Friday Free-for-all! December 21st 2018

It’s the end of another week and that means it’s time for another Friday free-for-all, our regular open topic discussion thread for the weekend.

So what are you seeing. out there? Post your news links, thoughts and market anecdotes in the comments here and have an excellent weekend!

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paulb
Member

New
42
Price Change
26
Sold
56
TI:11022

http://www.clivestevepaul.com

VancouverModel
Guest
VancouverModel
bullwhip29
Guest
bullwhip29

Charges stayed in another major B.C. international crime case
https://vancouversun.com/news/crime/charges-stayed-in-another-major-b-c-case

Best place on meth
Member
Best place on meth

Chinese again.

How do they keep getting away with this?

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

Of course they’re Chinese – that’s the only criteria for posting a link here, duh.

Best place on meth
Member
Best place on meth

Smuggling fentanyl into the country to murder Canadians and then laundering the blood money in real estate to make even more Canadians homeless seems pretty relevant to the blog.

Based on your history of comments I can see why you don’t want this topic discussed.

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

Where did I say I didn’t want the topic discussed, liar?

I’m simply saying you’re an uneducated dumb fuck who does not understand selection bias. Which is clearly a true statement.

Laibach
Member
Laibach

Any charges against them would be argued as racist hence there is no point of charging them. They can do whatever they want and get away with it.

Oracle
Guest
Oracle

Looks like Weaver is not going to topple the government.

He is happy with LNG and Site C.

He is proud that he got the spec tax backtracked.

Unbelievable. This guy was a snake all along.

In the Vancouversun.

Best place on meth
Member
Best place on meth

So we get 2 more years of NDP?

Fuck you Wilkinson!!!

Canada is for Canadians
Guest
Canada is for Canadians

Burnaby RCMP helping to investigate alleged vote-buying on Chinese app

https://www.burnabynow.com/news/burnaby-rcmp-helping-to-investigate-alleged-vote-buying-on-chinese-app-1.23462589

“… appeared to ask the 347 members in its private WeChat group to vote for certain candidates in the coming elections and offered a $20 “transportation subsidy.”

>>> this was back in October and no charges have ever been laid for this offense …

southseacompany
Member
southseacompany
“Quantitative tightening is already rattling markets worldwide”, National Mortgage News https://www.nationalmortgagenews.com/articles/quantitative-tightening-is-already-rattling-markets-worldwide “Chairman Jerome Powell reiterated the notion that the Federal Reserve would remain on auto pilot when trimming its $4 trillion portfolio, and investors dumped equities in response.” “The tension may prove even more consequential in 2019 now that the European Central Bank is stopping — though not yet unwinding — asset purchases. Bank of America Corp. analysts say liquidity from the developed world’s four major central banks will contract by $200 billion next year, driving volatility in the riskier markets that thrived under quantitative easing.” “The liquidity drain is potentially destabilizing for risk markets because central banks are removing cash that was cheap to borrow and invest in high-yielding assets, including in emerging economies. Some analysts argue that so-called quantitative tightening is behind the recent selloff in equities and… Read more »
Canada is for Canadians
Guest
Canada is for Canadians

My feeling is Trump and US politics are more to blame for the recent market turmoil than QT is. QT has been happening for over a year now and the markets for the most part have been able to absorb it. But trade wars with China, government shutdowns, Trump threatening to fire Powell, and whatever else, have taken a toll on confidence.

southseacompany
Member
southseacompany

“Drop in Vancouver home prices expected to shave off $10 billion in equity”, The Star Vancouver

https://www.thestar.com/vancouver/2018/12/27/drop-in-vancouver-home-prices-expected-to-shave-off-10-billion-in-equity.html

“After years of skyrocketing values in Vancouver, owners of homes worth millions will see the value of their properties drop by about 10 per cent this year, representing about $10 billion in total lost equity.”

southseacompany
Member
southseacompany

“First-time buyer numbers diminishing in real estate market: B.C. notaries”, Burnaby Now

https://www.burnabynow.com/sports/first-time-buyer-numbers-diminishing-in-real-estate-market-b-c-notaries-1.23564520

“There are fewer first-time buyers in the real estate market this year, according to a new survey of B.C. notaries – and they say the top factor affecting the market is the mortgage stress test.”

