Budget, Canada, CMHC, debt, economy, politics, Uncategorized

Everybody wants to help you buy a house

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Pointed out by southseacompany: all the major political parties want to help you buy a house and the promises are piling up.

They all love the idea of taking taxpayer money to drive up house prices, the current government even wants to get in on the speculation and help out with a 5-10% shared equity program.

The government also confirmed that, because the program gives it an equity stake in the mortgage, it will share any gains or losses in the value of the home over the life of the loan. Any money the government makes on the program will go back into general revenues.

Read the full article here.

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Friday Free-for-all! June 28th 2019 | Vancouver Condo Info
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[…] –Pre-sales buyers back out as market slows–Anti money laundering job–Fed loan rate over 10%?–Borrowing binge continues–Selling below 2015 prices?– […]

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6 months 26 days ago
Bear Vancouverite
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Was just reading through the Mortimer twitter account, and a lot of properties featured the past 2 months are selling below the 2015 sold prices.

Oracle, if everyone is right about you buying that cardboard house in Surrey a couple years ago, you might be f@&ked. Maybe you can share 16 to a room like you always gloat and make it through the next few years. Good thing there are unlimited immigrants coming in to share your house with you.

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6 months 26 days ago
Oracle
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Wish you can find me a house on the Fraser valley for 2015 prices.

Prices up 60-80% in the valley since 2015. Get out of your cocoon you imbecile.

Dumb people like you ensure nothing changes on the housing situation.

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6 months 26 days ago
bullwhip29
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bullwhip29
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Richmond city sells land for less than half its 2018 value
https://www.richmond-news.com/news/richmond-city-sells-land-for-less-than-half-its-2018-value-1.23870222

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6 months 26 days ago
Oracle
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The minions here will think cause prices are crashing.

No no no it can’t be corruption say the minions.

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6 months 26 days ago
Best place on meth
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Best place on meth
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The Massive ‘Pig Ebola’ Epidemic Will Give Trump Big Leverage In His Trade Standoff With China

https://dailycaller.com/2019/06/26/chinese-pig-ebola-trump-trade-leverage-china/

Amazing how stupid the chinese are, cutting off our pork imports when their own stock is imploding.

They can all commit suicide, the world will be a better place.

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6 months 26 days ago
Best place on meth
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China’s Rogue Regime

https://www.americanthinker.com/articles/2019/06/chinas_rogue_regime.html

This evil country will be destroyed.

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6 months 26 days ago
paulb
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New
151
Price Change
76
Sold
95
TI:15937

http://www.clivestevepaul.com

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6 months 26 days ago
Oracle
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What if we don’t hit 16K tomoro? Are we at peak?

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6 months 26 days ago
Dyugle
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Listing are pulled as school let’s out and people leave for the summer.

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6 months 26 days ago
Bubble
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Finally this large scale study has proof that Huawei hardware has backdoors and many security issues. KEY FINDINGS Summary Huawei has been accused of maintaining backdoor access to networks, but until now, little evidence has been available to support or refute those claims. Finite State’s automated system analyzed more than 1.5 million unique files embedded within 9,936 firmware images supporting 558 different products within Huawei’s enterprise networking product lines — many of which could be used within the core of 5G networks. Our analysis looked for risks including hard-coded backdoor credentials, unsafe use of cryptographic keys, indicators of insecure software development practices, and the presence of known and 0-day vulnerabilities. The results of the analysis show that Huawei devices quantitatively pose a high risk to their users. In virtually all categories we examined, Huawei devices were found to be less… Read more »
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6 months 27 days ago
eastender
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eastender
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Nice link, thank you. To put it into perspective, here are some CVE “official” numbers about vulnerabilities per product, Huawei does not look that bad: https://www.cvedetails.com/top-50-vendors.php

I would like to see a report that compares apples to apples and covers all major 5G players, including Nokia, Ericsson and Intel. Product-by-product. FiniteState report compares just one Huawei product with Juniper and Arista competitor solutions, and there is no guarantee they did not cherry-pick it. Will have a closer look later and try to find who sponsored this investigation. Will not be surprised if it was one of those big names.

