The Chinese are hell-bent on starting WWIII.
Oh NO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
China HAS NO REAL INTENTION OF STARTING A WAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Chinese Soviets are simply using the Hitler/Nazi method to over awe some. intimidate others and bribe where necessary!!!!!!!!!!!!!!!
And in true Soviet style, Chinese leaders seek out and befriend those LIE-berals that Lenin once referred to as "Useful Idiots"!
Lenin went on to explain that the useful idiots could be relied upon to sell Soviets the rope needed to HANG the west!!!!!!!!!!!!!
And KEY among the useful idiots of our modern age is the Trudeau family!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Our idiot Boy has been working very hard to undermine Cdn relations with United States!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Fortunately, cooler heads are prevailing and the popularity of Our idiot Boy is fading like snow in July!!!!!!!!!!!!!!!!!!!
Here is an article suggesting that two key LIE-beral claims are not worth the paper they are printed on! With some comments of my own in brackets):
Vancouver Home Sales Plunge 42.5% In November, To Lowest Level Since Great Recession
By Daniel Tencer
Originally published at Huffington Post. December 5, 2018
Vancouver home sales recorded their lowest levels in a decade in November, amid some analysts' warnings that the market could be headed for something worse than a mild correction.
(And shall we guess that the LIE-beral assertions about our “booming economy” are ALSO more than SLIGHT EXAGGERATIONS? LIE-berals LOVE to boast of new jobs created but they do leave out certain details! Such as how the new jobs are too often temporary, short term, contract, low wage McJobs! LIE-berals boast of creating this starvation wage stuff even as GOOD jobs disappear!)
The 1,608 home sales in the metro area in November represented a 42.5-per-cent decline from the same month a year earlier, and the lowest level of sales for the month since 2008, the Real Estate Board of Greater Vancouver said Tuesday.
(And recently, LIE-berals have been boasting of the NEW Canada Revenue Agency crack down on real tax evaders who are often foreign born! On the one hand LIE-berals want to boast of making foreign “investors” pay properly- and on the other hand they DO NOT want us asking if this sudden drop in house sales is related to foreign organized crime money launderers getting out of the Cdn real estate biz due to LONG OVER DUE govt attention to tax cheats????)
(After all, LIE-berals have often DENIED that foreign money was rapidly driving up house prices in Vancouver- even as the number of Chinese “investors” in Canada increased to such a point that Cdn real estate listing are now being carried on main land China web sites!)
With buyers absent from the market, the number of homes available for sale has soared, up 40.7 per cent in a year, REBGV said.
Vancouver home sales recorded their lowest levels in a decade in November, amid some analysts' warnings that the market could be headed for something worse than a mild correction.
(And should we ask if the Huawei squabble over that Chinese company CEO being arrested in Vancouver for allegedly cheating on United Nations sanctions against Iran might also have prompted Chinese investors to abandon Cdn real estate markets in hope of causing economic instability?)
"Home prices have declined between four and seven per cent over the last six months depending on property type. We'll watch conditions in the first quarter of 2019 to see if home buyer demand picks up ahead of the traditionally more active spring market," REBGV president Phil Moore said.
(Many Cdn municipalities RELY on steady increases in house values- with attendant increases in property taxes- to help fund their regular pay increases to civil service union Hogs- who are engaged in a huge conflict of interest by voting for the party- usually LIE-berals- but sometimes NDP - who give them the greatest gobs of gravy! Is the stability of our govt and banking system now endangered by the sudden economic stress caused by falling house values?)
(Even more troubling is the fact that many Cdns RELY on steadily increasing house values to fund their retirement! If house values fall then retirement becomes UNAFFORDABLE for many Cdns!)
The benchmark price of a detached home was just above $1.5 million in November, down 6.5 per cent from a year earlier. Condo apartments clocked in at $667,800, up 2.3 per cent from a year earlier but down 2.3 per cent from October.
(And how soon before there is a property owners revolt against higher taxes on devalued homes? LIE-berals have created a perfect storm with their Fake News!!!)
