could have believed.”

Doomcouver

The Chinese credit bubble is extremely alarming how big it is. It is undeniably the largest ever, and will be felt everywhere when it starts unraveling.

bullwhip29

seriously…what the eff is this? i understand a couple of these have been or will soon be up and running in powell river
http://www.cbc.ca/news/canada/british-columbia/chinese-english-high-school-opens-on-tru-campus-1.3788144

and what about this?
http://www.cbc.ca/news/canada/prince-edward-island/pei-chinese-english-school-mandarin-1.4300044

clever folks…planting roots and setting up colonies in these little off the beaten path types of places…

Oracle

You’re gov controlled by a small group. All parties basically. You are living in a dictatorship.

KickThemOut

PEI I don’t know…but you seriously think all those rich spoiled brats going to want to live in Powell River for years while they go to school there and having absolutely nothing else to do? This is probably some scam by someone to extract taxpayer money.

Dude Chilling

or there will soon be a lot of Lambos tooling around Powell River.

Lost...but not Leased

The elephant in the room is taxpayer funded facilities/infrastructure are being usurped by the Public Education systems civil servants as a means to facilitate maintained employment and job security by marketing OUR school system for international students. When you get your annual property tax statements aren’t approx. 50% of the taxes going towards SCHOOL system ? My understanding is collectively over 100,000 international students are currently accessing BC school systems(including university). IMHO this is bogus….and somewhat corrupt., and I want at minimum an adjustment on my taxes…as i do not see a line item on my tax bill that informs me of what I consider is an abuse of the intent of the education system. aka if they cannot fill classrooms based on domestic demand, they should be dragged kicking and screaming into the real world . The ever whinny… Read more »

Oracle

The infrastructure being used is never paid for by foreign student fees.

KickThemOut

4 In 10 Canadians Can Not Cover Basic Expenses Without Going Deeper In Debt

http://www.zerohedge.com/news/2017-10-24/4-10-canadians-can-not-cover-basic-expenses-without-going-deeper-debt

Lost...but not Leased

Re Selena etc.
Actually, voters should take some blame…for being under educated and overly optimistic about the realities that confront us.

Housing has been an issue for decades, and its only gotten worse.
Wake up folks…there is no magic bullet..at least none from the politicians.

Unless they try to tighten things up…whereby classic citizenship meant something….we are a borderless frontier

Richmond General Hospital apparently has one non citizen birth a day…over a year thats a whole elementary school worth of kids…
From one of my better informed sources…one Richmond expectant mother had to be airlifted to Nanaimo because of lack of space in Richmond Hospital …..Others are being transferred to other hospitals…whereby the mother is wrapped up tight to delay birth.

THE best test is to go to emergency…and look at the demographics of those waiting attention….

Doomcouver

There are a few potential magic bullets, but they include putting up high barriers for market speculators. The solution would trigger a massive correction, and any political party that fixes the issue will be marginalized in the subsequent election. The 2% tax on homes with low or no income declared would probably have been enough on it’s own to restore affordability. I will be amazed if we actually get it from the NDP though. Someone probably told them behind closed doors that their proposed changes would trigger the bubble to implode immediately and they started backing away from it. It’s not surprising when politicians refuse to enact legislation that would harm their self interests. Mike De Jong and his 7 houses he owns is a good example from the Liberal camp…

KickThemOut

Or more likely they be hit with the kind of protest Justin T is facing with his proposed small business changes. There are a lot of local rich, but curiously income poor, people too….you just don’t know or think they are all up and up with their taxes.

history

chinese ‘students’ aint stupid. Come over to babysit real estate and get knocked. So they R fukin? what else you gonna do in a condo?

Abdul Lahazi

Surrey ER is always plugged full of old Southeast Asians.

Madashell

New Zealand not for sale to foreigners under new prime minister
https://www.yahoo.com/news/zealand-homes-not-sale-foreigners-under-pm-100949167.html
Hey Trudeau, take a lesson from New Zealand’s new prime minister. HOUSING is for CANADIANS!