Not that I am defending Huawei, the report sounds pretty scary. My point that I have no idea what kind of situation we have with other providers.

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6 months 27 days ago
YVR
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“My point that I have no idea what kind of situation we have with other providers.”

The difference is in those other counties the equipment manufactures are not controlled by the governments of those countries and the governments are not criminal organizations like China. If North Korea or Iran were producing 5G equipment people would have the same concerns.

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6 months 26 days ago
eastender
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> in those other counties the equipment manufactures
> are not controlled by the governments

Although I think it’s a generalization (most governments _have_ regulations for _some_ types of equipment for sure), I do not disagree with that. But we all know that without reading any technical reports, right?

I agree with many comments from here – the report looks very biased:
https://forums.theregister.co.uk/forum/all/2019/06/27/huawei_firmware_vulnerability_study/

Still no info about who funded this research.

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6 months 26 days ago
Best place on meth
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Best place on meth
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Exactly, china cannot be trusted for one second on anything.

They are the sleaziest people on earth.

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6 months 26 days ago
MTADTA
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Welcome new poster.

Your valuable comments are appreciated by the community.

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6 months 26 days ago
Shut It Down Already (original)
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Exactly. On top of that not all vulnerabilities are equal. Some may not be at all viable to exploit.

But it’s obviously a good thing that people are out there conducting audits as companies have demonstrated time and time again that security isn’t a priority to them, even in the enterprise space.

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6 months 26 days ago
bullwhip29
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Critics raise red flag over China-UBCM sponsorship deal
https://vancouversun.com/news/local-news/in-the-house-podcast-critics-raise-red-flag-over-china-ubcm-sponsorship-deal

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6 months 27 days ago
Laibach
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Yep, that shit should be canceled due to security reasons if not for others.

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6 months 26 days ago
aaaaahhahahahaha
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aaaaahhahahahaha
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people used to take outrage seriously. now the outraged have become the punchline. you will see this more and more.

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6 months 27 days ago
bullwhip29
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Lynda Steele: I own a condo in Vancouver and I’m a DINK
https://globalnews.ca/news/5407549/lynda-steele-condo-owner-vancouver-dink/

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6 months 27 days ago
Laibach
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Insane how far fucking race-baiting went off. It is like a profession in this city, professional race-baiters…

“Remember that horrible story a couple of years back when a young boy was caught in the crossfire of a gang dispute in East Vancouver? John Daly and I interviewed a guy who literally dodged a bullet that day that had lodged in his vehicle’s headrest.

It was a dramatic interview, immediately followed by an email from a fake account saying: “Lynda, I hear the boy who died was Chinese. Good for you! Thanks to your stirring up hatred of Chinese investment, there’s one fewer Chinese person in Vancouver to worry about!” I tried to reply to the sender but it was a fake email address, so I decided to delete it instead.”

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6 months 27 days ago
Canada is for Canadians
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I personally know several DINK couples who own single family detached houses in Vancouver and Burnaby. I have to question why a older couples with no kids and not even a dog would want to own a house with its attendant upkeep and maintenance. Both partners work high paying jobs and with no kids to support they can afford to buy an overpriced house that prevents a family with kids from buying said house when that family would benefit much more from living in a detached house in the city proper. It’s all about greed and FOMO.

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6 months 27 days ago
Oracle
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Lynda Steele has no kids. What the hell is she working for. She should be travelling as a nomad.

Yet she is a shill for the developers. I thought no one was dumber than Trudeau.

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6 months 26 days ago
Shut It Down Already (original)
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Shut It Down Already (original)
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Oh, I’m sure those nasty foreigners made them do it.

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6 months 27 days ago
Best place on meth
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Best place on meth
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Correct.

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6 months 26 days ago
Shut It Down Already (original)
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Shut It Down Already (original)
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How, exactly?

Let me guess – you’re not willing to say.

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6 months 26 days ago
Best place on meth
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Best place on meth
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I’ve explained this so many times and have no patience for special ed students.

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6 months 26 days ago
Shut It Down Already (original)
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Shut It Down Already (original)
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Nobody is ever forced to buy.

Ever.

Did I say “ever”?

