tag:blogger.com,1999:blog-7123542260692860177.post3553569455922013086..comments2023-12-02T00:38:46.467-08:00Comments on House Hunt Victoria: When is an economist not really an economist?HouseHuntVictoriahttp://www.blogger.com/profile/07456914359088891317noreply@blogger.comBlogger152125tag:blogger.com,1999:blog-7123542260692860177.post-42597220859597287692008-01-28T19:36:00.000-08:002008-01-28T19:36:00.000-08:00HHV, I totally understand poster like myself turni...HHV,<BR/><BR/> I totally understand poster like myself turning off new posters,and that my some of my rants may contribute to it,thus my latest hiatus. <BR/> I am not out to thwart any bulls balanced opinion but so far all the bulls can come up with is the single fact that prices haven't fallen significantly thus the arrogant tone that accompanies these "bulls". This also goes for the RE agent Tim. If he posted with an open mind like a real agent should that indeed prices could well turn down then I would have cut him a ton of slack.<BR/><BR/> As this blog has been 99% bears for as long as I can remember I was always hoping at least one agent in this town had the balls to come on here and show there is both sides to the coin and his being a real salesman would be open to change like we bears have had to endure the past 5 years as prices escalated. <BR/><BR/><BR/>I will continue to post but will pick my spots. <BR/><BR/><BR/><BR/> <BR/> greg, <BR/> <BR/>I do try to read your blog and enjoy your format,it seems by the time I am finished posting here or PB's blog I don't have much left in the tank but I will make more time on your site so I don't bog down HHV's. Thanks for your kind words. <BR/><BR/><BR/>bulear,<BR/><BR/> Apology accepted. I have nothing against anyone buying if they can truly afford it with a mortgage equal their rent or less. I am bothered to see young couples get hosed at the top of the market like those we are seeing daily in the US media and be screwed for many years when the value of their homes fall below the mortgage. <BR/><BR/> I also have grown up in this town and happened to own/buy/sell at both critical times in our last 2 recessions and remember it like yesterday and hearing the same lines about "missing the boat" is something that turns my stomach.<BR/><BR/>If you don't buy into the "have to get in now before you're priced out forever" then you never "missed the boat". Owning a home never has been easy to afford but there is a certain level of excess affordability that in history has "always" corrected itself and since we are at an "all time high" in the affordability index according to RBC then that confirms all my due diligence that the market is ripe for a major correction. <BR/><BR/> My "boring" calculation of the global financial system troubles that were NEVER in this bad of shape in 1982 or in 1990 is my RED FLAG of all red flags to wait at least a year to two years as the excessive greed is flushed out of the system. <BR/><BR/>I aslo find it very puzzling how someone so worldly as yourself can discount this info that all of the posters here have been posting for the last 2 years as "boring" ? These are the facts burlear,these facts are driving everything in our markets and future employment opportunities. <BR/><BR/> I have a few friends in the US who are witnessing this stuff first hand with them losing their contracts and hearing daily first hand of large contracts being cancelled due to the credit crunch,lending rules tightening that deals don't get done.<BR/> This can very well happen here before you know it burlear, even our own BC Finance Minister just repeated it a couple of days ago to "be prepared". What other evidence do I need to make my case not so "boring" ? <BR/><BR/><BR/><BR/> I rest my case and my fingers. ;)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-64262275973529273532008-01-28T19:33:00.000-08:002008-01-28T19:33:00.000-08:00Maybe, I'll censor myself in the future :)... carr...Maybe, I'll censor myself in the future :)... carry on all... disregard me altogether.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-6349999407239497102008-01-28T19:06:00.000-08:002008-01-28T19:06:00.000-08:00Roger said: "...I would like to point out somethin...Roger said:<BR/> "...I would like to point out something I noticed over on the Alberta blogs. Now that the market has started to turn some threads can get quite negative. One might conclude that it is bulls vs. bears. I believe it is homeowners vs bears. "<BR/><BR/>I have noticed this too. I think the negativity is fueled by fear. It is kinda distressing to read that stuff at times.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-8483579342455962062008-01-28T18:44:00.000-08:002008-01-28T18:44:00.000-08:00VG - I apologize for calling you ignorant. I would...VG - I apologize for calling you ignorant. I would hate to see you stop posting on this blog. I find on many websites people keep digging for the same information. Since they have the ability to find such detail on certain topics there is a good chance you have the ability to find out answers to other questions that relate to the market.