Not too long ago, we got Occupy Wall Street (OWS) – the name given to a protest movement that began on September 17, 2011, in Zuccotti Park, located in New York City’s Wall Street financial district, receiving global attention and spawning the Occupy movement against social and economic inequality worldwide. Now we got “Occupy Development Site” in Vancouver … While […]
Housing starts rising in June, 2016
Construction is mushrooming … Image Source What housing crisis? Developers seem to think otherwise … Figures don’t lie. Good times are still here. Canadas housing starts rises in June high demand to boost new home building in near-term
Government’s numbers on foreign real estate buyers are nonsense
Government’s foreign buyer numbers way off according to Asian real estate conference Asia Real Estate Association of America, Vancouver chapter representatives say the government’s data sample is too low to be accurate. Agents, experts say Chinese buyers account for much more than 3% of B.C. homebuyers China Cash Power A provincial government statement that only […]
Brexit-Weary Brits & Trump-Dodging Yanks may come to Canada
Recent data from Google Trends has revealed that, immediately after the United Kingdom voted to leave the European Union, there was a huge increase in the number of “move to Canada” searches originating in that country. This closely parallels the search patterns of United States citizens in light of Donald Trump’s success in the Republican […]
Vancouver Empowered To Tax Empty Homes
Attention: Investors who parked their money in Vancouver real estate You gotta pay more taxes very soon, if you leave a building vacant like this one, (because Mr. de Jong will empower the city to dig the hell out of your pocket): – Image Source Vancouver: “I Got The Power” Provincial B.C. government to change Vancouver charter […]
Vancouver: Foreign Buyers, Flawed Numbers, Racism, Unaffordability & Downturn
Hardly anyone believe only 5% of real estate buyers are foreigners Preliminary data collected by the B.C. government suggests only 5% of the recent buyers (last 20 days to be exact) are foreigners. Guess what, hardly anyone believe that is the case, many commented the 5% as flawed, misleading, obfuscatory, laughably incomplete and useless … downright […]