The architect and the economics professor

Bear Vancouverite pointed out this debate on CKNW:

I wanted to share this with you guys: a debate between Tom Davidoff and architect Michael Geller. Davidoff is a UBC economics professor in the Sauder School of Business which some here have (wrongly) accused of being in the RE Industry’s pocket. In this debate Davidoff’s position is that:

1) The rich who own huge homes are being subsidized by the rest of us
2) We should get rid of the Home Owner’s Grant (Michael Geller brings this up too)
3) We should encourage more density in super low density areas like Point Grey
4) We should not gentrify low income areas to increase density if we can increase density in wealthy areas
5) We need to curb demand using tax policy ( Speculator’s Tax)
6) Housing needs to be in line with local incomes

I’ve seen other interviews with Davidoff in the past and I believe he considers our housing overpriced, manipulated by wealth and speculation, and would like to see prices more in line with local incomes.

The one aspect that he believes that I think have offended some people here is he believes “everyone wants to live here”.

https://omny.fm/shows/steele-drex/on-vancouver-housing-geller-v-davidoff-heavyweight

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history
Guest
history

https://www.outsideonline.com/2138841/how-live-out-your-car

“[Homeownership] takes away the greatest joy in life—serendipity—and replaces it with monotony.”

paulb
Member

New
206
Price Change
47
Sold
79
TI:7345
http://www.clivestevepaul.com

Oracle
Guest
Oracle

It’s official.

Selina Robinson (Housing Minister) has said it. The budget coming in a few weeks will not fix housing. There is “NO magic bullet”.

Put pressure on Greens to hold these guys accountable SOON. Call confidence vote on housing!!??

Otherwise Game OVeR!

Hedge yourselves: this spring could see FOMO to the extreme.

Just me
Guest
Just me

Source? Link? Anything?

Best place on meth
Member
Best place on meth

Nothing, as usual.

Just lies.

Oracle
Guest
Oracle

NDP Budget in a few weeks. We’ll talk that day. Let’s see what your saviours do.

Oracle
Guest
Oracle

Good grief. Just google it. And does a link make it legitimate???

Use critical thinking skills for a change.

history
Guest
history

(code)
“Budget wont fix housing”

(encryption)
The Moon is in its Joy in the Third House, occupied by the Ram

Boombust
Guest
Boombust

Some of you numbskulls here on this site can’t get it through some of those thick heads of yours that this RE boom is now going kaput. Major “housing initiatives” on the part of the NDP are no longer necessary. Got that? If not, the NDP sure has it figured out.

Confucius
Guest
Confucius

It will take an absolute shit kicking to wipe that smug look off of their faces and an absolute shit kicking is what they’ll get.

bestplaceonearth
Guest
bestplaceonearth

year, been waiting for the “kaput” for 14 years now. Getting old.

Boombust
Guest
Boombust

Don’t be so stupid. It began correcting in 2008 and then it was goosed big time. That’s why this one will be twice as bad. We never took the medicine when we should have. Do a little research on the subject, Dummy.

Strata Hacker
Guest
Strata Hacker

Sure keep doing ‘research ‘ from your mom’s basement loser. One of these days you may or may not notice reality passed you by.

Boombust
Guest
Boombust

Do any of you think the NDP wants to take the rap for popping this bubble when it is clearly popping on its own? Don’t be so dumb.

Iknow more than you do
Guest
Iknow more than you do

Of course they wont do much, it will collapse on its own , already well underway. Go mow your lawn and do something useful

bullwhip29
Guest
bullwhip29

Judge orders sale of Vancouver home fraudulently transferred to family of owner
http://vancouversun.com/news/local-news/judge-orders-sale-of-vancouver-home-fraudulently-transferred-to-family-of-owner

Rabbit One
Guest
Rabbit One

http://www.courts.gov.bc.ca/supreme_court/recent_Judgments.aspx

I am checking this site daily, too as Vancouver Sun ‘s journalist.
No shortage of Chinese names family dispute and real estate & of course fraud.

Just me
Guest
Just me

They are clogging our court system to settle disputes that are often based in China. Taxpayers are paying for the massive legal processing costs.

