FIVRE604 @FIVRE604 Twitter profile

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FIVRE604

@FIVRE604

1 month

This is crazy. What kind of person bolts after their dog kills another dog. Someone has to know who she is. The dog probably has a bite history and she's scared it will be taken from her. West End dog attack.

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FIVRE604

@FIVRE604

10 months

A HUGE Thank You to Morty. There's no question that Morty's superlative sleuthing, twitter engagement with council members, letters to BC Government officials and interviews with local journalists, helped draw much needed attention to our plight with Airbnb. 🍻, my friend

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FIVRE604

@FIVRE604

1 year

"Airbnb plans to remove all Quebec listings that have not been authorized by the provincial government" Ok... why can't our provincial government do the same? It's obviously possible and our rental situation is the worst it's ever been. @Dave_Eby

All unauthorized Airbnb listings in Quebec to be removed from app, company says | CBC News

A week after a deadly fire ravaged a building in Old Montreal that included units available for rent on Airbnb, the company says it plans to remove all Quebec listings that have not been authorized...

www.cbc.ca

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FIVRE604

@FIVRE604

5 months

Woah Chilliwack

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FIVRE604

@FIVRE604

30 days

@MarloVanMarck did she hide her car in the bushes?

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FIVRE604

@FIVRE604

1 year

COV is in a tough spot because I dont see Morty letting up. It's going to be pretty embarrassing if our salaried elected council members can't figure out a way to identify and fine illegal Airbnb listing, knowing Morty (in his unpaid spare time) is fully capable of the task

Mortimer

@mortimer_1

1 year

When homes become hotels... 5 room listings in a single $4 million house... all under the same license #23 -218309... If you need help @CityofVancouver I have the address... Host and the listings

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FIVRE604

@FIVRE604

10 months

There are almost as many condos for sale in Vancouver House (1480 Howe) as there are condos for sale in Kitsilano.

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FIVRE604

@FIVRE604

1 year

"I made it extremely clear, extremely clear that it's game on and here are the new rules that you'll have to comply [with]," the minister said" @Dave_Eby (just throwing ideas out there, Dave)

Short-term rental crackdown: New Quebec bill sets $100K fine for illegal Airbnbs

Quebec has followed through on its promise to crack down short-term rentals and introduced a bill in the national assembly that would tighten the rules on platforms like Airbnb.

montreal.ctvnews.ca

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FIVRE604

@FIVRE604

5 years

"‘Should a woman be forced by law to touch a penis she doesn’t want to touch?’ – that’s a more honest way of putting it, though it’s obvious why people don’t put it like that, given it would expose the fundamental misogyny at play in this demented case"

Canada’s bizarre trans-waxing controversy

Female waxers are being branded ‘transphobic’ because they refused to wax a trans-woman’s bollocks.

www.spiked-online.com

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FIVRE604

@FIVRE604

11 months

Listed yesterday. Hidden realtor's comments - "Tenanted month-month for $1800. Potential $8000/month AIRBNB income" If anyone was wondering why BC has the highest eviction rate in Canada. @Dave_Eby , stay strong, please.

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FIVRE604

@FIVRE604

10 months

I'm hearing the "big fish" is Westbank. @SteveSaretsky , correct me if I'm wrong. Lots of noise surrounding their Alberni by Kengo project. A significant number of buyers not closing.

FIVRE604

@FIVRE604

10 months

Most mentioned - Thind Most wished - Westbank Please let it be a Dev' that sells towers in Asia. It would be great if COV wasn't regarded as a slam dunk for investing YES we would survive if we didn't sell in Asia. Land price would adjust to accommodate building for local wages

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FIVRE604

@FIVRE604

2 years

Million $ before GST for a 1 BDR 🙄 Including maintenance fees you'll be looking at close to $5000 a month with $200,000 down. 4% mortgage.