Doomcouver

I wish ANY federal candidate in Canada would take this position. They’d pick up a ton of votes. I’d definitely vote for them.

Abdul Lahazi

We need some politicians with balls. If someone would actually stand up for Canada then we could ban all foreign ownership and get our country back from the Asian hordes.

KickThemOut

I doubt any developer or selling home owners is going to refuse your money…..

oh wait….I forgot, you meant that you want to buy at below market prices for the cheap, or what you consider to be fair price.

Just me

I would vote for this in a heartbeat, if it was on offer in Canada:

“Overseas buyers will no longer be allowed to purchase existing homes in New Zealand, Prime Minister-elect Jacinda Ardern said Tuesday, as she unveiled a raft of policy deals made with her coalition partners.”

“Ardern announced plans to slash immigration and focus on regional development and job creation.

“We have agreed on banning the purchase of existing homes by foreign buyers,” she said, specifying that the new rules only applied to non-residents.

“(We) also have plans around farmland and other critical infrastructure,” she added.”

This new prime minister is brilliant! She sure beats our spineless politicians, and their never-ending “researching” of the issues, and “comprehensive” strategies.

KickThemOut

AKA developer max profit plan. Sounds exactly like that Australian foreigner buyer housing plan. How did that work out?

Best place on meth

Is there some way we can make Ms Ardern Canada’s PM too?

Flush the Turd, we need a real leader.

patriotz

The Liberals just won a by-election in Quebec in a riding they hadn’t won since 1980 and where they came 3rd in 2015. They are not going to do anything to trip themselves in Quebec and the last thing they are going to do is get into a fight with the Quebec government which considers foreign ownership their own jurisdiction, like all other provinces. The Liberals have already made it clear that if people want restrictions on foreign ownership they can elect provincial governments that will bring them in. PEI has already done so. Nor are the other federal parties going to get involved for similar reasons.

Note that New Zealand has no provincial governments, only the national government.

Bear Vancouverite

Hey patriotz, an honest question. For years you said that if the people of BC want to have lower house prices they will have to vote for a party that will do something about it. The NDP is now in power, what is your opinion of their job so far in dealing with the crisis?

Whistler or Bust?

Crickets….

patriotz

I will repeat some things I have already said.

First of all no political party advocates lower house prices or wants a crash to happen. That’s because the majority of voters who are already homeowners don’t want lower prices. If enough people actually wanted lower prices you would have parties openly advocating this. That was my point – it’s really about the voters.

With regard to the current NDP government my view has been that they are waiting to see the effects of the new Federal policies in the Vancouver and Toronto markets. No government wants to be blamed for a bust. Also I do think they will take action on the revenue side because they need the money.

Dude Chilling

Vancouver strata lawyer preparing class action lawsuit against Airbnb

http://www.cbc.ca/news/canada/british-columbia/vancouver-strata-lawyer-preparing-class-action-lawsuit-against-airbnb-1.4368283

Polina Furtula alleges Airbnb ‘is profiting from the unauthorized use of other people’s property’

Doomcouver

I hope he wins. A significant amount of airbnb rentals are only for airbnb. If these airbnb operators want to run a hotel, they should stop breaking the law and BUY A HOTEL. So many dirtbags, so little time.

Just me

I agree. it seems to me that many people are actually buying real estate with the idea of leveraging debt and paying back the installments with income generated with Airbnb. This is certainly happening on a large scale in Kitsilano.
This whole approach risks to transform housing into a gigantic money-making machine for self-made entrepreneurs, and remove housing stock from the market for residents who actually need it the most.

Who will our politicians side with this time? The entrepreneurial mini-hoteliers who want to turn scarce residential buildings into businesses?

Simple Solution

Not a problem if they are licensed and pay tax. And follow the same rules that hotels do. And have their properties classified as commercial and taxed as such.

KickThemOut

How about Uber drivers?

Best place on meth

Good question, how’s the job treated you so far?

