How do you talk about foreign buyers without being racist?

A growing issue in Vancouver real estate is that of foreign buyers. Statistics Canada claims that non-resident foreigners own 7.6% of the value of homes within the city of Vancouver.

Now clearly it is possible to talk about this issue without devolving into racist generalizations and hate, but some commenters on this site have a very difficult time doing so.

There are a number of parties that have no interest in changes to the current market and these parties are served best by angry racist rantings.  What better way to distract from the issue at hand and paint any discussion of foreign buyers as racist?

So good job you knuckle-heads, those that profit in a run-away housing bubble thank you!

 

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Screwed
Guest
Screwed

And up she goes!

Fact
Guest
Fact

Lots o realtors selling their properties lately

Dave
Member

Poloz sounds like a reluctant party. It looks like they want to see inflation before taking action going forward. Based on the last three years in Vancouver, it’s clear that bubbles can get created in a low inflation environment.

I think we only are going to get one more rate increase this year.

PTT
Guest
PTT

https://www.reddit.com/r/vancouver/comments/7qvfnw/horgans_response_today_to_andrew_weavers_demands/

No demand side action coming in next budget. Looks like the loudmouths here were correct after all.

patriotz
Member

“No demand side action coming in next budget. ”

Horgan himself says otherwise : “I do believe we need to knock back speculation and make sure we are penalizing that behaviour in the interest of reducing demand and softening prices.” The NDP didn’t campaign on a promise to ban foreign buyers. The Green Party didn’t either, and I think Weaver is being a bit crass in urging the NDP to do something that the GP didn’t support during the election campaign.

http://www.cbc.ca/news/canada/british-columbia/john-horgan-ndp-housing-1.4490512

avgjoevancity
Guest
avgjoevancity

isnt reducing speculation a demand side action…..

Dave
Member
You can’t manage something you can’t measure. We have no idea what the level of foreign speculation is because we don’t have the data to track it. We also have no idea of all the convoluted ways that foreign money gets into real estate. So, how can the NDP really be effective to this end? Unless you damn the whole river, the water (or money) will find it’s way around whatever obstacles you put up. Based on that, my prediction is the NDP will take a lot of empty measures and make a lot of empty statements that in reality have little to no effect in reducing foreign demand. Does anybody really think a bunch of SJW liberal arts dorks living in Victoria have any clue about international finance? Laughable. We’re run by incompetent idiots. Likewise, the Province has little… Read more »
Just me
Guest
Just me

Really curious to see what the NDP comes up with in the February budget: it will be immediately obvious whether their measures have any bite.
I like the mention of triggering “softer” prices. That is the most promising sentence I have heard from a BC politician in years (with the exception of Eby, who obviously gets it).
If the NDP comes short of their election promises, I expect they will pay a heavy price in the next election. The shift to the Greens might be powerful. I think Horgan knows that. He cannot be that naive. it would cost him Metro Vancouver.

best place on earth
Guest
best place on earth

when interest rate’s up, inventory’s up, price’s down, people sell home for less, you cheer up like little kid sees Barney for the very first time. Question is, when the all things trigger softer prices, what are you gonna do about it? Are you gonna buy that single family home in Point Grey that you think you are entitled to?

Bag it and tag it
Member
Bag it and tag it

Weaver did campaign on a 30% province wide FBT. Horgan would be wise not work the campaign promise angle when trying to discredit Weaver…could bit him in the ass if the budget doesn’t deliver on his own campaign promises.

Best place on meth
Member
Best place on meth
KickThemOut
Member
KickThemOut

So if your last chance at owning a place.

Fact
Guest
Fact

2017 1.99% 5 yr just 6 months ago

Best place on meth
Member
Best place on meth

2.09% a year ago.

Close enough.

Shut It Down Already
Guest
Shut It Down Already

1.99% variable, not fixed.

