Friday free-for-all! August 9th 2019

Its the end of another week and that means its time for another Friday free-for-all!

Here are a few recent links to kick off the chat:

house prices continue to edge lower

capital controls don’t work

Gov created housing crisis

Richmond MP under investigation

life savings lost in rent to own deal

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

388 Comments
newest
oldest most voted
Inline Feedbacks
View all comments

[…] –We are the 112th best city in Canada […]

No Moderated Posts

Towers of trouble: Toronto’s condo market has no rule book | Doc Zone

https://www.youtube.com/watch?v=QIWimSN_cGk

“it’s a commodities play for investors, it’s not meant as housing for Joe Average…”

Best place on meth

Trudeau refuses to apologize for his criminal ethics violations.

https://globalnews.ca/news/5769208/justin-trudeau-snc-lavalin-no-apology/

Amazing that the one time he should issue an apology, he stubbornly refuses.

He only apologizes for the actions of others 100 or 200 years ago, as frequently as possible, but not for his own actions today.

I don’t know if this is considered sociopathic behavior or not, but anyone who still supports him after this is an epic dirtbag.

xhistory

I caught about 30 seconds of a tv spot earlier today, and it sounded to me like he was apologizing, or at least speaking in a tone suggesting sympathy.

not easy moving SNC-Lavalin projects forward without lardering it out …
Ffs, how many thousand of immigrants are in Canada because of graft arrangement?

Dave

I could care less about this whole thing and I am not a fan of Trudeau. Why punish thousands of people and risk losing a big international company? Better to cut a deal and move on.

People don’t really care because they don’t see an ulterior motive from Trudeau and the public doesn’t feel betrayed by all this. It’s not going to be the big election issue unless it gets tied to incompetence. My narrative would be this guy is so stupid he doesn’t even know when he’s breaking the law. People will believe that and it will dig into Trudeau’s support.

StupidityCheck

Fair point. Now do Trump.

No Moderated Posts

Global Asian grocery chain setting up North Burnaby store

https://www.burnabynow.com/business/global-asian-grocery-chain-setting-up-north-burnaby-store-1.23916844

“A call to Sungiven by the NOW was not returned for comment. ”

of course they have “no comment” what’s to say about an invasion?

Doomcouver

I bet they’ll be very racially inclusive and hire many non-asians.

Simple Solution

ABBY Update….. Yet ANOTHER price change UP. that brings the total for the month to 2 increases and 91 decreases.

I know I am just a lowly minion Mr. Oracle, and I can never hope to be as wise as you but just to confirm, this just shows that the Vally is on fire right? Also that the unrest in HK has caused everyone to revert to FOMO and rush to increase prices in the Valley. Am I reading this right?

Oracle

Maybe.

I came across some properties that were delisted and then immediately relisted at a higher price.

But good to see that it’s mostly decreases.

Bubble

Another lot sold in Van West.

2221 W 16TH AVENUE, Vancouver

2019-Jul-29 Sold $2,265,000 R2389436
2019-Jul-16 Listed $2,389,000 R2389436
Sutton Group-West Coast Realty
2019-Jul-15 Terminated $2,488,000 R2329173
2019-Jan-02 Listed for sale R2329173
Sutton Group-West Coast Realty
2019-Jan-02 Terminated $3,188,000 R2313930
2018-Oct-09 Listed for sale R2313930
Sutton Group-West Coast Realty
2018-Oct-02 Expired $3,488,000 R2282912
2018-Jun-18 Listed for sale R2282912
RE/MAX Masters Realty

Hyper-mega-Bull

$2,265,000 for a vancouver special. good thing you guys listened tot he bears and didn’t get involved in this hot mess!

No Moderated Posts

in the “best” part of town, lost $602,300 in assessed value in one year and sold for $76,900 under assessed “value” and $124,000 under asking price and still dropping. What a mess.

Oracle

Need your help people.

Can you write, call, and sign petition urging the national debate people to include Bernier and PPC in the national debates? Need your help now.

Thanks

Royce McC

I am ready to answer the call, sir.