KickThemOut

You mean kind of like how if people want to be a taxi driver, they should buy a taxi company or medallion?

Diadora

Tweets about Selina R after interview.
“an embarrassment and should resign immediately. Dirty money and speculators won today.”
“Seriously losing confidence in @bcndp ability to solve #VanRE housing crisis.”
“Listening to @selinarobinson today proves that she doesn’t understand the housing market and lacks empathy. ”
“Meanwhile @jjhorgan & @bcndp fiddle like modern day Nero’s while Vancouver burns.”

Boombust

The NDP is watching and waiting. They have data to show how markedly the RE market is already slowing. They are also waiting to see what effects the new OSFI measures will have. Don’t forget, once this bubble finally pops, there is very little to fall back on as per the 1980’s housing bust here with all the province=wide and local mega projects that were underway back then.

C.Junta

>The NDP is watching and waiting

I agree. They know the end is imminent and near, and they do not want to be perceived as the force that triggered it.

Dave

That’s definitely one explanation.

I think the other and more likely one, is the NDP are bought and paid for and they appointed an idiot to the housing file so that nothing gets done. Remember, they were busy doing nothing before the bank starting raising rates. They continued doing nothing while condo prices continued the march upwards.

If housing is stable come Spring, I predict they continue doing nothing, other than making the odd superficial announcement.

Doomcouver

I think the real answer is somewhere in between. They’ve likely been told behind closed doors that the bubble will collapse at some point. They’ve also been told that their proposed measures prior to the election are pretty much guaranteed to pop the bubble. I do feel they’re hoping that it collapses on it’s own. That way they don’t have to piss off their corporate buddies. They’ll also get to blame it on the Liberals, and gain political capital that way. I don’t know if they’ll be able to time it right though. They’re basically banking on the bubble popping in the next 3 years or so, without their intervention. If the market holds up, or if they enact policies that pop the bubble, they will likely fail to retain power in the next election. The hail-mary of hoping the… Read more »

bullwhip29

imho the outcome of FBT class action suit is more significant than anything else. i suspect that krusty and the Libs had no intention of keeping this in place for long or actually stealing anyone’s carefully laundered funds. had they won election, FBT would have been killed no if’s, and’s or but’s about it. now the NDP has this big fat turd to deal with and all options stink. should they fight this in court and somehow win and perhaps adopt and enforce other housing measures buyers will run for the hills and NDP faces likely loss in next election due to crumbling BC economy (which for all intents and purposes is real estate). should they lose case or back down entirely before it starts, i’d guess other proposed measures to slow influx of foreign money will also be shelved… Read more »

C.Junta

>more likely one, is the NDP are bought and paid for

It’s hard to tell. In the course of the last 10 years we got used to the idea, sorry, to the fact that BC Libs are the recipients of the re-backed corp money. Were the donors so generous to both gangs all this time? Or have they ditched BC Libs right after the elections? I don’t know how it works.

Dave

Vision Vancouver sold out years ago. The same gang joined with the NDP. When you connect the dots… bought and paid for.

bullwhip29

this whole deal with the FBT class action suit is also hanging over their heads. if they get hammered by the lawyers i can imagine all this other fluff will be put aside indefinitely.

YVR

I bet if you asked the NDP housing minister Selena what impact the OSFI measures were going to have she would answer what is OSFI? The NDP doesn’t even track foreign buyers. The lady is a deer in headlights. Horgan and Eby are MIA. The NDP either don’t care, are completely incompetent or both. All we do know is the NDP are liars and have given every indication they will not even attempt to do any of their housing related election promises. The can will be kicked down the road.

KickThemOut

And you are an embarrassment for being wrong after a decade, doesn’t look like you are stepping down anytime soon either. If bears applied the standards they are holding the NDP too, they would have committed seppuku a long time ago.

