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Hello from a fellow white hot property market (London). The probability of anything worthwhile being done in BC is approximately zero. The govt will do stupid s

Hello from a fellow white hot property market (London). The probability of anything worthwhile being done in BC is approximately zero. The govt will do stupid shit like issue cheap loans to young people to "get them on the housing ladder" which just inflates prices more. If you're rrally unlucky, your lot might even invent new and more stupid ways to heat up a too hot market.

Tiktaalik 9y ago
Yep! Issuing cheap loans to young people is literally what the previous neo liberal government did. Of course local economists which warned against the plan found after that it increased prices. Now however the province has elected a labour government which has mentioned numerous times to expect action on the demand side and expectations are sky high that they'll be a bit different. Here's an article about people are expecting today. A tax on foreign capital is expected. http://www.cbc.ca/news/canada/british-columbia/bc-ndp-government-housing-affordability-1.4542462 http://www.cbc.ca/news/canada/british-columbia/bc-ndp-govern...
- ttul 9y ago
  Additionally, the new Solicitor General is a tough as nails guy who previously sued the conservative federal government into allowing supervised injection sites for addicts, and then beat the former premier in her own riding, forcing her to move 350km.
  - kayone 9y ago
    If I had to pick one politician out of the whole country that I trust the most it would without a doubt be David Eby.
    - Tiktaalik 9y ago
      Yeah honestly voting NDP in the last election would have been justifiable even just to elect Eby to clean house.
    - mediocrejoker 9y ago
      I can't say this quote (from the article) inspires a lot of faith. "This story confirms our government's commitment to taking action to crack down on money laundering and criminal activity in B.C.," David Eby said. I'm not even sure how to parse it. In my mind this story does anything but "confirm" the government's commitment to stopping this; in my mind it confirms that someone was asleep at the wheel. Perhaps he meant to say "this story has inspired us to crack down..." but the cynical part of me thinks that a politician would never admit there was a problem that they did not already know about. In any case, I will pay more attention to what David Eby does than what he says.
      - Tiktaalik 9y ago
        The context is that this is a new government. The old BC Liberal government didn't care about any of these problems at all and allowed them to fester for years. The new NDP government suspected there were severe problems and were starting to act on them. The article "confirms" that indeed the problems are severe, and the new government is correct in their belief that it's an important issue for their government to address.

Tiktaalik 9y ago

Yep! Issuing cheap loans to young people is literally what the previous neo liberal government did. Of course local economists which warned against the plan found after that it increased prices. Now however the province has elected a labour government which has mentioned numerous times to expect action on the demand side and expectations are sky high that they'll be a bit different. Here's an article about people are expecting today. A tax on foreign capital is expected. http://www.cbc.ca/news/canada/british-columbia/bc-ndp-government-housing-affordability-1.4542462 http://www.cbc.ca/news/canada/british-columbia/bc-ndp-govern...

ttul 9y ago
Additionally, the new Solicitor General is a tough as nails guy who previously sued the conservative federal government into allowing supervised injection sites for addicts, and then beat the former premier in her own riding, forcing her to move 350km.
- kayone 9y ago
  If I had to pick one politician out of the whole country that I trust the most it would without a doubt be David Eby.
  - Tiktaalik 9y ago
    Yeah honestly voting NDP in the last election would have been justifiable even just to elect Eby to clean house.
  - mediocrejoker 9y ago
    I can't say this quote (from the article) inspires a lot of faith. "This story confirms our government's commitment to taking action to crack down on money laundering and criminal activity in B.C.," David Eby said. I'm not even sure how to parse it. In my mind this story does anything but "confirm" the government's commitment to stopping this; in my mind it confirms that someone was asleep at the wheel. Perhaps he meant to say "this story has inspired us to crack down..." but the cynical part of me thinks that a politician would never admit there was a problem that they did not already know about. In any case, I will pay more attention to what David Eby does than what he says.
    - Tiktaalik 9y ago
      The context is that this is a new government. The old BC Liberal government didn't care about any of these problems at all and allowed them to fester for years. The new NDP government suspected there were severe problems and were starting to act on them. The article "confirms" that indeed the problems are severe, and the new government is correct in their belief that it's an important issue for their government to address.