Funny how
Guest
Funny how

HSBC 1.99 5 yr fixed I have it Truth

paulb
Member

New
212
Price Change
31
Sold
89
TI:7080

Readers, if you ever want info on sales or listing activity in your hood or area of interest shoot me an email. I send many users weekly updates each Friday to help keep them in the loop. No question to big or small. pboenisch@sothebysrealty.ca http://www.clivestevepaul.com

xyz
Guest
xyz
YVR
Guest
YVR
Comments on the article. Reginald Freebody Wayne Waters · University of British Columbia Why doesn’t this so called Premier stay in China? He is a pile of Garbage! Let’s have another election and see where this Character ends with vote numbers! Like · Reply · 18 mins Anthony Takkedahl · Vancouver, British Columbia Greens should collapse the government now. The NDP were voted in to end the housing crisis. Like · Reply · 22 mins Kelly Darwin · Victoria, British Columbia ahh the no plan approach….great Like · Reply · 2 · 37 mins Dave Kolar · Windsor Secondary School That’s ok it won’t be long before Vancouver is a ghost town of empty homes owned by the Chinese. The only people will be their kids in the universities driving their Ferrari’s and lambos smashing into each other.. Like ·… Read more »
See Saw
Guest
See Saw

Unreal. The Comments. that is. And to think a lot of those people were supposedly of sound mine to be able to vote in the first place.

YVR
Guest
YVR

Horgan pulls the we are all immigrants card. Foreign buyers are considered immigrants now?

“B.C.’s the gateway to Canada and I don’t believe we should be curbing people from coming here,” he said. “I’m a child of an immigrant and virtually everyone I see here is a child of an immigrant.”

Shut It Down Already
Guest
Shut It Down Already

“Horgan pulls the we are all immigrants card”

It’s so obvious that’s not what he meant.

YVR
Guest
YVR

What he meant is if you talk about restricting foreign buyers you are a racist. He knows people like you lap that stuff up.

Shut It Down Already
Guest
Shut It Down Already

Well, he obviously didn’t mean that either. But good job for having another stab at defending the genuine racists, weasel.

DaMann
Member
DaMann

I will give him credit though, you would have never heard this before
““What we know with absolute certainty is money raised in other parts of the world is distorting our housing market and we want to take steps to address that,” he said.

and
“I do believe we need to knock back speculation and make sure we are penalizing that behaviour in the interest of reducing demand and softening prices.”

That IS progress somewhat. Credit where credit is due, it’s nice to hear a Premier say those things

Just me
Guest
Just me

I agree. Christy Clark would never have said that.
However I have mixed feelings about Horgan. it is almost as if he was giving with one hand and taking away with the other. I guess we will see in February.
I would not be surprised if there is a rift between him and Eby about what to do about housing. February will tell us who won the fight.

CRA221
Guest
CRA221

Agreed. Christy only said that the “hard earned equity” of homeowners should be maintained.

Shut It Down Already
Guest
Shut It Down Already

Whereas Horgan only said:

“Housing is a critical component of many people’s equity and their retirement prospect, and we want to make sure we don’t adversely affect the marketplace”

Whistler or bust?
Guest
Whistler or bust?

Still blaming Cristy for NDP inaction are we?

Just me
Guest
Just me

Christy Clark is the main reason why we are where we are. She literally invited Chinese mainlanders to come here and break our laws. Because it was “good for the economy”.

Enough of good for the economy: sometimes you have to do things that, in the short run, might carry a price tag.

Shut It Down Already
Guest
Shut It Down Already

“Literally” doesn’t mean what you think it does.

Laibach
Member
Laibach

All Quiet on the Western Front. Yet another Manchurian candidate, and yet another gutless opportunistic deceiver.

“Christy Clark says a ban on foreign buyers sends the wrong signals to investors about B.C.’s open economy.”

Raincity
Member
Raincity

Bye bye NDP….Hello Green!

Dave
Member

He’s got 4 years until people can call him on it. The Greens are all talk.

Bag it and tag it
Member
Bag it and tag it

If the PR referendum is successful, they might consider blowing up the coalition if the NDP don’t bend to their demands…they would gain a ton of votes.

Dave
Member

If an election occurs early, it will be under FPTP, not PR.

The NDP also pushed the election from Spring to Fall (to bias the election to students), so the election is just under 4 years away… Fall 2021.

