What are we going to do about all the billionaire and millionaire Chinks buying our houses? I live in Victoria, and I used to think it was a meme. House prices went up 17% in the last year. By the time I graduate university and save 100,000 CAD for a down payment, the average house in this town is going to cost a million dollars. It's going to be even more in Vancouver. "Drive to you qualify" is not acceptable. No one should have to spend more than an hour drive to and from work every day, and we wouldn't have to if our city planners and public transit weren't fucking retarded. It's also not a solution because at the rate the Chinks are driving up prices even suburban areas will be unaffordable soon.
The Chinks are uniquely slimey in that they use our residential properties to launder and store wealth and hide it from their communist government. Banning all foreign ownership would hurt American and European investors who have been part of the market for generations. If a Chinese national wants to own property here, they have to be a permanent resident and live in the building they are purchasing.
Robert Wilson
You are pretty racist for a leaf.
Nicholas White
Fuck you Muhammad. This is a real problem, and the main reason it hasn't been solved is that cucks cry racist whenever it is discussed.
Joshua Gonzalez
>cucks cry racist whenever it is discussed. Exactly. Diversity is our weakness and you cannot say anything against it.
What else is new.
Jaxon Nelson
Don't worry OP, the market will crash like no other soon. Then once it crashes you buy a house. The market will self regulated and it'll be fine.
Nolan Carter
...
Dominic Taylor
People said that 10 years ago. There are 1.3 billion Chinese and they keep getting richer. We aren't going to run out of rich Chinks any time soon.
Owen Lopez
SEA countries ban foreign ownership of property for this very reason. Chinese multimillionaires know they can't truly "own" property in their country because government can seize it on a whim with no cause and no court hearing, so they buy it up everywhere else they can.
Wyatt Wood
or we could just build more houses.
Jonathan Howard
They are fucking BC's entire housing market and the government won't do shit because they're not white.
The price is going up faster than we can build houses James Zhang.
Thomas Turner
The most logical answer is to do what most Asian countries do. Foreigners can only rent not own. Too bad the west scarified its common sense to the gods of political correctness.
Ayden Reyes
>Ban Chinese ownership of residential property
That would just lead to shell owners instead of the Chinese directly
James White
>real estate is too expensive! >it must be the CHINESE >not the liberal policies and running of the credit card that will land canadians in debt for years to come Yeah okay kid If I was canadian, I would be buying land and building my own house and it would probably be far cheaper than trying to snaggle some hell loan so you can live ten minutes from whatever the fuck you care about up there in beaverstan.
Andrew Turner
Technically we can seize the property of foreign nationals at any time too. I dont know about the laws in Canada, but in the US is a problem happens any property can de facto be taken back for the nation.
Blake Johnson
if*
Oliver White
If they got caught the government would seize their land, and it would be very easy to catch them. You can't move millions of dollars around without getting caught.
You didn't read the news story I posted you dimwitted fuck. Get out of the thread.
Ryder Fisher
move to america and pay less taxes, afford a house, and get paid more,
Grayson Sanchez
>beaverstan
Kevin Myers
>What are we going to do about all the billionaire and millionaire Chinks buying our houses? Elect a PM who won't allow this and who manages your economy in such a way where this isn't possible. Or freshen up on your Mandarin and get used to being owned by the Chinese.
From the way things are going, it seems like the latter is the more likely scenario.
Dylan Young
>elect Trudeau >expect things to improve
Grayson Martinez
I voted NDP. They are the only party that will do anything about this, provincially or federally.
Xavier Brown
le weed man wont go for that. odds are without them you dont have much realestate action
so your problem is le weed man. you know what to do *slides gun across table towards OP
Noah Myers
You can always try..the American solution..
Liam Myers
That means you should get engineer/builder education because it will probably become wanted.
Parker Anderson
We have this problem in some cities here
mostly it's corrupt officials and wealthy businessmen from China, Russia and elsewhere who are laundering their money and hiding it from their governments
they also use the property as currency to trade with eachother in ways that are more difficult to keep track of because it doesn't go through SWIFT payment system
the higher the prices go, the better it is for them because they don't have to buy as many properties to move a certain amount of money
properties in areas that have laws or legal loopholes that allow this are basically one of the main currencies of global corruption and money laundering
Isaiah Evans
>I voted NDP top kek
Jordan Carter
>le gays are le bad meme!
Are you a Syrian refugee come to teach us of the evils of the gays? How many medals did you get in ISIS?
Luis Butler
What's that?
Nolan Perry
just build more. eventually there will be a housing crash, and god willing, the government will let house prices go down substantially, so that people can afford them.
Charles Reed
>give chinks money for crap you don't want >get mad when they use your money to buy the only shit you have worth a damn
Why u mad tho?