<BR/><BR/>My comments are only here to make people dig deeper for answers that will hopefully better equip all in the future. I do believe the rent/multiply, affordability are great indicators but times do change and other factors do have weight.<BR/><BR/>I stick to my comments about finding out more information relevant to the market and the weighing each factor.<BR/><BR/>And Roger - Currently I do live in Victoria and am renting :)<BR/><BR/>If it was completely true that rent/multiply - affordability were the only factors then we would have never been skewed so much.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-61455085016229172432008-01-28T18:27:00.000-08:002008-01-28T18:27:00.000-08:00hhv - I understand your interest in being even-han...hhv - <BR/><BR/>I understand your interest in being even-handed, but on the other hand, what is your audience for this blog?<BR/><BR/>Is it a niche audience or a general audience?<BR/><BR/>If you look at a highly successful bear blogger like <A HREF="http://patrick.net/wp/" REL="nofollow">Patrick Killelea</A>, he took a negative position on housing valuations in Californai back in April 2005, supported it, and stuck to it, and pretty much lets the commenters on the blog sort things out among themselves, with the exception of racist hate based comments.<BR/><BR/>If you judge a blog based on the number of comments and attention it is getting, your blog is probably doing better than ever right now. I wouldn't worry too much about losing the participation of some out of touch real estate bulls in the short run. When the local market truly turns, it will be the general public visiting your blog and thanking you for the contrarian voice the blog provides.<BR/><BR/>Mind you, I guess I take a similar approach to Patrick.net and not many people read or comment on my blog, so there you go.<BR/><BR/>And for VG, not that I want to draw your attention off this blog, but you are welcome to post comments at mine if you feel like it. If Prairie Boy and HHV can get hundreds of comments on a post, it would be nice if I could get a handful at my blog too.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-30173778238328200182008-01-28T18:19:00.000-08:002008-01-28T18:19:00.000-08:00Roger, fair points all around. I don't feel like t...Roger, fair points all around. <BR/><BR/>I don't feel like this is "my blog" even though it is. If people stop discussing my posts, or comments of there own, this would be a boring place indeed. <BR/><BR/>I hope people don't read my comment above and feel chastised or unwelcome. That was the point of my post. I don't want people to feel so chastised and so unwelcome that they feel they can't participate. <BR/><BR/>But a little calling people on their statements based on little understanding and little fact is a great thing. I hope people call me on mine, and goodness knows I've had plenty of those types of posts to be called on.<BR/><BR/>I just want this kind of discussion to continue. I may have been premature with my "chiming in." Everyone is free to ignore me. Ms. HHV recommends that most of you should, most of the time.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-19092060337590753972008-01-28T18:00:00.000-08:002008-01-28T18:00:00.000-08:00HHV,This is your blog and I understand your concer...HHV,<BR/><BR/>This is your blog and I understand your concern about negative posts discouraging new and old posters.<BR/><BR/>Fair enough. I would like to point out something I noticed over on the Alberta blogs. Now that the market has started to turn some threads can get quite negative. One might conclude that it is bulls vs. bears. I believe it is homeowners vs bears. <BR/><BR/>When things are going up it is great to brag to friends, family and colleagues about how much your house is worth. However when the market starts to plateau, then fall, like it did in Calgary folks start looking on the internet to see what the future might hold for them. When they hit a bear blog they get upset with what they read and start arguing with the bears.<BR/><BR/>The arguments may be abusive or may start off with questions like "what are your facts" or "show me the stats". I suspect very few go through the archives and see what has been discussed before.<BR/><BR/>Last but not least, you have the cunning trolls just looking to start trouble.<BR/><BR/>In the future I am not going to bite. I like a contrarian point of view like JMK, who lived in Victoria, but why bother with people who have no interest in living or buying in Victoria?