The good news is that our judges are starting to force sales of their properties. Slowly this is undermining the mainland Chinese faith in housing as a risk-free way to store their wealth.

bullwhip29
Guest
bullwhip29

Vancouver police catch driver going 142 km/h and post the whole thing on Twitter
https://globalnews.ca/news/3983340/vancouver-police-catch-driver-going-142-km-h-and-post-it-on-twitter/

bullwhip29
Guest
bullwhip29
Just me
Guest
Just me

Does this mean that WeChatPay (the virtual money) will become yet another way to circumvent capital controls?

avgjoevancity
Guest
avgjoevancity

wonder does the bc government know that wechat is used by alot of asian escorts….should do some due diligence before signing things

bullwhip29
Guest
bullwhip29

A new study is calling the B.C. capital the second-most unaffordable housing market in Canada, behind only Vancouver
https://vancouverisland.ctvnews.ca/victoria-ranked-canada-s-second-least-affordable-housing-market-1.3772939

Just me
Guest
Just me

BC is China’s favorite laundromat. And we keep accepting money of dubious origin. As Christy Clark used to say, it is good for the economy. Right?

Boombust
Guest
Boombust

Nonsense. Who told you that?

Best place on meth
Member
Best place on meth

In case anyone is thinking of voting for the liberals next time just remember, they all work for china and encourage all scammers and fraudsters from that shithole to come and rape BC.

https://thinkpol.ca/2018/01/23/visions-bc-liberal-future-display-tonights-debate/

Diane Watt sounds like a fucking retard, a complete clone of Krusty.

She loves to hear herself talk and starts every sentence with “You know what?”, like she’s 3 years old.

Sam Sullivan should be rolled over a cliff.

What a shitshow that debate was.

~shudder~

Yikes
Guest
Yikes

If I could vote without logging in (thanks for ruining it Mohican) I’d give you +1

Just me
Guest
Just me

They could not come up with one credible candidate. Not a single one who could represent the interests of normal British Columbia’s, who struggle to keep up with the inflow of millionaires from mainland China and their associated housing costs.
The BC Libs deserve to disappear. They are about politics, not policies. And still dishonest to the core.

bestplaceonearth
Guest
bestplaceonearth

Why didn’t you run? You keep criticizing them, you must be better than they are. Come on, talking is cheap.

YVR
Guest
YVR

“a complete clone of Krusty.”

Wouldn’t that be Horgan? After all he has adopted pretty much every policy of Christy Clark. Housing same, Site C same, first time buyers program same, LNG same, China same, money laundering same, protecting home owners hard earned equity same. Oh wait he did get rid of the bridge tolls instead of just cutting them in half like CC promised.

Just me
Guest
Just me

Party financing rules and donations. Not the same.
Money laundering through casinos. Not the same.
Rental loopholes. Not the same.
As for the other things you mention, I would wait until February. If they screw up on housing , they will pay a huge price and I will be the first one to criticize them. But they haven’t screwed up yet.

Oracle
Guest
Oracle

Well you’re the last few on the NDP boat. The life rafts are full as soon as the populace saw the betrayal. Too bad you still haven’t seen what’s going on.

Doomcouver
Guest
Doomcouver

The NDP must realize that inaction on policies they campaigned on will inevitably ensure they’re a 1-term government. The four seats that were big upsets for the Liberals last election were Vancouver-Fraserview, Surrey-Fleetwood, Surrey-Guildford, and North Vancouver-Lonsdale. All these areas that have seen explosive expansion of their house prices, and it stands to reason the locals there voted NDP expressly to put a stop to the housing crisis. If the crisis continues, expect these ridings and more to either flip back to the Liberals, or to the Greens. So Horgan can try and keep the bubble inflated so they don’t get the blame, but doing so would mean a certain end to their tenuous grip on power.

patriotz
Member

” it stands to reason the locals there voted NDP expressly to put a stop to the housing crisis.”

It wasn’t just about housing. Bridge tolls were a huge issue in Surrey. Also, the Liberals lost a great deal of support among the Sikh community, where just about everyone is related to a taxi driver who hates Uber.