You have conducted yourself with honor here for a long time, always providing well-sourced and thoughtfully constructed comments. And you’ve never engaged in poor behavior like using sock puppet posting handles or flooding this site with repetitive inane comments to an almost violent degree.

O Captain! my Captain!

I am on board.

Spec

Me (tipping hat): “Gold Star for Royce.”

LOL

Royce McC

It doesn’t matter what the specific request is – the lack of self awareness is awesome.

“Wow oh wow – you stupid minions should help me.”
– Oracle

Oracle

Or don’t. Keep the open borders and become inter generational renter families.

Go for it. Vote for Trudeau

Royce McC

Once again, the issue is you. Not the request.

Best place on meth

Didn’t I already make this request of the board?

Minus the drama?

Bag it and tag it

minus the drama and the link, of course

bullwhip29

‘It feels like a war movie’: Canadians describe protests and clashes in Hong Kong
https://www.ctvnews.ca/canada/it-feels-like-a-war-movie-canadians-describe-protests-and-clashes-in-hong-kong-1.4550799

Hyper-mega-Bull

i think the protests are overhyped.

No Moderated Posts

You should know all about hype …

Hyper-mega-Bull

buy now or be priced out forever was all hype. no truth to it at all. houses are within reach of common working people. good thing you kept a level head.

bullwhip29

Regina Sadilkova, the director of development services for the Thompson-Nicola Regional District, said people living in recreational vehicles are an ongoing problem, but one that seems to be growing
https://www.cbc.ca/news/canada/british-columbia/rvs-trailers-illegal-living-1.5247484

“… unlike a new out-building or home expansion, RVs and trailers do not add to property values, so the regional district is missing out on revenue it needs to operate.”

“…that rise has come with an increase in the number of garbage, rats and other problems, according to residents of neighbourhoods where RVs congregate. “

xhistory

I’d like to see some of these poor people living in vehicles get jobs in government, media, health, banking, or better yet move those sectors of the economy into RVs.

Best place on meth
MTADTA

By signing this you are voting for our corrupt silver spoon PM.

Don’t split the vote of reason. Max will not win his seat and will disappear 3 months after the election.

Bag it and tag it

The cons have been useless when it comes to immigration policy. The only way to put pressure on them is to vote for Max. That might mean handing the election to the Libs, but if the Cons win, it’s pretty much status quo when it comes to immigration anyway. The only way to get change is to vote for it.

Doomcouver

Yeah I hate strategic voting. It’s sad our current electoral system forces most people to think that way. I vote my conscience, even if the PPC doesn’t get a single seat at least I voted for the party I wanted.

Spec

If my recollection is correct, throwing electoral reform under the bus was one of the first things our esteemed PM did. This wouldn’t be a discussion if we had proprep.

Shut It Down Already (original)

And that’s exactly why I voted against it.

Best place on meth

Correct, Turd the traitor reneged on his NUMBER ONE PROMISE to end first past the post elections as soon as he got an unexpected majority.

That’s all you need to know about that lying piece of shit, his criminal conduct with SNC Lavalin was just a bonus.

Oracle

Exactly. The media is trying to bury this party. Why? Because they know what would represent the people won’t represent the interests of the elite. Only choice should be PPC.

Unless your a naive minion of course.

Oracle

Think!

Who do you think sheet works for? Not you or me.

JT sucks

Totally agree.
We’ve got a great opportunity to send Turd packing in October. why screw it up by splitting the vote.

bullwhip29

About 1500 pounds of dead crab was ditched in a vacant lot in Maple Ridge
https://globalnews.ca/video/5767916/hundreds-of-crabs-dumped-in-maple-ridge/

Shit It Down Already(Original)

This impLIES I shoud get a round eyes discount.