Leo Ross
Why can't you just build more houses?
Aaron Thomas
Raise the crime in the area
Hudson King
Problem is in Vancouver there are geographical constraints (mountains on one side, oceans on the other). Only way to build is up.
All of the downtown is just one big construction zone with new skyscrapers going up everyday, but the chinks buy them as fast as they are built. There is endless demand.
Michael Lewis
Because the houses not owned by the Chinese are smoldering cinders
Ethan Turner
Retarded urban growth boundaries
Also, hot real estate markets tend to build houses on the pricier side
John Gray
There are too many rich Chinks for prices to go down.
The prices are going up faster than houses can be built to correct the price. We're talking 20% per year growth minimum in Vancouver.
Andrew Brooks
Figure out what your squatters laws are, if the chinks don't go to them you might be able to move into one and inhabit otlong enough that it becomes yours
Gabriel Hughes
>making fun of the people who are inevitably going to be your liberators
William Brooks
>The prices are going up faster than houses can be built to correct the price.
So why don't you move?
Lincoln Murphy
>Americans in charge of knowing any sort of foreign countries struggles. Even it's northerly neighbor.
Did laugh at >Beaverstan
Ryder Howard
Best solution is to ban them? Your substitute drama teacher/leader wouldn't ever do that. Do the Detroit. Move in thousands of Muslims. They will destroy it, drove down property values and in ten years you'll be able to buy that million dollar house for $100. Six months of work, or $20k, and you can rebuild it for less than it costs now.
Dylan Bailey
Its not that easy in Canada.
The two cities with the most jobs (depending on your field, vancouver and toronto) have exorbitant housing prices (2million is average cost of an apartment or small home).
Outside of those two cities its cheaper but you can't find work and they are literally in the arctic.
Ian Cooper
Parents bought their house for 115k Currently it's worth 1.2 million
Welcome to the London property market.
Jose White
Blame fucking Toronto, Quebec, vancouver and east coast cucks >Voting ndp They are literally meme status. They care more about fag rights and immigrants than anything in Canada
Jose Hernandez
they have to not be paying taxes on those houses and you have to assume all utilties and pay those taxes for them. assuming the billionaire asian owner finds out and takes you to court. Youre fucked
Christopher Ramirez
Muslims don't want to move here for the most part because its too cold and there are no cheap places for them to live (we dont really have slums)
Tyler Powell
parents bought theirs for 200k 15 years ago.
Now 2.5million.
Isaac Diaz
Why are the chinks getting richer?
Eli Cook
I'm in computer science and I'm an Anglophone, so I cannot live anywhere except Vancouver and Toronto. I might be able to stay in Victoria a little longer if I stay with my parents to make up for the lower wage.
You're forgetting that Canada has fewer than 10 real cities.
No jobs were created outside of Vancouver and Toronto last year.
Luke Clark
China has 5% economic growth. They get a new billionaire everyday.
Caleb Reyes
Because of ous Americans right? Sending jobs to china like trump right?
John Lopez
>The two cities with the most jobs
What is Ottawa? What is Montreal?
>Outside of those two cities its cheaper but you can't find work
Well if your skills are shit, why is it the fault of the Chinese?
Jack Reyes
have sex with their wives and daughters
Julian Sullivan
They are like us in 1900. It's economic growth.
Asher Johnson
I have a PhD in economics.
The only jobs in Ottawa are government jobs, fucking working for the government.
Montreal you need to be fluent in french. Also if you aren't from there they wont hire you.
Camden Jenkins
>I'm in computer science and I'm an Anglophone, so I cannot live anywhere except Vancouver and Toronto.
That seems like a shitty excuse, senpai.
Nicholas Carter
In Markham the Muslims compete with the Chinese and its just raising the prices even more.
Connor Murphy
Cities run by leftist cucks often have laws that are very lenient toward squatters.
If these chinks aren't living in the houses then move in and change the locks.
Cooper Taylor
holy moly. the entire west coast of canada appears to be one city, vancouver... the rest is mountains.
Adrian Phillips
Fuck chinks and gooks in general!
Leo Ross
Change the law to ban foreign landownership and dispossess them of their property.
Levi Lopez
>wait for housing bubble to collapse >chinks lose all their shekels while white people are unharmed
Jaxson Baker
So many self-hating leafs in here. Your people are conquering western nations with your wallets and you should be proud.
In fact, why not go down to a Tim Horton's for some dog steak? Treat yo self.
David Russell
do what every sane country does and make it illegal for non-citizens to own land. >yes i know the US doesn't do this
Gavin Collins
>voting NDP You are the reason that Canada is fucked. I hope you are happy.
William Nguyen
Been waiting damn near 15 years now.