KickThemOut

Shinzo Abe secures supra-majority in Japan election! https://www.reuters.com/article/us-japan-election/abe-to-push-reform-of-japans-pacifist-constitution-after-election-win-idUSKBN1CQ0UW What does this mean? It means: 1 – He can now move forward with constitutional reforms and create a true professional Japanese military 2 – Japan can then end the issue of North Korea that US, China and South Korea refuse to deal with, and reunite Korea into a single unifying country. 3 – Japan can now properly help US in Asia geopolitics and take Taiwan as a protectorate under its wings 4 – Japan can take leadership position in Asia as it did for most of 20th century 5 – Japan can now project power and help ASEAN countries against China in South China Sea 6 – Japan and US can now properly check China’s advances into the Pacific and stop it cold. The time of China is potentially in its… Read more »

Dave

I put the odds of Little Rocket Man disappearing at greater than 50:50 within the next 6 months. The timing and events couldn’t be worse for Rocket Man. It’s now in China’s interest to take him out, not just because of Japan, but also trade with the US, exerting power in Asia and saving face from North Korea making China look weak. It’s a win-win for China and Trump. It’s no longer worth the risk for China keeping him around.

KickThemOut

Good thing you aren’t in charge of China because you know absolutely nothing about China or geopolitics, and apparently an inability to learn after what happened to US after they decided to take out some dictators.

Dave

We’ll see. I put the odds at greater than 50:50. I have a good track record with this stuff. Trust me on this.

Doomcouver

I don’t think it’s that simple, you’re not examining the ideological aspect. North Korea is one of the last fully communist countries. There are only 5 left and they include China, North Korea, Vietnam, Laos, and Cuba. Letting North Korea fall to the democratic south is not something China will accept. China also will not accept the 25 million refugees that will flood out of North Korea if China invades and takes control of the country. The Americans would also not be okay with China annexing North Korea. If either side moves on North Korea, war between China and the USA is a distinct possibility. At least a very bloody proxy war if nothing else.

Dave

When I predicted that China takes him out, the obvious outcome is they will replace him with another dictator, but the new guy will answer to China. He’ll modernize their economy the way that China did the last few decades.

China isn’t going to risk another Korean war, remilitarization of Japan or a trade war with the US due to lack of regime change in North Korea. It’s in their benefit to carry it out. It’s also a good move for Xi to be seen as a strong leader considering China wants to become a superpower.

bullwhip29

the problem is that Kim likely has this scenario on his radar and should “something” happen to him i would bet that it would trigger a chain reaction of pre-programmed retaliatory moves designed to inflict the maximum amount pain and carnage. not only this, i am not so sure trump and co would be entirely comfortable conceding this key piece on the chess board.

Dave

And who would they retaliate against? China will bring about the silent coup.

KickThemOut

So why do you think Kim had his half-brother killed? To prevent this type of thing from happening. And how do you propose that china take him out when US can’t even do it with all their advanced hardware and military training? I thought China as Best Place on Meth puts it so eloquently is a piece of shit country with piece of shit product quality. How do you expect such country to do something that the most powerful country in the world USA can’t do?

Short of full invasion by Japan, nothing will change.

Dave

On one hand you dismissed my prediction as nonsense and on the other you claim it’s the reason Kim had his brother killed. Can’t have it both ways. China can take him out because they have people on the inside of the regime while the US for the most part does not. China naturally has all sorts of connections with the North Korean government considering they supply them with needed goods and resources. China isn’t going to remove Rocket Man in a US style invasion. It’s going to look more like a kidnapping, where Rocket Man gets led into a car and is taken away under government watch. The rest of the leadership will either be removed or given the option of working for the new boss. The public won’t even know this happened until it all plays out, which… Read more »

Simple Solution

NZ plan to tackle housing crisis…. An actual plan, not a plan to plan a plan to formulate a plan about making a plan at some later date.

http://www.labour.org.nz/housing

bullwhip29

Trudeau and Poloz Are On an Economic Collision Course
https://www.bloomberg.com/news/articles/2017-10-24/trudeau-and-poloz-are-on-a-collision-course-canada-eco-watch