Diadora
Guest
Diadora

Accroding to Garth… There are 49,000 realtors in Toronto with a mere 77 detached houses sold in all of the six-million-person GTA in the first two weeks of January.
Ouch!

Best place on meth
Member
Best place on meth

According to Garth, HAM never drove up prices and Douglas Todd is a Nazi.

Strata Hacker
Guest
Strata Hacker

You can believe Garth at your peril.

KickThemOut
Member
KickThemOut

He never did post his squirrel receipt like he promised.

bullwhip29
Guest
bullwhip29

no doubt things are dead quiet right now. one local richmond based realtor is quietly attempting to prospect by running their own $25 gift card promotion on the heels of the superstore promo that everyone and their dog has signed up for 10x over. so, prospective or former clients can supposedly mail back a competitors calendar in exchange for a $25 starbucks card which I presume you’d have to collect in their offices or face to face somewhere else. anyway these folks have been giving away “free” dinners at seminars and what not since the beginning of time, so nothing really new…

Whistler or Bust?
Guest
Whistler or Bust?

Speaking of bubbles – Smile of the day. Man there are some creative people out there.

https://www.youtube.com/watch?v=UG7zLhEWanc

kabloona
Member
kabloona

“Major Cryptocurrencies Plunge in Double-Digit Selloff”

🙂

https://ca.finance.yahoo.com/news/major-cryptocurrencies-plunge-double-digit-105600926.html

KickThemOut
Member
KickThemOut

It’s all part of the deep state’s attempt to try to scare the plebes out so they can unleash their own crypto that they control. Except the cat is already out of the bag and they are late to the party. Crypto is the future! Uncontrolled by the deep state.

Hyper-mega-Bull
Member
Hyper-mega-Bull

Taiwanese waitress fired from Australian eatery for saying Taiwan is ‘definitely not’ part of China

Tensions boiled over when Taiwanese waitress at Australian hot pot spot told her boss Taiwan is ‘definitely not’ part of China

https://www.taiwannews.com.tw/en/news/3341570

Best place on meth
Member
Best place on meth

Why was she working for vermin in the first place?

I hope she said “go fuck yourselves, locusts” on her way out.

KickThemOut
Member
KickThemOut

She should sue her boss for that. Everyone can read up Madame President Tsai’s manifesto that clearly states that Taiwan is and always should be a colony of Japan – the rightful owner & protector of all East Asia.

kabloona
Member
kabloona

Oh, cry me a river…

😉

” BIV – Canada’s mortgage changes could hurt overall economy
‘Stress test’ will drive borrowers into more expensive financing options, brokers warn”

https://www.biv.com/article/2018/1/canadas-mortgage-changes-could-hurt-overall-econom/

“…..Vancouver-area mortgage broker Dustan Woodhouse fears that the federal government is moving too fast with lending restrictions and that it could threaten the national economy.

“I believe they’re trying to fix a problem that doesn’t exist,” said Woodhouse, a senior broker with Dominion Lending Centres, adding that homebuyers taking on larger mortgage payments will have an impact on the overall economy.

“If the economy contracts just a little bit, Canadians who have big mortgage payments will continue making them and won’t spend money elsewhere in the economy,” Woodhouse told the Mortgage Broker News. “

Funny how
Guest
Funny how

Mortgage brokers and realtors will soon be spending what little income they bring in on depends as sales and incomes fall sharply.
UGLY is coming

Bag it and tag it
Member
Bag it and tag it

“If the economy contracts just a little bit, Canadians who have big mortgage payments will continue making them and won’t spend money elsewhere in the economy”
Yes but those taking out new mortgages won’t be allowed to borrow to the point where they will have no money leftover after paying their bills for the month, and therefore will have money leftover to spend elsewhere in the economy…

Abdul Lahazi
Guest
Abdul Lahazi

A mortgage broker is now an economic expert? LOL.