“Regarding first-timers who did enter the housing market, 83 per cent of notaries said the buyers were getting some help with their down payment from family. This is up from 57 per cent in 2015.”

KickThemOut
Member
KickThemOut

How fitting, rat found in soup – https://vancouversun.com/news/local-news/owner-of-trendy-vancouver-eatery-deeply-sorry-about-rat-in-soup

Look at how the locust owner try to squirm its way out of this.

eddy
Guest
eddy

are you stupid or what? have you read the article itself?

Canada is for Canadians
Guest
Canada is for Canadians

Patients warned after man poses as Vancouver surgeon, asks for deposits

https://www.citynews1130.com/2018/12/27/patients-warned-after-man-poses-as-surgeon-asks-for-deposits-outside-hospital/

“Dr. Nguyen Nguyen,” has been advertising online.

>>> where does he perform his “operations”? In his basement in Delta? LOL…

bullwhip29
Guest
bullwhip29

Richmond MLA Teresa Wat delivered a speech about the B.C. government’s apology to Chinese Canadians for historical discrimination on Speak to the World, a TV show aired by Chinese state-owned national television broadcaster, China Central Television (CCTV), earlier this month, where 60 foreign citizens of Chinese origin told their stories to “highlight the brilliant achievements and outstanding demeanour of the Chinese on the world stage”
https://www.richmond-news.com/news/richmond-mla-teresa-wat-delivers-lecture-on-china-central-television-1.23562684

>>> if someone spoke like this about the Chinese government they would be executed on the spot…

Laibach
Member
Laibach

Another planted agitprop working for the Central Politburo. How do they get space here to push their national agenda without even being questioned?

And if those rules that she complains about more or less stayed we wouldn’t have today’s clusterfuck with society, culture, corruption, taxation, and social stratification. They weren’t there for nothing, some people were smart enough to see where it will go and what disaster would happen.

Best place on meth
Member
Best place on meth

T-Wat is more interested in bitching about the bad things Canada did to chinese 100 years ago than the worse things china does to chinese today.

She should be speaking against the communists on Canadian TV, not speaking against Canada on communist chinese TV.

xyz
Guest
xyz
crabman
Member
crabman

When reality and racism intersect, you can make reasonable comments. Otherwise, your comments are pretty idiotic.

YVR
Guest
YVR

As opposed to your comments which are always idiotic?

crabman
Member
crabman

For example?

YVR
Guest
YVR

“Your comments” should be self explanitory.

Best place on meth
Member
Best place on meth

“explanitory.”

Typo police are on the way.

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

Why attack a typo? Everybody makes them. But the missing hyphen is clearly an indication of low intelligence. A bit like confusing complement and compliment, I suppose.

Laibach
Member
Laibach

When the whole fucking being is based on fraud, deception, lies and fakery. Fake names, fake titles, fake identies, fake life, fake people. The screwed system full of puppets and pigs all the way up to the chain. And yet we got attached to that misery so badly.

Will Huawei’s Real Leader Please Stand Up

https://www.bloomberg.com/opinion/articles/2018-12-27/huawei-s-rotating-leadership-sows-confusion-after-meng-arrest

kabloona
Member
kabloona

Good one….. 🙂

bullwhip29
Guest
bullwhip29
kabloona
Member
kabloona

“Drop in Vancouver home prices expected to shave off $10 billion in equity”

https://www.thestar.com/vancouver/2018/12/27/drop-in-vancouver-home-prices-expected-to-shave-off-10-billion-in-equity.html

By Jen St. Denis StarMetro Vancouver
Thu., Dec. 27, 2018

“VANCOUVER—After years of skyrocketing values in Vancouver, owners of homes worth millions will see the value of their properties drop by about 10 per cent this year, representing about $10 billion in total lost equity.

That’s according to Paul Sullivan, a partner at property appraisal firm Burgess, Cawley, Sullivan and Associates. And Sullivan is blaming the decline on one culprit: a new provincial tax aimed at homes worth more than $3 million. It collects 0.2 per cent of the assessed value between $3 and $4 million, and 0.4 per cent of the value over $4 million…”

Laibach
Member
Laibach

“This is a wealth tax. This is the NDP; they are trying to crush anyone who has money.”

In mid-December, Vancouver City Council passed a motion to ask the province to rescind the tax after dozens of homeowners protested at city hall and told council how the tax would affect their ability to use their home equity to fund their retirement or business.

