Friday free-for-all! November 30th 2018

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!

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southseacompany
Member
southseacompany

“House prices in sharpest drop since global financial crisis and ‘will continue to trend lower'”, ABC News Australia

https://www.smh.com.au/business/the-economy/house-prices-falling-at-fastest-pace-since-the-gfc-20181203-p50jtf.html

“Sydney prices dropped 1.4 per cent in November, bringing the city’s total peak-to-trough decline to 9.5 per cent — almost on par with the previous record fall of 9.6 per cent between 1989 and 1991”

Doomcouver
Member
Doomcouver

More evidence we’re on the cusp of the biggest global credit bust in human history.

Laibach
Member
Laibach

Canada needs to be wary of China

“We think it is very important for Canada to understand how China is operating throughout the world,” Wu told me during a meeting with our delegation in the capital Taipei. “I think the Chinese are also coming into Canada, trying to infiltrate into your domestic-political agenda. That’s the way they tried to infiltrate into Australia, New Zealand and some other countries in Western Europe, but Taiwan is the country that China has infiltrated more seriously.”

https://torontosun.com/opinion/columnists/furey-canada-needs-to-be-wary-of-china-taiwans-foreign-minister-warns

kabloona
Member
kabloona

A peek into the future of Canadian Real Estate, perhaps….????

“Off a cliff: House prices alarmingly close to record-hitting territory” -By Elizabeth Knight – 3 December 2018 — 1:23pm

https://www.smh.com.au/business/markets/off-a-cliff-house-prices-alarmingly-close-to-record-hitting-territory-20181203-p50jty.html

“It’s probably fair to say that Sydney house prices have now officially fallen over the cliff and Melbourne looks to be not too far behind. It has taken almost 18 months for the decline to move into overdrive but we are now getting alarmingly close to record-hitting territory.

It is now overwhelmingly a buyer’s market.

The November property monthly price falls in Sydney are the largest since the peak of the market in July 2017 and have taken the overall devaluation to 9.5 per cent over that period….”

DaMann
Member
DaMann

So all the countries within striking distance of China had a massive RE price increase and now the same countries are all seeing a decline. Yah, China money had no influence on Vancouver… Bloody hell, is plain as day to see it had a pretty alarming effect. Can’t believe people are still in denial.

Joe Money
Guest
Joe Money

The real estate bubble is global.

Prices in all 20 major Canadian cities rose in concert since 2001.
http://www.torontocondobubble.com/p/canadas-housing-bubble.html

Central banks print money, money supply grows, asset pries rise.

Now as as they tighten we are starting to see downward pressure on asset prices. Manhattan, London, most major US cities are seeing sales slump. And China too.

It’s Econ 101.

Laibach
Member
Laibach

They got stuck with Chinese now and peddle the utter bullshit to buy some time.

Trudeau maintains that China is co-operating with Canada to curb fentanyl flow into the country

“It’s a huge fight with China right now, and if you anger the Chinese they won’t work with you,” said a source, who asked not be identified. “The fentanyl coming into Canada is going to get worse. Nothing will happen because we have to satisfy what they (the Chinese government) want.
Chinese officials want the freedom to pursue alleged corruption suspects and financial fugitives in B.C. Among these are a suspect accused of absconding with about $1 billion from a Beijing company. However, a source told Global News that China’s request to send a police liaison to Vancouver was rejected by Canada’s Global Affairs department because of national security concerns. ”

https://globalnews.ca/news/4719220/trudeau-china-fentanyl-g20/

no wonder.
Guest
no wonder.

>if you anger the Chinese they won’t work with you

People said that for the last 20 years. Then Trump came, pissed the off like no one else ever before, and they are caving to his demands.

Dave
Member

Yes and Trump got them to finally do something about fentanyl. Good work Justin for sitting back and doing nothing.

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

They’ve done nothing yet.

And either way the drug is arriving by mail. So part of the responsibility is on destination countries to screen their mail. Addressing the demand side would also help.

Laibach
Member
Laibach

Over 1M personal envelopes and packages from Mainland China arrives in Canada Post Pacific Processing Centre at YVR every single day. You draw a conclusion but only extreme measures can put up with extreme shit.