Shut It Down Already
Guest
Shut It Down Already

Compared to you, yes.

kabloona
Member
kabloona
Hey, admin…why is my previous comment still in moderation? “Staggering share of Canadians fear bankruptcy if interest rates rise much more” (link at Global News) “Over 30 per cent of Canadians say they’re concerned that rising interest rates could push them close to bankruptcy, according to a nationwide survey conducted by Ipsos on behalf of MNP, one of the largest personal insolvency practices in the country. The result is just one of a number of findings signalling that household budgets have become significantly tighter since the Bank of Canada (BoC) started raising interest rates in July. Even though rates have risen by only half a percentage point since the summer, several measures of financial distress in MNP’s Consumer Debt Index went up considerably in the last three months of 2017, compared to the June-to-September period…… “We have a whole generation… Read more »
KickThemOut
Member
KickThemOut

Because your comment suck?

kabloona
Member
kabloona

You must be the expert…..

😀

squeak
Member
squeak

Since when did we start free lunches? Never ever received a free lunch myself, and have lived accordingly. How complicated is it to figure out that sometimes it will rain? Have an umbrella, eh?

If I recall right, I never heard a squeak when rates were artificially low and RE rising to the moon forever, and now…oh my. Tantrum de luxe.

DaMann
Member
DaMann

I wouldn’t shed a single tear for all those morons.

Vistro
Guest
Vistro

Anyone who says housing is unaffordable in Vancouver is lying. You can own multiple multimillion dollar properties in the Westside with an annual income of $97.11
http://vancouversun.com/opinion/columnists/douglas-todd-explosive-b-c-court-case-details-seven-migration-scams

Doomcouver
Member
Doomcouver

You’re forgetting you also need to be a CCP official as well as accept enough bribes or defraud enough Chinese banks to buy said multimillion dollar properties.

bullwhip29
Guest
bullwhip29

Apartment landlords in B.C. lobby to nip pot in the bud
https://www.biv.com/article/2018/1/apartment-landlords-bc-lobby-nip-pot-bud/

Patiently Waiting
Member
Patiently Waiting

It’s very easy to smoke marijuana without anyone knowing.

Abdul Lahazi
Guest
Abdul Lahazi

I have signed that petition.

Screwed
Guest
Screwed

Saw your name there

bullwhip29
Guest
bullwhip29
history
Guest
history

Arjun Singh, a City of Kamloops councillor who owns rental properties in the city, said his suites have been consistently full for the last few years.

Burnabonian
Member
Burnabonian

https://news.slashdot.org/story/18/01/15/1849212/researchers-find-that-one-person-likely-drove-bitcoin-from-150-to-1000?utm_source=rss1.0moreanon&utm_medium=feed

PRICES SET AT THE MARGIN

PRICES SET AT THE MARGIN

Just because someone paid that much once, it doesn’t mean it’s actually worth that much!

You think that’s air you’re breathing now?

Abdul Lahazi
Guest
Abdul Lahazi

It’s the same thing with a stock. If one person buys a few hundred equity shares of some company, then ALL the other shares are suddenly valued at that price and the company is now valued by the stock market at that new price. So one buyer will revalue the entire company.

Burnabonian
Member
Burnabonian

Nope, not at all. Not even a little bit. Because on the stock market you can see volumes.

Also, the stock market is a bid/ask arrangement that is autonegotiated in fractions of a penny.

I couldn’t pay $1000 a share for AAPL if I wanted to.

Abdul Lahazi
Guest
Abdul Lahazi

“I couldn’t pay $1000 a share for AAPL if I wanted to.”

Yes you could. set up a buy for $1000 a share and see what happens ….

Whistler or bust?
Guest
Whistler or bust?

Stick to socialism. You suck at investing.

Burnabonian
Member
Burnabonian

Ok. It closed at $176.19. I will bid $10k and see what happens.

Oh, right, I will pay somewhere around a hundred and seventy six bucks.

I cannot reprice a stock that way.

If that was possible they would have to close the stock markets tomorrow because every stock would be gamed exactly the same way that BTC gets gamed. And housing.

This does happen with OTC / pink sheets but the SEC hunts people doing it. And their algorithms know a thing or two.

Wait what grade are you in son?