The market in vancouver and toronto didnt even flinch in 2007/8
Asher Rogers
I have no idea why people would even want to live in Toronto. It is such a shithole
Christopher Price
>and they are literally in the arctic.
Stop using a proxy faggot.
The two cities you mentioned actually have better winters than a lot of the northern states, especially in recent years.
Jace Richardson
>Montreal you need to be fluent in french. Also if you aren't from there they wont hire you.
This is why I regard Quebec as a separate country. I considered learning French to work there, but then I learned about the discrimination against non-Quebecois and just noped the fuck out.
Are you retarded? It's an excellent excuse. How many software development jobs do you think there are in Winnipeg? How much do you think they pay? You know nothing about Canada. Just get out of the thread.
Fuck you Abdullah Ahmed Muhammad Jaween Kareem Kabar Zamir al-Andalus abu Hassan ibn Kaldun bin Laden.
NDP is the only party that cares about housing affordability. Just because they are big, bad, scary feminists that hurt your GamerGate feelings doesn't mean they are worse than Hitler.
This is what Americans don't get. Our market was totally unscathed in 08.
Jayden Jenkins
Toronto is fine. It has our lowest crime rate and lots of jobs. You're just scared of the darkies.
Henry Ortiz
Even out here to the east, housing pricing is fucking insane, you need to be up in Peterborough area before you can find a bargin.
Zachary White
>holy moly. the entire west coast of canada appears to be one city, vancouver... the rest is mountains. Breddymuch.
Oh and there's an island full of rednecks too.
Lucas Allen
Yup, its a fucking shit hole and has terrible weather.
But its where the good paying jobs are unfortunately.
Joseph Morgan
>buy a house at 19 using an insurance settlement. >no mortgage cash deal $250,000 house. >have it appraised last week >$380,000 $130,000 increase in 5 years, only like 20,000 worth of renovations. Thanks Chinks, real-estate turned out to be a great investment.
Jackson Myers
where? if I may ask.
Joshua Russell
>gamergate nice buzzword senpai, totally relevant. People that voted NDP literally threw their vote away. I don't understand how you idiots think they could ever get in power after Layton
Gavin Green
>our houses
How are they yours? Are you a communist or something?
Jordan Perez
>Ban Chinese ownership of residential property. how about we ban foreigners from owning our land. Seems like a no-brainer, why is this allowed?
Landon Gonzalez
I didn't throw my vote away, you fucking retard. The NDP won in my riding. You don't understand how our electoral system works.
They're Canadian. We have more rights to them than the fucking Chinese.
Because the government wants their property tax money.
Jaxson Hall
>Terrible culture >fucked public transit >Ugly architecture >insane house prices >thinks it's the New York of Canada lol great place indeed
Kevin Thompson
One thing the other responders leave out is that China is a cesspool of corruption and conmen ready to lie cheat and steal at any opportunity.
Robert Martin
>They're Canadian. We have more rights to them than the fucking Chinese.
So, you are a communist. Denying foreign ownership of land is one thing, claiming those houses are yours collectively is quite another.
Nicholas Richardson
>implying your riding will do anything to reform housing prices Face it, you bet on a dead horse
Kevin Wood
>Terrible culture >implying Toronto has any culture
Jaxon Evans
>Best solution: >Ban Chinese ownership of residential property.
No, best solution is founding out which houses chinese investors own, and burn them to the ground. If they're not even going to put people in them, might as well clear the space, fuck their investments and give jobs to contractors, kek
We did it in Detroit for fun, you can beat people will do it to an enemy nation to liberate the land and fuck another race.
Zachary Cooper
Its Nationalism, not communism.
Camden Adams
Good point, I stand corrected
Colton Clark
Am I crazy in thinking Trump will fix this?
Jason Garcia
Waterloo.
Matthew Hall
The nigs in detroit didn't have an army of lawyers, accountants and insurers.
Benjamin Phillips
They've already ruined the parts of south Florida that weren't already dogshit. I've lived in a chinese-billionaire-owned-home.
John Brown
No. If anything him clamping down on this same problem in the US would only make it worse here.
Michael Flores
this
Zachary Rogers
Nationalism has nothing to do with collective ownership of things like housing.
Jose Watson
You are putting words in his mouth. All he said is non canadians are not entitled to live over canadian citizens. Thats nationalism.
Lincoln Bailey
Trump will convince Alberta to secede and become the 51st US state
Samuel Robinson
Well, they can seize American property, like my Dad's store recently, but imagine if it was a recent immigrant's store.
It'd be in the national news as a racist attack.
Benjamin Jenkins
Communists don't believe in national rights you fucking idiot.
Levi Anderson
>tfw Albertan I'm in. Most Canadian posters here are faggots from Ontario or BC.
Liam Harris
You need to start building big ass towers like this close to the city centre.