Just me
Guest
Just me

Patriots, you are deluding yourself if you think that the NDP can act as the BC Libs 2.0 over the next few years on the housing file.
If they decide to go that way, they will be wiped out at election time in Vancouver (and they will still lose in the interior).

Their grip on power depends on whether they can please Vancouver electorate on house prices. And that means they have to introduce policies that reduce home prices. It is a one way street for them. Like it or not.

patriotz
Member

“Patriots, you are deluding yourself if you think that the NDP can act as the BC Libs 2.0 over the next few years on the housing file.”

Where on earth did you get that idea? I reiterated just a couple of threads ago that I expect them to deliver on their platform commitments in the Feb budget and I will call them out if they don’t.

Just me
Guest
Just me

Define what you call their housing platform.

Oracle
Guest
Oracle

You are such a moron. You think all Indians Love taxis?? Most want ridesharing you stereotyping racist.

Strata Hacker
Guest
Strata Hacker

Tons of Sikh developers too. Patriots is always full of $hit. He lives in Ottawa. Never been to Surrey.

patriotz
Member

“Never been to Surrey”

I’ve had a beer at the Turf. How about you?

YVR
Guest
YVR

“Bridge tolls were a huge issue in Surrey.”

Yes they were. Lets see how all those voters feel about road pricing. Remember CC promised to cut the tolls in half so anything that cost voters more than that will be a big negative for the NDP.

“Also, the Liberals lost a great deal of support among the Sikh community, where just about everyone is related to a taxi driver who hates Uber.”

Lets see how those Sikh voters feel when the NDP finally bring in Uber. Both of the above will turn to negatives by next election. Add in no action on housing, plus a now viable Green party and you have NDP getting wiped off the map next election.

YVR
Guest
YVR

Money laundering in casinos has not stopped. The Liberals studied it just like the NDP. But you did forget to mention Horgan does not wear a skirt so that is a major difference.

patriotz
Member

“After all he has adopted pretty much every policy of Christy Clark”

That’s pretty funny, given Christy adopted so many NDP positions in her desperate “Clone Speech”.

YVR
Guest
YVR

You re right. The Liberals would have likely delivered on more of the NDP campaign promises than the NDP.

Just me
Guest
Just me

The only thing the BC Liberals have delivered, based on facts, is an unaffordable housing market, a political donation system corrupt and out-of-control, and most importantly a continuous, unchecked and untaxed inflow of money from mainland China.
Based on what I have seen in the BC Libs’ debate, that is still the case. The BC Libs have no intention of fixing the housing market because they don’t think it is broken.

The key reason the NDP got voted in is that they promised to fix the broken housing market. They better deliver on that if they want to keep power. Otherwise, the green party will steal many seats both in the Lower Mainland and in the South Island.

YVR
Guest
YVR

“The BC Libs have no intention of fixing the housing market because they don’t think it is broken.”

The NDP have stated it is broken but have done nothing and have no intention of fixing it. Which is worse?

Oracle
Guest
Oracle

When you gonna get it?

Behind the scenes, the same people run the NDP and Libs. Only giving the naive populace an illusion of choice.

Don’t believe me? Watch how the NDP sabotage the referendum. Start writing a book.

specuskeptic
Member

So much shit thrown around and yet, miraculously, not a single bit of it sticks. Your posts are a joke. Nobody believes you. How is Honolulu? Did you take the shinkansen there from Tokyo? Rent a car?

Oracle
Guest
Oracle

Taking any Anger management courses yet?

Might need to direct it at NDP in a few weeks after the budget.

Best place on meth
Member
Best place on meth

If only you could wait for the budget, instead of telling us 10 times a day how awful it’s going to be.

You were leaving the blog, right liar?

bestplaceonearth
Guest
bestplaceonearth

You just keep calling other people retard. Have you taken a close look at yourself? Borrow a mirror from your mama basement and tell what you see.

