House prices make city ‘look bad’

When the city of Vancouver was trying to woo Amazon there was some concern that housing data would make the city look bad.

As city staff scrambled last fall to put together a proposal to woo Seattle-based Amazon to build a second headquarters here, they were faced with a major potential weakness: how to make the city attractive in the midst of a housing affordability crisis?”

“Internal email records obtained by the National Post through a freedom-of-information request show that the issue was top of mind for staff within the city’s economic development agency, the Vancouver Economic Commission, some of whom discussed leaving out certain housing data that could make the city “look bad.”

Read the full article over at the National Post.

As Dave puts it “Imagine if they were concerned about housing for locals.

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bullwhip29
Guest
bullwhip29

City to consider dual-tower, 438-room hotel that would offer long-term-stay suites for hospital visitors
http://www.richmond-news.com/proposal-for-huge-new-vancouver-hotel-takes-next-step-images-1.23345990

– proposed site is at 878-898 West Broadway, between Willow and Laurel streets (something tells me that something special will be done with 888 W. Broadway address)
– the new hotel is intended to serve both tourists and families visiting the nearby Vancouver General Hospital, with a large proportion of much-needed long-term-stay suites

trackback

[…] –The U-Haul data point […]

MAKE TRUDEAU A DRAMA TEACHER AGAIN!
Guest
MAKE TRUDEAU A DRAMA TEACHER AGAIN!
Oracle
Guest
Oracle

Strip away their citizenship. That simple. The people have to grow balls and not be manipulated via msm.

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

And where do you expect these stateless people to go once you’ve stripped them of their citizenship despite not being guilty of any crime?

Oracle
Guest
Oracle

Kick them out. Like that guys moniker. Kick them out.

bestplaceonearth
Guest
bestplaceonearth

Haters will hate: Wai Young runs for Van major, and declared war with the cyclists. Bears are so screwed!

Just me
Guest
Just me

Hi Byron! Missed your clownish posts!

Bestplaceonearth
Guest
Bestplaceonearth

Hi just me,
You are still dumb as usual. Spot any big house west of Cambie yet? Inventory is building up, price is crashing, I am sure you can pick up a place with your humongous $65k saving. Bhahahaha!

Laibach
Member
Laibach

Oh, finally! Your laugh was missed. You people have exquisite sense of irony and gift to use it appropriately. Did they teach you that in Confucius institution?

Bestplaceonearth
Guest
Bestplaceonearth

Laughing is the best medicine. I just can’t imagine how your miserable life is.

Oracle
Guest
Oracle

You do realize that the Chinese if they haven’t already will own Vancouver?? They will be majority. All because you whites couldn’t fight for what’s yours.

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

Hush now, racist buffoon.

Oracle
Guest
Oracle

Chinese is not a race. Why you always trying to bring the race card in?

Best place on meth
Member
Best place on meth

I thought he choked on his “hard earned equity” and passed away.

Bestplaceonearth
Guest
Bestplaceonearth

There are free containers being handed out in Surrey if you don’t want to live in mama basement just so you know!

MAKE TRUDEAU A DRAMA TEACHER AGAIN!
Guest
MAKE TRUDEAU A DRAMA TEACHER AGAIN!

Wow Byron is pissed.

Just me
Guest
Just me

Great fun to watch: you will laugh and cry at the same time.

http://dai.ly/x6m5b3o

PS Currently censored in China by Winnie the Pooh.

Just me
Guest
Just me

And here is the short version, a must watch:

https://youtu.be/bEyo6AQETQ4

Talking about it with Chinese residents of Vancouver apparently is taboo. Try and see their reaction.

Best place on meth
Member
Best place on meth

Thank god for the shorter version, I don’t know how anyone can stomach 20 minutes of that annoying liberal limey twat.

He should just shut the fuck up and let his crew put out hilarious videos.

Best place on meth
Member
Best place on meth

The June installment of David Eby’s monthly newsletter, “WEAR EEBBEE!!!???” is now out for your reading enjoyment.

https://mailchi.mp/leg/june-2018-newsletter-david-eby?e=e46d1d4b50

A lot of ground is covered this month.

Just me
Guest
Just me

“These donations, which brought us a government sponsored in no small part by those profiting from the housing and the climate crisis, were surely a consideration when rather than taking action, the Premier and her then housing minister told those feeling the pressure of the out-of-control housing market in Metro Vancouver to stop complaining and move to Fort St. John or Prince Rupert.”

Just me
Guest
Just me

You gotta love David Eby:

“It is a bit hard to remember, but in March of 2016 we hosted another townhall in the very same Hellenic Community Hall on the same topic – housing. Back then we were having a very different discussion than we are now. We had a broken political system where unlimited donations from the wealthy and well connected bought access to the province’s leadership at private and secretive dinner parties. Our system was so broken that BC was featured on the cover of the New York Times as the “Wild West”, where a premier could collect a second salary paid for entirely out of corporate donations to her political party, and her MLAs would defend it in the legislature as the cost of democracy.”

Bestplaceonearth
Guest
Bestplaceonearth

Election can’t come soon enough.

Best place on meth
Member
Best place on meth

“There have been a lot of changes – both big and small – in a short period of time, and not just on housing. A recent CBC analysis showed we’ve delivered on, or made significant progress on, more than 75% of our platform commitments in less than one year in government. For those of you who couldn’t make it to the town hall, I’d like to share our progress with you.”

Wait. Oracle and YVR said the NDP have done absolutely nothing, and these are the two most trusted commenters on VCI.

