Friday Free-for-all! March 23rd 2018

It’s the end of another work week and that means it’s time for another Friday Free-for-all! This is our regular end of the week news round up and open topic discussion thread for the weekend, here are a few recent links to kick off the chat:

NDP with 5 point lead
Fed rate hikes
Who will run for Mayor?
Not concerned about debt levels
3 in 4 houses sold below asking
AI replacing RE agents

So what are you seeing out there? Post your news links, thought and anecdotes in the comments below and have an excellent weekend!

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Name
Guest
Name

http://www.news1130.com/2018/03/26/finance-minister-housing-speculation-tax/

All in all these changes are mostly a non-issue. This is a classic negotiation tactic where you propose a very unpopular set of changes and then after ‘consultation’ you dial it back a notch to make everyone feel good like you’ve been listening to them. This is still far better than what we had under the BC Liberals which was nothing.

YVR
Guest
YVR

They didn’t propose anything. They put it in the budget. That is supposed to be final. Why did the NDP wait 8 months after getting elected for the budget if it was a consultation? The is the most embarrassing thing any BC government has ever done.

patriotz
Member

“They put it in the budget. That is supposed to be final.”

The budget simply announced that the spec tax would be introduced later in the year, without giving any details. Want to prove otherwise? Go ahead.

http://bcbudget.gov.bc.ca/2018/default.htm

Royce McC
Guest
Royce McC

Agreed. The affordability crisis here isn’t coming or going based on the price of land in Saltspring or smaller communities further up Vancouver Island. Or by places selling for under $400k.

I also like Eby’s interfacing with the feds. I hope he meets with some progress there. I’d also like to see him lobbying the feds for greater provisions for things like retinal scanning as a deterrent for passport fraud. But I have a suspicion that a guy who used to work with the BCCLA might not be too keen to bring up that one.

Oracle
Guest
Oracle

75% reduction in the tax???

Not tied to income taxes ???

Hello?

Strata Hacker
Guest
Strata Hacker

Typical gullible leftists

Royce McC
Guest
Royce McC

Yup. I’m just flagrantly left wing. That must be it. Solid effort. Feel free to now segue into your pro-life agenda. That was a great contribution too.

I don’t particularly like the NDP or Greens, but the other guys had a decade and a half to establish their credentials on this topic. I do think this province has a better shot of getting policies that address affordability under the current bunch. And I suspect that is still a common point of view in the voting public – including ex-Liberal supporters like me.

YMMV

YVR
Guest
YVR

The NDP could kick these guys straight in the balls and they would say thank you.

Bag it and tag it
Member
Bag it and tag it

Their press release still lacks details on how they plan to go after Satellite Families. Like if the family are PRs and the home is in the name of the housewife, and is therefore their primary residence, and the breadwinner is on a 10yr visa…anyone know how this tax will be applied in this scenario? It’s obvious to me how it would be applied if they owned a 2nd home left vacant, but not in the case of their primary residence.

patriotz
Member

“Like if the family are PRs and the home is in the name of the housewife, and is therefore their primary residence, and the breadwinner is on a 10yr visa…anyone know how this tax will be applied in this scenario? ”
Anyone with immediate family resident in Canada is considered resident for income tax purposes, regardless of visa status.

Foreign owners and satellite families — households with high worldwide income that pay little income tax in B.C. — will be captured by the tax and will not be eligible for a primary residence exemption

https://www2.gov.bc.ca/assets/gov/taxes/property-taxes/publications/is-2018-001-speculation-tax.pdf

Just me
Guest
Just me

From the official statement (note the explicit use of the satellite family connotation).

In 2018, the tax rate for all properties subject to the tax is 0.5% on the property value.
In 2019 and subsequent years, the tax rates will be as follows:
• 2% for foreign investors and satellite families;
• 1% for Canadian citizens and permanent residents who do not live in British
Columbia; and
• 0.5% for British Columbians who are Canadian citizens or permanent residents
(and not members of a satellite family).