Somerville agreed with Sullivan that the provincial surcharge was a “wealth tax.” But he equated the enormous run-up in home equity over the past few years to “gold dropped on you from the sky.”

This problem would never exist if governments have banned Chinese to go amok on RE in the past 25 years. The city would remain yet another livable, mid-size, decent western city otherwise, we got a monster.

YVR
Guest
YVR

The most a 0.2 to 0.4% tax will have on the property values of $3 mil plus homes is the value of the tax. Nothing in the scheme of things. Adds up to about 2% of a $7 million home over 10 years. Nothing for HAM. Less than a RE commision on a flip.

The CoV is agaist the tax for two reasons. First it cuts into their future property tax revenue stream and the CoV gets none of it. Second politically they may as well be on record as opposed since it is only CoV civic voters who are getting taxed.

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

Nope fake news. In fact it was the largest pay raise in 10 years in dollar terms. In other words there has never been more money paid out for a military raise in the pst 10 years. The fake news tries to change it to percent then claim Trump is lying. Trump said nothing about percent. He said largest which is correct. This is how fake news works. Another perfect example of fake news SIDA falls for.

Royce McC
Guest
Royce McC
YVR said: “In fact it was the largest pay raise in 10 years in dollar terms.”… “Trump said nothing about percent. ” A direct quote from Trump in the above link: “They had plenty of people that came up. They said, ‘You know, we could make it smaller. We could make it 3 percent. We could make it 2 percent. We could make it 4 percent.’ I said, ‘No. Make it 10 percent. Make it more than 10 percent.’ Because it’s been a long time. It’s been more than 10 years. It’s been more than 10 years.” Also, in the first 25s of this video, there is the footage of him saying these things: https://www.youtube.com/watch?v=XMdRXN-8KDA Are suggesting that the above is a misquote (and faked video)? I mean, you are either wrong or the quotes are being fabricated. I don’t… Read more »
YVR
Guest
YVR

You are quoting Trump on what he asked congress for. Like he is asking congress to fund the wall. He did not get the 10% he asked for. Congress makes the budget. The president approves it or vetos it. What Trump got was the largest pay raise in 10 years in dollar terms. It was the largest innpercentage terms in 9 years. If you want to comment at least learn the basics of how the US works. You and SIDA are making a fools of yourself like usual.

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

The amounts Trump requested in both 2018 and 2019 are on the article I linked, along with the relevant process. Stop lying.

You’d do yourself a huge credit by admitting his error as well as yours. You don’t get the right to shriek “fake news” when you willfully ignore facts like this. What a joke you are.

Royce McC
Guest
Royce McC

You said that he didn’t say what he had in fact said. End of story. Everything else is obfuscation or word salading. Own it.

Also, to clarify: I have no dog in this race. I think you’re all jokes – both the blindly loyal Trump cheerleaders and the people who reflexively hyperventilate and hate on everything Trump does. You deserve each other.

YVR
Guest
YVR

Man you guys like a beat down. It was fake news. End of story. The more you defend it the more you make youself look like fools. Posting more links to fake news is not going to help.

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

I understand how eager you are to declare a swift victory and end the discussion. Unfortunately for you the argument you put forward is wholly inconsistent with the quotes we have – this has been pointed out to you by multiple people. It’s not the first time he’s made such a claim, either, so it’s not possible to attribute this to his general inability to communicate like an adult.

You’ve lost this round, I’m afraid, despite your enthusiastic creation of an alternate reality in which he said something completely different. Why are you so unable to admit his and your mistake?

crabman
Member
crabman

Royce, translated:

“I’m above all of this childish bickering. Also, you’re all a bunch of idiots!”

Royce McC
Guest
Royce McC
@crabman: I still come here because this place manages – sometimes – to function as a bit of a timely clearing house for articles related to real estate, particularly for the Lower Mainland/ BC area. That’s useful. The rest of what goes on here… not so much. The reflexive hate here is bad enough, but it attains extra suck-age because it’s just a bunch of staggeringly lazy slogans and labels repeated over and over again. “fake news!”, “racist!”, “AIDS!”, “tRump!”, etc. If pointless s–t flinging that’s made worse because it’s spectacularly unoriginal is your bag, then carry on. You might rarely get someone outside of the 4-5 you who do this ad nauseum to bite (see: me doing it right now), but is that really worth all of the time you guys devote to it? Anyways, have at it if… Read more »
Best place on meth
Member
Best place on meth

“Anyways, have at it if you want. I’m done.”