At the pace properties are selling today, the detached-home market is well into buyer's territory, while townhomes and condos have fallen from "seller's markets" to "balanced markets" in the past few months, and appear poised to drop into "buyer's market" territory soon.
(LIE-berals wanted to create more stability in our home markets with their tighter mortgage rules and now they have that- reduced prices result in SMALLER MORTGAGES and - in theory anyway- greater afford ability? So why the sudden concern for housing prices? Except that LIE-beral minded municipalities rely rather strongly on real estate taxes for a notable chunk of revenue- meaning yet MORE govt difficulty in meeting Hog demands for more gravy!)
(HOW can LIE-berals get re-elected if the Hog demands for gravy are NOT MET? And how can LIE-berals get re-elected if they cannot BUY votes from bigots at Black Lives Matter and Idle No More natives and from the teeming hordes of illegals that LIE-berals were also hoping to BUY? AS Wynne-bag Ontari-owe LIE-berals can attest- a failure to supply sufficient gravy to Hogs and other special interest groups as demanded means LIE-berals hit the unemployment line!)
Earlier on HuffPost Canada:
Chinese Real Estate Buyers Flock To Montreal As New Taxes Take Toll On Toronto, Vancouver
Vancouver Luxury Housing Market Drops From World's Hottest To Dead Last
(Yes- in addition to Canada Revenue Agency cracking down on foreign tax cheats; Vancouver has also passed a new tax on vacant houses- and we can guess that this will be very annoying to those foreign investors that LIE-berals CLAIM do not exist in any large numbers!! We can guess that foreign investors do not want their investments encumbered with cheap ass tenants- especially since Cdn law lets the tenants essentially STAY as long as they like since the eviction process is like all other LIE-beral law- convoluted and time consuming! The wise seller wants the house in pristine condition- not looking well lived in by tenants - with their laundry and dirty dishes and occasional neglect of mowing the lawn and etc!)
A number of industry experts and insiders have suggested that Canada's housing markets have achieved the desired "soft landing" — a slowdown in sales and price growth, making the market more sustainable in the long run.
But these experts seem to have their eye on Toronto, where prices and sales have stabilized in recent months, following a slump that began in 2017.
(Yes- is it not ODD that the Toronto housing market started its slide right around the time Wynne-bag LIE-berals began to fear that public opinion was HARD AGAINST THEM! We all know that Hogs are the best paid Cdns and so if Hogs are afraid for their jobs and gravy- then they do not buy any big ticket items! Is the defeat of Wynne-bag LIE-berals the catalyst for slumping Toronto house sales?)
Vancouver's market, on the other hand, is headed for a "bumpy landing," said Stephen Brown, senior Canada economist at Capital Economics.
(And of course the B. C. LIE-beral minority govt has been superceeeded by an NDP govt suitable to Hog- meaning no great political shock like the Ontari-owe election of Premier Ford!)
"After the stabilisation of the Toronto housing market this year, it's tempting to think that the deterioration in the Vancouver market will end in a soft landing," Brown wrote in a client note last week.
"But Vancouver housing is more overvalued, and there are clear signs of excess supply coming to the market in the next couple of years."
Excessive prices, too much construction.
(Ah yes- and how much of that Vancouver problem was driven by now spooked Chinese investors? With some experts suggestion foreign house flippers have moved on to Montreal?)
Vancouver has been ranked repeatedly as the least affordable housing market in North America. A 2017 survey from Point2 Homes estimated a typical Vancouver home costs 17.3 times the average income, compared to 7.5 times income in Toronto, and 4.2 times income in Montreal.
Tough new mortgage rules brought into place at the start of the year have had more of an effect on Vancouver, because more buyers there were maxing out their mortgages, Brown wrote.
What's more, Vancouver may be building too many new homes these days, Brown suggested.
(I guess it is difficult to predict how many houses might be needed if most of the buyers are foreigners laundering dirty money? There seems to be a LOT of LIE-beral driven cause and effect in Vancouver housing! No LIE-beral law enforcement meant criminals had a field day!)