PS. Can’t get you a cell of person who works there to verify information due to confidentiality.

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

I’m not sure what you’re trying to say.

Laibach
Member
Laibach

Never mind, it is apparently hard to understand given your comprehension abilities but perhaps screening millions and millions of items that come from China on a daily basis would be a bit of drag although not impossible.

Best place on meth
Member
Best place on meth

No need to screen, just burn.

The shit will stop coming.

Laibach
Member
Laibach

I am impressed how you cunningly shift responsibility from China to Canada when it comes to fentanyl business although we all know who is on the both ends of this fruitful franchise.

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

I’d say that a country should take some responsibility for what happens within its own borders, yes. Aren’t you clowns the ones always bleating about border controls?

Best place on meth
Member
Best place on meth

Send all 1M packages each day directly into a giant incinerator.

YVR
Guest
YVR

“They’ve done nothing yet.”

Except lick Trumps boots and beg him to hold off on the tariff increase while promising to take immediate action on all Trump’s demands. You are correct the Chinese a lying scum bags who cannot be trusted but they have hardly given nothing yet. Trump has them cornered and they will submit. The question is do they do it the hard way or the easy way. I think Trump actually prefers the hard way just to watch China’s economy collapse into a depression.

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

You’ll need to provide a source for the boot-licking and begging, I’m afraid. I stopped reading your post right there because you’re clearly not living in the real world.

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

Yeah, I don’t click deliberately masked links either. I’ll just assume you have no good response and that you’re debating like a child as usual.

Canada is for Canadians
Guest
Canada is for Canadians

Why not let them come to Canada and pick up their garbage? And It saves us the trouble.

Hyper-mega-Bull
Member
Hyper-mega-Bull

china is killing thousands of canadians every year and MAY stop if we obey their commands.

well, here’s something we can do. extreme vetting of everyone who comes here from china. that will solve china’s problem going forward:

>Chinese officials want the freedom to pursue alleged corruption suspects and financial fugitives in B.C.

and stop the drug traffickers from coming here in the first place.

Laibach
Member
Laibach

That would be an ultimate solution, including shipping lots of garbage back, but would hardly pass legislation.

Best place on meth
Member
Best place on meth

No, the ultimate solution would be ban everyone and everything from that evil shithole.

DaMann
Member
DaMann

“Chinese officials want the freedom to pursue alleged corruption suspects and financial fugitives in B.C. ”

How on earth is this a bad thing? Let them!!! Just have any Chinese official shadowed by RCMP, but then let them hunt away. Who are the Liberals protecting? Oh right, major Liberal party donors maybe?

God it’s amazing how much influence the Chinese have had on this city. and not in a good way. Some good, most not

Laibach
Member
Laibach

Yep, they treated Vancouver like the fancy bordello. Paid a bit to get laid but then raped whatever they could.

Oracle
Guest
Oracle

The dumb social justice warriors in Canada will probably defend Trudeau…

Jesus
Guest
Jesus

I usually vote left wing locally and provincially but conservative federally. I can’t stand Trudeau. He’s a two faced liar. Immigration needs to be severely curbed. The fentanyl crisis has got the white boys in charge blaming everything and everyone, including doctors, victims, except themselves and their Chinese lords.

patriotz
Member

“How on earth is this a bad thing?”

Because Chinese officials have complete contempt for human rights and our sovereignty (as we’re constantly reminded of on this forum) and they label anyone on the wrong side of the Emperor as “corruption suspects and financial fugitives”.

YVR
Guest
YVR

“Because Chinese officials have complete contempt for human rights”

I will repeat. How on earth is this a bad thing? Treat rats like rats.

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

Strange that after your attempted defence of our democracy yesterday you won’t apply the same energy to the concept of presumed innocence, as that goes back even further.

YVR
Guest
YVR

If someone commits a crime in another country they are subject to the justice system there. I’m fine with that. Just like I am fine with Norway keeping its PR system without us interfering in it.

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

You think Canada should be in the business of letting other countries apply their laws within our borders? Absurd.

Best place on meth
Member
Best place on meth

Moron, he said “If someone commits a crime in another country”.

