tag:blogger.com,1999:blog-7514357.post7979566591896823853..comments2024-02-25T08:16:25.546-08:00Comments on Exurban Nation: Vancouver housing ranked 3rd most unaffordableRob Dawghttp://www.blogger.com/profile/10042154106850545479noreply@blogger.comBlogger26125tag:blogger.com,1999:blog-7514357.post-68168701778355405732017-02-09T22:20:53.269-08:002017-02-09T22:20:53.269-08:00https://www.bloomberg.com/news/articles/2017-02-10...https://www.bloomberg.com/news/articles/2017-02-10/vancouver-s-empty-mansions-highlight-middle-class-housing-woesRob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-81409010666798535292017-02-09T17:22:11.511-08:002017-02-09T17:22:11.511-08:00That really wasn't my point, whether guns are...That really wasn't my point, whether guns are good or not, just more hostility towards Trump caused by his gun thoughts.Lawyerlizhttps://www.blogger.com/profile/10205887658531497613noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-43136958809007292412017-02-09T16:21:54.385-08:002017-02-09T16:21:54.385-08:00New post. New post. Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-49455900018775121732017-02-09T15:33:58.632-08:002017-02-09T15:33:58.632-08:00they don't care about laws
it's interesti...<i>they don't care about laws</i><br /><br />it's interesting that both Canada and Mexico have strong gun laws. Seems to work well in Canada (though they do have their occasional "incidents")..doesn't seems to help at all in Mexico.<br /><br />Obviously there are other reasons besides access to guns that drives criminal behavior..Anonymoushttps://www.blogger.com/profile/02735290094786012546noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-86713987259934714752017-02-09T15:24:05.444-08:002017-02-09T15:24:05.444-08:00It is an interesting thing that municipal interest...It is an interesting thing that municipal interests vice revenue and operating costs are essentially the inverse of home prices. Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-42413968475433984132017-02-09T15:03:38.454-08:002017-02-09T15:03:38.454-08:00Guns are not the problem they don't care about...Guns are not the problem they don't care about laws and if they managed to take them away they would turn to other methods. LBDhttps://www.blogger.com/profile/05804875822934035845noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-74747758033499734232017-02-09T15:01:03.443-08:002017-02-09T15:01:03.443-08:00Yahoo, USA Today, Reuters..the list goes on and on...Yahoo, USA Today, Reuters..the list goes on and on<br /><br />Anonymoushttps://www.blogger.com/profile/02735290094786012546noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-11766419394012742552017-02-09T14:54:44.263-08:002017-02-09T14:54:44.263-08:00Not just Slate but Vox, CNN and arguably the NYTim...Not just Slate but Vox, CNN and arguably the NYTimes. Mother Jones and several others were never even in the possibly category. Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-73791738520353941052017-02-09T14:19:53.589-08:002017-02-09T14:19:53.589-08:00Guns are already illegal in Chicago...hasn't h...Guns are already illegal in Chicago...hasn't helpedAnonymoushttps://www.blogger.com/profile/02735290094786012546noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-52502990222810273232017-02-09T14:15:22.155-08:002017-02-09T14:15:22.155-08:00So they calcute how mucheap house you can buy with...<i>So they calcute how mucheap house you can buy with5 50 K per year available?</i><br /><br />can't be that..50K per year doesn't qualify you for a multi-million dollar house. Property tax alone can run you $30K for a $2 million house... Anonymoushttps://www.blogger.com/profile/02735290094786012546noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-16212073773297082872017-02-09T14:06:52.898-08:002017-02-09T14:06:52.898-08:00What if Trump wants to to take guns away from shoo...What if Trump wants to to take guns away from shooting Chicagoins?<br /><br />Will Christian teapartiers get seriously mad at him?Lawyerlizhttps://www.blogger.com/profile/10205887658531497613noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-62303469851221299052017-02-09T13:31:36.476-08:002017-02-09T13:31:36.476-08:00Yeah, that's a Chinese curse. I'm up for ...Yeah, that's a Chinese curse. I'm up for some boredom. <br />Lawyerlizhttps://www.blogger.com/profile/10205887658531497613noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-35981320092923334272017-02-09T13:29:58.918-08:002017-02-09T13:29:58.918-08:00Anybody beside me notice how Slate has totally aba...Anybody beside me notice how Slate has totally abandoned objectively with regard to Trump. Now I despise Trump, but I an not in the news biz. Slate is pretty specific on how they want to bring him down, in a way not even Fox was close to, ever. On the other hand, I can't imagine Trump staying prez for the next 3 years and 11 months. I thought he'd get a bit better upon becoming prez, instead he has gotten worse.Lawyerlizhttps://www.blogger.com/profile/10205887658531497613noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-28900589687430774872017-02-09T12:28:37.541-08:002017-02-09T12:28:37.541-08:00the more I look into this..the more interesting it...<i>the more I look into this..the more interesting it gets..</i><br /><br />Indeed. This is part of why I revived this blog. <br /><br />Things are getting interesting again. Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-45408955649162298422017-02-09T12:27:30.304-08:002017-02-09T12:27:30.304-08:00My granddad was quite young when he came here. Hi...My granddad was quite young when he came here. His English was flawless. He only had formal education through the 3rd grade but could read and write impeccably, besides understanding German. He was thoroughly melted into the pot, but I don't see why he couldn't have handed on a little german.Lawyerlizhttps://www.blogger.com/profile/10205887658531497613noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-88304593748593560182017-02-09T12:25:26.728-08:002017-02-09T12:25:26.728-08:00I dunno. Mu-cheap has a ring to it. I dunno. Mu-cheap has a ring to it. Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-42766475800057757762017-02-09T12:14:32.822-08:002017-02-09T12:14:32.822-08:00Much eachMuch eachLawyerlizhttps://www.blogger.com/profile/10205887658531497613noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-83543259257107575902017-02-09T12:13:56.888-08:002017-02-09T12:13:56.888-08:00So they calcute how mucheap house you can buy with...So they calcute how mucheap house you can buy with5 50 K per year available?<br />Won't the Chinese start noticing this and try and get back at the banks? When do they figure out they can get liens and try to repossess the houses? Is it 50k per person, per family, or what?Lawyerlizhttps://www.blogger.com/profile/10205887658531497613noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-35205268400883186202017-02-09T11:40:11.893-08:002017-02-09T11:40:11.893-08:00the more I look into this..the more interesting it...the more I look into this..the more interesting it gets..<br /><br /><i>In a recent six-month period about 70 per cent of all detached homes sold on Vancouver’s west side were purchased by Mainland China buyers, an academic case study shows.<br /><br />Even more stunning, the study shows that of all self-declared occupations among owners — on homes worth an average $3.05 million — 36 per cent were housewives or students with little income.</i><br /><br />later on in the article..<br /><br /><i>Yan noted the majority of the homes were mortgaged through Canadian banks. This suggests the banks offer services to facilitate investment from high-net-worth investors who face strict rules against transferring more than $50,000 per year from China. The study did not look at details of financing arrangements and how foreign exchange transfers were made.</i><br /><br />so I was wrong about the majority being cash purchases..<br /><br />http://news.nationalpost.com/news/canada/in-a-six-month-period-70-of-detached-homes-sold-in-vancouvers-west-side-went-to-mainland-china-buyers<br /><br />Anonymoushttps://www.blogger.com/profile/02735290094786012546noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-6195004183110299222017-02-09T11:35:42.802-08:002017-02-09T11:35:42.802-08:00Are . . ByAre . . ByLawyerlizhttps://www.blogger.com/profile/10205887658531497613noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-61058886519876253482017-02-09T11:33:44.804-08:002017-02-09T11:33:44.804-08:00Yeah, but I think they ate naive and inexperienced...Yeah, but I think they ate naive and inexperienced and 100 years behind us and still many got. Taken but Bernie Madoff, who should have known betterLawyerlizhttps://www.blogger.com/profile/10205887658531497613noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-2725370135360153302017-02-09T11:30:46.662-08:002017-02-09T11:30:46.662-08:00Agreed, Mike. Do they ever rent any out? Why do...Agreed, Mike. Do they ever rent any out? Why does Vancouver want them if they are ruining Canada's way of life. I guess money is everything. If I were Chinese, I'd want a safe haven too.Lawyerlizhttps://www.blogger.com/profile/10205887658531497613noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-13348573272377673912017-02-09T10:32:51.900-08:002017-02-09T10:32:51.900-08:00good article on this..
“Vancouver real estate is ...good article on this..<br /><br /><i>“Vancouver real estate is obviously at very high risk for being used as a transfer and holding vehicle for laundered money,”</i><br /><br />http://www.moneysense.ca/spend/real-estate/8-factors-that-really-mess-up-vancouvers-real-estate-prices/Anonymoushttps://www.blogger.com/profile/02735290094786012546noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-41779394059774540962017-02-09T09:59:54.425-08:002017-02-09T09:59:54.425-08:00These are not Mainland refugees or expats
I think...<i>These are not Mainland refugees or expats</i><br /><br />I think it's mostly that..they are looking to get their money out of China as quickly as possible..high end real estate is a great vehicle for that..Anonymoushttps://www.blogger.com/profile/02735290094786012546noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-67940751357082722962017-02-09T09:44:22.613-08:002017-02-09T09:44:22.613-08:00I seriously doubt the "all cash" bit. W...I seriously doubt the "all cash" bit. Why buy one for $1m CND when you can easily buy three with 30% down and have a place to continue to stash questionable RMB ongoing? These are not Mainland refugees or expats. They are diversifying. Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.com