BC In-migration Turns Negative
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Uploaded by GreenhornRET on Oct 4, 2011
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Shoulda married an asian dude Elaine, have fun w/ Newfie winters
mattsherman00 2 weeks ago
@Quartz482 I totally agree with everything you just said. Still doesn't mean your housing market is not a bubble. Your government is certainly better than ours, and your stock exchange is better regulated, but your housing market is suffering from classic hot-money and follow the leader mentality. Not supported by the peoples salaries and not regulated by the government.
dlarson707 5 months ago
@Quartz482 I remember the same type of gloating in SoCal before I left, now people are putting bullets in their head when the bank takes the house. And those gloaters are all crying for governement bailouts and whining about how they aren't being helped by the banks. Your wealth is imaginary, unless you sell it now. You will be truely surprised how quickly a million dollars in paper money can be gone.
dlarson707 5 months ago
I have to say good luck from someone further down the coast. I live in the bay area of California and three years after the pop; the housing market is like a zombie propped up by east asian investors, shadow inventory and deluded sellers. All hidden being the mask of desirability's and a glamor IT industry that contributes far fewer jobs than is said. Ya know, just like Vancouver. Only thing is the that you guys might get it right as the Chinese bubble pops. What a crash!
Danaceb 5 months ago
@fgah Whoa... you talk scary. But... something about being safe from the ass-hats down south really makes me smile. Thanks. Heheh.
wierdfirehydrant 5 months ago
@Quartz482 Yeah I remember the morons in America saying the same bs about their housing market (just before it went belly up in 2008). I don't care how many Chinese play hot potato with the Vancouver housing market, it is not healthy for Canada and certainly not sustainable by any stretch of the imagination. I don't have to buy a 500 dollar p sqf house, I'll rent until the bubble goes POP and be happy.
mookixox 5 months ago
Wealthy mainland Chinese Immigrants will take place so Vancouver RE will prosper for this century.Vancouver will rely on Chinese Navy against US aggression.
fgah 5 months ago
But you can buy an 800 sqf shit shack for 400,000 dollars over there! How could that possibly backfire? LMAO
mookixox 5 months ago