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6 months 26 days ago
YVR
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Absolutely they have the choice to pay and inflated price to buy due to locust, pay an inflated rent to rent due to locust or they can live on the streets.

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6 months 26 days ago
Oracle
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Hahahahaha. SIDA owned again.

Hang it up Commie.

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6 months 26 days ago
YVR
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If you spent more time paying attention to this blog rather than parroting fake news and spewing slurs you would know the answer.

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6 months 26 days ago
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It’s remarkably convenient how the truly dumb identify themselves by shrieking “fake news” when they’re backed into a corner.

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6 months 26 days ago
YVR
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Aren’t you the one who stated Trudeau was not using plastic cutlery in the CTV News article I linked to which claimed he was? The retarded parrot is also a hypocrite. Squawk!

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6 months 26 days ago
Best place on meth
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The truly dumb identify themselves by shrieking “racist” every time someone calls out china and their people for the lying, cheating, thieving scumbags that they are.

You also identify yourselves as sellouts to our country.

There are many of you who need to be dealt with.

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6 months 26 days ago
Shut It Down Already (original)
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You’re so proud of your dumbfuck racist opinions. You should be equally proud of the label that comes with them, dumbfuck racist.

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6 months 26 days ago
Oracle
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Give the racist label a rest will you? No one likes china and especially their sympathizers.

They can for the fuck back as far as I’m concerned.

Why aren’t you criticizing the Chinese pigs hokding our Canadians hostages you fucker?

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6 months 26 days ago
Best place on meth
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🙂

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6 months 26 days ago
bullwhip29
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one can only laugh at the utter nonsense that goes on in this great country of ours…

Free Canada Day buffet, but only for Canadian citizens? Cue the outrage
https://www.ctvnews.ca/canada/free-canada-day-buffet-but-only-for-canadian-citizens-cue-the-outrage-1.4484955

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6 months 27 days ago
Best place on meth
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Best place on meth
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If you’re going to offer a free buffet, there have to be some limits.

And why the outrage, anyway?

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6 months 26 days ago
Canada is for Canadians
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The restaurant is doing this screening because they KNOW FULL WELL that the chineeze are cheaters and freeloaders and they will FLOCK to the restaurant and clean it out like locusts do when anything is free… so this measure is just for self preservation and I can’t blame them for it.

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6 months 27 days ago
Laibach
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It is absolutly reasonable call after the experience with free salt, humanitarian aid picked by BMW locust, lineups in Costco for sampling, etc…

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6 months 27 days ago
Canada is for Canadians
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and watermelons …

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6 months 27 days ago
aaaaahhahahahaha
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UBS puts economist on leave in growing China pig row

Donovan, global chief economist of UBS’s wealth management business since 2016, said on Wednesday that consumer prices in China had risen mainly due to sickness among pigs.

“Does this matter? It matters if you are a Chinese pig. It matters if you like eating pork in China,” Donovan said in comments some interpreted as referring to people, not livestock.

https://www.reuters.com/article/us-china-economy-politics/ubs-puts-economist-on-leave-in-growing-china-pig-row-idUSKCN1TF0C8

you have to keep in mind that chinese is a primitive language. when you hear a chinese person speaking poor english, saying things like “you go now” and “me no like” they are using chinese sentance structure and just replacing chinese words for english words. it sounds like a cave man talking, but there you go. we should all learn more about each other so we can understand each other’s perspective.

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6 months 27 days ago
Oracle
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Chinese Pigs.

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6 months 26 days ago
Canada is for Canadians
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Diplomatic tensions ramp up as two Chinese fighter jets reportedly buzz Canadian warship

https://www.citynews1130.com/2019/06/27/report-china-fighters-buzz-canada-warship-in-east-china-sea/

When will Canada finally stand up to this harassment? We can start with these measures:

* Stop all visa applications
* Close all visa offices in china
* Remove all chineeze students from Canada
* Stop all travel from china for chineeze citizens into Canada
* Do not allow any chineeze citizens to buy any property in Canada
* Confiscate any real estate owned by chineeze citizens
* Arrest and deport any non Canadian chineeze using national security concerns
* Ban all chineeze food imports into Canada

and this list could almost be endless.