They’re like the Anderson Cooper and Don Lemon of VCI.

Trusted….honest….and other stuff…..

Oracle
Guest
Oracle

I could fixed the housing market in 3 months with a pen.

But let’s see what the NDP do for you.

I’m just worried that their hold on power is limited and people like you aren’t pressuring them to do more sooner.

Do you really think they will remain in power long?

Oracle
Guest
Oracle

Short period of time???? It’s almost 1..2 years since Election.

MAKE TRUDEAU A DRAMA TEACHER AGAIN
Guest
MAKE TRUDEAU A DRAMA TEACHER AGAIN

Why can’t they just spend within the budget they had? The NDP gets power and even with good people and good ideas can’t keep their hands out of the cookie jar. They raise fees and taxes until they get sent to Sibera for 16 more years.

Seriously, why do they always self destruct by increasing spending?

MAKE TRUDEAU A DRAMA TEACHER AGAIN
Guest
MAKE TRUDEAU A DRAMA TEACHER AGAIN

I will admit they have done a few very positive thing on RE but they have also:

Raised Corp taxes 1%
Personal Taxes 2%
Shifted MSP on to the “fat cat” employers
Cut the bridge tolls creating an 800 mil annual hole in the budget
Created a “school tax” on property that is misguided even if it is supported by the masses – The rich are an easy target

Am I missing anything?

Best place on meth
Member
Best place on meth

“Created a “school tax” on property that is misguided even if it is supported by the masses ”

Apparently they didn’t create this tax, it has existed for decades. Scroll down to: Issues Update: Increased School Tax on properties valued at over $3M

“This is not a new tax or a new name for the tax; the school tax has been the name for the provincial share of the property tax budget since the Socreds.”

Bestplaceonearth
Guest
Bestplaceonearth

It’s not a school tax, it’s wealth tax or Robinhood tax. It would be all home values, rrsp, and tsfa if the NDP has its way. The NDP is here to kill the economy, and the dumbers think the NDP helps solve their failures.

MAKE TRUDEAU A DRAMA TEACHER AGAIN!
Guest
MAKE TRUDEAU A DRAMA TEACHER AGAIN!

I too fear things like : No TFSA contributions if income is above $100k, Capital Gains tax at 75% instead of 50%.

These are federal decesions but I wouldn’t put them past Mr. Dressup.

The ‘rich’ are an easy target that has no one advocating for them. Yet study after study has shown that weath confiscation is bad for everyone – not just the rich.

Oracle
Guest
Oracle

Cap gains on residential real estate should be 100%.

paulb
Member

New
202
Price Change
94
Sold
119
TI:12758

http://www.clivestevepaul.com

Oracle
Guest
Oracle

Looks like inventory is cresting at a top.

Specuskeptic
Member

Your posts these days are desperately hilarious. You’re clearly running out of straws to grasp.

Oracle
Guest
Oracle

You need new panties man.

Oracle
Guest
Oracle

So did some math. Cap gains on condos won’t make a dent on the mania. It will on high end homes.

Let’s say a condo goes up $100,000 and a HAM family owns it (mom, dad, and student on it). Each gained $33,333. Only half that is cap gains taxable. So $16,xxx per person.

We all know most HAM don’t work so each persons tax bill from the $100,000 gain will be around $1000 each.

So $97,000 profit and $3,000 tax.

No wonder the REBGV came out supporting the registry today. And NDP looks to confuse its naive base.

This is bulkshit.

Specuskeptic
Member

Sell now or be priced in forever Boracle.

Screwed
Guest
Screwed

Dont forget that China’s gvnmt also wants it share plus with the registry the ham will be too exposed.

Oracle
Guest
Oracle

But they have 2 names. A western name in English letters and a Chinese in name in Mandarin.

Chinese passport in Mandarin so they show the English name on papers (10 yr visa etc) here. Passport only used in China.

Damn smart exploring loopholes.

Specuskeptic
Member

Seems to me you’re the one exploring holes here…

Best place on meth
Member
Best place on meth

Oracle explores his own hole several times a day.

That where he gets all his material from.

Oracle
Guest
Oracle

Ok. Let’s play make believe. Prices are crashing in the valley. Lol. Not!! They are still rising.
And I don’t give a Fuck about $3 million dollar homes going down 5%.

No Chump
Guest
No Chump

Bullshit? That’s you, alright. Full of it.

Oracle
Guest
Oracle

How so? Tell me where my math is wrong. Don’t bring emotion into it. It won’t get you a house west of Cambie.

Oracle
Guest
Oracle

Waiting…….

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

I was rather hoping you’d concoct a story about application of accrued capital losses from prior years.

At least that would have been believable.

Name
Guest
Name

Research shows fewer do-it-yourself movers are Vancouver-bound

http://www.news1130.com/2018/06/21/research-shows-fewer-movers-vancouver-bound/

“Last year, U-Haul recorded a 29 per cent year-over-year drop in one-way traffic to Vancouver.”

so apparently u-haul (like everyone else) is now an expert on the Vancouver housing market…

No Chump
Guest
No Chump

FYI, the U-Haul Index was a highly respected metric during the US housing collapse; a lot of their data was considered to be very relevant.

Oracle
Guest
Oracle

For fuck sakes, see the immigration numbers. not Uhaul to base your theses.

southseacompany
Member
southseacompany

“Video: Putting the brakes on Vancouver Housing (with Tom Davidoff)”, Spacing Vancouver

http://spacing.ca/vancouver/2018/06/21/video-putting-the-brakes-ancouver-housing-tom-davidoff/

“Simon Fraser University’s Centre for Dialogue invited Tom Davidoff, an Associate Professor at the Sauder School of Business, the man many see as the driving force behind the tax initiatives that have been introduced for a Conversation That Matters on his reasons for wanting to change the real estate market in Vancouver.”