Bag it and tag it
Member
Bag it and tag it

OK but they specifically referenced satellite families when mentioning that the lower .5% bracket, that is for BC residents, didn’t apply to BC residents when they are members of a satellite family.
“0.5% for British Columbians who are Canadian citizens or permanent residents (and not members of a satellite family).”
https://news.gov.bc.ca/releases/2018FIN0009-000501
It should be noted that they above is referencing vacant 2nd homes.
Let’s say we have a satellite family living in a primary residence worth $10mil and a declared worldwide income of $20K…how will the gov be able to collect on this?

YVR
Guest
YVR

The problem is they do not declare their worldwide income so pretty much every satellite family will be exempt. Either the NDP are stupid or they trying to exempt everyone.

Oracle
Guest
Oracle

Plan is BS.

Foreign students to be considered BC Residents. And are also exempt from foreign buyers tax. 40,000 new students come here each year.

Good luck even seeing prices stay stable.

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

NDP amendments to speculation tax…

So Dr Weaver and his Green Party sure picked a winner allying with NDP.

Green MLA Olsen riding included a lot of Gulf Islands which now appear to be exempt.

It should get interesting….

Oracle
Guest
Oracle

Properties under 400K exempt. Watch bidding wars now.

BC residents only to pay 0.5%. (Down from 2%)

Canadians residents 1% (Down from 2%)

Foreigners 2%.

Outside of tax system. Now an honour system.

Need to only be rented out 6 months per year. No way to track as you don’t have to declare rental income because outside tax system.

Wow.

Knew these prices of shit NDP were sellouts. All this does is light a fire on homes outside the core areas for speculators.

Bag it and tag it
Member
Bag it and tag it

“Outside of tax system. Now an honour system.”. More BS from Oracle

Oracle
Guest
Oracle

BS if you believ this will have any effect on house prices. Prices will go up now.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

I’m hearing they also completely fucked the new daycare “rebates”. Daycare providers aren’t at all happy that the government told the public they’d be paying a reduced rate before they’d discussed it with the daycare providers.

Amateurs.

Bag it and tag it
Member
Bag it and tag it

Yeah let’s vote the Libs back in as clearly they are professionals.

Oracle
Guest
Oracle

You have nothing to worry about. NDP done for another 16 years as their base won’t go out and vote.

Weaver done also as I’m voting NO in referendum. Let this Province go to shit.

Oracle
Guest
Oracle

What a fail. The whole program is now outside the income tax system.

Honour system. Most of Vancouver island out of zone. Free for all there now so prices catch up to Victoria. Same for gulf islands and east of Chilliwack.

patriotz
Member

B.C. government to provide more details on controversial speculation tax >

After weeks of speculation, details about B.C.’s controversial “speculation tax” will be revealed by the provincial government at 2:30 p.m. PT.

Oracle
Guest
Oracle

They’ve backtracked big time. Weaver says he’s happy with the changes.

Assholes.

Doomcouver
Member
Doomcouver

Wasn’t Weaver pushing for a MORE draconian approach? The only way to make Weaver happy is to be as ham-fisted as possible.

Doomcouver
Member
Doomcouver

I hope it’s not as gutless as the property speculators would like it to be.

Oracle
Guest
Oracle

Don’t know details but Weaver says he is “very happy” with the changes.

Oracle
Guest
Oracle

https://www.surreynowleader.com/news/serious-crash-closes-hwy-99-northbound-south-of-massey-tunnel/

Any bets if foreign drivers licence holder??

I never drive overseas as directions are reversed.

Premiums up

Shut It Down Already (original)
Guest
Shut It Down Already (original)

If you can’t drive on the left then you must be a pretty poor driver to begin with.

Doomcouver
Member
Doomcouver

Let’s not jump to conclusions, if it was the minivan maybe it was a Caucasian soccer mom that couldn’t pay her massive HELOC back and decided to end it all.

Oracle
Guest
Oracle

Drive in the opposite direction? Let’s get tealneven with the sarcasm.