Abdul Lahazi
Guest
Abdul Lahazi

“Son” LOL are you taking lessons from Oracle, or are you Oracle?
“I cannot reprice a stock that way. ” Who do you think “reprices” shares? The buyer that’s who. Listen dummy, how do you think stocks can be manipulated? By placing overpriced buys that’s how. You ever heard of pump and dump? I know of a broker who was canned and fined by IIROC for doing just this thing. Your ignorance is astounding. End of discussion.
PS: The SEC in the US not Canada.

Ulsterman
Member
Abdul, as far as i know market makers (people or algos) provide liquidity and provide a bid/ask. If demand is high the ask keeps getting taken up and buyers keep increasing their bids levels. So yes, buyers do drive prices higher but at the margin and incrementally. If it was an open cry market and you yelled out that you’d pay $10k for one share of AAPL I’m sure someone would oblige and happily sell you that share. But in electronic trading i don’t see how one outlier bid would move the market. Other market makers would not follow suit. You can make a limit bid of $10k but would it not just get filled at the incremental ask? Now if thousands of people suddenly wanted AAPL so badly that they were prepared to big up to $10k i’m sure… Read more »
YVR
Guest
YVR

“But in electronic trading i don’t see how one outlier bid would move the market. Other market makers would not follow suit. You can make a limit bid of $10k but would it not just get filled at the incremental ask? ”

When you “bid” that is the highest price you can pay. NOT the price you will pay. To pay your bid price that would have to be the exact amount as the lowest ask price. You CANNOT chose the actual price. If your bid is higher than the ask price there is a sale at the ask price NOT the bid price no matter how much higher you bid over the ask. Anyone who is trying to debate this has no clue on how stock markets work. The stock markets are not run by realtors.

Whistler or bust?
Guest
Whistler or bust?

You really are stupid. You might be able to screw with pink sheets or illiquid penny stocks but this cannot be done on major exchanges. Give up. You have been exposed as a no nothing anti-capitalist!

Abdul Lahazi
Guest
Abdul Lahazi

You should stick to something you understand like Whistler Real estate speculation.

Abdul Lahazi
Guest
Abdul Lahazi

PS: Fuck off. No one asked you to chime in.

YVR
Guest
YVR

You would get the stock at the current market ask price. You have no idea what you are talking about. It is not possible to pay more.

Abdul Lahazi
Guest
Abdul Lahazi

Ok smarty pants then try it and see what happens and get back to me…

Whistler or bust?
Guest
Whistler or bust?

Idiot

Abdul Lahazi
Guest
Abdul Lahazi

Hello sunshine …

Shut It Down Already
Guest
Shut It Down Already

You don’t know when to stop do you? You’ve clearly never bought or sold stock in your life. You also don’t know how a pump or dump works. In fact, what you don’t know could fill a warehouse. But we don’t exactly expect liars who post links to neo-Nazi websites to be smart, do we?

Burnabonian
Member
Burnabonian

If I post a screenshot of bidding $1000 for one share of AAPL, and the price my order actually gets filled at, what do I win?

I will place the order now and we will have our answer tomorrow. (The markets are closed FYI.)

Abdul Lahazi
Guest
Abdul Lahazi

you win nothing because you won’t do it.

MarKoz
Member

Thanks for posting this Admin. I have been coming to this blog for many years and noted a real decline in the quality of the discourse over time. I still come here, but zip past all the comments looking for people who have posted links.

Just me
Guest
Just me

China Escalates Crackdown on Cryptocurrency Trading

https://www.bloomberg.com/news/articles/2018-01-15/china-is-said-to-escalate-crackdown-on-cryptocurrency-trading

China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter.

While authorities banned cryptocurrency exchanges last year, they’ve recently noted an uptick in activity on alternative venues. The government plans to block domestic access to homegrown and offshore platforms that enable centralized trading, the people said, without being more specific about how policy makers define such platforms.

ostritch
Member
ostritch

So a reader named Vince posted this on Garth’s blog. Could he be right?