BubbleTea
Guest
BubbleTea

Why is UBC and other schools allow so many foreign students into lower mainland. They should be allow to go to the UBC campus in the Okanagan only and that will free-up tens of thousands of housing for lower mainland.

Dave
Member

One reason… $$$

It’s part of the whole scam. The Feds make it immigration to Canada through our schools an easy backdoor method of getting in. The schools like it because it pays their salaries.

Oracle
Guest
Oracle

With a stroke of a pen, NDP could limit foreign students to 15% of a public Post secondary schools and eliminate them for private schools.

Furthermore, limit 10 year visa stats to 3 months in any calendar year.

This would eliminate the rental crisis overnight.

Just me
Guest
Just me

Can anyone post a link to the inventory graphs, comparing the evolution of inventory over the past few years? I know there is a link somewhere. I am curious where we stand in relative terms.

Specuskeptic
Member
Screwed
Guest
Screwed
Just me
Guest
Just me

Thanks!
2018 looks like a major pullback in the market.

bestplaceonearth
Guest
bestplaceonearth

Hugh correction is going on right now for west of Cambie. Have you lined up pre-approved mortgage and down payment for a big lot there yet? No? Then what is the point of watching these numbers?

Oracle
Guest
Oracle

Hahaha. Sorry Just Me.

Valley low end out of control still. That’s what you should be watching. The floor. Not whether a $5million home goes down.

Laibach
Member
Laibach

Buffoon, where is the laugh (Bhahahaha!)? Be consistent for fuck sake while being VCI fool.

Shut It Down Already
Member
Shut It Down Already

Dogs ‘huddle together in fear’ before they’re slaughtered for Chinese dog meat festival

https://metro.co.uk/2018/06/20/dogs-huddle-together-fear-slaughtered-chinese-dog-meat-festival-7645655/

Dr. Know
Guest
Dr. Know

CBS News: Peering into the psychology of online trolls, https://www.cbsnews.com/news/psychological-profile-of-online-trolls/

“The researchers found that trolls tend to show higher levels of trait psychopathy and sadism, as well as lower levels of affective empathy, according to the study published in the journal Personality and Individual Differences. ”

“Interestingly, trolls scored higher than average for cognitive empathy, meaning they are aware of other people’s emotions. But the researchers suggested, trolls’ higher levels of psychopathy traits appear to override these tendencies.”

“Researchers noticed a strategy of predicting and recognizing victims’ emotional suffering, but maintaining distance from “the experience of these negative emotions.””

Name
Guest
Name

North Van couple who concealed knowledge of oil tank on property ordered to pay $37K

http://www.nsnews.com/news/north-van-couple-who-concealed-knowledge-of-oil-tank-on-property-ordered-to-pay-37k-1.23337802

“the Honings bought the house in 2001 but didn’t discover the underground oil storage tank until 2016, when they dug it up and had to pay for cleanup of the contaminated soil.”

so 15 years after buying the house they “discover” the old oil tank and then sue the previous owners. That is some kind of detective work to even track them down let alone take them to court. Good thing the ex-owners were still alive….

ted
Guest
ted

Ridiculous, there is serious fraud that is ignored and they go after someone for something that allegedly happened in 1976. Not only is the burden of proof not there, what about statute of limitations.

bullwhip29
Guest
bullwhip29
i think the fact that the seller was the one doing the installation and was trained in this field was the final straw. this said, there are 1000’s of DIY reno jobs by amateur hacks, many of which were deliberately done to cover deficiencies up and nothing is ever done about these. imho this shouldn’t be allowed either. even when using a proper inspector as part of due diligence prior to buying there is little that can be uncovered in this regard (if the seller really wants to hide things). so maybe you are buying a ticking time bomb or you aren’t as there is often little to no documentation regarding the work performed on the property and whether or not it was done to code. perhaps this is another reason why so many homes are now being torn down.… Read more »
bullwhip29
Guest
bullwhip29

The controversial Chinese college entrance exam opening doors at more American universities
http://www.scmp.com/news/china/society/article/2151869/controversial-chinese-college-entrance-exam-opening-doors-more

KickThemOut
Member
KickThemOut

The year before that, Anhui candidates scratched their heads over an essay prompt that seemed to be testing their knowledge of science instead. The paper described students observing the wings of butterfly under a microscope and coming to the conclusion that “butterfly’ wings are initially colourless, they only reflect different colours under the light because of their microscopic structure.”

Best place on meth
Member
Best place on meth

So you’re now doing exactly what you you angrily accuse others of doing just to be a prick, correct?

Oh look who I’m asking, the #1 blog vomiter of all time.

KickThemOut
Member
KickThemOut

In 2016, Beijing candidates chose between writing about “a mysterious bookmark” that is interactive and can help you attain your wishes (that sounds more like Aladdin’s lamp) or explain why “old accent” can be stunning.

KickThemOut
Member
KickThemOut

Shanghai students came across a more philosophical conundrum – they are asked to share their thoughts on “being needed”.

“In life, humans are not just concerned about their own needs, we also long to be needed,” writes the prompt.

KickThemOut
Member
KickThemOut

Sichuan candidates have to write an essay according to three slogans. One of which is “At Shenzhen in year 1981, time is money, efficiency is life.” No information is provided on how the time and geographical context matters.