Just me
Guest
Just me

Richmond set to consider more limits on farmland mansions

http://vancouversun.com/news/local-news/richmond-set-to-consider-more-limits-on-farmland-mansions

On Monday, Richmond city council will vote on whether to decrease the maximum house size allowed on ALR land from the current 10,763 square feet, set just last year, to as low as 5,382 square feet, following provincial guidelines. Also on the table are proposed limitations on the total space that can be used by a house, garage, pool, tennis courts, driveway and other residential accessories.

Just me
Guest
Just me

If course, most owners of farmland are against it.

They want to sell for millions to Chinese moneylaunderers.

Regulations will reduce land values.

See Saw
Guest
See Saw

Still on about “money-launderers” ?

Laibach
Member
Laibach

What do you mean “STILL”??? Fucks are loundering as we speak, it is their ultimate mission. On the other side, there are governments and legislation to reduced it and eventually prevent it what they were supposed to do a long time ago but miserably failed while catering to locust and other kinds of vermin.

Lost...but not Leased
Guest
Lost...but not Leased

Caught on news…That Ex RCMP Mr. German dude is recommending that cash sales of items such as automobiles be better regulated..ie it appears to be an entry level money- laundering mechanism

Just me
Guest
Just me

Owning farm land has perks: The land is assessed relatively cheaply compared to residential properties. Farm owners are allowed to build much larger homes than what is allowed on residential plots and are eligible for tax breaks, without any obligation to farm the land.”

Lost...but not Leased
Guest
Lost...but not Leased

WRONG…..Zero tax breaks (aka called Farm Status)unless actively farmed.

Disgruntled
Guest
Disgruntled

I know someone who knows someone who releases a million bees across their property once a year and claims the full land is being used to farm. They do this for the gigantic tax breaks on a huge recreational property. The entire property is considered a farm. I won’t name the municipality but yes it is Metro Vancouver.

Bag it and tag it
Member
Bag it and tag it

Farm status tax breaks should only apply to the land that is actually being farmed. The land which is not being used to farm as well as the value of the home should be taxed at normal rates…and if that doesn’t fly, then perhaps the first $500K in home value could be exempt.

KickThemOut
Member
KickThemOut

You do realize that govt often pays farmers not to farm their land as part of supply mgmt., and also land needs to fallow as part of best farming practices to recover, right?! Or do you just like shout out your idiocy everywhere, just in case anyone has any doubt about your intelligence or lack thereof.

Just me
Guest
Just me

” Once the mansions are built, the ‘for sale’ signs are usually not far behind at prices beyond the reach of a regular farmer, said Laura Gillanders of Richmond Farmwatch, which represents farm advocates and farmers.”

Just me
Guest
Just me

Doing so would help stop the trend of mega mansions driving up farm land prices and fuelling the loss to development of some of the best agricultural land in B.C., said longtime city councillor Harold Steves, one of the architects of the ALR.

“If you allow a house (on farm land) that is bigger than what is allowed on residential land, you are going to inflate the value of the farm,” said Steves. “Effectively, you are putting it on the market for people who want to build houses.”

myraandrews
Member
myraandrews

If a speculator made a profit from flipping a property the gain is taxed as income and not as a capital gain.

If you rented out the property and held on to it for a while any gain on the sale is taxed as a capital gain.

I recall back in the early 1980’s Revenue Canada started auditing real estate sales to look for quick resales.

If the CRA believes that you purchased the property with the intent of selling it for a profit, it will likely consider it as business income.

http://business.financialpost.com/personal-finance/mortgages-real-estate/flipping-houses-expect-to-face-100-tax-on-your-profits

http://madanca.com/articles/entry/taxes-on-flipping-canadian-real-estate-capital-gains-vs-business-income/

http://taxsolutionscanada.com/is-house-flipping-considered-capital-gains-or-business-income/

Polozi Scheme
Guest
Polozi Scheme

China, Canada and Hong Kong are among the economies most at risk of a banking crisis, according to early-warning indicators compiled by the Bank for International Settlements.