You have a point Royce, sometimes it’s hard to play nice when you have one fucker who continuously instigates, agitates, name calls and just lives to piss people off and trash the blog.

Speaking of that asshole, I’ll promise never again to use the acronym AIDS to describe him if you stick around.

That’s my resolution to VCI.

Happy New Years!

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

You’re totally the victim here.

YVR
Guest
YVR

“Im done”

Okay thanks but please keep you promise this time. You have been “done” before if I recall.

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

Yes, confronting and standing up against racism is totally worth the time to me. If you think the constant use racial slurs should be accepted, tolerated, or otherwise ignored then I truly pity you. Real estate is no longer the topic here.

YVR
Guest
YVR

“Real estate is no longer the topic here”

Who started the fake news post on Trump for the third time on the same thread? Nothing to do with RE or racism. You seem to have a paranoia.

crabman
Member
crabman

Good points. I’m done, too.

YVR
Guest
YVR

Thanks.

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

He said it was 10 percent, and the first one in 10 years – not the largest. Stop being a prick.

Oracle
Guest
Oracle

Dude, YVR way smarter than you. You look ridiculous trying to debate him.

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

YVR is a liar. And so are you.

Oracle
Guest
Oracle

Hahaha.

Whenever I see you 2 back and forth, it’s clear you are not in the same league. I bet you have a Huawei in your pocket too.

Amateur.

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

You’re right. I have irrefutable facts and YVR has his silly games. Definitely not the same league.

Perhaps, Oracle, you could explain where the article I posted was wrong or, alternatively, how YVRs lies are consistent with the in-context quotes we have. You’ll surely do neither. But I don’t blame the uneducated racists for trying to stick together like a pack of rabid hyenas, mutual support is really the only thing they have left. Expect Whistler to spring into action and declare a winner soon.

YVR
Guest
YVR

More fake news by NBC

The liberal news outlet admitted in an extended editor’s note that “the thrust of this article is no longer correct.” NBC also adjusted the headline to: “Trump becomes first president since 2002 not to visit troops on or before Christmas.” The president and first lady left Wednesday night to visit the troops on Thursday.

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

Changing the subject? You sound desperate.

bullwhip29
Guest
bullwhip29

B.C.’s population passes 5 million, thanks to high international migration numbers
https://www.cbc.ca/news/canada/british-columbia/b-c-s-population-passes-5-million-thanks-to-high-international-migration-numbers-1.4960225

Statistics Canada reported strong immigration levels, an increase in refugee claimants and the arrival of a large number of non-permanent residents, many of whom are work and study permit holders

YVR
Guest
YVR

“Statistics Canada reported strong immigration levels, an increase in refugee claimants and the arrival of a large number of non-permanent residents, many of whom are work and study permit holders“

In other words “locals”.

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

Strong immigration levels and weakening prices.

Oracle
Guest
Oracle

Rents exploding you fool.

Prices weakening due to China outflow controls and tighter mortgage qualification.

BTW, when you heading back to China?

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

How can immigration put upwards pressure on rents if all the new arrivals are students and grandparents? I mean that’s your narrative, no? Rents are a function of incomes.

Oracle
Guest
Oracle

Do you think students live on the street during school and work full time?

Make sure YVR doesn’t start debating you. You won’t even have a shirt left on your back.

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

I see you’re abandoning half of your argument already. Are immigrants a net financial drain or not?

paulb
Member

New
37
Price Change
31
Sold
103
TI:11177

http://www.clivestevepaul.com

Canada is for Canadians
Guest
Canada is for Canadians

Trump mulls executive order that would ban companies from using Huawei, ZTE: Reuters

https://globalnews.ca/news/4795653/donald-trump-executive-order-ban-companies-huawei/

“U.S. President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar U.S. companies from using telecommunications equipment made by China’s Huawei and ZTE, three sources familiar with the situation told Reuters.”

>>> I’m not a big Trump fan but he’s on the right track with this one …

Laibach
Member
Laibach

Right, as long as it isn’t a bargaining chip? You never know with hustlers like Trump.