KickThemOut
Member
KickThemOut

Candidates are required to write an essay that will be kept in a time capsule, to be opened in 2035 by teenagers that turn 18 that year. It provides extra information that students can use as a guide – “2020, moderately prosperous society is fully implemented; 2035, socialist modernisation is realised”.

KickThemOut
Member
KickThemOut

Beijing candidates are luckier as they get to choose between one of two prompts, but neither is simple. The first option is to write an argumentative essay on “New Era New Youth, growing up while the motherland is developing.” The alternative is a narrative essay on “lucid waters and lush mountains”, describing “a beautiful scene where men and nature coexist peacefully.”

KickThemOut
Member
KickThemOut

Candidates are required to write an essay that will be kept in a time capsule, to be opened in 2035 by teenagers that turn 18 that year. It provides extra information that students can use as a guide – “2020, moderately prosperous society is fully implemented; 2035, socialist modernisation is realised”.

Sichuan candidates have to write an essay according to three slogans. One of which is “At Shenzhen in year 1981, time is money, efficiency is life.” No information is provided on how the time and geographical context matters.

KickThemOut
Member
KickThemOut

Beyond the US, dozens of European, Australian and Canadian universities, as well as those from Hong Kong, screen mainland Chinese students based on their gaokao scores. Those institutions include the

University of Toronto in Canada, the University of Sydney in Australia and Italian art school Accademia delle Belle Arti di Firenze.

KickThemOut
Member
KickThemOut

Another factor is that most public universities in the US are seeing a drop in domestic applicants because of declining instate demographics and funding cuts. “So more international or out-of-state students are expected to fill the gap,” Chen said.

Most of the 50 US states have cut public college and university budgets, eating into student services and raising tuition.

KickThemOut
Member
KickThemOut

“They found that many of the students enrolled from Chinese international schools were not as good as their applications – they attached little importance to academic growth and some even submitted fake school reports,” Chen said. “So some schools start to value those who have gone through the traditional Chinese way of selection.”

KickThemOut
Member
KickThemOut

Dutcher, the University of New Hampshire vice-president, said: “We are recognising at UNH how vigorous the gaokao exam is and the calibre of the students who perform well in gaokao exam, and it is the calibre of students that we are interested in at UNH.”

“We want to make sure we continue to bring in students who are going to be academically successful at the university and we want gaokao to be a new part of our admission to consider that,” she said.

KickThemOut
Member
KickThemOut

Andrew Chen, the chief learning officer of the WholeRen Group, an education consulting firm based in Pittsburgh, Pennsylvania, agreed that the exam worked well in pushing students to attain academic success, but also mentioned the widely shared concern.

“Gaokao is fierce competition in China,” he said. “It’s painstaking and it’s somehow unreasonable to judge how someone has done in the past 10 years through this one test.”

KickThemOut
Member
KickThemOut

With more than half of its international students coming from China, USF has enrolled 33 Chinese students through the gaokao programme, which requires test scores, a high school transcript and a one-on-one English interview with a university professor.

About 377,000 Chinese students are studying at American universities, accounting for more than a third of international students in the US, according to government data.

KickThemOut
Member
KickThemOut

China’s controversial college entrance exam, or gaokao, is gaining acceptance in the US as an indicator of better future academic performance.

The University of San Francisco (USF), which started admitting Chinese applicants based on gaokao scores in 2015, said Chinese students who entered through the gaokao admission programme achieved considerably higher results than these admitted through the traditional process.

“For example, the combined grade point average of the gaokao students is nearly six-tenths of a point higher than the Chinese students who applied through the traditional admission process,” Jason Opdyke, USF’s assistant vice-president of international admission, told the South China Morning Post.

KickThemOut
Member
KickThemOut

You mean actually expecting students know how to add & subtract?

bullwhip29
Guest
bullwhip29

Vancouver approves plan to curb speculation along the Broadway corridor
http://vancouversun.com/news/local-news/vancouver-approves-plan-to-curb-speculation-along-the-broadway-corridor

>>> look at Mayor Moonbeam being all business, so serious in this photo…LOL

KickThemOut
Member
KickThemOut

Aka MORE Developer PROFITS program

bullwhip29
Guest
bullwhip29
bullwhip29
Guest
bullwhip29

Montessori program sunk by offshore cash deal
http://www.richmond-news.com/news/montessori-program-sunk-by-offshore-cash-deal-1.23343188

>>> now they are feeding on themselves…i wonder how this will end?

Name
Guest
Name

No white kids in that photo. This is where we are now as a city; no balance or diversity.

Simple Solution
Member
Simple Solution

Take a walk through Kerrisdale… plenty of stores with Chinese only signs in window… They cant even pretend to want non chinese customers…

Best place on meth
Member
Best place on meth

Do those stores look reasonably flammable?

Just asking for a friend.

Simple Solution
Member
Simple Solution

We are almost there… an unlivable city….

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

You think the city is unlivable because of a tiny fraction of stores have signs that you can’t read? Are you going without goods or services because of this? No. You’re just being a drama queen.

Best place on meth
Member
Best place on meth

DeVos urged to probe Chinese spying at U.S. universities

https://www.politico.com/story/2018/06/20/betsy-devos-huawei-technologies-655592

Dozens of lawmakers are urging Education Secretary Betsy DeVos to launch an investigation into possible attempts by Chinese organizations to steal research and technology from U.S. universities.