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6 months 27 days ago
patriotz
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“We can start with these measures”

Many of these would actually serve the interests of the PRC regime or hurt Canadian businesses and workers. Also some would be unconstitutional (hint: only a few rights are guaranteed only to citizens).

Also take that note that the US has yet to implement any one of them.

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6 months 27 days ago
Laibach
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Why China sees Canada as a chicken

https://www.theglobeandmail.com/opinion/article-why-china-sees-canada-as-a-chicken/

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6 months 27 days ago
asdfasdf
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Because the US doesn’t understand that they are more powerful than Canada? Not likely. That article looks like a clueless writer trying to fill his quota and meet his deadline.

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6 months 26 days ago
Best place on meth
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“In order to show how it could stand up to both the U.S. and Canada, China turned to an ancient proverb: killing the chicken to scare the monkey. The idea is quite simple: Faced with a rebellious or unco-operative individual – the monkey – one need only torture and kill a chicken to show how brutal and serious you are. The monkey will fall in line.”

That sums up the barbarians we’re dealing with.

Deport every single one of them now and shut down any of their business dealings here.

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6 months 26 days ago
Dave
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I think the Chinese leadership are totally clueless. Trump must watch this stuff and laugh. They’re making his point for him. And they’re making themselves a political issue in the West. It crosses the political spectrum. Everybody is waking up and realizing that maybe we shouldn’t cozy up to China. Our politicians are now on a tight leash because of it.

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6 months 27 days ago
Hyper-mega-Bull
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i don’t know if they are clueless or not. if they are clueless they may walk into a war that they can’t possibly win and in the short term that could be bad for everyone. or they aren’t clueless and making the west into an enemy is worth the cost because it galvanizes their xenophobic population that were raised on hatred and the myth of the century of humiliation. if this is the case china must have major internal problems to pay such a high price for internal stability and distractions. another possibility is that they are just waiting to see if trump will win or not. if he does they will do an about face and the US and the west will forgive all past sins for a good deal. sinophillia is real and you can see the pain… Read more »
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6 months 27 days ago
Dave
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I don’t see it that way. The way I see it is that for China to be a powerful country, they need to develop a dynamic economy that builds companies that Westerners want to buy from. They need to make companies like Apple, Google, Microsoft, Facebook, Boeing, etc… But instead, they are manufacturing bad will. That’s not going to get in the way of selling teddy bears, bolts and disposal stuff, but it’s a huge barrier to products that require good will. Who wants to buy a Huawei phone right now? Where I agree with you is that I also see this as a turning point for them. If they want a kleptocracy like Russia, they go continue down that totalitarian path, or they can open up their country and play nice with the rest of us. It looks to… Read more »
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6 months 27 days ago
Hyper-mega-Bull
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china’s development wasn’t to improve the lives of their citizens. it is a tool to achieve their geopolitical goals of getting taiwan and controlling the south china sea. the big push in development is supposed to put them in a position to achieve that. they just have to keep all the balls in the air until they make their move.

china doesn’t want to be just another developed country part of the global community. they don’t respect any international norms or systems. these are just tools to be used and abused for their geopolitical ambitions.

at the same time the US doesn’t want china to collapse. they want to contain them until their window has closed and their demographics and economic cycles ensure they are never a threat again.

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6 months 27 days ago
patriotz
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“china’s development wasn’t to improve the lives of their citizens.”

True enough, the goal was to keep the CPC in power, but they understood that improving the lives of their citizens was the only way to do it. The geopolitical ambitions came a lot later.

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6 months 27 days ago
Hyper-mega-Bull
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I’m pretty sure PRC wanted to take over Taiwan as long as the PRC has existed.

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6 months 26 days ago
Hyper-mega-Bull
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>I also think their situation is precarious.

so they need an external enemy to rally and distract the public. and possibly blame their fall on. its text book communist propaganda technique and was fully leveraged with the “century of humiliation” and “unequal treaties” propaganda that’s drilled into their minds.