I spoke with a CIBC mortgage advisor. Showed me a page on how to maximize my buying power by synthetically creating a 25 year mortgage to beat the stress test. Step one: qualify at 35 year amortization, step 2: set up an automatic payment plan to enhance principal payments to make the 35 year amortization equal the 25 year. Step 3: accelerate cash availability with an additional HELOC product that gives immediate access to any principal paid on the home. You can’t make this stuff up. The stress test is bogus.

YVR
Guest
YVR

35 year amortizations are already used to get people to qualify. This is nothing new. Anything over 25 years comes at a higher rate. Plus banks may not even do this for qualification purposes anymore because OFSI said they will be monitoring this.

Today, no less than 63 per cent of new low-ratio mortgages by value, have amortizations over 25 years. That’s a surge of 11 percentage points in just two years.

https://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/chasing-down-a-new-trend-in-mortgage-repayment/article37145762/

YVR
Guest
YVR

“While OSFI has not included specific references to a qualification amortization rate in its final guideline, we will be monitoring FRFIs’ (federally regulated financial institutions’) practices as the guideline is implemented,” said the official, referring to the measures known as B-20. Vince Gaetano, a principal at Monster Mortgage, said lenders will have to change their policy and procedures to take advantage of the 35-year amortization. “It will be interesting to see if lenders do this,” said Gaetano. “I wonder if they do that it might attract OSFI to audit them.

http://business.financialpost.com/real-estate/mortgage-industry-sees-amortization-loophole-in-osfis-new-stress-test-rules#comments-area

Just me
Guest
Just me

At this point it is hard to rule out cheating. This is madness.
This is exactly why governments need to step in and make RE an unattractive investment. Anything short of that will perpetuate and amplify the problem.

history
Guest
history

Authorities are making it easier to park overnight in your vehicle.

Best place on meth
Member
Best place on meth

U.S. Warned Jared Kushner About Wendi Deng Murdoch
Officials said the businesswoman could be trying to further Beijing’s interests, people familiar with the matter say

https://www.wsj.com/articles/u-s-warned-jared-kushner-about-wendi-deng-murdoch-1516052072

“U.S. counterintelligence officials in early 2017 warned Jared Kushner, President Donald Trump’s son-in-law and senior adviser, that Wendi Deng Murdoch, a prominent Chinese-American businesswoman, could be using her close friendship with Mr. Kushner and his wife, Ivanka Trump, to further the interests of the Chinese government, according to people familiar with the matter.”

So many national security risks with these vermin running about, there needs to be a solution.

patriotz
Member

Trivia: Wendi’s real given name is “Weng Gi”, which means “Cultural Revolution”.

UBC in crisis mode
Guest
sign the petition by Raymond Wong: https://www.change.org/p/carole-james-proposed-housing-measures-to-the-provincial-government-of-b-c?recruiter=299062209&utm_source=share_petition&utm_medium=twitter&utm_campaign=share_twitter_responsive We demand that the Finance Minister and the BCNDP government to include these housing measures: 2% Speculation Tax (BCHAF – BC Housing Affordability Fund); Set up a Special Task force in Real Estate for 1) Money Laundering, 2) Speculation, 3) Tax Evasion/Avoidance, 4) Fraud and 5) Unethical practices by realtors; Work with Canada Revenue Agency (CRA) to tackle tax evasion/money laundering and ensure individuals declare their worldwide income; Cancel First Time Buyer’s Program; Ban Developers and Realtors from marketing homes overseas; Close Blind Trust Loophole; Impose Foreign Buyer’s Tax on all pre-sales; Restriction on Airbnb and expand empty homes tax throughout Metro Vancouver; Require potential buyers to register with the government and declare all sources of income; End ALR farmland speculation and eliminate mega mansions; Transparency of all sales of homes; ENFORCEMENT (fines,… Read more »
UBC in crisis mode
Guest

100 more people signed the petition overnight.

REASON FOR SIGNING by One poster:
Myself and at least 7 others I know have been ‘sale-ovicted’ in 2017. We are all hard-working, tax-paying and community involved folks. We are all now paying too much just to survive while there are empty houses, condos everywhere. Or people think that their increase in value on their property is hard-earned—it’s not. I get that I should have bought years ago but I have precarious contact work. I saved diligently but not enough. Don’t get me started on the homeless, the money laundering and the greedy real estate cartel.