Canada — whose economy grew last year at the fastest pace since 2011 — was flagged thanks to its households’ maxed-out credit cards and high debt levels in the wider economy. Household borrowing is also seen as a risk factor for China and Hong Kong, according to the study.

https://www.bloomberg.com/news/articles/2018-03-11/china-at-risk-of-banking-crisis-in-bis-s-early-warning-signal?cmpid=socialflow-facebook-business&utm_content=business&utm_source=facebook&utm_medium=social&utm_campaign=socialflow-organic

Just me
Guest
Just me

Poloz and Wilkins have been inserting so much systemic risk into the economy that the reckoning will be brutal.
They claim they are being careful, but the opposite is true. They shpuld raise rates and keep them high enough to prevent households falling further into debt.

Oracle
Guest
Oracle

Reckoning?

They’ll just open the immigration floodgates even more. Presently at 340,000 not including record students and 10 yr visa people.

Highest in world.

Doomcouver
Member
Doomcouver

Let’s see how popular a destination Canada is for immigration after we start rounding up the money launderers and our real estate market implodes in on itself.

Doomcouver
Member
Doomcouver
It’s too late for rate hikes to save us now. We needed rate hikes 5+ years ago. Unfortunately central bankers were under the wrong impression that low rates would actually cause businesses to borrow and expand. Instead Canadian business sat on massive amounts of cash (probably preparing for the inevitable recession) and individual borrowers bellied up to the trough to pig out on way more debt than anyone can reasonably pay back. It’s an unintended consequence that was so painfully obvious, everyone should have seen it coming. Sadly most Canadians were too busy buying BMW’s, overpriced condos, and big screen TV’s (with the bank’s money) to notice. Now it’s too late, the bubble will implode with or without help from the central bank. Now we get to see what Canada’s largest credit bubble collapsing will look like. The multi-decade stagnation… Read more »
Oracle
Guest
Oracle

Hasn’t happened and probably won’t. Immigration will be upped to 500,000 and of those 100,000 will be filthy rich buyers of real estate.

Doomcouver
Member
Doomcouver

The Canadian government hasn’t even been able to hit their 300k target before. The last time Canada let in over 300k people in one year was in 1913. Like I’ve said Canada prioritizes immigrants they can extract the maximum amount of tax from. Unless they flip the script and start letting in random poor people, there’s only so high they can get the immigration numbers. A toxic credit environment in China means less wealthy immigrants from China as well. Canada only pretends to have an open door policy on immigration. The truth is they scrutinize more than many countries, and exploit the illusion of openness to bring in as many tax slaves as possible. Your sino-tsunami isn’t in the cards.

Oracle
Guest
Oracle
Best place on meth
Member
Best place on meth

How did Canada end up with such astronomical real estate prices when we have such shitty incomes?

http://www.nationmaster.com/country-info/stats/Cost-of-living/Average-monthly-disposable-salary/After-tax

xhistory
Guest
xhistory

Mortgage brokers from England, Alex. For £5

Specuskeptic
Member

I’ll take “Cheap money and speculation fever” for $400, Alex….

Doomcouver
Member
Doomcouver

Yes, I’d definitely blame the largest asset mania in Canada’s history for this distortion. Just imagine how crummy our incomes will be when the overheated real estate piece of our economy is gone.

backwardsevolution
Guest
backwardsevolution

Yep, cheap money courtesy of Greenspan, bailouts and QE courtesy of Bernanke, ditto for Yellen. Liquidity, leverage, a sea of debt.

See Saw
Guest
See Saw

Ditto that. I’ll meet you in the Lightning Round.

Specuskeptic
Member

Looks like “Londongrad” has a proportionately larger problem than the couv’, but the situations look comparable.

https://youtu.be/jQxxSqkViJs?t=1647

Just me
Guest
Just me

Good link. As one of the British journalists mentioned, the flow of money from these corrupt government officials is “highly corrosive”. Slowly but surely we are all starting to recognize this problem.