In a letter to DeVos this week, 26 members of Congress call on her to require American universities working with Huawei Technologies to turn over information on their joint projects. Huawei is a Chinese organization that provides funding for research in communications, computer science, engineering and more.

Laibach
Member
Laibach

“Not only will the money launders have to give themselves up completely as far as their identity, but this information will be available to all of us, so I will know the name of the shady crook from the PRC who was attempting to hide behind company XYZ.”

Good stuff would be to create some sort of Zoo or museum of exotic animals and exhibit them there so people can come organized to visit and feed and pet them. They could become a tourist attraction and eventually contribute indirectly to community. Good location for such freak show would be Stahu Pok, now Aquarium. Set those innocent fishes free and get all those vermin in. They would be much better entertainment for all.

Laibach
Member
Laibach

Sorry for double posting, crappy tablet.

Best place on meth
Member
Best place on meth

Lenovo?

Laibach
Member
Laibach

Close, but certainly less crappy.

paulb
Member

New
224
Price Change
114
Sold
119
TI:12744

http://www.clivestevepaul.com

BubbleTea
Guest
BubbleTea

B.C. Government to launch registry of who owns real estate in province
“In order to prevent tax evasion, fraud and money laundering, the provincial government needs to end hidden ownership, ensuring the ability to look through legal entities, like offshore trusts, and find out who is behind them.”
https://globalnews.ca/news/4286029/b-c-government-to-launch-registry-of-who-owns-real-estate-in-province/
About Time!

bullwhip29
Guest
bullwhip29

>>> they will have to clarify whether this will be retroactive (how this could be possible is anyone’s guess) or applicable to future purchases and/or changes in ownership of reporting body. second, more details on how accessible this will really be by any old random person and whether or not fees, detailed registration etc will be required and search queries logged. i seriously doubt you will be able to anonymously punch in someone’s name and have system spew out all RE holdings, co associations, affiliates and so on OR do reverse search by random address to see who owner is

Just me
Guest
Just me

The sooner the better. It must be one of the most popular policy measures in the history of BC. I still have to find a single BC voter who does not want the registry (of course, real estate agents and other people who service HAM are the notable exceptions).

bestplaceonearth
Guest
bestplaceonearth

You and your jealousy! Bhahahaha!

Oracle
Guest
Oracle

The first big announcement by the NDP has finally happened. More than a year after being elected.

This database is supposedly separate from the land titles and will be linked to the tax authorities. If they can retroactively ban blind Trusts/corporations from hiding, then this seems like a super idea.

The local PR family won’t be able to hide if they own multiple homes. Neighbours will see what they own and rat them out if they are declaring NO cap gains on all their houses.

Let’s see if they leave in any loopholes.

Best place on meth
Member
Best place on meth

I had a quick read through the White Paper, and I really hate the term White Paper because it’s racist, but there don’t appear to be any loopholes. The NDP were quite thorough which is why it took a year.

Not only will the money launders have to give themselves up completely as far as their identity, but this information will be available to all of us, so I will know the name of the shady crook from the PRC who was attempting to hide behind company XYZ.

The criminals will also have to give up very detailed information about themselves that won’t be available to the public but will to CRA and law enforcement.

Win-win, as the cheaters like to say.

Laibach
Member
Laibach

“Not only will the money launders have to give themselves up completely as far as their identity, but this information will be available to all of us, so I will know the name of the shady crook from the PRC who was attempting to hide behind company XYZ.”

Good stuff would be to create some sort of Zoo or museum of exotic animals and exhibit them there so people can come organized to visit and feed and pet them. They could become a tourist attraction and eventually contribute indirectly to community. Good location for such freak show would be Stahu Pok, now Aquarium. Set those innocent fishes free and get all those vermin in. They would be much better entertainment for all.

just your average joe
Guest
just your average joe

shit….i better offload my property before fall …says corporation 8888888

No Chump
Guest
No Chump

The NDP has only been in office since late July.

Oracle
Guest
Oracle

But keep the pressure on the NDP!

Just me
Guest
Just me

As birth tourism climbs in B.C., health authority files $312,595 lawsuit over one unpaid childbirth bill

http://vancouversun.com/news/local-news/as-birth-tourism-climbs-in-b-c-health-authority-files-312595-lawsuit-over-one-unpaid-childbirth-bill

“Record numbers of so-called birth tourists, mainly from China, are expected at Richmond Hospital this year. Yet the Vancouver Coastal Health Authority has no plans to deter women from having their babies at the hospital to give them Canadian citizenship, despite suing a woman for nonpayment of $313,000 for her delivery.”

Laibach
Member
Laibach

A country has a major shit going on with a foreign invasion in the most dangerous, cunning and shameful way while those who are supposed to do something about it keep jerking on weed legalization like that is the only subject concerning Canada. Fucking unbelievable. Sure, keep getting stoned while locust is eating up the country (literally).

patriotz
Member

“Canadian citizenship is an honour and a privilege, and our Conservative government is committed to increasing its value. Birth tourism undermines the integrity of our citizenship program and takes advantage of Canadian generosity.”

Gee what happened? This is the major stumbling block:

“As provinces and territories are responsible for birth registration, consultation and co-ordination with the provinces is required,” said Alexis Pavlich, a spokesperson for Alexander.”

https://www.thestar.com/news/immigration/2014/08/18/ottawa_urged_to_remove_citizenship_by_birth_on_canadian_soil.html

Oracle
Guest
Oracle

An article 4 years old???

Oracle Sockpuppet Doppelganger III
Member
Oracle Sockpuppet Doppelganger III

An article supported with evidence that is four years old is not as valid as what I’m hearing or what people are telling me. Nice try, Patrirotz!

