Untold Truths/Conspiracy

Why Vancouver Housing is So Expensive and Why Oil Could Climb to $10012 min read

Comments (11)
  1. BOEPD says:

    Great article but I believe that Alexander the Great story is a myth.

  2. Robert F Roth says:

    Why have we continued to make the same mistake over and over. The middle east will be okay if we just eliminate Saddam, then Mubarak then Gaddafi, now Assad. Hopefully we will give some thought as to what Syria will look like after Assad. However it appears to me as if we are headed in the wrong direction again. We are encouraging Saudi Arabia to enter the war in Syria. Russia and Iran may be slightly annoyed with us as they are involved in Syria supporting Assad.If the Saudi’s were to strictly fight against ISIS suppose that would be okay however see little chance of that because of their hatred of Iran.

    Please tell me what I am missing.

  3. Edward says:

    I have shared an article from the national post with Trudeau, mulcair, Cuillard,regarding residential real estate prices in Toronto, Vancouver and soon Montreal. NO Response. Then I read that Christy Clark, the ultimate real estate agent of BC is in China promoting BC real estate. There is no hope for Canadian young people to own a home in one of Canada ‘s most desirable areas. We need to stop foreign investment in RESIDENTIAL real estate. PEI does it!

  4. Hans Stoger says:

    we have a choice – we can focus on optimism and hope and faith or we can focus on all that is bad and depressing – the choice is yours :- but I have made up my mind to totally dismiss from my mind all that is bad and negative – effects are the cause of thoughts – keep your thoughts clean , healthy and positive and you get positive results, good health , riches and happiness – trust me , I am 78 years old

    best wishes

    Hans in Montreal

  5. Peter says:

    The reasons for the Toronto housing price boom are more clear to me now. Thank you.

  6. brian says:

    What happens when the buying stops?..when increasing numbers of chinese millionaires are shopping for cheaper home prices in greater vancouver (than china), where there’s a shortage of properties for sale, it will not end until the prices peak beyond even their affordability.
    Until then, vancouver becomes a city of multi-millionaires.
    The really lucky ones are those that have been speculating in rental-properties,as the difference between the rich and the poor will be the difference between the owners and the renters.
    Unfortunately, for those who have not yet purchased or inherited a home will soon be out of luck,and forced to move elsewhere if they ever want to own a home in this overpriced environment. Until the government puts restrictions on foreign investment, I can’t see anything changing in the near future.

  7. brian says:

    Another thing…This will have a ricocheting effect across BC.
    Yesterday,…it started in Vancouver,burnaby and richmond.
    Today …is moving into the suburbs of surrey,port coquitlam and the fraser valley. (victoria)
    Tomorrow …it will be moving into the bc interior and vancouver island.

  8. B M says:

    I think anecdotal comments about “middle-class” chinese investors driving the price of real-estate in Vancouver and Toronto is crazy.

    As a home owner in a Toronto upper middle-class neighbourhood, all I see are house flippers driving up the prices of real-estate. You can even see these people on TV bragging about it – just watch all the real-estate shows. They are ripping off the Canadian economy because they declare the house as personal use then flip it TAX-FREE. At least, Chinese investors are fueling Canadian workers, like real-estate agents etc, and paying Canadian taxes that benefit all Canadians.

    The real money shakers are not millionaire investors but the people/institutions that can move billions. You are better off looking elsewhere for the true manipulators.

    Besides, Economics 101 says when net new money is injected in an economy – it benefits all who are in the receiving economy.

  9. lee says:

    In a world where credit facilities are a fictious asset
    its a matter of time for a total collapse. In the last 30yrs pricing has gone up overboard and debts loads at 200% of GDP is a call for disaster. Roman empire collapse under the same system and so shall others………. Credit is a good system if used properly… PS without wallstreet..

    Each country can issue its own credit for its own country needs without the FED…but strong measures of policies need be followed to avoid corruption. .which is what the FED and IMF suppose to do. but have not cause of greed…Amazing how many people still blindfolded to the financial system,, specially politicians//goverments……………….

    WE NEED NOT TO BE SLAVES TO A SYSTEM OR A BELIEVE SYSTEM SUCH AS RELIGION, THESE ARE ALL WAYS USED FOR 1000’S YEARS TO ENSLAVE HUMANITY..

    WHEN HALF OF YOUR REAL ASSET=TO YOUR LABOR GOES TO GOVERMENTS WHO ARE BASICALLY PRIVATE CORPORATIONS WITH LITTLE TO DO WITH SOCIETY SOONER THAN LATTER THE SYSTEM COLLAPSES..SO HISTORY PROOFS ITSELF AGAIN AND AGAIN.
    and when things get really bad, wars break out.. and these to avoid the overthrow of the elites society by the commoner who has 90% of the power but never uses it for own good… they keep us busy thinking about B.S.

  10. brian says:

    sorry but the whole saudi-iran proxy war angle is being overplayed…make no mistake, syria is already a major mess, with a host of different entities involved, each with their own interests, thousands are dead, being tortured in detention facilities, and millions displaced and scattered across the globe…while saudi involvement would certainly exacerbate the tensions, it’s not gonna drive up prices that much…it’s simple supply and demand, and right now the world is oversupplied, and that will continue until the big players agree to trim output

  11. w. craig harvey says:

    If the credit system were to fail-ATMs fail to work,and retail stores and bank closings governments would ojly have to primt cash to cover the bank passbook balances- I would probably lose my home but I could still live if I caould cash my paychecks.To be sure,the natioss would have to print a LOT of paper money to match the credit lost but it would work and prevent social chaos.Of course the police and Army would be needed to send illegal aliens home ahd shoot trouble makers but this is better than a world war. National debts would also be settled in paper money per treaty-giving nations time to print the money,and with the understanding that its only until the credit system reboot.Those nations with an absurd excess of cash will use the same to pay/balance the cedit of smaller civilized nations-not Xslam etc…of course with some arm-twisting.Lasty, the best thinkers WILL have to monitor retail prices and the farmers etc. Where to get leadership…?

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