Why Vancouver Real Estate will remain high & possibly skyrocket in price

[J0E]

.....even if there's an economic depression.

https://www.theglobeandmail.com/world/a ... -its-grip/

...cuz all the rich migrants from Hong Kong will continue to come to Vancouver & hoard all the remaining land.


The USA doesn't want them so they'll come to Canada instead.

[Sargent Smellibitz]

***fart***

I just improved the OP...

[Blurt]

Joe,

You, Sir, are my depression.

Get some new material, man. Or an inflatable doll.

[J0E]

***fart***

I just improved the OP...

Well it affects Australia too, Dinky, cuź all those rich Hong Kongers will be beating on your doors to waiting to buy up & hoard Australia's prime real estate leaving your citizens out on the street.

[Blurt]

[Sargent Smellibitz]

***fart***

I just improved the OP...

Well it affects Australia too, Dinky, cuź all those rich Hong Kongers will be beating on your doors to waiting to buy up & hoard Australia's prime real estate leaving your citizens out on the street.

***fart, fart***

That's my last offer...

[Seamajor]

At least you are aware of what you’re good at.

[Sargent Smellibitz]

At least you are aware of you’re good at.

Aware of you're?

[J0E]

Joe,

You, Sir, are my depression.

Get some new material, man. Or an inflatable doll.

...same time you're the one who whines, bitches and complains about your rising rent and starts threads about it.

And that you don't have enough money at the end of the month to cover it.

Much of the problem can be attributed to offshore real estate speculators.

So whine bitch and complain some more when speculators buy up the place you're living in and force you to move and pay even higher rent, Blurt.

[cc]

Get some new material, man. Or an inflatable doll.

Joe was the guy with multiple recent threads on RE market crash

The many Doom & Gloom RE Threads

and .. the guy who cannot buy anyhow .. & has been complaining about high rents for years

Might work. Doll might keep him busy

[Blurt]

Joe,

You, Sir, are my depression.

Get some new material, man. Or an inflatable doll.

...same time you're the one who whines, bitches and complains about your rising rent and starts threads about it.

And that you don't have enough money at the end of the month to cover it.

Much of the problem can be attributed to offshore real estate speculators.

So whine bitch and complain some more when speculators buy up the place you're living in and force you to move and pay even higher rent, Blurt.

So I take it that's a "no" on you giving me $20?

[J0E]

...same time you're the one who whines, bitches and complains about your rising rent and starts threads about it.

And that you don't have enough money at the end of the month to cover it.

Much of the problem can be attributed to offshore real estate speculators.

So whine bitch and complain some more when speculators buy up the place you're living in and force you to move and pay even higher rent, Blurt.

So I take it that's a "no" on you giving me $20?

well, if it's gonna be used for SRS surgery, sure.

Remember, you have $20.01 reserved for that purpose, Blurt.

Aryan/Scouse has pledged the .01.

[soon]

the days of sleepy canada are long gone. the days of affordable housing are replaced by global greed.

[cc]

the days of sleepy canada are long gone. the days of affordable housing are replaced by global greed.

Right, but our own are to blame.

I have a nice condo so it's been win for me ... but for many, maybe most of society it's a very harsh world
Prices are making it hard for people to get a start.

It's not so much "global greed" ... I say it's local greed .. our govts at all levels could stop it with the stroke of a pen, but all they see is $ for them

[J0E]

Get some new material, man. Or an inflatable doll.

Joe was the guy with multiple recent threads on RE market crash

Yes. initially I thought this might be the case.

However, the recent political events in Hong Kong were an unforeseen event and a game changer.

And since then I've changed my projections.

This Hong Kong Diaspora will also affect other markets such as Great Britain, where Boris Johnson recently announced that his willing to allow upwards of 3 million Hong Kong residents to seek refuge there.



So of course, where else will these expats go? - places like Vancouver of course.

They're gonna drive up RE prices in Britain, Canada and elsewhere since they have this tendency to hoard land.

And of course cash strapped nations like Britain and Canada, will more than welcome them.

Canada's economy is based largely upon real estate speculations, so our politicians don't want the game to end, otherwise the tent will fall down like a pack of cards.

[asal]

.....even if there's an economic depression.

https://www.theglobeandmail.com/world/a ... -its-grip/

...cuz all the rich migrants from Hong Kong will continue to come to Vancouver & hoard all the remaining land.