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-52037250239881124132008-01-28T17:47:00.000-08:002008-01-28T17:47:00.000-08:00As I've stated before VG, all are welcome here. I'...As I've stated before VG, all are welcome here. I'd like you to stick around.HouseHuntVictoriahttps://www.blogger.com/profile/07456914359088891317noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-51001713855273620332008-01-28T17:34:00.000-08:002008-01-28T17:34:00.000-08:00I guess I am the one who needs to go start their o...I guess I am the one who needs to go start their own blog.<BR/><BR/><BR/> I have a hard time understanding someone coming in out of the blue who has no idea what the Victoria market is all about yet fails to post on the Vancouver market boards from all accounts and then states I am the ignorant one and that is supposed to be balanced opinion I should welcome ? <BR/><BR/>Looks like I need another hiatus or as I said start my own bear blog,it's your blog here HHV, not mine, so I wouldn't want to chase away your potential bull traffic, like it appears I am doing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-71637132688069573492008-01-28T17:10:00.000-08:002008-01-28T17:10:00.000-08:00As a "somewhat impartial" reader to the discussion...As a "somewhat impartial" reader to the discussion in this thread I have to say that I see accuracy and hypocrisies in both sides of the bull/bear and non-RE arguments going on. <BR/><BR/>I think it is too bad that we condemn those that have a differing viewpoint or seek to raise the level of discussion and inevitably dismiss people as shills or ignorant or bitter renters or whatever. It is clear there are those that feel the bear argument is emotion-based and vice versa. Many parties in this discussion have led it downhill, in my opinion. Equally, in my opinion, it is irrelevant "who started it."<BR/><BR/>I think we've been really fortunate lately to have some new contributors come into the discussions here. Judging by the number of comments only, I'd say that's a widely-felt assessment. I will not ever censor nor will I ever require people to sign in and not post anonymously. Obviously, choosing a moniker to go by aids in the discussion, but in the interest of a self-governing discussion and openness, I'll never force that around here.<BR/><BR/>I'd ask everyone commenting to please think about this: if you chase people out of the discussion, be it through direct insults or otherwise, will this blog continue to provide venue for a lively debate? Isn't that part of the enjoyment here?<BR/><BR/>I for one miss the likes of JMK. I enjoyed his/her sometimes rational, sometimes irrational additions. I was happy when Tim Ayres showed up. I notice he's been MIA for a while. Maybe he's too busy selling houses, but more likely I'm guessing, he's figured out the difficulties that go along with being a contrarian in this environment and just simply avoiding participation; much like us bears feel outside of the bear blogging areas. <BR/><BR/>I'm not calling anyone out. I think in some measure we're all guilty of some of the insights pointed out in the 146 odd comments in this discussion. I hope this blog continues to be entertaining, informative and enjoyable for all who read it. Everyone is welcome here, if my welcome means anything to them. How you choose to conduct your discussions is up to you. I hope you share some of the sentiments I've tried rather long-windedly to express. <BR/><BR/>For the record, I think Bulear's name, which is somewhat of a "balance" of bull and bear accurately describes his/her viewpoints of the market. Aren't we realistically somewhere in between? I hope Bulear sticks around and continues to ask and provide fact-based information. We are all guilty of generalizations at times. <BR/><BR/>Anyway, I've likely said too much. Carry on.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-66848698528472723172008-01-28T15:49:00.000-08:002008-01-28T15:49:00.000-08:00one last thought for you bulear....when the crash ...one last thought for you bulear....when the crash of 82 started in January there was diddly squat on the market,just like today. By March prices had dropped 15% on average, I know,cause I could have sold in January of that year and got 15% more but due to circumstances had to wait 2 months,it was THAT fast,but you weren't around then so you wouldn't have a clue.