That means the crime was not committed within our borders.

You still can’t speak, comprehend or understand basic English so piss off already.

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

Pay attention, dumbass. The topic being discussed was Chinese authorities being able to operate within Canada.

http://vancouvercondo.info/2018/11/friday-free-for-all-november-30th-2018.html#comment-343700

Engage your brain in future before bashing away at the keyboard, please.

YVR
Guest
YVR

The laws would be applied in their borders where the crimes were committed. I would be fine with jailing them here if our government would take action. Do you have a preference on which prison you want to spend the rest of your life in?

Best place on meth
Member
Best place on meth

Anyone with millions of dollars who deserts china and comes to Canada is suspicious.

Laibach
Member
Laibach

Very good point, those with true professions, some English language skills and without money (maybe 10K) are real immigrants, like immigrants from any other country, expecting to work, contribute, pay tax and accept Canada as their country. The rest from China is just fucking nuclear garbage.

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

I have a better idea. What if China tells us who they’re interested in and what crimes they’re accused of. Additionally, they give certain assurances that the accused will be treated fairly. After due consideration of the circumstances Canada then agrees, or not, to hand them over?

Bag it and tag it
Member
Bag it and tag it

Wait, what? Are you saying you don’t trust the Chinese gov’t?

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

Dumbass, I’m saying there’s already a process that works.

Bubble
Guest
Bubble

Aussie’s housing bubble popped:
https://www.youtube.com/watch?v=_wTzMKV-BhQ

Doomcouver
Member
Doomcouver

Now it’s just a matter of how big the peak to trough will be. Price supports are way below current valuations. 50-75% off is where you’d see real market price supports. Likely closer to 75-85% off in Sydney and other major Aussie cities.

Oracle
Guest
Oracle

You really think 85% off? Hahaha. You’re such a troll.

Laibach
Member
Laibach

Oracle, calm down. Nobody knows how much it will fall and will it fall at all, or whatever. These numbers are told as numbers that would take wild markets as Vancouver for example, to get closer to something that would make sense with local incomes and economy. Even with such drop housing still be way much expensive compared to the rest of the western countries regardless of immigration, students, their parents, astonaut’s housewives, multigenerational (5) families and other crap invading this areas.

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

Are you one of those fools who believes that a first time buyer with an average income should be able to afford a premium house in a sought-after neighbourhood with 5% down and it should still be cheaper than renting whilst including mortgage principal as an expense?

Probably.

Best place on meth
Member
Best place on meth

Nobody ever said that, you lying dirtbag.

I see that you and the Guardian are equally good at lying and making shit up.

God, you’re a pig.

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

Dickhead, I never accused him of saying that. Did you see that squiggle at the end of the sentence? That’s a special piece of punctuation that denotes a question.

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

TRAITOR Pig?

SIDA’s new handle

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

I really do pity you.

It’s a good job you inherited that money.

Doomcouver
Member
Doomcouver

No, but people with average incomes should be able to afford an average house in a less than sought after neighborhood. The real issue here is the housing bubble has made every neighborhood “sought-after”. Also, buying being cheaper than renting is more likely than you think after a housing crash. Especially since people rush en masse to rentals when housing prices implode. It happened in many cities in the USA and it could easily happen in Canada/Australia/etc..

Laibach
Member
Laibach

Right, you are a pig, a fucking shameless pig that managed to expose itself in the full frontal in the past while. All I said is that those 70-90% drops would be required to get us close to fundamentals somewhat related to local economy, douchebag. Meaning that a first time buyer with average income should be able to buy a 1 or 2BR apartment in a 25 years old building in New West or Burnaby or Richmond and not to spend 95% of household income on a mortgage. However a doctor, senior manager, lawyer, pilot, general should be able to do the upgrade and after 15 years of work to afford 3BR apartment in core downtown or a house on the West side and still have a disposable income to conduct decent lifestyle. Moron!

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

Nobody is spending 95% of their income on a mortgage. You’ve clearly never applied for one.

And now you’ve increased the top end of your required price drop to 90%? You think what’s current a $4m house should sell for $400K? Hilarious. What on earth do you think that property should rent for?