>>> i wonder if Poloz is gonna get “Morneaued”

bullwhip29

City of Richmond council (ahem…2018 Marijuana Legalization Concern Group) unanimous in their opposition to cannabis legalization
http://www.cbc.ca/news/canada/british-columbia/richmond-council-cannabis-legalization-1.4368561
http://images.glaciermedia.ca/polopoly_fs/1.23069709!/fileImage/httpImage/image.jpg_gen/derivatives/original_size/chak-au.jpg

>>> simply put, those “illegal” grow ops, casinos, money “refining” depots, beauty salons, massage parlours, passport & document mills, unlicensed contractors, realtors etc etc etc… are more profitable, tax free and we would like to keep it that way

Bag it and tag it

Freedom is not as important as their children’s math scores

Joe Clean

Which is why they are burying our white slacker kids.

Combat roach

That picture is epic. Holly shit, what a group of radioactive freaks. I bet they glow in the dark and make noises.

Abdul Lahazi

If they don’t like it then they should leave. Please please leave.

Just me

Illegal gaming unit killed in 2009 due to BCLC ‘funding pressure’.

http://vancouversun.com/news/national/illegal-gaming-unit-killed-in-2009-due-to-bclc-funding-pressure

The March 2016 memo for then finance minister Mike de Jong, is the first known document indicating the illegal gambling task force was disbanded by B.C. officials for financial reasons.

Also, the document suggests, in the aftermath of the unit’s closure, organized crime in B.C. has been able to increase its dangerous reach into both legal and illegal casinos, for the purposes of money laundering.

bullwhip29

fast forward 15-20 years and Richmond is effectively the Macau of the west. one little casino simply not enough to handle all the potential business that could pour through YVR

bullwhip29

‘Unsolicited’ home-equity loan ruined Chilliwack man’s life, says court claim
http://vancouversun.com/news/local-news/unsolicited-home-equity-loan-ruined-chilliwack-mans-life-says-court-claim

Just me

Airbnb advertises short-term rentals in Vancouver, despite the fact the city says they are technically illegal.

http://www.cbc.ca/news/canada/british-columbia/vancouver-strata-lawyer-preparing-class-action-lawsuit-against-airbnb-1.4368283

Gregor Robertson, you are a joke. Build another bike lane and smile…….

Simple Solution

possible to do anything about it! Not like UBER which was killed instantly.

Lost...but not leased

Svend Robinsons’ wife Selena sure made a fool of herself..

Here Wiki info is uncertain the year she was born…and she only won by 41 votes…

She, as rookie minister….. has a ministry that is responsible for
(i) Municipal Affairs
(ii) Translink,
(iii) Housing

WTF?

Seems the NDP typical scam is to continually download the housing issue on to the Private Sector…..aka Landlords. …which accomplishes nothing but create more bureaucracy. All this will do is reduce the landlord pool, who will crunch the numbers and review the added burden/risk and simply cash out…which simply reduces the rental unit pool.

This is a growing mess.

Joe Straight

Wife? What, did he undergo conversion therapy?

bullwhip29

Wow…lots of moving parts to shaughnessy mansion story…very interesting
http://bc.ctvnews.ca/vacant-shaughnessy-mansion-was-set-ablaze-officials-say-1.3645615

Best place on meth

“One of Pan’s other expansive homes hosted Prime Minister Justin Trudeau at a $1,500-per-person fundraiser, which was blasted by opposition MPs in 2016 as a “cash for access” event, though those involved denied that.”

So the son of a bitch who torched his house hosted Turdeau in one of his other many houses.

What a cesspool this country has become thanks to the communists, both domestic and foreign.

Just me

As usual, my reaction tho these news is disgust. Our politicians aid and abet these criminals, as they bring millions from their offshore funds.