Doomcouver
Guest
Doomcouver
Whether or not you think he’s personally in the “back pocket” of the real estate industry is irrelevant. Davidoff isn’t able to be truly objective. He works for the Sauder School of Business, and they have extremely strong ties to the real estate industry. Students are paying Davidoff to educate them to go on to careers in real estate. He’s teaching “Real Estate Finance”, and “Real Estate Investment Analysis”. Do you think in his investment analysis course he’s teaching his students that they’re complete idiots to buy housing in Vancouver? Heck no. Even if he wanted to, he can’t crap on the industry that is putting food on his table. He’s forced to sell the narrative that Vancouver real estate will always be valuable, and that there is no bubble. Despite the fact his recommendations might help to ease affordability,… Read more »
patriotz
Member

“Do you think in his investment analysis course he’s teaching his students that they’re complete idiots to buy housing in Vancouver?”

Well yes actually. These courses teach the metrics used for commercial RE investing, which would exclude any house or condo in Vancouver at current prices.

Dave
Member

Davidoff is legit. He’s not saying one thing in public and another behind closed doors.

Trust me on this.

He is an ally to those that want to have a reasonable housing situation in this City.

YVR
Guest
YVR

Agreed. Everything I have heard from Davidoff make sense. He is no shill.

Doomcouver
Guest
Doomcouver

I think everyone is shilling something. Though Davidoff is a very smart man, and he knows his stuff, he walks on eggshells when talking about the housing bubble. People on this blog, myself included, take a much harder line when discussing a correction. That’s probably why some people don’t like him. He’s also got a real bias towards densification as the solution to all our problems.

history
Guest
history

Davidoff could be phishing for people here to do his job. Snivellers and Academics are gnown to do this. Lets examine the most important line in your comment

“(Davidoff) can’t crap on the industry that is putting food on his table.”

Commercial RE and Residential RE have this in common: A roof for you to get out of the rain while you eat. Some even have washrooms and kutchens.

Boombust
Guest
Boombust

Same goes for those hack reporters at Postmedia (Vancouver Sun) who will write all sorts of junk to keep the RE advertisers happy.

Just me
Guest
Just me

The Van Sun is surprisingly honest in its recent reporting of RE scams by mainland Chinese. Readership will certainly pick up, as people need honest reporting.
Kudos to them.

Boombust
Guest
Boombust

Nonsense. The Sun has been bought and sold by the RE industry. It has become a tabloid of the worst kind.

bullwhip29
Guest
bullwhip29

Perhaps. The real problem is that nothing is done to any of the people mentioned in any of these articles for the most part. The Julia Lau’s, Ethan Sun’s and various other colorful characters featured so prominently on the cover of this tabloid POS just vanish into thin air never to be seen or heard from again and the newspaper moves on to the next juicy story of the moment…

Boombust
Guest
Boombust

Very likely because the “allegations” by the Sun “journalists” against various so-called players aren’t up to any charges being laid let alone any conviictions. So, they write their articles based upon speculation and hearsay and hop e “some” of it sticks.

Just me
Guest
Just me

You mean that Julia Lau and Ethan Sun did nothing wrong? Wow. Go back and those files. Some are straight out of our courts and police departments.

Dave
Member

Credit to Sam Cooper who is writing for the Sun.

Aside from him, the media aren’t attracting the ‘best and brightest’ by any means. Your average reporter is of mediocre intelligence and initiative. They’re too lazy to figure out the real story and do actual research. We have a whole generation of people who go for the quick virtue signalling win, rather than finding actual truths. Real estate reporting is just one example of that.

At best, the media distorts and pushes an agenda by selectively reporting information or spinning it. As time goes on, more and more people are figuring this out which is why trust in the media continues to drop. And rightfully so.

Just me
Guest
Just me

Douglas Todd la brilliant. And He writes for the Sun.

Boombust
Guest
Boombust

Brilliant? Who sez? He writes slanted pieces along with all the others.

Just me
Guest
Just me

I think you need what slander means in the English language. Douglas Todd is a mild-mannered, honest commentator. Who does not shy away from pointing out some obvious facts that other commentators won’t touch with a pole out of fear or self-interest.
If only Vancouver had more serious and honest reporters like Mr Todd we would not be in the mess we are.
He is a breath of fresh air.

Fullfrontalabotomy
Member
Fullfrontalabotomy

Slander ≠ Slanted. Careful when criticising people’s English/reading skills 😉

Boombust
Guest
Boombust

Douglas Todd should stick to writing about religion; that is, after all, his forte.

