Quote:
Originally Posted by peter12
The racist card is frequently pulled to obfuscate a very important issue.
Yes, FOMO, low interest rates, and cognitive biases have all played a part in this mess, but there are some very important criminal interests from mainland China playing a very dangerous game at the top of the market.
This is indisputable. To ask for numbers at this point is pure sophistry.
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Agreed. The Vancouver market seems destined for a crash. It is a shame because it seems this bubble could have been avoided (or at least mitigated substantially), by enforcing current law. Anti-money laundering enforcement seems like an obvious starting point. The primary residence rule on capital gains should be a very simply issue to deal with which would make the Vancouver market (and Canadian market in general) less appealing. None of this unnecessarily targets foreign buyers or should invoke claims of racism either.
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From HFBoard oiler fan, in analyzing MacT's management:
O.K. there has been a lot of talk on whether or not MacTavish has actually done a good job for us, most fans on this board are very basic in their analysis and I feel would change their opinion entirely if the team was successful.
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