Just me
Guest
Just me

“The South China Morning Post article pointed out that Canada is one of a few countries (including the U.S.) that offers citizenship to babies born in the country, regardless of the nationality of parents. By contrast, in China, nationality is acquired upon birth only if one parent is a Chinese national, similar to policies in Australia and Britain.”

patriotz
Member

” similar to policies in Australia and Britain. ”

In fact Oz and the UK grant citizenship if one parent is a permanent resident.

Just me
Guest
Just me

“An article posted on the “Hongcouver” blog in the South China Morning Post says Richmond is at the centre of the birth tourism phenomenon. It highlighted one “birth house” called the Baoma Inn and its Instagram account showing photos of smiling expectant or post-delivery Chinese mothers enjoying touristy outings around Vancouver. Also pictured are newborns asleep, next to their new Canadian passports. In addition to pre- and post-partum accommodation, the inn is said to be able to arrange birth certificate and passport services plus getting newborns enrolled in the B.C. Medical Services Plan so they can receive publicly funded health care after they’ve resided in the province for three months.

The Baoma Inn is one of the dozens of so-called birth houses in Richmond. “

Best place on meth
Member
Best place on meth

The Baoma Inn would be a perfect location for Trump to test the latest US weaponry.

What are the coordinates?

alwaysinsearchofaname
Guest
alwaysinsearchofaname

Trump is a horrible ignorant person and is causing serious damage to the U.S. and to the well-being of people inside and outside the U.S.

That said, birth tourism in BC should be stopped. It taxes Canadians; it sucks Canada’s wealth with no return, economic or social. Evidence available to me suggests that there are local universities that support it by renting out space to outside organizations to give instruction to expectant mothers. Renting out space is a way to bring in income, and whatever individuals or offices make the arrangements may not know the groups they are contracting with nor have a true idea of the purpose of the event for which space is arranged.

Best place on meth
Member
Best place on meth

“Trump is a horrible ignorant person and is causing serious damage to the U.S. and to the well-being of people inside and outside the U.S.”

Did you dress up as a vagina and go rage in the streets with the other classy ladies?

alwaysinsearchofaname
Guest
alwaysinsearchofaname
It’s interesting what part of my comment you chose to comment upon. Sorry I should NOT have used the word “horrible”. A word a straight guy over 50 would not say, likely. Dead give away. Yes, I am the exact type of person who would dress as a vagina and rage in the streets against Trump’s ugly misogyny. You got my number. Since I’m so obviously a type, just a type, nothing but a type, you might as well dismiss what I say. I normally love your style, and think your voice is a powerful one in bringing out the pertinent issues about housing affordability in Vancouver. But Trump has no substance, and backing him undermines your claim not to be racist, which is unfortunate, It’s not in any way cute or outre’ to support a criminal in powerful office… Read more »
alwaysinsearchofaname
Guest
alwaysinsearchofaname

Let me be more specific. The instruction is in Chinese, and all the attendees are women who are asian in appearance. all with little dolls and diapers at their desks, all 50 or 60 of them. Three or four men standing around the sides of the room observing.

Just me
Guest
Just me

“The birth tourism phenomenon is tied to several factors, including Richmond’s demographics, a preponderance of “birth houses” for pregnant Chinese women in the city, the large number of doctors and nurses who speak Cantonese or Mandarin, and an industry fuelled by brokers who charge high fees to make the arrangements for women wanting to have so-called “anchor” babies in Canada.”

Just me
Guest
Just me

“While all pregnant women are asked to register well in advance of giving birth so that hospital resources can be planned, there have been no measures taken by the hospital to deter birth tourism, which now accounts for 20 per cent of its deliveries. That is believed to be the highest proportion in the province, if not Canada. B.C. Women’s Hospital discourages birth tourism through various policies and practices. At times, Richmond Hospital has to send local women in labour to other hospitals when it is too busy.”

KickThemOut
Member
KickThemOut
No Chump
Guest
No Chump

An article from 2012? Surely you can do better in order to “keep up”.

KickThemOut
Member
KickThemOut

Is it any less relevant today? Isn’t it even worse today as we have been fully occupied?

Laibach
Member
Laibach

“”Our government is focused on making sure British Columbians are first in line to do business with Asia to create jobs here at home,” says Premier Christy Clark.”

She did it as she said and succeeded by focusing government to sell and destroy the BC province by “doing business with Asia” precisely with locusts and other kind of vermin who were given “Carte Blanche” to launder money, park it here and to do much other shit along the process. And she calls that “doing business”…

KickThemOut
Member
KickThemOut

There’s concern too that foreign students are taking up places at university, bringing much-needed bags of cash in foreign student fees. A similar problem is playing out in schools, some say.

“My son wants out of private school,” says one parent who asked not to be named. His teenager has become one of the few white students at an exclusive Christian academy in a Vancouver suburb. “All these Asian kids are playing the piano and violin in the evenings. My kid plays hockey,” he says.

It’s not uncommon to find only one or two white students in Vancouver classrooms, says Mr Tam in his Chinatown office, especially in courses like finance or engineering.

KickThemOut
Member
KickThemOut

Privately, there have been grumblings. In the safety of living rooms or the anonymity of online forums, old-time Vancouverites blame the Chinese for the city’s sky-high property prices, although experts say there’s little evidence to back up the fears.

