Free your Friday!
It’s friday and that means its 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.
So what are you seeing out there? Post your news links, thoughts and anecdotes in the comments below and have a great weekend!
[…] irrepressible news-bot southseacompany shared a whole bunch of stories about sales in […]
Former Canadian ambassador to China says the (Turd) government needs to confront Xi to stop fentanyl exports from China.
http”//the globeandmail.com/opinion/article-when-will-canada-get-serious-about-curbing-fentanyl
Hengyi, developers of The Pacifica, granted an exemption by New Zealand’s Overseas Investment Office, allowing them to sell to foreigners
https://www.scmp.com/business/article/2176152/new-zealand-grants-developer-auckland-tower-exemption-under-anti-foreign
Crazy Rich Asians flops in China on its belated debut
https://www.scmp.com/culture/film-tv/article/2176079/crazy-rich-asians-flops-china-its-belated-debut-film-fans-calling-it
Probably because they know their economy is a fraud.
Metro Vancouver home sales down 42.5% in November
https://www.richmond-news.com/metro-vancouver-home-sales-down-42-5-in-november-1.23518979
A luxurious 9,940-square-foot property tucked away on Whistler’s Nita Lake is going up for international auction later this month for about half as much as it was previously listed for
https://vancouversun.com/news/local-news/photos-luxurious-20-million-whistler-mansion-to-be-auctioned-off-internationally
I doubt they will even reach their reserve price of 10.9 million.
Anybody getting those annoying automated calls in Mandarin with the femail voice sounding like Mao’s secretary? What are they up to, what an annoying pile of shit wherever you turn.
“Vancouver Home Sales Plunge 42.5% In November, To Lowest Level Since Great Recession”, Huff Post
https://www.huffingtonpost.ca/2018/12/04/vancouver-home-sales-lowest-financial-crisis_a_23608423/
“With Vancouver building 1.2 new homes for every new resident, the market may be headed for a “bumpy landing.””
“Vancouver home sales hit 10-year November low”, News 1130
https://www.citynews1130.com/2018/12/04/vancouver-home-sales-november-low/
“Metro Vancouver home sales and prices down to more ‘historical’ levels: board”, Financial Post
“‘Wait-and-see’ positioning by buyers has brought prices down 4% to 7%”
“Metro Vancouver home sales down 42.5% in November” Vancouver Courier
https://www.vancourier.com/real-estate/metro-vancouver-home-sales-down-42-5-in-november-1.23518979
“Following October’s slight uptick, November’s transactions are hit with double-whammy of cooling market and slower season”
“Metro Vancouver housing slowdown continues unabated”, Georgia Straight
https://www.straight.com/news/1173176/metro-vancouver-housing-slowdown-continues-unabated
“Housing slowdown continues, says Real Estate Board of Greater Vancouver”, Global News
https://globalnews.ca/news/4728014/housing-slowdown-continues-real-estate-vancouver/
““Home prices have declined between four and seven per cent over the last six months depending on property type,””
November 2018 stats package from REBGV available, and entitled: “Metro Vancouver homes sales down across all property types”
“The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,042,100. This represents a 1.4 per cent decrease over November 2017 and a 1.9 per cent decrease compared to October 2018.”
https://www.rebgv.org/sites/default/files/REBGV-Stats-Pkg-November-2018.pdf
Assesed at $1.8 sold for $2.5 in October 2018.
941 E 29TH AVENUE
Vancouver
Fraser VE V5V 2S3
Sold price $2,507,000
Asking price $2,298,000
Sold October 15, 2018
6 beds • 4 baths • 2,639 sqft
MLS® R2313195
Second above assesed sale in this east van neighbourhood I have seen in Oct and Nov. The market is not all down.
Concerned about our ballooning deficit? about millions $ lost daily on landlocked oil? about thousands of jobs to be lost in Oshawa?