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FIVRE604

@FIVRE604

4 years

Westbank Luxury #CaveatEmptor

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FIVRE604

@FIVRE604

3 years

WTF @georgiastraight , what are you thinking? At what point does this become libel?

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FIVRE604

@FIVRE604

5 years

Westbank just gave notice to assignment sellers. Remove MLS listing. 47 buyers that would have preferred not to close are now forced to close. #VanRE

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FIVRE604

@FIVRE604

6 years

Leave it to the Liberals to be more outraged about filling out an online form than they are about about money laundering, tax avoidance & evasion, and a lack of affordable housing for the citizens of B.C #Bcpoli #VanRE

Andrew Wilkinson 🇺🇦

@Wilkinson4BC

6 years

Leave it to the NDP to further fumble an already botched #speculationtax . Residents in communities like #Nanaimo , #Vancouver and #Kelowna , will have to register to be exempt – this is taxation by default. #bcpoli

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FIVRE604

@FIVRE604

1 year

Morty managed to shut down more Airbnbs yesterday than @CityofVancouver has since regulations were implemented

Mortimer

@mortimer_1

1 year

These AirBNB listings have magically disappeared…

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FIVRE604

@FIVRE604

3 years

No one's worked harder than Sam has to dig deep into the underground rot in Vancouver. Gutsy & proficient journalist (we lucked out). Looking forward to this read 🔎 "There was greed, folly, corruption, conspiracy, and wilful blindness" @scoopercooper

Wilful Blindness: How a network of narcos, tycoons and CCP agents infiltrated the West

www.amazon.ca

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FIVRE604

@FIVRE604

11 months

SELL

Fairbnb Canada Network

@Fairbnbcanada

11 months

Airbnb's regional director's standing up for commercial STR operators in #BCpoli , taking issue with the definition of STRs as rentals of < 90 days & the principle residence requirement. #Airbnb depends on ghost hotels, loves money making loopholes.

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FIVRE604

@FIVRE604

1 year

"Instead, the minister said immigration would be part of the solution to the housing challenge" oh dear

New housing minister says closing door on newcomers is no solution to housing crunch | CBC News

Canada's new housing and infrastructure minister says closing the door to newcomers is not the solution to the country's housing woes, and has instead endorsed building more homes to accommodate...

www.cbc.ca

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FIVRE604

@FIVRE604

6 years

BAN IT ALREADY, except for emergency situations. How hard is it to understand that these people, including those running the birth hotels, are taking complete advantage of our system. Wannabe immigrants taking the proper steps to become citizens must be furious.

Brad Barrett

@brad_barrett

6 years

Now the New York Times is reporting on Richmond’s ‘unscrupulous birth tourism’ #VanRE

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FIVRE604

@FIVRE604

6 months

One purchaser of one of the "below market value affordable-housing condos" owns 6 houses valued at aprox 8 million dollars. this is beyond....

Mortimer

@mortimer_1

6 months

Below market condo sales… “But a dozen of those condos were sold to people who already owned property — in some cases multiple homes worth millions.. 13 purchasers never lived in homes they agreed would be their principal residences” @Dave_Eby

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FIVRE604

@FIVRE604

11 months

pssssst @cafreeland , the Federal Gov could reduce the financial benefit of choosing STR VS LTR. Link every Airbnb listing to CRA. Every booking is charged a newly implemented Airbnb excise tax of 20%? 25%? Game-changer

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FIVRE604

@FIVRE604

11 months

pssssst @KenSimCity , no one cares about living in a "World Class City", we just want our housing to be more affordable for those of us that live and work here. Residents come before tourists.