The USA doesn't want them so they'll come to Canada instead.

Everyone who wanted a house was left out because of people buying for investment. I can imagine there's a lot of interest in buying real estate here. Are we doing well for jobs also? The film industry is getting bigger. Tech is too, I guess. There's a new hospital being built.

[asal]

Maybe if a lot of Hongers come here they'll be intolerant of the DTES as it is. That'd be interesting. Maybe they couldn't care less, but I'd like to see change there so it doesn't smell like pee and babies don't die in porta potties.

[cc]

Housing cost aside, Hongers would be one of the most desirable immigrant groups.

They mainly have obtained their money legally through hard work and smarts and thus are desirable

.. unlike mainlanders where obtaining any amount of money in a commy society "by definition" requires illegality and gross abuse of power ( by our standards that is ... the norm there). Have seen it in operation first hand on site while doing "business " inside the mainland in fact .. pretty scary for an unknowing Canadian to be caught in the middle of it

I believe it's mainly mainlanders behind the absentee owners .. an abomination that our "leaders" have allowed

[J0E]

Housing cost aside, Hongers would be one of the most desirable immigrant groups.

Of course. It's all about the money.

Politicians like Boris Johnson pretend that they're letting in the Chinese as an altruistic humanitarian gesture.

But obviously he has an ulterior motive, which is to boost Britain's battered balance sheet.

Moreover, the Brits lost a lot of revenue and capital because of their Brexit.

So the money will h ave to come from somewhere. And many of those HK'ers have a lot of money.

Your heartthrob Bo' Johnson knows this. He's not stupid.

But in the process, it'll displace locals living in places like Britain and Vancouver & marginalize working class blokes like Scouse even further.

When they add 3 million to the refugee system, obviously Britain can't take them in all at once.

And they'll either come to Canada, Australia, or the States.

Given their propensity to gobble up other nations' real estate, it will send a tidal wave through the system and reduce land supply.

[cc]

OK. You are the one with the lifetime of great experience investing millions

I have a mere 3 properties at the moment

so I'll bow to your vast knowledge, personal experience ... and pontification

[soon]

i don't see why joe can't bee a professional amateur. it's easy enough to pick up a software program and follow the markets.

[soon]

ideally real estate should be a long game. your capital is tied up and what money you get out depends on the markets. right now is probably not a good time to sell your portfolio.

[Sargent Smellibitz]

Ideally, a residence shouldn't need to be built or purchased on credit...

[asal]

Ideally, a residence shouldn't need to be built or purchased on credit...

That's my philosophy.

[J0E]

OK. You are the one with the lifetime of great experience investing millions

I have a mere 3 properties at the moment

so I'll bow to your vast knowledge, personal experience ... and pontification

...did you bury your last husband to get them, cc?

You strike me as being the man-eating carnivorous type.

Abundant in greed, but non-existent compassion for others

In that regard, you're a good fit for the blue cashew.

You've paid a high price in life. I can tell,cc.

[cc]

Ad Homs R Us ^^ .. That's one of your better ones

One always knows when they have won big when major losers avoid the subject matter like the plague
& respond with 100 % Ad Hom


Had you put something down on property or any solid investments , life would be better for you now .. and you would not need to hate the system you try to make responsible for your failings ... and end up pontificating on subjects you have zero experience with

Opportunity lost, eh?

[J0E]

You often accuse me & others of 'ad hom' attacks, but you do it to me & others all the time, cc.

Then you stamp your feet like an angry child until you get your way & have others like evs/irina do your bidding & censor threads when you boisterously object. And that's how you push your weight around at the Blue Cashew as well.

The poor little rich girl - rich in riches but poor in love.

Ad Homs R Us ^^ .. That's one of your better ones

One always knows when they have won big when major losers avoid the subject matter like the plague
& respond with 100 % Ad Hom


Had you put something down on property or any solid investments , life would be better for you now .. and you would not need to hate the system you try to make responsible for your failings ... and end up pontificating on subjects you have zero experience with

Opportunity lost, eh?

[Sargent Smellibitz]

Eat my poop, Joe-Joe...

[cc]

& have others like evs/irina do your bidding & censor threads when you boisterously object. And that's how you push your weight around at the Blue Cashew as well.

What are you smoking JoJo?

You really do get desperate when I remind you that you have your dick out

[soon]

the alternative is chaos.