Apparently no sweat as TURD blows another $ 50 mil on a whim to his rich and famous buddies vying for attention by pretending to raise money to educate girls and women in South Africa.
http://www.cbc.ca/news/politics/trudeau-trevor-noah-money-1.4930216
Should this guy really be allowed to run free with unrestricted access to twitter?
It was already budgeted months ago, not on a whim. Scheer needs to think more before he tweets…. https://www.huffingtonpost.ca/2018/12/03/trudeau-trevor-noah_a_23607155/?ncid=other_trending_qeesnbnu0l8&utm_campaign=trending “….Louis Belanger, the director of communications for International Development Minister Marie-Claude Bibeau, said the $50 million is part of $400 million in aid previously announced during the G7 Summit in Charlevoix, Que., near Quebec City, in June. Belanger said Education Cannot Wait is one of the only funds that specifically helps girls’ education in places such as refugee camps and war zones. “This is the type of funding that we had our eye on since we announced it in Quebec City,” he said…” Also, Canada ran successive balanced budgets under Chretien/Martin regime – 10 straight balanced budgets, I believe – until Harper got elected in 2005 and ran nothing but deficit budgets after that….basically, Harper added another 150 billion to the… Read more »
yes already part of the previously announced aid package… since we have sorted out all Canada’s problems and there are no problems here that could use the funds, Im happy they are working on the worlds problems…
what a bunch of clowns
Even if it had been previously decided, and however irresponsible, the timing and the frivolous manner of it is vintage drama teacher.
Our biggest worry should be what else “special Justin” can screw up before we send him packing…another trip to India sure wouldn’t do any harm to guarantee that.
…JT handing out OUR money….meanwhile CANADIANS can’t afford shelter in Canada’s cities.
As long as the govt is bleeding the citizens dry on one front and the banks are hauling in record profit from sky high debt and mortgages on the other, then all is well in the colony.
“already part of the previously announced aid package”
…..yup that justifies it completely.
“… but how about Canada pledges $50M to @EduCannotWaitto support education for women & girls around the world? Work for you? Let’s do it.”
>>> it is part of Justine’s feminist agenda ….
Most civilized countries give significant amounts of foreign aid, and all have problems at home which could be used as an excuse not to.
Stop moving the goalposts.
Im not moving any goalposts… I firmly believe that we have enough issues here at home. that need to be dealt with. I dont care who happens to be in power, I am opposed to this.
Do you donate to charity?
“The Money Deluge – How the Rich Get Richer”, DW Documentary, July 2017
https://www.youtube.com/watch?v=t6m49vNjEGs
“Exploding real estate prices, zero interest rate and a rising stock market – the rich are getting richer.”
“The fiscal policies of the central banks are causing an uncontrolled global deluge of money. Experts are warning of new bubbles. In real estate, for example: it’s not just in German cities that prices are shooting up. In London, a one-bed apartment can easily cost more than a million Euro. More and more money is moving away from the real economy and into the speculative field.”
Yup. Lot’s of malinvestment going on.
Absolutely. Although, I think the main reason is massive global wealth and income inequality.
for YEARS i told you to buy or you’ll be priced out for ever. i was right.
for YEARS i told you that sinofication is happening and china is a threat. i was right.
Chief of Defence Staff Jonathan Vance on what China is doing to Canada
Paul Wells: There’s ‘extreme concern’ among allies about what China is up to, says Canada’s top soldier. ‘Is it painful for this country? Yes.’
Good point, almost like Canada is due for a military coup in order to sober up and understand what is going on and why its survival as a modern democratic society is in jeopardy.
Another good reminder – China is a bigger threat than Russia—but you won’t hear Trudeau say it
“China is a bigger threat than Russia—but you won’t hear Trudeau say it ”
Fact is, Canada has a big Ukrainian population that hates Putin so there’s lots of mileage in bashing Russia. Not so much in bashing China when there’s a big PRC immigrant population in metro Van and 905. Take a look at who’s in this photo:
Terrible, rats managed to penetrate and infiltrate in the entire grid of the state system.