Of course, the many people who benefitted handsomely from the massive money laundering are up in arms. Many of them are mom-and-pop households hopping to cash in on the madness.

Oracle
Guest
Oracle

People that fight and yell the hardest win.

Pansies lose.

Lost...but not Leased
Guest
Lost...but not Leased

Anglo- American cabal is irrefutably THE greatest mass murderers in history…..

” ALL WARS ARE BANKERS WARS “

Lost...but not Leased
Guest
Lost...but not Leased

FYI..pretty clear this site has been infiltrated by Silver Medallists
…… buttressed by Bronze medallists
….trolling for dumbasses

Lost...but not Leased
Guest
Lost...but not Leased

BC NDP are done.

…….they are toast.
……..they are the Linda Lovelace of Canadian politics aka goin DOWN

Advise pro- NDP VCI posters to get a vaccine before its too late…..

See Saw
Guest
See Saw

And, you’re a major idiot.

Doomcouver
Member
Doomcouver

He’s Sergeant Major Idiot to you. At least call him by his full title…

Name
Guest
Name

Not likely any time soon. HA HA too bad so sad for you. Get used to the new game it’s not the same as the old game.

Lost...but not Leased
Guest
Lost...but not Leased

Thanks 4 UR support !
NDPee= bye bye

backwardsevolution
Guest
backwardsevolution

The ugly side of human nature – again.

Just me
Guest
Just me

This is the same guy who celebrates being the first poster in a thread…..

Lost...but not Leased
Guest
Lost...but not Leased

Thanks 4 UR support !
NDPee = bye bye

Name
Guest
Name

A knuckle dragging BC Liberal supporter who can’t spell. LOL.

Lost...but not Leased
Guest
Lost...but not Leased

Tut tut…..
Brother/sister SIDA has their right to free speech…….

PS please advise how far up NDP @ss you are prior to 9–11 call..anything past 30 cm is pro-rated…but get free GREEN MLA application form.,,,say Andy W referred you…dumbass.

Name
Guest
Name

You used “ass” twice in your post. Well done !!!

Just me
Guest
Just me

We live in a democracy (for now…) so you are free to give your vote to Wilkinson.

After he erases all taxation of Chinese money and gives a free pass to his developers’ friends, I want to see what you are going to write about.

Lost...but not Leased
Guest
Lost...but not Leased

Bwahaahhahahahahahhhahhah

We NEVER E-V-E-R lived in a democracy..as per the original intent…..
ask SIDA and/or SEE SAW

Specuskeptic
Member

He’ll still be writing about Agenda 21, chemtrails, the evils of fluoride, and how/why the moon landing was faked. So, I don’t want to see what he’ll be writing about….

Lost...but not Leased
Guest
Lost...but not Leased

Yes….we agree

..See Saw . J$st Me and their fellow clones should be encouraged to spew incomprehensible/subjective rhetoric….but after they submit carbon taxes/speculation fee et al….let err rip !

Specuskeptic
Member

The tinfoil hat’s on too tight tonight it appears (or maybe the NWO got him before the chemtrails and gluten could).

Lost...but not Leased
Guest
Lost...but not Leased

Thanks comrade….many of us suspected blind allegiances to Turd (NDP) poli-party

…via recent Facebook data compromises…we you down for $10#$%@

Specuskeptic
Member

What are you talking about? Coherence is vital to communication. Even a little bit helps.

Lost...but not Leased
Guest
Lost...but not Leased

RU SIDAS Beatch?

Specuskeptic
Member

Now we’re down to insults I guess(?) You seem to be struggling to communicate clearly. Back away from the computer and come back when you’ve cleared your mind. Take your time.

Lost...but not Leased
Guest
Lost...but not Leased

It’s pretty F’n clear that the minority of VCI posters that supported NDP ( ex-CCF ) have filled their diapers, heads are spinning 360 degrees and be in therapy Monday morning.

bwhahahahaahaahaha

Best place on meth
Member
Best place on meth

Hey Wilkinson, SHUT UP already!

backwardsevolution
Guest
backwardsevolution

Things must be slipping quickly because the swear words and the insults are flying fast and furious. The very people who have been looting for the past two decades are mad as hell that someone actually had the gall to stop their party.