Best place on meth
Member
Best place on meth

Sam Cooper, Douglas Todd, Kathy Tomlinson…..all a thousand time better than any of those lying scumbag “journalists” on CNN.

Oracle
Guest
Oracle

It’s super official now.

https://www.reddit.com/r/vancouver/comments/7sfurw/housing_minister_says_there_is_no_magic_bullet/

Reddit is exploding in disgust and acceptance that the NDP lied to them. Look at the comments. Wow.

Let’s bring these clowns down. They stand for high house prices AND high taxes.

Dave
Member
Can’ t say it wasn’t predictable. They NDP are scared to own the consequence of a correction. When I saw a bunch of Vision Vancouver types head to the NDP, I knew they were all on the money train. I think the NDP are grossly underestimating how big this issue is. They don’t realize it was the tipping point that won them the last election. And now they’re biting the hand that fed them. If they can’t get condo prices down by this time next year, they’re done. The voters have nowhere to turn. The Liberals created this mess and will double down on it. The Greens are run by a bunch of eco-loons. The last hope for the public is the Bank of Canada. Zero chance Poloz is going to do the right thing and pop the bubble. IMO…… Read more »
YVR
Guest
YVR
“If they can’t get condo prices down by this time next year, they’re done.” The NDP are screwed either way. Their time to act was 7 months ago. Condo prices are up at least 20% since then. If they act after the budget and start a correction we have to correct by over 16% just to get back to the price point we were at when the NDP were elected. Who is going to be happy with that? If they bring prices down another 15% (which is still a token especially with rates rising) we will be in recession for sure with bankruptcies. The NDP have made this a no win situation for themselves. The more they delay the worse it gets. On day one they should have taken action to at least stop prices from going up. Epic fail.
Doomcouver
Guest
Doomcouver

I think their only hope of re-election is popping the bubble, but not having it completely deflate before the next election. That way the homeowners aren’t completely pissed because their house maybe only went back to 2016 prices, and the renters/move-up buyers see the NDP as coming to the rescue of housing affordability. I agree that up or sideways movement in condo market prices will likely get the NDP booted from power. If that happens I’m personally voting Green and I’m sure a lot of other people will as well.

Just me
Guest
Just me

Homeowners who really want the bubble to go on are not going to vote for the NDP. period. They will vote BC Libs any day.
The only people who will vote for the NDP in Metro van are (1) renters; (2) homeowners who realize the current housing situation is bad for society at large and unsustainable for our kids.

The NDP has absolutely nothing to gain from keeping this shitshow going.

southseacompany
Member
Active Member
southseacompany

“Is Canada about to face a sharper housing correction than economists had predicted?”, BuzzBuzzNews

http://news.buzzbuzzhome.com/2018/01/canada-face-sharper-housing-correction-economists-predicted.html

“By now it’s common knowledge that most economists are predicting a slower year for the Canadian housing market in 2018. But will things cool down more dramatically than they had initially thought? One Quebec-based credit union thinks so.”

Doomcouver
Guest
Doomcouver

It all hinges on whether or not the new OSFI rules and BoC rate hikes are the final nail in the coffin on our housing bubble or not. If it weathers this recent attack then it’s anyone’s best guess when the correction is happening.

southseacompany
Member
Active Member
southseacompany

“The Last Time Canadian Interest Rates Rose This Much, The Economy Tanked”, Huffington Post

http://www.huffingtonpost.ca/2018/01/24/the-last-time-canadian-interest-rates-rose-this-much-the-economy-tanked_a_23342256/

“The Bank of Canada’s interest rate hikes in recent months may look like baby steps, but because Canadians have taken on so much debt, those baby steps are amounting to the most radical increase in borrowing costs that the country has seen in decades.”

“That’s according to a new analysis from Macquarie Capital Markets Canada, which estimates that if the bank raises rates one more time, which is likely to happen in the coming months, the impact will be about 65 to 80 per cent as large as what happened when it raised rates back in 1987-1990.”

southseacompany
Member
Active Member
southseacompany

“Why young people who can afford it are choosing not to buy homes in Calgary”, CBC

http://www.cbc.ca/news/canada/calgary/calgary-rent-vs-buy-road-ahead-1.4490332

“Rent is cheap, interest rates are rising and some see better investments with less risk”

Best place on meth
Member
Best place on meth

Plus, they spend all their money on tattoos, beard trims, Tide pods and coffee.

