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tdma800
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Re: Poll shows complex Vancouver real estate market

Sat Jul 16, 2016 3:00 pm

so some European counties are falling apart and? its not as if their education is good enough they can charge for it
 
jimtan
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Re: Poll shows complex Vancouver real estate market

Fri Jul 22, 2016 7:38 am

Perhaps, it's time to reduce immigration or to increase density?

"Condos and Industry Battle It Out in Vancouver’s Red-Hot Real Estate Boom

... The Port of Vancouver, Canada’s biggest, is being hemmed in as property is snapped up for housing, offices, and even movie sets. The regional port authority estimates the region may run out of industrial land within 10 years. This could push some of the port’s $200 billion in trade to rival gateways if related businesses “can’t get a site or can’t do it in an economic way,” says Peter Xotta, vice president for planning and operations for the authority.

If the region can’t carve out enough nearby warehouse space for businesses using the port, its economy could turn into a “lifestyle bubble” for wealthy retirees and tourists, argues a report prepared for the port authority by the strategy consultants Monitor Deloitte..."

http://www.bloomberg.com/news/articles/ ... state-boom

That's a very dramatic graph of our disappearing industrial land.

:!:
 
tdma800
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Re: Poll shows complex Vancouver real estate market

Fri Jul 22, 2016 7:41 am

Newcomers to Canada(xenophobia aside) should be dramatically increased. Extra zoning is just for develoeprs
 
jimtan
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Re: Poll shows complex Vancouver real estate market

Fri Jul 22, 2016 11:30 pm

How stupid! :mrgreen:

What's the point of admitting more immigrants when GDP growth is only 0.6%? Are there jobs for them? It will just result in a backlash like in UK and the States. The blowback is now already serious enough for our politicians to act. :wink:

What's gonna happen in Burnaby and Richmond when the foreign buyers stay away? :!:
 
tdma800
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Re: Poll shows complex Vancouver real estate market

Sat Jul 23, 2016 7:57 am

A clever and intelligent way is to bring in more people without fiddling with random percents that don't matter. Things are very different in British Columbia. There isnt that much wood sold to England anyway. The more the better, and especially the surburbs of Vancuover, the big ones are among the most mixed places in Canada.
 
jimtan
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Re: Poll shows complex Vancouver real estate market

Sat Jul 23, 2016 8:37 pm

You're talking rubbish. :lol:

Canadian unemployment is stubbornly high.

http://www.tradingeconomics.com/canada/ ... yment-rate

BC unemployment rate is lower, but we are not at full employment. Where are the jobs? :!:

http://www.statcan.gc.ca/tables-tableau ... 1c-eng.htm

Immigration policy has changed. No longer targeted at college grads. More of skilled workers. But, what can they afford in metro Vancouver? Is there enough rentals?

I've been bullish as long as Vancouver RE is undervalued by international standards. But, prices are now fully values after the last price surge. The Asian middle class can no longer afford to move to Vancouver. They could live in the suburbs of Surrey and Abbotsford. But, where are the jobs and the transit options? Drive more = more congestion.

We need solutions, and there are few on the horizon. Wake up. Ohhh, you don't live in metro Vancouver. You're just an international investor. :mrgreen:
 
tdma800
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Re: Poll shows complex Vancouver real estate market

Sat Jul 23, 2016 8:45 pm

Challenged individuals are mumbling irrelevance and over 30,000 people come to the region each year that need a place to live. Jobs aren't everything by the way
 
jimtan
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Re: Poll shows complex Vancouver real estate market

Sun Jul 24, 2016 8:53 pm

Jobs don't matter? What a crock of BS. :roll:

The retirees are moving away. It's the young people who are migrating into town. They might be able to afford a small apartment. But, Vancouver will not be affordable when they want to get kids. That's why large numbers of families are planning to move away.

Right, jobs don't matter to the people who buy BMW and Gucci handbags. But, they're just bums; albeit rich bums. Vancouver doesn't need them. Or, foreign investors.

So, I applaud city hall when they put the squeeze on them. Better to have a little pressure than a NDP government that will sweep with a big broom. :mrgreen:

Meanwhile ...

"Hamptons real estate sales slump 21 percent"

http://www.cnbc.com/2016/07/21/hamptons ... rcent.html
 
tdma800
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Re: Poll shows complex Vancouver real estate market

Sun Jul 24, 2016 8:55 pm

Jobs aren't everything. There are so many old people in Vancouver its not even funny tons upon tons of married and unmarried people coming.
 
whattodo
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Re: Poll shows complex Vancouver real estate market

Mon Jul 25, 2016 9:20 am

I will try to paraphrase TDMA.

Prices going up is a great thing. DO anything possible to make prices go higher!!!
Foreign money is good even if it is laundered and if if the foreigners are criminals. The government should welcome this and encourage it. In fact, we should start more marketing campaigns to get more of it here!
Who cares about locals getting priced out. Who cares about the local economy & jobs.

How did I do? :D :D :D
 
tdma800
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Re: Poll shows complex Vancouver real estate market

Mon Jul 25, 2016 9:24 am

^^^ This. He/she said it all. Ladies and gentlemen, we're going to the moon! and besides, that keeps taxes lower for everyone else.
 
eyesthebye2
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Re: Poll shows complex Vancouver real estate market

Mon Jul 25, 2016 9:25 am

Not all homeowners agree with this whattodo.

Most would accept a decent dip in home values in trade for better neighbours and communities.
My personal trade is about 1/3 less to have neighbours who speak English and dont bulldoze existing house to build monster in its place.
 
tdma800
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Re: Poll shows complex Vancouver real estate market

Mon Jul 25, 2016 9:28 am

If there really was that many people that prefer to live near cheap houses and bums in BC there is a law that can be used to force a public vote on the issue.

Higher prices keep taxes lower for everyone else.
 
whattodo
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Re: Poll shows complex Vancouver real estate market

Mon Jul 25, 2016 12:36 pm

Eyes,

I was being sarcastic, paraphrasing TDMA.

My personal view is these rediculously high prices are very bad for the future generation of Canadians (our children)!
I don't think foreigners should be allowed to buy Canadian homes at all!
 
jimtan
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Re: Poll shows complex Vancouver real estate market

Mon Jul 25, 2016 8:19 pm

+!

One in the eye of the mindless zombies. :mrgreen:

Told Ya :!:

This is how it begins. Next... Airbnb and vacant homes. Game on. 8)

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