This is human nature, the ugly side of it.

Bestplaceonearth
Guest
Bestplaceonearth

http://theprovince.com/news/bc-politics/mike-smyth-the-taxman-cometh-and-you-will-pay-more-starting-on-april-1
Welcome to the NDP era where it cost more for everything. Stupid bears think it doesn’t affect them! LoL!

patriotz
Member

This one (spec tax) has a distinct whiff of politics, as the ruling New Democrats seem to like seeing the Liberals defend the interests of people rich or fortunate enough to own a lakeside cabin or a ski chalet.

The people the Liberals are really defending are those who own AirBnB rentals, and satellite families who live in mansions but pay minimal income taxes. Smyth can’t be bothered to point out that almost all the properties affected are within BC’s big cities. Are there any ski chalets at all within the spec tax area?

Just me
Guest
Just me

I also found the article poorly written and willingly skewed.

Many of the taxes described will hit exactly those people who declare little or no income taxes, yet live the lives of kings in West side mansions.

backwardsevolution
Guest
backwardsevolution

So it’s either we pay for our government through taxes, or we sell out our country to foreign buyers. I’ll take the former.

Just me
Guest
Just me

In balance, these taxes are peanuts to what the NDP is going to save in housing costs for the average family (assuming prices adjust down following taxation of speculators and foreign buyers).

YVR
Guest
YVR

Prices are up 20% under the NDP. When do you expect to see the savings?

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Of course those are the only choices….

backwardsevolution
Guest
backwardsevolution

Yes, I agree, that’s what it looks like to me.

Sebastien
Member
Sebastien

Here’s one for the bulls. Explain this: https://twitter.com/RWong1975/status/977063600249425921

Best place on meth
Member
Best place on meth

2072 15TH AVE W

Listed Jan 3 $2,825,000 ($337,000 below Assessment according to realtor)

Sold Mar 12 $2,485,000

Lost...but not Leased
Guest
Lost...but not Leased

BPOM…

I guess the molotov cocktails and Emperor Xi costumes are finally bearing fruit…

Best place on meth
Member
Best place on meth

3569 KING EDWARD AVE W

Original Price $2,999,000, Nov 27

Sale Price $2,500,000, Mar 12

patriotz
Member

Should add it’s assessed for $2,861,000.

patriotz
Member

BC Assessment says it sold for $2.6 mil, 19-Apr-2016. Add up all the overhead costs and the owner lost quite a bit.

Best place on meth
Member
Best place on meth

2984 39TH AVE W

Listed: Feb 22 $3,688,000

Reduced: Mar 23 $2,750,000

Name
Guest
Name

13 Minutes of the Weirdest Moments in Beverly Hills
will this be vancouver in a few years?

https://www.youtube.com/watch?v=H37ipmyBCU0

and check out all the bad driving at the end of the clip just like in vancouver ….

backwardsevolution
Guest
backwardsevolution

What a zoo! The types of fast, high-end cars and the driving are what I’m seeing more and more in Vancouver. Young guys aggressively going around corners on one wheel. A few have wrapped themselves around poles recently, and it was the last thing they did.

UBC in crisis
Guest
UBC in crisis

Van West weekend open houses:
420 total, and 270 listed more than $1 millions.
Shockingly, a few boomers have decided to downsize. What a timing!

Just me
Guest
Just me

Welcome to the Kleptotour: Sightseeing Russian corruption in heart of London
Pressure on in U.K. to crack down on Putin cronies hiding money in real estate

http://www.cbc.ca/news/world/london-real-estate-oligarchs-1.4591729

Name
Guest
Name

“Because unfortunately London has become the home of dodgy money. And we need to change that.”

dodgy money? but what about Vancouver ???