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6 months 27 days ago
bullwhip29
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Get ready to stand in line for your chance to get a Free Mandarin Buffet meal on July 1, 2019
https://mandarinrestaurant.com/wp-content/uploads/2019/06/FREEDAYDETAILS.pdf

All you need to do is prove you’re a Canadian Citizen!

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6 months 27 days ago
Laibach
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Oracle, here is something for you to add to your narrative about students, visas and infinite supply…

“International students say Canadian private colleges use agents working on commission, both here and overseas, who persuade student recruits that paying tens of thousands of dollars in tuition is the easiest way to get into Canada and work toward becoming a permanent resident.“

https://www.theglobeandmail.com/canada/article-international-students-coming-to-private-colleges-say-they-were-duped/

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6 months 27 days ago
Canada is for Canadians
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Good. the scammers are getting scammed … oh the irony.

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6 months 27 days ago
Oracle
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The motherfuckers of the Chinese airforce buzzed our warship today. This is akin to almost war.

Let’s try to do our part and figure out who the Chinese spies in this blog are. Let’s figure out who SIDA is. Could be a threat to Canada

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6 months 27 days ago
Best place on meth
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“Could be”?

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6 months 26 days ago
Shut It Down Already (original)
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Creep.

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6 months 27 days ago
Best place on meth
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Oh the heels of the communist party debate in Florida tonight, let’s look at the fortunes of our own china-loving party these days.

https://en.wikipedia.org/wiki/Opinion_polling_in_the_2019_Canadian_federal_election#/media/File:Opinion_polling_during_the_pre-campaign_period_of_43rd_Canadian_federal_election.svg

Red is the perfect colour to represent them, ain’t it?

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6 months 27 days ago
Laibach
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These two clowns will somehow get along while Canada gets fucked up in the process. Too bad we have no leader to step up to either shit.

Trump ready for tariff truce with China

https://www.politico.com/story/2019/06/26/trump-china-tariff-truce-1558403

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6 months 27 days ago
Best place on meth
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Any truce is temporary.

The war will resume shortly.

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6 months 27 days ago
Oracle
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War is inevitable. It’s our way of life or theirs.

The pentagon knows this.

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6 months 27 days ago
bullwhip29
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Vancouver man gets surprise $17K bill for empty homes tax on live-work townhouse
https://www.cbc.ca/news/canada/british-columbia/vancouver-empty-homes-tax-live-work-property-1.5190203

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6 months 27 days ago
Dyugle
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The cries of the poor residential polygamist.
I feel so sorry for him.
We should subsidise his business with the residential tax rate.
All the other businesses (mine included) love paying more in taxes and supporting the city so people like him can get a subsidy and undercut us.

Fort St. John qualifies as a “prescribed intermediate zone – Zone B” in regards to Northern Residents Deductions from the Canada Revenue Agency

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6 months 27 days ago
Canada is for Canadians
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He can always move to Fort St. John …

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6 months 27 days ago
Laibach
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When the prime minister becomes a joke, who’s the joke on?

https://torontosun.com/opinion/columnists/bonokoski-when-the-prime-minister-becomes-a-joke-whos-the-joke-on

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6 months 27 days ago
realist
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Um, er, well – us! The blame for can be placed on the pious do-good be-cool greying adolescents who voted for him while reminiscing about the good-ole-days of Trudeau père, but once in office, the joke is at the expense of every Canadian. And it’s a bad joke.

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6 months 27 days ago
Best place on meth
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He is the most condescending prick to occupy the PM office in history, even more so than his father.

Pierre at least had intelligence.

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6 months 27 days ago
realist
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Correct. Sad to say, he has his father’s deficiencies without his father’s strengths. JT is a second generation trust-child.

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6 months 27 days ago
Oracle
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He’s the lowest IQ person ever to hold the PM office. Guaranteed.

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6 months 27 days ago
Oracle
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Makes for an awesome puppet. He doesn’t even realize it. Hahahahaha

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6 months 27 days ago
bullwhip29
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Notorious illegal hostel owner, Emily Yu, has human rights complaint dismissed
https://www.cbc.ca/news/canada/british-columbia/emily-yu-illegal-hostel-human-rights-tribunal-1.5191553

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6 months 27 days ago
Best place on meth
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She should immediately file another human rights compliant on the grounds of racism.