FIVRE604

@FIVRE604

11 months

Enough with the silence. We're in a rental crisis and all of you are turning a blind eye to 1000's of suites that could go to long-term renters. @christineeboyle @AdrianeCarr @PtFry @LisaDominato @rebeccaleebligh @MikeKlassen @PeterMeiszner @KenSimCity @sarahkirby_yung

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FIVRE604

@FIVRE604

5 years

excuse me i have a very important announcement to make

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FIVRE604

@FIVRE604

6 years

Holy takedown batman "Vancouverites don’t need “re-education” about foreign ownership and housing affordability" #VanRE #JoshGordon

Josh Gordon: Vancouverites don’t need “re-education” about foreign

As assistant professor of public policy makes the case for why the public should be alarmed about the magnitude of foreign money in the local real-estate market.

www.straight.com

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FIVRE604

@FIVRE604

11 months

I still don't understand how buildings can opt out of City bylaws. I understand stratas can allow Airbnb but how are they allowed to bypass the principal residence stipulation? They are actively marketing units on MLS as full-time Airbnbs.

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FIVRE604

@FIVRE604

1 year

Max 25 year amortization allowed. Let the chips fall where they may. New-build units have to be sold to a Canadian resident. No more selling overseas. Abolish Property Tax Deferment Program for those age 55+ (except maybe proof of hardship) Ban Airbnb in struggling Cities.

Daniel Foch

@daniel_foch

1 year

If you were running for Prime Minister, what would you propose as a policy to fix housing in Canada?

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FIVRE604

@FIVRE604

2 years

Bought 2021 (new) - $1,924,900 Listed - $1,500,000 Assessed -1,359,000 Vacant Presales 😬

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FIVRE604

@FIVRE604

1 year

Nope, not buying that 63% had negative experience with renters. It's an easy excuse for running an illegal Airbnb. Sell your investment property if you dislike the idea of being a lawful landlord. Plenty of people who are willing to use that space as a principal residence

Lenny Zhou 🇨🇦🇺🇦

@LennyNanZhou

1 year

Completely agree! Here is what I found: I interviewed 8 STR operators (compliance status unknown) & 5 of them had negative experiences in the past in long-term rentals with non-paying tenants. Consequently, they opted to STR instead. When asked whether they would consider

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FIVRE604

@FIVRE604

10 months

Fuck off, Nathan. Do you think any of us, including the federal government, care if you "support" Fed Gov's decisions? 🙄 Airbnb made zero effort to rid their platform of illegal Airbnbs. @naterotman

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FIVRE604

@FIVRE604

2 months

This feels like a HUGE overstep of Council's duties. A 35 year plan tossed aside by a handful of people.

Sarah Kirby-Yung 楊瑞蘭

@sarahkirby_yung

2 months

”The Vancouver of 1989 when these view cone guidelines were set 35 years ago is not the Vancouver of today and nor do our residents have the same needs,” Vancouver Coun. Sarah Kirby-Yung said. “Some have suggested the views will be gone.… No, they won’t. They’re just changing,

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FIVRE604

@FIVRE604

10 months

Most mentioned - Thind Most wished - Westbank Please let it be a Dev' that sells towers in Asia. It would be great if COV wasn't regarded as a slam dunk for investing YES we would survive if we didn't sell in Asia. Land price would adjust to accommodate building for local wages

Steve Saretsky

@SteveSaretsky

10 months

A big fish in the Vancouver development space is toast. Spread thin and levered to the gills. It will turn heads six months from now when it becomes public knowledge. I’m only surprised it took as long as it did.

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FIVRE604

@FIVRE604

8 months

Nope. No one ever blamed "foreigners", we pointed fingers at our Gov when we were completely wacked by foreign capital entering our market. It completely distorted our market and the data should have made its way into policy sooner.