<BR/><BR/><BR/>And don't let the door hit ya where the sun don't shine. ;)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-18838353742732123692008-01-28T15:44:00.000-08:002008-01-28T15:44:00.000-08:00so bulear has never lived in Victoria nor even vis...so bulear has never lived in Victoria nor even visited here by the sounds of it but he is an authority on our real estate market cause he's Mr. World Traveller and owns a rental in Vancouver and happened to time a condo deal for a couple of G's. Wow, just the guy I want to take advice from. <BR/><BR/><BR/>greg, <BR/> I have to believe the same, we have a disgruntled condo developer holding some empty Bear Mountain condos who sees the bear blogs as detrimental to his personal financial interests and is out to spread a little of the ole BS to discount the bears as their moment of glory is soon approaching. <BR/><BR/><BR/>How come we haven't seen this genius on the Vancouver RE Blogs ? you would think he would rule the roost over there but I guess he just doesn't have the time to save us all eh ? ;)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-59582247388579460182008-01-28T15:29:00.000-08:002008-01-28T15:29:00.000-08:00"That is a smart move on your part but missing the..."That is a smart move on your part but missing the appreciation based on you assumptions a few years ago was you missing the boat. "<BR/><BR/><BR/><BR/>Yeah they told us that in 1982 at the peak, thats when I sold cause I was bright enough back in my young age to see bullshit when it is in front of my eyes just like it is repeating itself once again. Just another classic statement by the young and the arrogant telling us we "missed the boat".<BR/>Well there's always a nice place in Phoenix waiting for me with a pool and a golf course for $180,000.<BR/><BR/><BR/>Do you work for the VREB by any chance bulear ? if not you should apply,they will need some excuse writers pretty soon.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-11201120287344327132008-01-28T15:21:00.000-08:002008-01-28T15:21:00.000-08:00"think it is your ignorance that takes clouds your..."think it is your ignorance that takes clouds your judgement"<BR/><BR/><BR/>LOL , hilarious, sorry dude, I was here before the US RE market crash calling for it's demise as the US media pumps told you to "Flip that House" and I am here calling for the same in BC based on the same reasons,it's too friggin expensive to own a home here like it did in the US.<BR/><BR/> Americans are now being asked to pay what we pay after they get their mortgage renewed and they are walking by the millions. How long can stupidity reign supreme in southern BC ? <BR/><BR/><BR/>Sorry bud but your arrogance far surpasses anything I have ever posted that you seem to call ignorance. I do due diligence, you are clinging to a wing and a prayer.<BR/><BR/><BR/>and bulear, how old were you in the 1982 crash by the way ? 3 ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-33059688900386086152008-01-28T15:02:00.000-08:002008-01-28T15:02:00.000-08:00I believe I have outstayed my welcome. Never did I...I believe I have outstayed my welcome. Never did I realize that so many people, bullish and bearish, have tunnel vision.<BR/><BR/>I wish you all the best.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-49738941943001905402008-01-28T15:00:00.000-08:002008-01-28T15:00:00.000-08:00Greg,Did I say any of the B.S. that you are spewin...Greg,<BR/><BR/>Did I say any of the B.S. that you are spewing. All I did was provide you with some information that does point to a potential glut if the pre-sale condo's have not been sold. <BR/><BR/>Even if they have been sold to potential speculators instead of future residents that could make a glut as well.<BR/><BR/>Even though I can purchase without a crash it would still benefit me if it did. However, just from dealing with the comments on this board I hope to see it increase just so that you understand it is not about the information you know but it is about the information you so kindly do not seek.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-1373312758857320862008-01-28T14:55:00.000-08:002008-01-28T14:55:00.000-08:00Roger,Read my posts. Please explain to me where I ...Roger,<BR/><BR/>Read my posts. Please explain to me where I have made any guesses (other then my gut saying plateau/decline) on where the Victoria RE market is going to go? Thought my gut would have made you happy.<BR/><BR/>As you have seen I have only asked questions and asked for more information. Never have I pointed out that I believe via the information provided that Victoria is going to increase or decrease.<BR/><BR/>Do you truly believe that there is no merit to be given to any of the other factors that may be out there? Do they not deserve to be given some weight in the current equation?<BR/><BR/>You want to say that becuase affordability is at an all time high that the market should decrease. However, as I asked before - IF current average purchasers are making 150k or there is a significant amount of inheritances would that not skew your timeline?<BR/><BR/>Once again, I do not weigh in with a bull or bearish outlook. I just pose the question which could lead to a more conclusive outlook for better or worse. However, it seems like an open forum to explore facts for or against is not appreciated. <BR/><BR/>Yes, the market is going to crash. Please let me know when the million dollar Oak Bay home will be available for 500k.