So….no down payment.

Road Warrior
Guest
Road Warrior

You forgot avocado toast in your list

bullwhip29
Guest
bullwhip29

The City of Burnaby’s billion-dollar investment fund saw “great growth” last year, earning another $223 million in 2017. According to Noreen Kassam, the city’s director of finance, the increase is largely due to the construction boom in Burnaby, specifically the density bonus money the city has received from developers.
http://www.burnabynow.com/news/billion-dollar-fund-growing-in-burnaby-1.23153338

Yikes
Guest
Yikes

yet Burnaby raises property taxes 4% a year while allowing renters to be kicked out of their suites to replace with condos for offshore speculators.

YVR
Guest
YVR

Derek Corrigan and Burnaby council is run by the NDP-affiliated Burnaby Citizens Association. Expect similar province wide.

Murray Martin, a member of ACORN Burnaby, a housing advocacy group, said he’s also a member of the BCA and suggested council and Mayor Derek Corrigan are only interested in representing developers, unions and property owners.

http://www.burnabynow.com/news/has-the-burnaby-citizens-association-lost-its-way-1.2261792

Yikes
Guest
Yikes
YVR
Guest
YVR

If it was incompetent to not do it 3 years ago what would you call not doing it today? Lots of grandstanding and finger pointing by the NDP but no action in 7 months.

Best place on meth
Member
Best place on meth

Todd Stone, now this worthless cunt is running for the leadership alongside the other 5 worthless cunts.

The liberal party has nothing but corrupt, empty shells of former human beings left in it.

YVR
Guest
YVR

Sounds like you are describing Eby.

Best place on meth
Member
Best place on meth

I can’t believe I didn’t notice earlier, but you’re a psycho.

YVR
Guest
YVR

Relax. No need to freak out. I heard Eby is going to come out of hiding once Horgan gets back from China.

Best place on meth
Member
Best place on meth

Wow….accusing Eby of doing nothing.

What the fuck do you do in life?

Whister or Bust?
Guest
Whister or Bust?

No one is accusing him of doing nothing.

He’s very good at talking and making promises AND then doing nothing.

Eby has broken every promise he made. 2% tax anybody?, etc

YVR
Guest
YVR

HOUSING MINISTER SAYS THERE IS NO MAGIC BULLET FOR THE HOUSING CRISIS

Selina Robinson says there is no magic bullet to solve B.C.’s housing crisis least of all banning foreign buyers… in Budget 2018 we are certainly going to be taking a look at all of those issues. Making sure that housing is really for homes for people who live, work, and play here in our province.”

They will “look” at in the budget. Look at it? More studies? Now it is people who “live, work, and play” here in our province. Play? That is a new one. Used to be live and work. Now it is play. More backtracking. Does gambling at a casino count as play? How about driving a Lambo with an N sticker on it? Sounds like a free pass to HAM to me.
http://www.radionl.com/2018/01/22/housing-minister-says-there-is-no-magic-bullet-for-the-housing-crisis/

Laibach
Member
Laibach

You are right, “Play here in our province”, an amazing one. What a pile of garbage told by someone who is nothing less but the minister, an elected minister, a publicly accountable figure? Then one justifiably wonder what kind of organization/party would bring such clowns up to represent them? Sounds like we steadily continue to be immensely screwed as citizens and society, regardless of who is in power in this travesty of a province called BC.

Hyper-mega-Bull
Member
Hyper-mega-Bull

the entire shaughnessy neighbourhood was designated a heritage area. and all the people who bitch about housing, want more density, etc are happy about that.

shaughnessy is more central than point grey. it’s very close to a skytrain line, major hospital, downtown. but it is now untouchable.

no one wants those crappy old houses anyway. i have no idea why COCs keep shooting themselves in the foot, but this city is the way it is for a reason. voters (COCs) are just too damn stupid 😀

YVR
Guest
YVR

“shaughnessy is more central than point grey”

So what. it is not about being central. East Van is more central. Point Grey is on the water, borders large parks, has extra large lots and many worthless vacant and underutilized houses. At some point the skytrain will go to UBC through Point Grey. I say bulldoze the whole place. Nobody would notice.

xhistory
Guest
xhistory

… and put up a parking lot?

