This is a friendly, interactive exchange of information on all Real Estate related subjects. Follow on Twitter: @RETALKS


Moderator: admin

  • 1
  • 3
  • 4
  • 5
  • 6
  • 7
  • 33
 
jimtan
Real Estate Talker
Topic Author
Posts: 5515
Joined: Tue Jul 31, 2007 10:59 pm
Contact:

Re: Should the government intervene?

Tue Mar 15, 2016 2:44 pm

pretty much. his problem is he wants to live in vancouver but cannot afford.

him and a billion others.

people want ferraris too but you can't get mad about it.
You can't live in a Ferrari. Do you?

To be honest, the problem isn't the complainers. That's normal in a stressful place. The problem is Vancouver which is trying to transition from a provincial town to a world class city while cutting taxes. So, where's the mass transit? Too bad that Vancouver is weak on non-realty wealth creation.

In the San Francisco area, RE pricess through the roof. But, educated types have a chance at keeping up if they join the tech industries. Of course, there are 'investors' there too crowing about how smart they are! :roll:
 
jimtan
Real Estate Talker
Topic Author
Posts: 5515
Joined: Tue Jul 31, 2007 10:59 pm
Contact:

Re: Should the government intervene?

Fri Mar 18, 2016 12:17 pm

Listen to that greasy politician, Christy 'fatso' Clark.

http://www.cbc.ca/news/canada/british-c ... -1.3497586


'Shadow flipping' loophole to be closed, says Premier Christy Clark
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am
Contact:

Re: Should the government intervene?

Fri Mar 18, 2016 1:55 pm

lol at the people complaining about others making a profit
 
jimtan
Real Estate Talker
Topic Author
Posts: 5515
Joined: Tue Jul 31, 2007 10:59 pm
Contact:

Re: Should the government intervene?

Fri Mar 18, 2016 2:36 pm

lol at the people complaining about others making a profit
Right! You have no problem with what others might do as long as you make a profit. :mrgreen:

What would you say if someone did something that cost you money? :roll:
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am
Contact:

Re: Should the government intervene?

Thu Jun 16, 2016 1:44 pm

http://www.urbandictionary.com/define.php?term=hater
"A person that simply cannot be happy for another person's success. So rather than be happy they make a point of exposing a flaw in that person.

Hating, the result of being a hater, is not exactly jealousy. The hater doesnt really want to be the person he or she hates, rather the hater wants to knock somelse down a notch."
 
jimtan
Real Estate Talker
Topic Author
Posts: 5515
Joined: Tue Jul 31, 2007 10:59 pm
Contact:

Re: Should the government intervene?

Fri Jun 17, 2016 11:10 pm

You're a fraud. I knew that you would expose yourself eventually. You're been sprouting nonsense because you don't live here; have never been to Vancouver.

http://www.realestatetalks.com/viewtopi ... 9&start=15

Back on topic. Trudeau just got an earful in Vancouver. Bound to do something even if fat Christy Clark isn't.

"Vancouver's housing market — the canary in the coalmine"

http://www.cbc.ca/news/canada/british-c ... -1.3641759


Prime Minister Trudeau met with housing experts to discuss Vancouver's red hot real estate market

What to do? Should we wait for the market to top out by itself?

“San Francisco’s Housing Mania May Finally Have Reached Its Limit”

http://www.bloomberg.com/news/articles/ ... -its-limit

Or attack the rental problem? The city could prohibit AirBnB rentals for the entire home. That would free 3k units for the rental and resale markets. That could increase rental vacancies by 1% percentage point. Current rental vacancy under 0.5%. A significant impact with consequences for resale RE.

Or Ottawa could treat all profits from vacant/rental properties as income, rather than capital gain. Or simply threaten speculators and flippers with a tax audit.

Or the city could raise property tax on vacant homes like Florida.

Or all of the above. The political will appears to be there. Even proposed legislation will have an immediate impact.
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am
Contact:

Re: Should the government intervene?

Sat Jun 18, 2016 7:02 am

You're a fraud.
you're a hater, oozing with envy
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am
Contact:

Re: Should the government intervene?

Sat Jun 18, 2016 7:03 am

The Prime Minster did his photo ops, and went to people whine about housing and to open a new Microsoft centre.

Vancouver is very different than San Francisco, not only is the transit better and more frequenty, property tax and other taxes are far lower. There are so many legally zoned but uncounted rental units in Vancouver is not funny. Vacancy rates mean nothing.
 
whattodo
Real Estate Talker
Posts: 60
Joined: Tue Oct 27, 2015 10:04 am
Contact:

Re: Should the government intervene?