Jens von Bergmann

@vb_jens

8 months

What do you call it when people blame housing problems on foreigners? How does that kind of thing start, spread, and make its way into policy? @LausterNa and I call it Housing Nationalism, and we study its rise in Canada in a new paper out at JEMS:

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FIVRE604

@FIVRE604

30 days

@MarloVanMarck nah, I'll stop when she turns herself in. Until then ➡️ fair game

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FIVRE604

@FIVRE604

1 year

Get angry, Renters. Van City is supposed to be working for its citizens. Our housing situation (cost, low supply, Airbnb, etc..) should be their #1 concern. @CityofVancouver

Mortimer

@mortimer_1

1 year

"Calls are growing for more clarity from the City of Vancouver on what is permitted when it comes to offering short-term rentals"... Your move @KenSimCity @LennyNanZhou Jordan Deyrmenjian who has over 110 listings declined to speak with Postmedia 🤔

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FIVRE604

@FIVRE604

3 years

Crazy thread... Pondering how we can achieve more affordable real estate for Canadians while suggesting we ensure every current real estate purchaser never sees (on paper) their purchase fall below their purchase price. Affordability plan or pyramid scheme?

Adam Vaughan

@TOAdamVaughan

3 years

@SabrinaMaddeaux @JustinTrudeau The issue is how do we subdue inflation...the goal should never be to wipe out the equity people have in their primary residence..for a first time buyer purchasing tomorrow can you imagine if a week later the value of your home dropped by 25% I won’t advocate for that.

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FIVRE604

@FIVRE604

6 years

I don't think there is a chance in hell I could walk into River Rock with huge bags of cash and get away with it. These money launderers were clearly valued VIP customers who had special money laundering privileges

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FIVRE604

@FIVRE604

4 years

"Building permit is ready , rarely can build 10,800 sqft house on the agriculture land ,with almost 5600 sqft storage house ,700 sqft car garage ! Owner spend more than $2M build the back yard" Annual Property Taxes $364.03 #VanRE

Richmond FarmWatch

@FARMWATCHBC

4 years

Mansion being flipped after entire farm was replaced with private lake, boats, boathouses, racetrack. Left a small strip of blueberries which will provide tax break. #ALR #bcpoli #RichmondBC #vanre Check out this listing

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FIVRE604

@FIVRE604

11 months

This keeps happening. Owners of homes worth $2M+ saying they couldn't survive without Airbnb income. They build beyond their financial means (so they say) and then give us sob stories. Their woes VS renters woes ¯\_(ツ)_/¯ City councilors eating it up

Mortimer

@mortimer_1

11 months

If you are feeling bad for Aaron and want to help him out, please feel free to stay at his AirBNB If he would truly not be financially solvent without the AirBNB income... maybe rent it long-term or monetize their $2.5 million house and downsize...

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FIVRE604

@FIVRE604

1 year

The silence is deafening @KenSimCity @rebeccaleebligh @christineeboyle @AdrianeCarr @LisaDominato @PtFry @sarahkirby_yung @MikeKlassen @PeterMeiszner @BrianVMontague

Mortimer

@mortimer_1

1 year

House bought 2022 $5,260,000... for sale asking $5,850,000... "Tenanted". Tenant has AirBNB license 🙄 3 units on AirBNB with an expired license #22 -282438 "New owner can apply for airbnb licence easily"

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FIVRE604

@FIVRE604

5 years

"22.1 per cent of all babies born at Richmond Hospital for the last fiscal year were delivered by non-residents of B.C" This is ridiculous.

Richmond Hospital leads the way as birth tourism continues to rise

vancouversun.com

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FIVRE604

@FIVRE604

25 days

Can you imagine? 46% of our condos are investor owned. Eliminate investors from the buyers' pool & flood the market with investor owned condos. No one cares if investors sell.

brooke

@brookey_s

25 days

@vancolour This is all true. And nothing is stopping said landlord from liquidating that asset like a pina colada. And if suddenly there's no rentals because investors don't love being cash flow negative?

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FIVRE604

@FIVRE604

5 years

Quebec suspends its controversial immigration program for millionaire investors until July 1, 2020

Radio-Canada Info

@RadioCanadaInfo

5 years

Québec suspend jusqu’au 1er juillet 2020 son controversé programme d'immigration réservé aux investisseurs millionnaires

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FIVRE604

@FIVRE604

11 months

Except we have a shortage of nurses, doctors and construction workers because OUR HOUSING COSTS ARE TOO HIGH. They're not travelling around and staying in Airbnbs.