Strata Hacker
Guest
Strata Hacker

How can this be? Garth said renting is awesome.

Abdul Lahazi
Guest
Abdul Lahazi

Or: renting and investing with Garth is awesome. LOL.

Raincity
Member
Raincity

Signed!

YVR
Guest
YVR

Pretty sad we have to sign a petition asking the government to implement what they already promised.

Best place on meth
Member
Best place on meth

You scream at the NDP randomly and pointlessly 20 times a day on a blog, but signing a petition to get them to act gives you pause?

Sign the fucking thing!

Bear Vancouverite
Member
Bear Vancouverite

You should sign the petition, in fact, common decency compels you to do so.

1) It’s a petition demanding changes to things I’ve seen you complain about for years.
2) You’re confident they won’t do a thing anyway so it can’t hurt and you can continue to complain
about the NDP when they ignore your petition.
3) I assume you care more about deterring speculation and the harm it does to hard working Vancouverites than you do about being proven right about the hated NDP.
4) Governments need to hear from those who are most skeptical or the most supportive, so they know that people will hold them accountable.
5) You love telling us how you hate the NDP and how they don’t do a thing, now sign something to tell the rest of the world and to tell the NDP.

YVR
Guest
YVR

Actually it is my petition. I just created it to get your name and email address.

history
Guest
history
Lost....but not leased
Guest
Lost....but not leased

IMHO…..

…if the consensus is that the electorate wants to maintain the status- quo,……………far be it that we should question destiny during happy hour at the abyss.

aka why should any and all VCI posters give a shite….seriously…

paulb
Member

New
257
Price Change
20
Sold
88
TI:7012

Readers, if you ever want info on sales or listing activity in your hood or area of interest shoot me an email. I send many users weekly updates each Friday to help keep them in the loop. No question to big or small. pboenisch@sothebysrealty.ca http://www.clivestevepaul.com

Specuskeptic
Member

7K Party!!! Wooot! …. Just a few more listings to go… about 10K more… soon. Hoping to get there.

southseacompany
Member
southseacompany

“One third of Canadians can’t pay monthly bills as interest rates set to rise, survey suggests”, Globe & Mail

https://www.theglobeandmail.com/report-on-business/one-third-of-canadians-cant-pay-monthly-bills-as-interest-rates-set-to-rise-survey-suggests/article37608390/

“Four-in-10 respondents say they fear financial trouble if interest rates rise much further and one-in-three agree they’re concerned rising rates could move them toward bankruptcy”

squeak
Member
squeak
Oh dear. Then we need to start a national program teaching some folks how to figure out their personal finances, perhaps some basic math skill improvement. They should take this as a learning opportunity and be wiser the next time around. No bailing out. Just learn how to mind your dollars and cents, pronto. I dont expect the tax payers to bail me out if my stocks go down, why should they? Likewise, if people cannot afford their mortgages b/c they are too tight with their margins, well, then take a math course and accept you cannot afford it and deal with it. It is not up to the tax payer to bail them out. Meanwhile , it sure would be nice if the governments in the Canada dealt with all the corruption r/t laundering/housing as this place is falling… Read more »
southseacompany
Member
southseacompany

“Staggering share of Canadians fear bankruptcy if interest rates rise much more”, Global News

https://globalnews.ca/news/3962467/credit-card-debt-savings-canadians/

“Over 30 per cent of Canadians say they’re concerned that rising interest rates could push them close to bankruptcy, according to a nationwide survey conducted by Ipsos on behalf of MNP”

Abdul Lahazi
Guest
Abdul Lahazi

Where is Combat Roach gone?

Laibach
Member
Laibach

Happy Holidays and thanks for asking. I am around “alive and kicking”, while bracing for some progress to be eventually made in eliminating, or at least reducing locust’s devastating impact on the local life and living. Like a rainbow after the rain, there’s always a good thing after the pain…

Abdul Lahazi
Guest
Abdul Lahazi

Great! Glad to know you’re still around.

Best place on meth
Member
Best place on meth

Laibach.

Ask for him by name.