YVR
Guest
YVR

Even if it is a bargening chip, Trump is using it to try to get China to act honestly in trade. Not going to happen but at least Trump is giving them a chance before he crushes them. China’s choice. Lets hope Trudeau understands.

Best place on meth
Member
Best place on meth

“Trump is using it to try to get China to act honestly in trade.”

More like trying to expose and highlight their dishonesty. Everyone knows those fucks are incapable of honesty.

Best place on meth
Member
Best place on meth
This is what happens when you do business with evil barbarians. https://www.africanstand.com/news/africa/east-africa/china-to-take-over-kenyas-main-port-over-unpaid-huge-chinese-loan/ Kenyan government risks losing the lucrative Mombasa port to China should the country fail to repay huge loans advanced by Chinese lenders. Also at stake is the Inland Container Depot in Nairobi, which receives and dispatches freight hauled on the new cargo trains from the sea port. Implications of a takeover would be grave, including the thousands of port workers who would be forced to work under the Chinese lenders. Management changes would immediately follow the port seizure since the Chinese would naturally want to secure their interests. The Auditor General has warned that the eventuality is likely because of a lopsided loan agreement that greatly favours the China Exim Bank, who advanced Kenya the loan. Specifically, Kenya got the short end of the stick in the agreement… Read more »
Egg Hunt
Guest
Egg Hunt

Sri Lanka and Moldiv’s ports are already taken by Chinese government in exactly same method.
Loaned to “support their infrastructure” backed by Chinese technology and finance power.
Those sall countries unable to pay set interest, agreed between corrupt official and Chinese reps.
Too late when they know most important part of thie land.

Laibach
Member
Laibach

Yet another colonization method. Loan sharks of the worst kind on one side and not necessarily cleverest or experienced clients on the other. This is sad but somewhat understandable, Kenyans did it out of desperation but what made Canada sell the country out to scum if nothing but greed and stupidity of those who were in charge.

Oracle
Guest
Oracle

China is heading towards war. Make no mistake about it.

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

Come on, SIDA, everyone KNOWS the media is super-liberally biased! That’s why they spent so much time obsessed with Hillary’s emails! Because that was a really important story…

YVR
Guest
YVR

John Avlon is a CNN senior political analyst and anchor.

I stopped reading after the first 5 paragraphs of hatred and fake news. The fact CNN employs such an “anchor” and allows him to write commentary which is fake tells you everything you need to know about CNN. That was the best article SIDA could come up with to prove CNN is not fake news? Even John Avlon knows he is an arm of the demoratic party knowingly spreading fake news. He wouldn’t have a job with CNN if he said anything different. SIDA has yet to figure it out.

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

Note that once again you’re just screeching “fake” without providing valid reason. I know of somebody else who does that.

YVR
Guest
YVR

Fake: something that is intended to look like and be mistaken for something else, esp. a copy made in order to deceive.

Fake news is commentary in guise of news with made up facts or omitted facts. Sad part is you fell for it. You were deceived.

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

So you missed the word “opinion” in both the URL and the page title, then? Unsurprising.

It’s time to face the fact that “fake news!” is just an infantile war cry, a substitute for genuine debate, not an accurate depiction of reality.

Best place on meth
Member
Best place on meth

Yes it is, right from the very first bullshit, fake, made up opinionated line.

“President Donald Trump ends his second year in office isolated and under siege.”

That’s the picture those assholes at CNN have been trying to paint every day for 2 years.

But what do you expect from someone like this, actual facts?

“John Avlon is a CNN senior political analyst and anchor. The opinions expressed in this commentary are his own.”

CNN is 90% opinion, 10% facts and 100% biased.

crabman
Member
crabman

@false flag on meth

When Mattis resigned, he basically said tRump doesn’t believe in American values, and he can’t continue working for him. There are 17 active investigations against his campaign/administration/businesses/foundation. His tweets are unhinged. His lie frequency is accelerating. But saying he’s isolated and under siege is fake news? You. Are. An. Idiot.

Best place on meth
Member
Best place on meth

Mattis was MIC all the way.

Good riddance to him.

crabman
Member
crabman

Everyone that criticizes Dear Leader is the enemy?

Best place on meth
Member
Best place on meth

Actually Trump is doing a miserable job draining the swamp with respect to his cabinet members being tied to defense contractors.

https://bpr.berkeley.edu/2017/04/05/the-military-industrial-kleptocracy/

No wonder Mattis wanted to keep the war going in Syria, he makes a lot of money being on the boards of weapons makers.