Karin Kirkpatrick 🇨🇦

@KirkpatrickWVC

11 months

🧵1. Protecting the ability of nurses, doctors, students and construction workers to serve communities by defining short-term rentals as 30 days or less.

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FIVRE604

@FIVRE604

11 months

Enough with the silence. We're in a rental crisis and all of you are turning a blind eye to 1000's of suites that could go to long-term renters. @christineeboyle @AdrianeCarr @PtFry @LisaDominato @rebeccaleebligh @MikeKlassen @PeterMeiszner @KenSimCity @sarahkirby_yung

Mortimer

@mortimer_1

11 months

Another house in Vancouver, bought June 2023 $2,500,000 Self contained suite now available on AirBNB License #23 -157844

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FIVRE604

@FIVRE604

6 years

"I don't know. I think that's a pretty good argument to..." If anyone was wondering why so much crud is floating to the surface of the Province she governed

Power & Politics

@PnPCBC

6 years

"If you're talking about 9,000 jobs and the attorney general is refusing to save them. I don't know. I think that's a pretty good argument to move the attorney general and find somebody who wants to support a growing economy," says @christyclarkbc #cdnpoli

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FIVRE604

@FIVRE604

5 years

I'm losing a lot of paper-wealth equity over here today. Not so sure I'll survive retirement. Can I get some help over here please. Back to an all-time high would be nice. Thank you.

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FIVRE604

@FIVRE604

10 months

Nothing pisses me off more than Airbnb hosts using locals to carry them through the soft months. If we didn't do this, they'd give up on Airbnb and rent long-term. Tempted to flag all these Airbnb listings on craigslist. Fuck'em.

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FIVRE604

@FIVRE604

7 years

Take down 😁 #VanRE @steeletalk @sam_sullivan @brettdrc @penultsquire @mtnbvan @jhwfung

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FIVRE604

@FIVRE604

3 years

We must protect this 38% annual rise in home price. Imagine if prices fell by 10% and the average gain was only 28%? can't even bear to think about it

Adam Vaughan

@TOAdamVaughan

3 years

@rCanadaHousing For avg..Cdn homeowners..in fact the vast majority..the principle in a home is the bedrock of their financial stability..no govt should hurt one group to help another..nor do we need to..speculators are a different story..govt policy should not protect investments over people/1

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FIVRE604

@FIVRE604

6 years

"The RCMP seized 132 kilograms of cocaine smuggled inside a container arriving from Brazil, as well as 40,000 fentanyl pills found during a subsequent search of a Richmond apartment. ...earlier this month, the Public Prosecution Service of Canada stayed the charges" #CarryOn

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FIVRE604

@FIVRE604

6 months

Purchased 2023- $2,360,000 Looking for a $3,240,000 profit on flip Seller has the same name as a realtor who works for the same company the listing realtor works for. In other words - I think the seller is a realtor. One to watch

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FIVRE604

@FIVRE604

5 years

If taxing foreign buyers and limiting free-riding by satellite families is enough to 'induce' a housing 'recession', then what does that tell you about the foundations of the market? Helmut doing his best to craft the narrative. #VanRE

Brent Toderian

@BrentToderian

5 years

Key intro messages to audience of developers etc from Helmut Pastrick at @Central1CU here at #VREF19 : - We’re in a “policy-induced housing recession.” (not a non-residential one) - Long term, real estate prices will double between 2016-2041, because of land values (no new land)

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FIVRE604

@FIVRE604

10 months

Those who are legally Airbnb'ing (in their principal residence) should 100% support the new regulations. Nothing to lose and lots to gain.

productofbc

@productofbc

10 months

@DailyHiveVan As someone who hosts on Airbnb, I support the changes. Also, Airbnb is trying to build up opposition to the changes. They called me today asking to share my info as someone opposed since I host, but as soon as I said I support the changes, the caller hung up on me.