If we aren’t careful and put a stop to this soon we will begin to lose access to the USA when we are seen as being infiltrated by china and we are viewed as a security threat to the USA.
You clowns are hilarious.
Shut the fuck up. The Pentagon is even preparing for war with China. And you are attacking the interests of Canada and he USA. And you should go on their list of people to watch.
Stop being so ridiculous.
You’re just pissed that I outed you and your sock puppets.
I think we have to mobilize behind the PPC with backing from the USA Military-Intelligence complex.
We must stop this Chinese immigration. That is a complete national security threat to the USA at their border.
Briliant…
“When I look at the opioid crisis, when I look at the housing market in Vancouver, when I look at money laundering—has Canada been, this year, a target of antagonistic state action by China?”
“I would say we have been for some time,” Vance replied. “I mean, I don’t think it’s just this year.”
As of Tuesday, 39% of ballots returned. Less than 1% increase in a day.
At this rate, we will probably have total return rate of around 42%.
Compare that with 60% during last election.
So who isn’t voting? NDP? Did they fail to contact the people on their voter lists?
I know for a fact that liberal voters on voting lists have all been contacted as have the Greens.
So what’s the agenda here?
I think a lot of the Green votes in the last election were Liberal protest votes. But, the Greens will get high turnout for their base of voters. The Liberals are far greater in size so they dwarf the Greens. It really comes down to the NDP base. I think the PR vote is actually an IQ test for them with yes votes being inversely correlated to IQ. So to figure out who wins you have to ask what is the average IQ an NDP voter.
Following that logic, have you been convincing all the BC Liberal’s genius supporters to vote YES to PR?
Economic chill dulls Chinese appetite for some luxury brands
https://app.tmxmoney.com/news/cpnews/article?locale=EN&newsid=f69690&mobile=false
“Consumers are just not as excited about spending that kind of money right now,” said Ben Cavender of China Market Research Group.”
>>> so the chineese get “excited” when spending money? That explains a lot ….
I believe the psychological effects of shopping have been fairly well studied. But keep on persuading yourself that others brains somehow work differently.
Missing panel on new Burnaby highrise shocks mom whose young son was on balcony
https://www.citynews1130.com/2018/12/03/burnaby-highrise-mom-son-balcony/
“Elva Kim with Anthem Properties says this is the first time this has happened and immediate action has been taken. “I feel horrible for what they must have gone through … I’ve assured her that we’re going to get to the bottom of this.”
“It should have been there, and it was missed,” she admitted.
>>> Elva Kim with Anthem Properties feels “horrible”…
okay but how the fcuk does someone miss installing a glass panel on a balcony? These towers are thrown up so quickly and they are being built shoddily.
Majority of Montreal condo investors have negative cash flow: CMHC Linda Nguyen, The Canadian Press, at 09:12 on December 4, 2018 TORONTO – A report by Canada Mortgage and Housing Corp. suggests a majority of landlord investors who bought properties in large, high-rise condominium buildings in downtown Montreal are not collecting enough rent to recoup their operating expenses. The national housing agency estimates that investors who made a 20 per cent down payment on their properties are spending more on mortgage payments, condo fees and property and school taxes than the amount they receive in rental income. The report suggests the owners of 75 per cent of the 375 rented condominiums it examined from Quebec’s property listing service, Centris, experienced negative cash-flow. It found that in this scenario, operating expenses on average, exceeded rent by $385 a month. CMHC noted… Read more »
A multimillionaire developer, Miaofei Pan, has been awarded a paltry $1 for defamation, while earning a healthy scolding from a B.C. judge for his “lack of candour with the court.”
https://www.cbc.ca/news/canada/british-columbia/developer-gets-earful-from-judge-for-evasiveness-wins-1-in-defamation-suit-1.4931063
So this guy is at the least a suspected tax cheat. When will the CRA investigate him? Never. They are too busy auditing waitresses for their tips.
Myth.