I wonder if his permanent replacement will be any less shadier, because the interim guy certainly isn’t.

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

It’s funny how they never raise these criticisms earlier, isn’t it? They have to wait to be told what to think.

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

Where did this article claim to be anything other than opinion? You reallly are confused, and miss the point once again. No wonder the world makes no sense to you.

Best place on meth
Member
Best place on meth

I agreed with your comment “More radical left-wing propaganda:”

Sorry you didn’t understand that, it’s actually quite simple.

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

It’s really hard to accuse people of being fake and biased when they’re posting complimentary opinions, isn’t it? I suppose you felt compelled to give it a try, though.

I’d actually add another item to the list, namely the billion plus dollar grant for quantum computing research.

Best place on meth
Member
Best place on meth

It’s nothing more than a crumb being tossed out, a sad attempt to appear ‘balanced’. It’s pathetic so see these ‘complements” mixed in with the usual petty insults and raging, blind hatred of the president. Utterly childish writing.

Perhaps you were trying to be sarcastic with your original comment and it backfired.

That’s ok, it happens to ESL folks.

crabman
Member
crabman

FFOM expects balanced coverage of an unbalanced president. Otherwise, it’s unfair liberal bias! When did conservatives become such whiny victims??

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

Your delightful stupidity is like the gift that keeps on giving – it’s “compliments”.

But that’s ok, it happens. Right?

Best place on meth
Member
Best place on meth

Ooh, I made a typo.

You need all the gifts you can get, who else would pounce so gleefully on a fucking typo?

No comment on the substance of what I wrote, but then you’re the cunt who loves to accuse others of changing the subject.

Never mind, back to your shiny object.

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

Typo? You don’t understand the language. And that’s not my fault. Nice try, though.

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

SIDA once again owned like a little bitch.

Happy New Year from Whistler.

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

I got owned by a fool who calls somebody ESL and yet doesn’t know the difference between compliment and complement? Of course.

It’s never too late for you to get that education. Make it a resolution?

Laibach
Member
Laibach

Will the shit start all over again? Lots of locust swarming around Holt and Nordstrom today. They just show up out of nowhere in crazy numbers, like roaches when lights go off.

Chinese demand for offshore property investment will rebound – with or without a trade war

https://www.scmp.com/comment/insight-opinion/united-states/article/2158517/chinese-demand-offshore-property-investment

bullwhip29
Guest
bullwhip29
imho Canada will remain one of the least bad options to park money, vacation, get an education and so forth. despite frustration with the Cdn govt re. Meng Wanzhou, many chinese are beginning to understand that the US is primarily responsible for the current $hitstorm that has developed and that Canada has somehow gotten stuck in the middle (likely by design). if you consider the likelihood that the Cdn economy falters even more sending an already wobbly looking loonie even lower (ie. into the 60’s) , the BoC won’t have any cards to play for the foreseeable future. add to this the fact that the BC NDP/Greens are skating on paper thin ice, one could make a plausible case that real estate buyers from here and a far who have cash to burn may re-emerge in the next 6-12 months… Read more »
Oracle
Guest
Oracle

Foreign Indian students gonna drive the valley to new heights in the coming years.

Each of these students will sponsor their parents, grandparents, and siblings. Then the spouse and their family. Hence, the search for detached further and further out.

These students coming from India are the rich kind. You can’t get a visa from India if you are poor.

I’m not being a pumper but just saying it like it is. The next 2 years might be the last time to buy in the valley for the next 2 decades.

Bubble
Guest
Bubble

Where is valley and why people want live there, more jobs?

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

How many people did you sponsor, roughly?

Best place on meth
Member
Best place on meth

Canadian surveillance plane buzzed by Chinese off North Korea, DND reveals…….Chinese crews flew too close to Canadian aircraft – and used ‘inappropriate language’

https://www.cbc.ca/news/politics/chinese-korea-embargo-aircraft-buzzed-harassment-1.4953093

A Canadian military surveillance aircraft monitoring United Nations sanctions was harassed in international airspace off North Korea by the Chinese military — part of “a pattern of behaviour that’s inappropriate,” Canada’s top military commander said Wednesday.

The incident involving a CP-140 Aurora, which has since returned home, took place in October as allied nations monitored the sea lanes for cargo ships and tankers intent on violating embargoes imposed on North Korea by the UN Security Council.