…or STFU

Hyper-mega-Bull
Shit It Down Already(Original)

Actually…

In my mega hyper round eyes e-mail
…….and get free egg rolls with 3 combo dinner @ PNE…
…….4Q

……..and stay off sidewalks round eyes
……….you are conquered and thus obligated to bend over and get deep fried_________delivery

Spec

From the Globe “Vancouver’s empty-home tax is returning inventory to rental market” No paywall -> http://archive.is/hnFDO ““The point of [the tax] was to make it so the homes weren’t being unoccupied and being used for the population that lives and works here, so in that sense, it does seem to be achieving its purpose,” says Jessica Lee, co-founder of new property management firm Bodewell, which launched a year ago in anticipation of a growing rental market. “There is more inventory on the market and more to choose from. People who were perhaps living outside Vancouver now have opportunities to move back.” Donald Mackenzie, company president, says that business is growing at about 50 per cent per month. They work with realtors who are advising clients to hold until the market goes back up. The expectation is that the client will… Read more »

Bag it and tag it

Well, this is awkward for YVR.

Best place on meth

Not really.

He has no shame when it come to partisanship.

YVR

I call em as a I see em. You are the partisan who can’t call out the NDP frauds in government.

No Moderated Posts

YVR, you are blinded by your own ideology.

YVR

What is awkward? The record high rents which have gone up 15% since the election or the 1% vacancy rate? Massive failure on the NDP. They couldn’t have done worse if they tried.

Bag it and tag it

You and Oracle are pure comedy.

Hmmm

2.36% five year fixed mortgage Is now available. What will that do to real estate prices?

Oracle

The HK situation has started a small frenzy in the valley. Abby people relisting at higher prices.

2853 Gardner in Abby. Up by $25K.

This place was at best $725 in early spring. Now approaching $800K.

Laibach

How do you know it is Hong Kong and not climate change or today’s stock market or Iran’s nuclear aspirations. Abby is world class location and all those events directly impact prices there.

Best place on meth

Hong Kongers don’t give a fuck about Abbotsford, they prefer to live like bees in a hive.

Simple Solution

excuse me uncle oracle…. I am just one of the mere minions here but value your insight sooooooooo much. And appreciate so much your knowledge and wisdom….

but why are you not mentioning the fact that out of 82 price changes in Abby this month there is ONE up and 81 DOWN?

Bag it and tag it

I started laughing until I realized you were’t joking…then I laughed harder.

Laibach

Rates and Chinese (more or less), all the same shit as before…

https://www.dailymail.co.uk/debate/article-7357783/Are-brink-new-Tiananmen-Square-horror.html

Best place on meth

It’s not hard to imagine the chinese will slaughter unarmed protesters.

They’re fucking animals, literally.

Shut It Down Already (original)

Lower mortgages rates AND a lowered stress test barrier.

But the village idiots will declare that the nasty foreigners have returned.

Best place on meth

With the vermin devaluing the yaun, there is no doubt the well off roaches will desperately try to move their money out of china again.

The only question is how well the new capital controls work to keep that money in because 2015-16 was floodgates wide open.

That’s when detached soared 30% in a year, remember that you miserable lying fuck?

Shut It Down Already (original)

I thought I told you to stop embarrassing yourself?

Best place on meth

You’re right, it is embarrassing to give a scumbag like yourself even one second of attention.

You don’t deserve it.

No Moderated Posts

1,500 lbs of dead crabs dumped in Maple Ridge

https://www.citynews1130.com/2019/08/14/700-lbs-dead-crabs-dumped-maple-ridge/

kill a calf and dump some dead poached crabs ?

Shit It Down Already(Original)

What A SHAME…

1500 LESS VOTERS FOR TURD and NDPee

Bubble

On Van west side, boomers are still cashing out (lots sold slightly below assessed):

4010 W 19TH AVENUE
Date Comments MLS® Number
2019-Jul-30 Sold $2,880,000 R2330399
2019-Jan-08 Listed $3,288,000 R2330399
Sutton Group-West Coast Realty

4023 W 15TH AVENUE
Date Comments MLS® Number
2019-Aug-10 Sold $2,300,000 R2362284
2019-Apr-24 Listed $2,450,000 R2362284
Engel & Volkers Vancouver

Shit It Down Already(Original)

ROTFLMAO….
IMHO….symptom of what will be a far larger “cancellation” epidemic. and usual foreign locust suspects scurrying from obligations.
Everybody and their dog was becoming a wannabee developer and the scam worked when market was booming.