Just me
Guest
Just me

The view from Ottawa is that Vancouver is just part of the wretched provinces….let it burn, or let it be sold to the Chinese. The central government cares about Toronto or Ontario. BC is an afterthought….

MarKoz
Member

“The example she points to is two properties at a prestigious building next to the British Defence Ministry that activists say are owned by Russia’s first deputy prime minister. TI says it was apparently bought for £11.4 million, or near $20.8 million. The official’s annual income, adds Davies Teka, is about $200,000 a year.”

I posted a similar article from the Guardian in the last thread. Backwardsevolution correctly pointed out that Shuvalov (the purported owner) had a lot more going on than his state salary. Also, his wife is stupendously wealthy.

I think the real issue is that the true beneficial ownership of many of these properties is hidden. Just like here.

http://www.bbc.com/news/business-35757265

Just me
Guest
Just me

“While London has benefitted from the influx of cash, properties have become so expensive the prices are prohibitive for most British nationals, says Guardian journalist and author Luke Harding. That’s been the source of longstanding resentment.

And now with the poisoning in a British cathedral town, the thinking at Westminster is shifting, he says.

“I think actually there’s a growing recognition on all sides of British politics that this is corrosive and actually it’s that one vulnerability that the Putin government has.”

Name
Guest
Name

In Vancouver we have a foreign country poisoning Canadian citizens with fentanyl.

backwardsevolution
Guest
backwardsevolution

Ain’t that the truth! Fentanyl is deadly dangerous stuff. Almost 3,000 opioid-related deaths in Canada in 2016. 4,000 deaths projected for 2017. In contrast, car accidents killed about 1,850 Canadians in 2015.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Except the local demand was present long before fentanyl.

backwardsevolution
Guest
backwardsevolution

But Fentanyl has taken it to a whole new level. Young kids stupidly playing with cocaine at parties, unaware it’s laced with Fentanyl. Next stop: the morgue.

Shut It Down Already (original)
Guest
Shut It Down Already (original)

Except the “party kid” example is incredibly rare, if it’s even happened at all. But you’d probably prefer to face the not-so-pretty reality.

backwardsevolution
Guest
backwardsevolution

You have absolutely no idea what you’re talking about. Go talk to the emergency room doctors and ask them what the kids tell them when they come in by ambulance, that is if they’re still alive.

Just me
Guest
Just me

SIDA has no shame. Talking nonsense about the utter tragedy that Chinese-made Fentanyl is inflicting on our communities.
Then again, in his eyes China can do no wrong. No wrong at all.

Best place on meth
Member
Best place on meth

That fucking scumbag will ALWAYS side with the motherfucking chinese against Canadians. Every single time.

If Victor Wong and Garth Turner had a devil spawn together, this vile piece of shit would be the result.

The vermin probably has a tail.

Name
Guest
Name

You are now a drug use expert on top of all your other “knowledge” you pontificate on this forum? What a complete jerk you are.

Just me
Guest
Just me

“Safe haven for money

London has long rolled out the carpet to foreign nationals from around the world looking to hide suspicious money.

It’s a global hub that, notwithstanding the repeated assassinations of Russian spies and businessmen, is seen as a safe haven for individuals and their money: a place where you can easily launder millions in a single transaction, and buy property without revealing your identity.

Russian oligarchs, many of whom made their fortunes under Putin, buy properties through offshore companies or through others fronting for them.“

backwardsevolution
Guest
backwardsevolution
This is how I understand it went down in Russia: after Gorbachev and his perestroika and glasnost (openness), in came the drunken Yeltsin in the early 90’s. This is when the Russian oligarchs went to town. They bought up everything that wasn’t nailed down (big oil, the media, etc.) for next to nothing. The people of Russia really suffered, prices escalated tremendously. As they owned the media, they controlled what people saw and heard, and they got Yeltsin elected for a second term. It was at the insistence of one of the Russian oligarchs that Putin came in. A few days after Putin was elected, he called all of the Russian oligarchs in and had a meeting with them. He laid down the law. He told them that they could keep their ill-gotten gains, but they were not to meddle… Read more »
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I suppose some of this is true. The problem is that the pillaging seems to continue unabated also under Putin.
It is just a different set of people stealing.