YVR
Guest
YVR

Has Trudeau said sorry yet?

Laibach
Member
Laibach
Best place on meth
Member
Best place on meth

Nice hare.

Damn! Another typo!

southseacompany
Member
southseacompany

“Bank of Montreal (TSX:BMO) Just Declared a Housing Bubble: Is a Crash Coming?” Motley Fool

https://www.fool.ca/2018/12/25/bank-of-montreal-tsxbmo-just-declared-a-housing-bubble-is-a-crash-coming/

““Let’s drop the pretense,” says Douglas Porter, the chief economist at Bank of Montreal. “The Toronto housing market, and the many cities surrounding it, are in a housing bubble.””

“Swiss-based UBS Group AG recently released its Global Housing Bubble Index, which ranked Toronto and Vancouver in the top five international cities likely to be in bubble territory.”

Oracle
Guest
Oracle

The big banks realize if they don’t pop the bubbles, then their immigration agenda to grow their businesses will be dead in the water.

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

You’ll have to show us an example immigration agenda in their investor relations material.

realist
Member
realist

Oracle, correct. The big banks have long ago transferred most risk related to residential real estate onto CMHC and private mortgage insurers. Additionally, in November they arranged that the Bank of Canada immediately buy mortgage-backed securities as an additional backstop, and if that proves inadequate, there is provision for the outright purchase of equities – see section 7.2 of the Bank of Canada’s policy statement (link in article below):
https://www.bloomberg.com/news/articles/2018-11-23/bank-of-canada-expands-assets-for-balance-sheet-management

Bubble
Guest
Bubble

price of high end properties on west side keep going down:
This one dropped $4 million in a year (35%).

5537 CHANCELLOR BOULEVARD, assessed $10,741,000

2018-Sep-13 Listed $7,500,000

2018-Sep-13 Terminated $7,988,000

2018-Jul-01 Expired $9,000,000

2017-Dec-27 Terminated $11,500,000

Oracle
Guest
Oracle

Merry Christmas everyone. We may have our differences but most if us are fighting the same fight. Rule, law and order in the housing market.

Tomorrow may be D day. I can’t confirm but our dollar is crashing at unprecented levels. Down 2 cents since close. If true, market is going to crash tomorrow.

bullwhip29
Guest
bullwhip29

incorrect

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

Nice call Oracle.

US market had its biggest point gain EVER.

bullwhip29
Guest
bullwhip29

and by next week will have reversed all these gains and then some imho…

kabloona
Member
kabloona

Canadian dollar just under 74 cents US but not crashing…US dollar is under continuing pressure overseas.

That happens when you threaten the Chairman of the Federal Reserve, I guess…

😉

Oracle
Guest
Oracle

Check XE Currency.

Shows 71.09 cents.

Oracle
Guest
Oracle
Oracle
Guest
Oracle

Apparently major technical glitch. China Hackers?

Sure hope people didn’t trade based on those numbers.

Best place on meth
Member
Best place on meth

As 2018 comes to a close, it’s time to review the year’s worst cases of media misquotes, misleading narratives, major corrections and straight-up fake news.

While last year’s fake reporting largely occurred during the media’s relentless pursuit to prove Russian collusion, this year’s list is much more varied. However, some themes emerged: stories about then-Supreme Court nominee Brett Kavanaugh and the U.S. border were routinely flagged for misinformation.

Without further ado, here is the list of 2018’s worst examples of fake news:

https://dailycaller.com/2018/12/22/worst-fake-news-stories-cnn-nbc-2018/

All of crabmans most trusted sources are represented.

crabman
Member
crabman

Daily Caller? No wonder you fell for the stupid false flag propaganda.

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

Of course the Daily Caller has never posted anything remotely fake or sympathetic to racists…

YVR
Guest
YVR

“the Daily Caller has never posted anything remotely fake”

Maybe they have. But that would just reinforce the news is fake would it not? Does the daily caller does not try to pretend it is a neutral news organization now does it? CNN, NBC, CBS, WP, NYT all do. All fake left wing propaganda news outlets. At least the right wing slanted outlets don’t pretend to be news when they are reporting opinion. Is Don Lemon really a news anchor? According to CNN he is. He is a radical alt left white hating racist with TDS.