Language is another flashpoint, especially when it comes to older migrants. “There used to be a time when immigrants to this country were required to know the language,” whispers a woman in a doctor’s clinic, as the receptionist struggles to ask an elderly Chinese man when he last took his heart medication. A family member has to be contacted by phone before the queue gets moving again.

KickThemOut
Member
KickThemOut

then, immigrants from Mainland China, and to a lesser extent, Taiwan are leading the westward charge.

Mandarin is edging out Cantonese on the streets of the city. Overall, nearly one-in-five Vancouverites is now of Chinese origin – the biggest migrant community by far, with some 12,400 new arrivals each year.

KickThemOut
Member
KickThemOut

Newspaper headlines and some politicians warned of an “Asian invasion” while the bitter elite coined the phrase ‘Hongcouver’ to express their dismay at the perceived Asian-isation of their city.

KickThemOut
Member
KickThemOut

The next significant wave of migrants came in the 1980s and 90s. But they weren’t about to do manual labour or settle in Chinatown with the so-called Chi-eppies (Chinese elderly people) and Chi-lippies (Chinese low-income people).

This was a largely wealthy class of Hong Kong Chinese who snapped up homes in the priciest neighbourhoods, sent their children to the best schools, and kicked off a construction boom which transformed downtown Vancouver into a Hong Kong-style city of skyscrapers.

Their sudden impact brought a sharp backlash. Polite Vancouver society was aghast at the “monster houses” being built in the old-monied communities of Shaughnessy and Kerrisdale, often demolishing character homes and tearing down trees in the process.

KickThemOut
Member
KickThemOut

For the first time in 2011, the Pacific Rim dislodged the US as British Columbia’s biggest trade partner . With the collapse of the US housing market, lumber exports have fallen. But demand for coal and natural gas to fuel China’s factories is skyrocketing.

Exports to China reached CAN$5.1bn ($5bn/£3.17bn) in 2011, nearly five times their value in 2001. Other booming industries include agrifoods, minerals, container traffic, tourism and education. The economic boost has driven a CAN$22bn ($21.6bn/£13.7bn) upgrade in infrastructure along trade corridors with Asia.

“Within the last 20 years, we have expanded our airport twice, had a big facelift for our port, and seen the biggest-ever highway construction,” he says. “Because of the impact of immigration, Canada as a whole is more resilient to economic recession and that’s undeniable.”

KickThemOut
Member
KickThemOut

Richmond is North America’s most Asian city – 50% of residents here identify themselves as Chinese. But it’s not just here that the Chinese community in British Columbia (BC) – some 407,000 strong – has left its mark. All across Vancouver, Chinese-Canadians have helped shape the local landscape.

KickThemOut
Member
KickThemOut

Chinese immigrants have flocked to Canada’s west coast and transformed Vancouver into Canada’s very own Asian metropolis. The days of concern over the city being turned into ‘Hongcouver’ have gone. What does the future hold for Canada’s Asian population?

Just me
Guest
Just me

Here is an example of why “beneficial ownership” legislation would be a game changer, and suddenly restrict inflows of money into Vancouver real estate.

“More documents from Panama Papers law firm leak out, exposing its panic”

http://www.cbc.ca/news/world/mossack-fonseca-panama-papers-new-leak-1.4714187

KickThemOut
Member
KickThemOut
Make Vancouver Canadian Again Speaking of carpet-bombing, I see Just Me has just carpet-bombed this site with several comments that are simply cut a paste block quotes from an article that was linked to, effectively re-posting much of the entire article here. Boy, has this site gone down hill over the past few years. I was a frequent commenter a number of years ago although I now mostly just read. You would think this site would want the casual commenter to be able to get through to increase readership and diversity of voices. I made two comments. The first appeared. The second is held up in moderation. Yet someone like Just Me can post multiple consecutive comments within a few minutes of each other all on the same topic all just quotes from an article. If we want to read… Read more »
Just me
Guest
Just me

And this is why we need beneficial ownership legislation asap. In BC we are certainly not any better than in Panama, right now. The official excuse we were fed by the previous governments was: “It is good for the economy when rich people move their money to BC; hence, it would be dangerous to the economy to ask any questions of these individuals.”

See where this lax attitude has taken us. We have become a resort city, where the rich and powerful launder their money and remain undisturbed, while the great unwashed (including professionals) struggle to meet their day-to-day obligations.

Things need to change.

Just me
Guest
Just me

“Overall, the new documents reveal, Mossack Fonseca couldn’t identify tens of thousands of owners of companies it had registered in opaque, low-tax jurisdictions, even though international anti-money-laundering rules were now requiring just that.”

“Two months after the firm learned its records had been breached, it still couldn’t identify owners of more than 70 per cent of its 28,500 active companies in the British Virgin Islands, its busiest offshore hub, and 75 per cent of the 10,500 active shell companies in Panama it had registered, the records show.”

Just me
Guest
Just me

“An offshore company administrator based in Luxembourg fretted about her client’s exposure. “We need to change the address mentioned in our system… This need[s] to be done urgently; due to the Panama Papers our client faces some problem in Canada.”

Just me
Guest
Just me

“The new cache of files show that soon after the Panama Papers were revealed on April 3, 2016, Mossack Fonseca was besieged by worried emails. Clients demanded to know what had been leaked — and particularly whether it involved the sensitive, and normally secret, information on the “beneficial ownership” (BO) of offshore companies.

“URGENT… what documents/BO info was taken from files and when?” asked the head of a trust company.

“It’s gobsmacking, and I demand you DELETE my name from all your files,” a French investment adviser wrote.”

bestplaceonearth
Guest
bestplaceonearth

Quit copy and paste that part that suits your agenda!