Hyper-mega-Bull
Member
Hyper-mega-Bull

neither east van nor point grey have been designated untouchable. shaughnessy has. you seem to be ignoring this fact.

and you are someone who is calling for more density. literally bulldozing neighbourhoods for it.

but you ignore a large neighbourhood near malls, skytrain, hospital downtown that has been deemed untouchable. this is exactly what i’m talking about.

Hyper-mega-Bull
Member
Hyper-mega-Bull

basically, i’m saying you’re just too damn stupid 😀

YVR
Guest
YVR

The other 95% of Vancouver is not untouchable and there are much better areas to develop. Lets focus on the 95% before we worry about the last 5%. Are you too stupid to understand that?

Hyper-mega-Bull
Member
Hyper-mega-Bull

if you cared about density why would you support removing a neighbourhood from the density conversation?

Best place on meth
Member
Best place on meth

Shaughnessy should be bulldozed while all the locusts are asleep.

Assuming any of them are actually living in the houses.

YVR
Guest
YVR

But that is where the housing for people who “play” in our province are located. That is where the homes of the “newcomers who strengthen our province” are located. Have you not been listening to Selina and Carol? At least we know the coming NDP budget will protect these wonderful people.

Best place on meth
Member
Best place on meth

Never miss an opportunity to change the subject to your hatred of the NDP!

Not…partisan….AT ALL!

YVR
Guest
YVR

From the most partisan racist person on this blog. Just quoting the NDP who don’t seem to share your values. Are you too dumb to figure it out?

Best place on meth
Member
Best place on meth

I hate political parties.

Now go look up what partisan means and then slowly think this through, psycho.

YVR
Guest
YVR

Hilarious. Call the guy a racist and a partisan and he only denies being a partisan.

BubbleTea
Guest
BubbleTea

How to fix Canada’s ‘Ghost Immigrant’ fraud problem
Canadian policy makes it easy for unscrupulous wealthy foreigners to dodge their taxes. The solution is surprisingly simple.
http://www.macleans.ca/opinion/how-to-fix-canadas-ghost-immigrant-fraud-problem/

xhistory
Guest
xhistory

After reading that, I feel a post on Moral Hazard coming on.

Just me
Guest
Just me

This is a truly great article. So many good points and simple facts.
CRA are you listening?

BubbleTea
Guest
BubbleTea

CRA is too busy harassing min wage waitresses about tips, it the non-racist thing to do.

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

Shite..

Next they may be tackling No.5 Orange pole dancers….
= .is nothing sacred??????

Yikes
Guest
Yikes

CRA needs to pull up their socks and get to work dealing with these tax cheating immigrant scum who use Canada as a doormat of convenience. All honest taxpaying real Canadians are getting screwed over by these cheaters. We see article after article about this and nothing ever changes.

xhistory
Guest
xhistory

We are seeing the flipside to last centuries arrogance, in the form of vengeance. I cant see a more basic explanation… the robber barons today wear thonges and do every manner of yellow collar cheating.

Doomcouver
Guest
Doomcouver

We need more of this to happen:
http://www.nsnews.com/news/cra-targets-rich-neighbourhoods-1.23134772

If you declare less income than you pay in property tax you should be triggered for an automatic CRA audit.

Best place on meth
Member
Best place on meth

“In certain neighbourhoods – like Chartwell and Ambleside – the percentage of “low income” families was between 25 and 33 per cent of all households.”

I recall some asshole here on this blog nicknamed after an auto-immune disease tried to justify this by claiming that West Van’s poverty rates were due to the native reserve at the foot of the Lions Gate bridge.

But Chartwell is way up the hill in the British Properties.

Locusts have been invading that area for many years, they might even be a majority now.

YVR
Guest
YVR

But I thought these newcomers strengthen our province. Houses are for people who want to come to our province to play. Did you expect them to pay income taxes to play?

Best place on meth
Member
Best place on meth

Do your diapers have a BC Liberal logo on them?