Best place on meth
Member
Best place on meth

“Is Don Lemon really a news anchor? ”

He’s an angry, bitter clown who spouts anti-Trump propaganda every minute he’s on air.

By CNN standards, that is a news anchor.

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

Trusting a “news” outlet founded by RWNJ Tucker Carlson is probably a bad idea.

YVR
Guest
YVR

All I can see is factually correct statements. As usual the far left can’t debate the facts. You avoid the debate and resort to name calling. Maybe you can tell us how each of those 34 fake news stories were in fact correct and not fake? Nope can’t do that. It is easier to call everyone a racist just like those fake news networks do. Sad how far the left has fallen. No ideas, just name calling and false accusations is all you have.

kabloona
Member
kabloona

What “far left”….???

Even the Chinese aren’t communist anymore…just authoritarian.

😀

crabman
Member
crabman

Ok, fine. I’ll walk you through the first one. Which, I assume, they feel is their strongest.

1. WAPO BLAMES BORDER PATROL FOR DEATH OF 7-YEAR-OLD MIGRANT

“Despite WaPo’s misleading headline suggesting border patrol was to blame for the girl’s death”

Here’s the actual headline:

“7-year-old migrant girl taken into Border Patrol custody dies of dehydration, exhaustion”

It doesn’t “suggest” anything, it simply states the facts.
1. She was 7.
2. She was taken into custody.
3. She died of dehydration, exhaustion.

Looking forward to your apology. #Sarcasm

Best place on meth
Member
Best place on meth

“7-year-old migrant girl taken into Border Patrol custody dies of dehydration, exhaustion”

Of course they’re leading the reader to believe Border Patrol was responsible for her death.

It would have been just as irresponsible if the headline had been spun in the opposite direction, for example.

“7 year old migrant girl forced by parents to attempt dangerous, illegal border crossing dies of dehydration, exhaustion”.

Although the alternative headline would actually been closer to accurate reporting.

Shut It Down Already (original)
Guest
Shut It Down Already (original)
So you’re also just restating the original claim? If you want to assert that the media is fake you probably should at least attempt an explanation. Both you and YVR seem desperate to change the subject, which is understandable. Are you really declaring the entire article fake because you have doubts over just the headline? There is no implication of blame in the headline – the cause of death is clearly front and center, and there’s not the slightest hint that the CBP were responsible for either her exhaustion or her dehydration. The fact that she was in custody is an unavoidable and relevant aspect of the story. To think otherwise is like saying that a “man dies in prison” headline somehow blames the guards. It’s particularly amusing given that “you don’t understand the language!” is a pathetic war cry… Read more »
crabman
Member
crabman

False flag on meth reveals his true colours. The blame belongs to the parents trying for a better life and a shot at the American Dream. I guess it was ok when white people did it during the European shithole of the 1940s, but now that brown people are doing it, it has to stop?

Seeking asylum isn’t illegal. But the racist-in-chief is blocking asylum seekers and forcing them to cross illegally.

Best place on meth
Member
Best place on meth

“I guess it was ok when white people did it during the European shithole of the 1940s, but now that brown people are doing it, it has to stop?”

Those people came in legally, today they try to jump the queue. Also, why did these people reject Mexico’s offer of asylum?

Another race baiter steps forward.

YVR
Guest
YVR

You are even too dumb to understand how they are manipulating you. The headline suggests it was the border partol’s fault she died. The media narrative over this death was that somehow it was the border partol’s fault. The media should have been praising the border partol like they would a first responder for almost saving this girls life (as the girls father did) and condoned the left who encourage and enable this dangerous trek across the border by desperate people. A wall would have provided enough discouragement to have prevented this tragic death. Trump wants orderly legal immigration safely through a border crossing. But you will never hear that from the fake news.

xyz
Guest
xyz

crabman @ SIDA walk around the city with VCI posting alerts going off….beep beep….

Oh….gotta stop and post mid-step to reassert the left narrative….

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

So your rebuttal is to restate your original assertion and then try and divert the topic? How tiring. The headline implied nothing. What would your headline have said had you written it?

Perhaps you could also explain what’s wrong with this story, after all it is radical left wing propaganda:

https://www-m.cnn.com/2018/12/23/americas/guatemala-jakelin-caal-maquin-returns-home/index.html

crabman
Member
crabman

The projection is strong in this one…