It’s time to consider the possibility that you suck at math.

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

Fuck off TRAITOR!

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

Strong counter-argument.

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

+1 on the fucking pig part.

Doomcouver
Member
Doomcouver

Go look at the inflation adjusted price chart for house prices in Sydney. Adjusting for inflation, 75% off is what a home was worth in the 1960s, 85% was what a home was worth in the 1950s. I guess you can pretend that house prices will permanently detach themselves from traditional ratios of affordability, and if you do that the bull case would be logical. But with extremely toxic demographic and credit factors in the mix, that’s a loser’s bet.

Stratahacker
Guest
Stratahacker

No. Your bet is the loser bet, Doom. So far.

paulb
Member

New
150
Price Change
74
Sold
77
TI:12497

http://www.clivestevepaul.com

bullwhip29
Guest
bullwhip29

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

Canada is for Canadians
Guest
Canada is for Canadians

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.

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

Myth.

patriotz
Member
patriotz
Member
Canada is for Canadians
Guest
Canada is for Canadians
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 »
Canada is for Canadians
Guest
Canada is for Canadians

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.

Canada is for Canadians
Guest
Canada is for Canadians

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 ….

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

I believe the psychological effects of shopping have been fairly well studied. But keep on persuading yourself that others brains somehow work differently.

Oracle
Guest
Oracle

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?

Dave
Member

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.

Selective Memory
Guest
Selective Memory

Following that logic, have you been convincing all the BC Liberal’s genius supporters to vote YES to PR?

Hyper-mega-Bull
Member
Hyper-mega-Bull

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.’

https://www.macleans.ca/news/canada/chief-of-defence-staff-jonathan-vance-on-what-china-is-doing-to-canada/

Laibach
Member
Laibach

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

https://www.macleans.ca/politics/ottawa/china-is-a-bigger-threat-than-russia-but-you-wont-hear-trudeau-say-it/

patriotz
Member

“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:

https://www.theglobeandmail.com/politics/article-security-experts-question-political-influence-of-toronto-developer/

Laibach
Member
Laibach

Terrible, rats managed to penetrate and infiltrate in the entire grid of the state system.

Canada is for Canadians
Guest
Canada is for Canadians

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.

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

You clowns are hilarious.

Oracle
Guest
Oracle

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.

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

Stop being so ridiculous.

You’re just pissed that I outed you and your sock puppets.

Oracle
Guest
Oracle

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.

Laibach
Member
Laibach

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.”

Joe Money
Guest
Joe Money

“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.”

Canada is for Canadians
Guest
Canada is for Canadians

Yup. Lot’s of malinvestment going on.

StupidityCheck
Guest
StupidityCheck

Absolutely. Although, I think the main reason is massive global wealth and income inequality.

JT sucks
Member
JT sucks

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?

kabloona
Member
kabloona
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 »
Simple Solution
Member
Simple Solution

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

franko
Member
franko

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.

xyz
Guest
xyz

…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.

Canada is for Canadians
Guest
Canada is for Canadians

“… 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 ….

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

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.

Simple Solution
Member
Simple Solution

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.

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

Do you donate to charity?

Watcher
Guest
Watcher

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.

realist
Member
realist

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

southseacompany
Member
southseacompany

“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,””

southseacompany
Member
southseacompany

“Metro Vancouver housing slowdown continues unabated”, Georgia Straight

https://www.straight.com/news/1173176/metro-vancouver-housing-slowdown-continues-unabated

southseacompany
Member
southseacompany

“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”

southseacompany
Member
southseacompany

“Metro Vancouver home sales and prices down to more ‘historical’ levels: board”, Financial Post

https://business.financialpost.com/real-estate/metro-vancouver-home-sales-and-prices-down-to-more-historical-levels-board

“‘Wait-and-see’ positioning by buyers has brought prices down 4% to 7%”

southseacompany
Member
southseacompany

“Vancouver home sales hit 10-year November low”, News 1130

https://www.citynews1130.com/2018/12/04/vancouver-home-sales-november-low/

southseacompany
Member
southseacompany

“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.””

Laibach
Member
Laibach

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.