My guess is refunds given so as to deplete accounts so nothing left to sue over.
Also guess is the developer will simply try to flip the project or declare bankruptcy, reboot….and perhaps hope the market will collapse and desperate subcontractors under cut each other.

I read the story yesterday…what is omitted today was the “windows” issue……the contractor SCOTT had sourced windows that met the warranty requirements..but the developer balked and sourced out cheaper windows that did not meet warranty.

Drove by today….nothing going on except crane removing what appears to be subcontractors property.

Shit It Down Already(Original)

Re: ALFA development in Richmond..

JT sucks

Turd found guilty by Ethics Commissioner.

Lock him up!

Shit It Down Already(Original)

No..Turd would LOVE that….being someones bitch and having a captive audience.

MTADTA

Most of you voted for him.

Best place on meth

I voted green.

My choices were 2 pro china cunts including Jenny Kwan as the new ndp rep and another chinese fuck for the liberals. I don’t trust any of the motherlanders.

I couldn’t vote for the con that represented Harper either.

Our country has few options these days.

YVR

You have already confessed to voting for Turd. You were a cheer leader for the first 2 years just like you are with the NDP now.

Best place on meth

No I did not vote Liberal.

I already told you they ran an ethnic chinese in my riding and I don’t trust a single fucking one of them unless they explicitly and unequivocally condemn the communist party, which none ever do.

And show me one post where I did even the slightest bit of cheerleading for Turd.

Best place on meth

Hang him up, the treasonous piece of shit.

No Moderated Posts

Fallout from Huawei arrest may include fewer Chinese people immigrating or seeking visitor visas to Canada

https://www.citynews1130.com/2019/08/13/fallout-from-huawei-executive-arrest-may-include-fewer-chinese-people-immigrating-or-seeking-visitor-visas-to/

“Ian Young, the Vancouver correspondent for the South China Morning Post, says a travel warning issued by Beijing has significantly contributed to thousands of Chinese citizens no longer visiting or seeking to live in Canada.”

well, it’s a start …

Best place on meth

Oh my god, please get rid of every last one of those motherfuckers and lock the door behind them.

Bag it and tag it

I was under the impression ‘fallout’ was supposed to be a bad thing.

Best place on meth

They don’t have a Vancouver…….

https://www.youtube.com/watch?v=QuAZKNEcj2g

8:35

Best place on meth
southseacompany

“Vancouver developers delay projects in sluggish condo market”, Business In Vancouver

https://biv.com/article/2019/08/vancouver-developers-delay-projects-sluggish-condo-market

“”The market is totally in the dumps right now,” said Holborn Group of Cos. CEO Joo Kim Tiah. “I don’t think people are aware or have a full grasp of what is going on. ”

“Altus Group vice-president Matthew Boukall told BIV that his company is tracking at least 19 Metro Vancouver projects that were supposed to launch either in late 2018 or in early 2019 and that have either delayed their opening date or shifted their marketing message to be “coming soon.””

Dave
Best place on meth

“Some would-be Chinese immigrants now ‘choose not to even look at Canada’, an expert says, while the growth rate in Chinese visitor numbers has plummeted”

Hooray!!!

Fuck off locusts, you’re not welcome here!

Death to china!!!

Death to cocksucking xi the dogfaced!

Oracle

This would be awesome for housing. Hopefully the Chinese government bans their own tourists on 10 year visas if Huawei princess is extradited.

Fingers crossed.

Best place on meth

Throw that huawei cunt in jail.

I’d love to see the response from the chinese.

bullwhip29

Construction company pulls out of Richmond project
Citing financial uncertainty, Scott Construction ended its contract to build the Alfa condo project on Buswell and Anderson
https://www.richmond-news.com/news/construction-company-pulls-out-of-richmond-project-1.23914693

bullwhip29

Tourist, Ci Hong Liao, missing for more than a month, Abbotsford police say
https://bc.ctvnews.ca/tourist-missing-for-more-than-a-month-abbotsford-police-say-1.4548705

>>> who here thinks these photos are of two different guys? if this is the case then there is way more going on here than meets the eye…