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-76286421847163709712008-01-28T14:53:00.000-08:002008-01-28T14:53:00.000-08:00Bulear said...Here is a helpful fact. 95% of these...Bulear said...<BR/><BR/><I>Here is a helpful fact. 95% of these new pre-sale developments do not list on the MLS. Therefore when a building is not doing well the MLS stats does not count the unsold inventory. When they do well and sell out they do not count in the sold section. So, depending on how many developments are out there and how much inventory is sold vs. unsold it could also impact our supply vs. demand in a good way or a bad way. As our supply is high, mentioned by Olives, it could mean that there is even more unsold inventory.</I><BR/><BR/>So what you are saying then is that the stats provided by the MLS and trumpeted by Victoria Real Estate board each month are worthless, because the market is driven by presales in buildings under construction?<BR/><BR/>How does that apply to single family homes or townhomes?<BR/><BR/>Besides, there are currently 900 condos listed on the MLS - any additional condos for sale off the MLS only increases the potential for a condo glut in the near future...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-57512970322044134322008-01-28T14:13:00.000-08:002008-01-28T14:13:00.000-08:00Mr. 4 AM Said:What's the next bubble? Gold? or Cle...Mr. 4 AM Said:<BR/><BR/>What's the next bubble? Gold? or Clean Energy?, no maybe its Emerging Markets?,<BR/><BR/><BR/>Good question? <BR/>I know of only three things that are known as investments:<BR/><BR/>1) the stock market<BR/>2) real estate<BR/>3) fine arts<BR/><BR/>During the dot com boom, many paper billionairs were buying fine arts with their instant wealth. Southebys was posting record prices for paintings. Vintage wines were escalating and 18th century furniture hit record highs.<BR/><BR/>However, for most of the last decade the decorative arts have flatened or declined in value.<BR/><BR/>I'm thinking that many real estate millionairs may start hedging their real estate profits in the fine arts market. So this is where I think a boom could be happen.<BR/><BR/>So dig out that 1976 Star Wars poster and Saturday Night Fever mirror.Johnny-Dollarhttps://www.blogger.com/profile/12950799399842707067noreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-44523209287513201282008-01-28T14:04:00.000-08:002008-01-28T14:04:00.000-08:00bulear saidRoger - I have to live in location to u...<B>bulear said</B><BR/><BR/><I>Roger - I have to live in location to understand it? </I><BR/><BR/><B>Yes</B> in order to <I>understand</I> why people paid what they did and their perception of value. Real estate is driven by peoples perception of value and is localized. For example, Regina prices are different than Saskatoon for the same type of house and neighbourhood. Why - I don't know - I don't live there.<BR/><BR/><I>I agree,then I guess the posts of what has happened in the U.S, U.K., Spain are not of relevance since many people have not lived in those areas and do not have true understanding of what went wrong.</I><BR/><BR/>However, one can <I>observe</I> history and make limited comments based on their limited understanding of an area where they don't live. For example, I have no idea why people would pay the prices that they did in Spain but I can only say that it <I>appears</I> to be a bubble. My comments are based on the past and it would be unreasonable for me to accurately predict what will happen in the future in Spain.<BR/><BR/>Most posters here are concerned about the future and since you have limited knowledge of the Victoria market you can only have the ability to make limited comments about the future of the Victoria RE market.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-87831427813259822202008-01-28T13:30:00.000-08:002008-01-28T13:30:00.000-08:00Roger - I have to live in location to understand i...Roger - I have to live in location to understand it? I agree,then I guess the posts of what has happened in the U.S, U.K., Spain are not of relevance since many people have not lived in those areas and do not have true understanding of what went wrong.<BR/><BR/>The questions about getting people to look for more answers was a fun one. It is interesting that people can say they are making an educated guess (and are sure they are right) about a 30-50% drop just based on what is happening out of country, affordability based on the average and rent/multiply. No other issues or factors need apply.<BR/><BR/>Roger - Not really into all the RE pump info. All I am looking for are more facts and answers to relevant questions. They can either lead to the same conclusion on this board, a lower decrease, or maybe the market will keep going for another year or two.