YVR
Guest
YVR

I don’t wear diapers. Not many adults wear them. Just whiny little man childs like you.

Best place on meth
Member
Best place on meth

Aaaaand…..we’ve hit bottom.

I’m done. No point anymore.

WHERE EBY!?? WHERE HE!?

~drool~

Laibach
Member
Laibach

Ironically, what if all those honest taxpaying real Canadians (because they are being robbed and screwed) take justice into their hands because the state doesn’t want to and deal with all these tax cheating immigrant scum who use Canada as a doormat of convenience? I bet the state would be quick and efficient in using all available legislation and power to deal with that problem in the expected way.

Best place on meth
Member
Best place on meth

“The immediate impact of these combined efforts would mean that current (and future) immigrants will be forced to make a clear choice. If they wish to maintain their permanent residence status or qualify for citizenship, they will need to declare themselves Canadian tax residents and pay full Canadian tax on their worldwide income. If they try to under-report the amount of their worldwide income, then their case will immediately be audited by CRA. If CRA finds they have engaged in tax evasion, they will suffer the double whammy of tax evasion and also being stripped of their immigration status or denied citizenship, because of fraud. All family members who engaged or assisted in this fraud would suffer a similar fate.”

Imagine how many fewer locust there would be in our country if this advice had been followed by our useless politicians.

YVR
Guest
YVR

What ever happened to Eby?

Best place on meth
Member
Best place on meth

Does anyone here speak partisan retard?

It’s a special dialect of retard that few people know.

Aw fuck, never mind.

YVR
Guest
YVR

Time to cry yourself to sleep. Night night man child.

Just me
Guest
Just me

Have you had a stroke so that your brain is no longer able to,process and retain information. If so, I suggest you google Eby and see how he did in 6 months what the B.C. Libs refused to do in 16 years. Starting from the reform of donations and financing of parties. Major constitutional change (for the better).

YVR
Guest
YVR

Eby is a lying joke. Even the donation reform was a lie. It was not supposed to be financed with tax payer dollars. That’s all they guy can do in 7 months?

bullwhip29
Guest
bullwhip29

ummm, he is dealing with a little money laundering issue that seems to have caught even the most critical off guard in terms of size and scope. folks, many billions if not tens of billions in sketchy funds have washed up onto our shores in recent years and trying to get a handle on who has done what and when will be next to impossible. imho, this is the root of the housing problem and those that claim he is doing nothing about housing fail to see this.

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

Hey…..sorry for the absence….will try to limit the delay of my globally respected opinions ….

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

Davidoff and Geller debate?

What a circle jerk…..
Tired of the media ad- nauseum anointing of the same handful of experts on any given topic. No credibility.

Geller admitted that he takes his seniors property tax deferral and places it in an higher interest account.

Time to clean house on these twits…

Oracle
Guest
Oracle

Weaver backs down on bringing NDP down on LNG. What a fake!

Hahaha. When will people realize they need a new people’s party. You guys are being played.

Oracle
Guest
Oracle

And what does everyone plan to do after the budget is a non event??

Me? I’m moving away. And making sure to minimize my taxes and vote for everything user pay. Otherwise I’ll be subsidizing the money launderers that want to play here.

Fuck that.

specuskeptic
Member

“I’m moving away.” You can’t even leave this blog (as promised). LOL. Are you moving to Honolulu? Other places in Japan?

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

Oracle..

2 different avatars..

please decipher

Bag it and tag it
Member
Bag it and tag it

How do you think he go those 2 upvotes?

Bag it and tag it
Member
Bag it and tag it

*got

paulb
Member

New
155
Price Change
32
Sold
146
TI:7311

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 Fridays to help keep them in the loop. No question to big or small. pboenisch@sothebysrealty.ca http://www.clivestevepaul.com

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

CRA are like sharks circling at the periphery…?!?
..may be a good strategy vs Godzilla stomp fest…

Crack down on the high percentage convictions..then the other “usual suspects” capitulate via limited amnesty

Repo
Guest
Repo

Car repos are hockey sticking, were told to anticipate hundreds over the next few months, we only did maybe 150 in 2017 . Broke is the new fad