Doomcouver

If the owner had something to do with it, I hope they get evidence against him and toss him in jail. Also put a lien against his house for the equity he gained by torching it, and after he serves his jail time deport and ban him from entering Canada. I know none of this will likely happen, but a housing bear can dream……

bullwhip29

i bet demolition crews will remove all evidence before any serious investigation can commence then lot will sit vacant until Robertson is kicked out of office (and bylaws changed)

YVR

Your motive is right here:

Shaughnessy heritage rules say that if 60 per cent of the home is burned, it can be razed and rebuilt.

Shut It Down Already

Or maybe it’s some douchebag arsonist with a grudge against those who leave homes vacant.

YVR

They had a grudge so they break into the house and torch it with the result being increased land value for the owner? The fire was set from inside. Most $14M homes have alarms with monitored security. Who is going the break into a home, risk getting caught, in order to torch is so severely it will be a tare down? A random arsonist would torch it from the outside.

Shut It Down Already

You clearly know more than the investigators, who according to the article haven’t even been able to get too close due to risk of collapse.

YVR

Global reported it on the 6 o’clock news as the lead story. Fire investigators and police reported it. They also noted they owners will avoid the $114K empty home tax. I guess Ted Chernecki did it since he did the story? Global, the police and fire department must be racists for reporting this.

https://globalnews.ca/video/3821100/new-information-about-owner-of-burned-vancouver-heritage-mansion-2

Just me

It all starts to make sense……

Shut It Down Already

Reporting the facts is not racist. You know this. Suggesting criminal intent purely because of the ethnicity of the owner of this property or any of the others that have mysteriously burned down, however… well, you work it out. You’re a smart guy.

Just me

Yes. I am sure that suggesting that economic incentives were at play in this orchestrated arson is racist.
We should all pretend to be stupid and this was an accident. Telling the truth is racist.

YVR

I think I was reporting the facts. Then you suggested I must have done it. You use racism as a crutch to justify you failures in life.

Abdul Lahazi

No he just is using common sense which you lack.

Just me

I wish all my enemies were as generous as the ones described by SIDA.
Go take a walk SIDA…..you make even less sense than usual. Are you in a bad mood? Did you not manage to sell any condos today?

Best place on meth

The traitor will back mainland chinese criminals 100% of the time.

Wait, were you talking about Turdeau?

Combat roach

Prickster is just trolling and has fun. He doesn’t believe in crap and nonsense he points out but gets enormous pleasure and joy while causing the rage and anger across the blog. Kinda understandable…

Shut It Down Already

Ah, the safe “you must be a realtor if you disagree with me” retort when you have nothing else to say.

I wish I were a realtor – who’d say no to $50K for a weekend’s work during a hot market?

Just me

Would you want a medal for that, as well? Perhaps for your contributions to society at large.
Realtors are overpaid, glorified pimps. In Vancouver they aid and abet money laundering for their personal profit.
They play the race card in public debates to stifle honest discussions about the wall of corrupt money that has hit this city.
I have no doubt you would love to join the party, if you have not already done so.

This is about money, not race.

bullwhip29

so i wonder if Pan is taking Kathy Tomlinson and the Globe and Mail to court for this?
https://beta.theglobeandmail.com/real-estate/vancouver/no-deterrent-for-prolific-illegal-hotels-inrichmond/article33356860

this guy is definitely connected meaning all this conveniently goes away, Tomlinson is relegated to restaurant reviews and demolition crews will be onsite at 3737 Angus before any meaningful investigation into the cause of the fire is concluded

bullwhip29

Pan is Chairman of CACA http://www.ca-ca.ca/en/ and keeps company like this…
http://en.unionpay.com/news/newsroom/file_113290771.html

KickThemOut

Isn’t this exactly what Best Place on Meth, Combat Roach, Abdul, etc was advocating on this very blog a few years back? Torch the empty mansion owned by Communist foreigners? Didn’t they not praise people in, what country was it??? Ireland or something that did this?

Now this actually happens, instead of taking credits, they suddenly scatter like cockroaches and says it’s an insider job?? Seriously? No integrity or guts whatsoever! But then, we are talking about big bad, all talk, no action bears here.