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-8324779514669021912008-01-28T12:57:00.000-08:002008-01-28T12:57:00.000-08:00Greg,I take it you do not take time to let my post...Greg,<BR/><BR/>I take it you do not take time to let my post sink in. Not sure where you are getting that I am trying to point to a "sunny side". <BR/><BR/>All I am saying that bear or bull the more information that you have will help with a clearer picture.<BR/><BR/>Here is a helpful fact. 95% of these new pre-sale developments do not list on the MLS. Therefore when a building is not doing well the MLS stats does not count the unsold inventory. When they do well and sell out they do not count in the sold section. So, depending on how many developments are out there and how much inventory is sold vs. unsold it could also impact our supply vs. demand in a good way or a bad way. As our supply is high, mentioned by Olives, it could mean that there is even more unsold inventory.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-28682058097016031462008-01-28T12:48:00.000-08:002008-01-28T12:48:00.000-08:00bulearVG asked me in an earlier post to not be neg...<B>bulear</B><BR/><BR/>VG asked me in an earlier post to not be negative since it upsets the bulls. So my response to your comments will be as positive as possible.<BR/><BR/>I can understand as a business traveller that you have been looking on the Web for information on the BC real estate market. As I understand it your interests and property ownership has been in Vancouver and the lower mainland.<BR/><BR/><B>The Victoria and Vancouver real estate markets are drastically different</B> If you look at the socioeconomic and buyer demographics you will see what I mean. Vancouver has more industry, higher incomes and the buyer expectation is lower than Victoria. For example on Vancouver TV this morning they were showing a real estate agent showing a professional woman a 1 bed 400 sq. ft. condo for 250K. Folks wouldn't even consider living in one of those shoeboxes here.<BR/><BR/>Other differences include a higher number of retireees, slower pace of life, a different attitude to work/life balance and commuting. Flipping condos through assignments has not been successful here like it has in Vancouver.<BR/><BR/><B>One has to live in an area in order to understand what is driving the real estate market and to get a feeling for what is reasonable value.</B> As a resident of Victoria I have only a basic understanding of the Vancouver market and would not post my comments on a bull or bear site there because I would not know what I was talking about!!<BR/><BR/>Most posters have mentioned that this is a bear blog where we can share information of common interest. Most of us believe we are close to bursting the <A HREF="http://www.members.shaw.ca/needinbox/Bubble.html" REL="nofollow">real estate bubble</A>. Yes it is mostly RE market negative and if you are a real estate owner or bull some of it may be disconcerting or seem repetitious. <BR/><BR/>If you want the standard <I>real estate market pumping info</I> I suggest you read this <A HREF="http://realestateinfo.propertiesinvictoria.com/" REL="nofollow">RE agent blog</A> If you want to post here I think you will not find it productive unless you are a <I>troll</I> just looking to stir the pot.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-34412898592710482282008-01-28T12:37:00.000-08:002008-01-28T12:37:00.000-08:00Do I need to remind you Bulear, that you are the o...Do I need to remind you Bulear, that you are the one who precipitated this by calling VG "ignorant"?<BR/><BR/><I>Once again, not sure why you want to attack me for making you dig deeper.</I><BR/><BR/>Dig deeper? Umm, not sure why you don't start your own sunny blog with your own sunny stats and your own sunny predictions?<BR/><BR/>Really, we could all visit you there and question your sunny stats. It would be great!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7123542260692860177.post-14715448827362380162008-01-28T12:24:00.000-08:002008-01-28T12:24:00.000-08:00Those young families can rent illegal basement sui...Those young families can rent illegal basement suites.. helps owners pay the 40 year mortgage. Hell, why not just camp in Beacon Hill park, or start card board/tin metal shanty towns in and around Victoria. There's plenty of empty land around for that. I mean, that's the logical next step? Maybe that's why we have so many homeless and poor people here driving 40 year old cars and who can't afford to buy milk for their children. While some run around smarting about their "healthy profits", they do not care that others consequently suffer from their deeds, and in fact, the toll it has on many children in this town such as malnutrition (as parents pay all of their hard earned money for housing). But speculators don't care about society. They are greedy, selfish creatures who think me, me, me and who would even pull the plug on an ailing parent just to inherit more money.Anonymousnoreply@blogger.com