M-
Member

Province to shine light on ‘hidden owners’ of B.C. real estate
http://nsnews.com/province-to-shine-light-on-hidden-owners-of-b-c-real-estate-1.23342620

bestplaceonearth
Guest
bestplaceonearth

Do the NDP guys know that corporations have to file annual income tax, declare assets/liability, and the shareholders with 25% interest or more? and yes, it’s including SIN of the major shareholders. They have to form a committee to do this? They just keep drumming, hoping dull like Just Me gives them the vote.

Just me
Guest
Just me

Lawyers can be used as directors. To avoid revealing beneficial owners. It is done all the time in BC.
Apparently you are nor aware of this legal escamotage?

KickThemOut
Member
KickThemOut

Directors and shareholders are not the same thing / person.

Just me
Guest
Just me

Of course not. But walk into any lawyer’s office and they will be happy to act as name bearers for companies. With no obligation for you to reveal your identity.

It is this simple right now.

Simple Solution
Member
Simple Solution

Ok. So you are saying you can walk into a lawyers office in BC and he will agreee to act as your nominee shareholder. So you can conceal your ownership? Any lawyers here like o comment on that?. Lol

bullwhip29
Guest
bullwhip29

maybe not any lawyer’s office in BC, but certainly many in Richmond offer various specialty services for an extra charge. i have said time and time again that a reasonably well heeled offshore investor with no morals whatsoever could easily be doing all this business in a phony name anyway. so even if a declaration is made for the purposes of keeping Carole James happy, it doesnt mean anything at the end of the day. once all the funds have been moved successfully, the CRA (and certainly not the BC govt…lol) stands little to no chance at recovering the loot

Just me
Guest
Just me

There are currently cases in the courts where true ownership is being assessed.

Yes, you read well. Laugh as much as you want, but what I wrote is correct.

And why would the government need legislation in your view if full revelation was a given already?

Simple Solution
Member
Simple Solution

Im still laughing at your statement that LAWYERS will act as nominee with ‘no obligation to reveal beneficial ownership’…. Even tax havens require disclosure of ultimate beneficial owner.

A transfer of shares in a company is not registered at land titles… This legislation closes that loophole. Also provides a nice tidy spot where ALL info is regarding property ownership is consolidated for sharing with other Government agencies (CRA) and other governments… THAT will be the interesting change. No more hiding … Way less attractive for the “investors” that need to hide….

Just me
Guest
Just me

While I am not sure whether this is based on current practice, lax enforcement or a combination of elements, I stand by the assertion that it is possible to avoid reporting beneficial ownership in registered companies, for the purposes of transactions and other similar acts.

If elicited by CRA, I suppose the information must be provided. But I am not even sure what the exact obligations are and whether it is possible to screen certain types of ownership (in a quasi-legal way).

In practice, true beneficial ownership in BC is far from obvious for both tax and transaction purposes.

If any lawyer cares to comment and correct what I wrote, it would be great.

Name
Guest
Name

“As part of its 30-point housing plan, which has seen the launch of a number of new taxation policies, the NDP government plans to establish the publicly accessible database of all real estate ownership across the province.”

this will blow the lid off of blind trusts …

Oracle
Guest
Oracle

So will this end people not declaring cap gains on multiple properties or are there still loopholes??

Oracle
Guest
Oracle

Will there be a tip line? Because I don’t think government will run checks to see who owns what.

Should be enter a name and another identifier and all homes should come up.

Simple Solution
Member
Simple Solution

The government will run checks… as the real estate money machine slows down they will need to replace the lost tax revenue…

Just me
Guest
Just me

If house prices go down by even a small amount, it would compensate people for any excess taxes. Right now your income does not matter, regardless of taxes. I welcome the day your income (and associated taxes) return to matter for housing affordability.

Bottom line: no matter the taxes, right now we are screwed. I would rather go back to the original status quo, where we complained about taxes because we had meaningful incomes that could buy homes.

Prices have to come down. And significantly.

Simple Solution
Member
Simple Solution

Prices will come down, and significantly. As soon as laws start getting enforced vancouver realestate is not the appealing investment it once was…

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

Except the vast majority of speculators aren’t breaking any laws. They’re your family, friends, and neighbours and they expect that RE “always goes up!”

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

You are full of sh*te

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

SIDA= smart….

Debating skills = opposition = drunk/ dumbass/f*cktwit or See Saw

Now..back to get $56 K deposit from basement suite to juice WestBank pre- sale condo.

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

There’s a reason nobody ever replies to you – they’ve no idea what it is you’re trying to say.

Simple Solution
Member
Simple Solution

Perhaps you are right, the “vast majority” are not breaking laws. They are all declaring their speculation gains as income, declaring rent as income….

Some are, Im sure. But I doubt the “vast majority” are. And to be clear, I have no data that would prove my assumption.

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

Most sales are to those who are buying a principal residence. So there’s no income or cap gains to declare. But the only reason they’re buying is greed.

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

Bullsh*te……

………Commie apologist

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

You seem to be drunk by 3pm most days. That’s so awesome.

Oracle
Guest
Oracle

And we need a rental tax credit to out landlords who don’t declare rental income.

M-
Member

The white paper is here, along with the gov’t email address to send feedback. Deadline for feedback is Aug 19.

Land Owner Transparency Act Consultation:
http://www.fin.gov.bc.ca/pld/fcsp/consultLOTA.htm

Just me
Guest
Just me

The sooner the better.
If the BC Libs get back in power we can forget about this registry.