Sat Jun 18, 2016 11:13 am

Hello troll,

To quote you, "educated people will understand" the uncounted rental units (such as illegal basement suites) are rented out. Those units are not empty. We do have a rental unit shortage in Vancouver. You get an F (that stands for fail in canada) for your understanding of the rental situation.

From now on I must not feed the troll anymore!!!!!
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am
Contact:

Re: Should the government intervene?

Sat Jun 18, 2016 11:43 am

Educated and aware individuals know there are plenty of available rental units in Vancouver, especially legally zoned ones not in a rental building. There isn't a problem with rentals.
 
jimtan
Real Estate Talker
Topic Author
Posts: 5515
Joined: Tue Jul 31, 2007 10:59 pm
Contact:

Re: Should the government intervene?

Wed Jun 22, 2016 12:34 pm

Educated and aware individuals know there are plenty of available rental units in Vancouver, especially legally zoned ones not in a rental building. There isn't a problem with rentals.
Only if you are willing to live in a 'closet' like in Hong Kong. :!:

Here's something new.

"Empty home tax coming to Vancouver

'Vancouver housing is first and foremost for homes, not a commodity to make money with.'

... The current rental vacancy rate in Vancouver .06 per cent. A city-commissioned report in March estimated there are 10,800 homes and condos sitting empty in Vancouver, though the rate of empty homes has remained flat over the past 14 years and is in line with other Canadian cities. It's thought a high percentage of the homes that do remain empty are owned by foreign investors who do not live in or rent the units..."


http://www.cbc.ca/news/canada/british-c ... -1.3647133
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am
Contact:

Re: Should the government intervene?

Wed Jun 22, 2016 12:46 pm

The vacancy rate doesnt mean a whole lot when there are so many legally zoned units in both purpose build and non purpose built rental areas in Vancouver. Its for making money, and a way of life.
 
jimtan
Real Estate Talker
Topic Author
Posts: 5515
Joined: Tue Jul 31, 2007 10:59 pm
Contact:

Re: Should the government intervene?

Thu Jun 23, 2016 8:13 am

You will note that I post when I have matters of substance to report. :P

More info. Add in a ban on Airbnb rentals, and the rental situation changes. Impact on the dynamics of the realty market. Hope that Gregor cuts deep.

"Vancouver mayor vows to tax empty homes with or without the province's help

A study released last March found that in 2014, there were 950 single-family and duplex homes sitting empty in Vancouver and 9,750 vacant apartments

... Without the assistance of the province, Robertson continued, the city could unilaterally create a new class of business tax that would target vacant homes understood to be held as investments.

“Either way, Vancouver is moving forward with this empty-homes tax and putting thousands of empty homes onto the rental market,” Robertson said.

He imposed a deadline of August 1 for the provincial government to respond to the city’s proposals..."

http://www.straight.com/news/723776/van ... inces-help
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am
Contact:

Re: Should the government intervene?

Thu Jun 23, 2016 8:16 am

changing air bnb rentals does nothing and most of those apartments dont permit people to live in them except the owner or his or her family
 
eyesthebye2
Real Estate Talker
Posts: 1207
Joined: Sun Jul 27, 2014 6:41 am
Contact:

Re: Should the government intervene?

Thu Jun 23, 2016 11:07 am

the homes will remain empty. Those rich bastards would rather just pay the tax than have some white trash live in their house :lol:
You will note that I post when I have matters of substance to report. :P

More info. Add in a ban on Airbnb rentals, and the rental situation changes. Impact on the dynamics of the realty market. Hope that Gregor cuts deep.

"Vancouver mayor vows to tax empty homes with or without the province's help

A study released last March found that in 2014, there were 950 single-family and duplex homes sitting empty in Vancouver and 9,750 vacant apartments

... Without the assistance of the province, Robertson continued, the city could unilaterally create a new class of business tax that would target vacant homes understood to be held as investments.

“Either way, Vancouver is moving forward with this empty-homes tax and putting thousands of empty homes onto the rental market,” Robertson said.

He imposed a deadline of August 1 for the provincial government to respond to the city’s proposals..."

http://www.straight.com/news/723776/van ... inces-help
  • 1
  • 3
  • 4
  • 5
  • 6
  • 7
  • 33

Who is online

Users browsing this forum: Bing [Bot] and 2 guests