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It’s not just the people. it is the Money they deploy.

“Going after Russian money

Local reports indicate the U.K.’s problem with the influx of unquestioned, dirty Russian money may even soon be taken up by a parliamentary committee. An earlier government effort to introduce a register for foreign property buyers is also in the works.”

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“Prime Minister Theresa May announced in a speech it was highly likely that Russia was culpable in the brazen, daytime nerve-agent assassination attempt of an ex-spy for Russia and his daughter.

Since then, many here have insisted that one of the best levers for the government to hit back at Russia is right here in London.

May hinted in that speech she may well take the advice — going beyond turfing Russian diplomats in retaliation, and finally going after the corrupt, moneyed oligarchs in Britain’s midst.

There is “no place for these people or their money,” in the U.K., she said.”

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“The Kleptocracy Tour is sightseeing with an eye-opening political agenda, and it follows the money: the stops are at the multi-million dollar mansions and apartments believed to have been bought by cronies of Russian President Vladimir Putin — to launder dirty money.“

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Different country and people, same result.

Until SAnglo countries stop saying no to corrupt money, we will all pay the price for it.’
A few people benefit, the majority loses out.

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The Manhattan Luxury-Home Market Is Screaming: I’m Overpriced!

https://www.bloomberg.com/news/articles/2018-03-23/the-manhattan-luxury-home-market-is-screaming-i-m-overpriced

“The biggest problem right now is just straight-up overpricing,” she said. “People are still being delusional about their real estate.”

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Lost...but not Leased

NDP has submitted a pissing match tax…..

VCI posters will help put a big dent in BC deficit…..

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Liberals establish road map for talks to legislate a right to housing

Right to housing included in government’s national housing strategy released in 2017

http://www.cbc.ca/news/politics/liberals-government-housing-strategy-plan-1.4591615

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“Those steps include: New legislation that would require the federal government to maintain a national housing strategy. Appointing a new federal housing advocate to identify barriers to housing and provide support to Canadians. This job posting is set to open this spring. Establishing a new National Housing Council before the end of 2018 to help promote more Canadian participation in the evolution of the strategy. Implementing a community-based tenant initiative that would build inclusiveness within communities and support people in need. Carry out a public engagement campaign in 2020 to inform the public about the different types of available affordable housing, and support the development of more socially inclusive housing projects. But the language used in the documents could be problematic, according to an international expert on housing issues. The government has chosen to focus on what it calls a… Read more »
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Best place on meth

One of their key pillars is already flashing warning signs of hypocrisy:

“Inclusiveness” by helping those in the greatest need.

You just know that the Feminist Party is going to bypass those who have the greatest need by insisting that help is given based on the demographic makeup of the country.

Because it’s 2018.

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True. Some of the most abominable crimes have been committed in the pursuit of good intentions.
For one, I would really appreciate if Trudeau stopped apologizing every 5 minutes to every group that claims to be a victim. He does not even look authentic anymore.

And the feminism thing is starting to look like something where gender, not merit, is what matters for advancement and promotion.

The road to hell is paved with good intentions.

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“The document includes a message from the minister in charge of the file that says the plan would take a “human rights-based approach” to ensure every Canadian has access to a safe and affordable place to call home, and to reduce homelessness and poverty levels.”

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Historic Vancouver mission falls victim to city’s real estate boom

http://www.cbc.ca/news/canada/british-columbia/dtes-mission-to-be-demolished-1.4591962

“But the pastor’s efforts will soon be all for naught, because the building will eventually be demolished and the mission will need a new home.

“We’ve been advised anything from six months to two years. Whatever we have we’ll take and we’ll make the best of it,” said Chadwick.”

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“”It seems inevitable, as it’s happening it’s moving the Downtown Eastside population further up into the East Van area,” he said.

In the meantime, the mission is searching for new rental space in the same neighborhood. Where will they go?”