That card never gets old.

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6 months 27 days ago
paulb
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New
209
Price Change
99
Sold
90
TI: 15942

http://www.clivestevepaul.com

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6 months 27 days ago
Best place on meth
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Only 15 minutes until the first episode of “Game of Clowns: 2020 Democrat Candidates Debate”.

I can’t wait see them discuss how much they hate Trump instead of policies and platforms.

My money is on the fake Indian to win the debate, closely followed by the fake Mexican.

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6 months 27 days ago
Shut It Down Already (original)
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I’d love to hear your opinions on Trump repeatedly lying about his father being born in Germany. I mean, hypocrisy is your thing these days – right?

Ask YVR for help if you get stuck.

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6 months 27 days ago
YVR
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Squawk!

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6 months 27 days ago
Best place on meth
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See, I knew it.

It’s supposed to be a night of communists and race baiters discussing how they’re going to take America forward to 1917, but all you clowns know how to do is display your TDS with insane fits of rage.

Very progressive, indeed.

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6 months 27 days ago
Shut It Down Already (original)
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Hiding behind your own fuckwittery again? Sad.

Shall I ask again tomorrow? Will you ever voice an opinion, or are you so blinded by your own partisanship that you can’t see how ridiculous his easily refutable claims are?

And “rage”? I’m laughing at you!

Idiot.

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6 months 27 days ago
Best place on meth
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More slurs.

Somebody’s touchy.

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6 months 27 days ago
Shut It Down Already (original)
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Still no opinion? Hilarious.

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6 months 27 days ago
Best place on meth
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I have an opinion, but you don’t deserve to hear it.

If an actual human being asks me, I’ll give it.

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6 months 27 days ago
Shut It Down Already (original)
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Don’t worry, I’m sure a tweet will eventually appear which tells you how to think. I’m happy to wait until then, knowing that you have no mind of your own.

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6 months 27 days ago
Best place on meth
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I don’t use Twatter or read anything posted on that communist platform.

I suspect you do.

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6 months 26 days ago
Shut It Down Already (original)
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You think the President chose a communist platform as his primary means of official communication?

You are delightfully stupid.

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6 months 26 days ago
Laibach
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Those clowns are hilarious if not sick. They can’t pass on their mythical bullshit regardless what numbers are for.

“China claimed it found as many as 188 examples of “counterfeit” veterinary certificates to export pork products and that “urgent preventative measures” were needed.”

https://globalnews.ca/news/5434091/china-canada-forged-canadian-meat-certificates-experts/

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6 months 27 days ago
Best place on meth
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China accusing others of contaminated food products and fraudulent documentation?

Hirarious!

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6 months 27 days ago
bullwhip29
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West Vancouver police say a driver of a 2019 McLaren 600LT supercar only had his car 10 minutes before it was impounded
https://bc.ctvnews.ca/speeding-driver-only-had-car-for-10-minutes-before-ticket-impound-police-1.4484046

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6 months 28 days ago
Laibach
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Good, not student from China, apparently speaks English and isn’t 19 years old.

“While the officer was conducting the investigation, the driver allegedly stated that they had just left the dealership after purchasing the vehicle, 10 minutes prior,” West Vancouver police said in a news release.
The car was towed from the scene and impounded seven days for excessive speeding and the 39-year-old driver was handed a $368 ticket.”

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6 months 28 days ago
bullwhip29
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only detail revealed in article is that driver is 39 yrs old

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6 months 27 days ago
Best place on meth
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That’s even worse, a 39 year old local should know better than to behave like those assholes.

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6 months 28 days ago
Canada is for Canadians
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china still at it with hostile acts :

https://globalnews.ca/news/5432525/china-cyberattack-computer-services-cloud-hopper/

“Teams of hackers connected to the Chinese Ministry of State Security had penetrated HPE’s cloud computing service and used it as a launch pad to attack customers, plundering reams of corporate and government secrets for years in what U.S. prosecutors say was an effort to boost Chinese economic interests.”

That country is a huge carbuncle on the face of the earth …

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6 months 28 days ago