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FIVRE604

@FIVRE604

5 years

So... Juan Huang of West Vancouver buys a Shaughnessy mansion for 10 million and rents it to his listing realtor who Airbnbs the entire house while living in the basement. EHT & Spec tax @bcndp @CityofVancouver . We're being had, as usual.

Mortimer

@mortimer_1

5 years

"Allen, who did not give his last name, said his living situation fits that description. He said he is a renter and works in the home everyday"... STR license is registered to Allen Young... An Allen Young also happened to be the realtor involved in the sale in 2016 #vanre

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FIVRE604

@FIVRE604

6 months

Ok @LennyNanZhou this is ridiculous. This guy has been illegally Airbnb'ing for YEARS. Prove to us that your enforcement team has the ability to shut down ONE illegal listing. @PtFry

Guest suite in Vancouver · ★4.85 · 2 bedrooms · 2 beds · 1 bath

Private 2 Bedroom Garden Suite

www.airbnb.ca

Mortimer

@mortimer_1

8 months

Hey @FIVRE604 look who is back renting short term... using an invalid license ( #23 -213669) for short term renting... from the guy who says he doesn't rent short term... where are we at on enforcement @LennyNanZhou ? 3-night minimum...

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FIVRE604

@FIVRE604

3 years

Real estate Industry - Holly f**k the market is insane. Winning bids are WAY over asking price. Government - That winning bid buyer should be protected. Just imagine if they ever saw their paper-price fall 10% below their 10% over-asking offer price. Too sad to even imagine.

FIVRE604

@FIVRE604

3 years

Crazy thread... Pondering how we can achieve more affordable real estate for Canadians while suggesting we ensure every current real estate purchaser never sees (on paper) their purchase fall below their purchase price. Affordability plan or pyramid scheme?

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FIVRE604

@FIVRE604

4 years

We're now seeing projects convert from condo to rental buildings. Pre-sales are dead. This is GOOD. Last thing we want to see is spec tax gone and overseas speculation and marketing pick up. BC Rental Project doesn't appear to be looking out for renters.

Mo Amir 🪬

@vancolour

4 years

BC Rental Project claims the BCNDP built 2,963 affordable homes (BC Liberal messaging verbatim). On Monday's This is VANCOLOUR, @selinarobinson says the number of open/underway affordable homes is actually ~25,000. Map of affordable housing projects:

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FIVRE604

@FIVRE604

8 months

This building, Alberni by Kengo Kuma, boggles my mind. A few listed as "1 bedroom" that clearly do not have a bedroom, this one included. Missing balcony too. Seller - Realtor, Jacky Chan! One to watch. Paid - $1,590,000 Maintenance fees - $837

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FIVRE604

@FIVRE604

2 years

We have a winner, Peeps Purchase price - $136K !!!! Assessed - $2.3M Asking - $8.7M Days on market - 315 #GreedDiaries

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FIVRE604

@FIVRE604

1 year

Is this on your radar, @KenSimCity ? Morty has exposed hundreds of these over the last month. Sincerely, Renters in your City @sarahkirby_yung @rebeccaleebligh @christineeboyle @AdrianeCarr @LisaDominato @PtFry @MikeKlassen @PeterMeiszner @BrianVMontague @LennyNanZhou

Mortimer

@mortimer_1

1 year

An absolute complete joke in the City of Vancouver... Moe has 4 AirBNB listings (all < 30 nights)... all with expired Short Term Licenses... In addition, has used the 2 license numbers for multiple self contained units... How? 🤦‍♂️

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FIVRE604

@FIVRE604

5 years

Suzanne absolutely nails it. "It was an absolute frenzy – cheered on by local governments, the real estate and development industry, downsizing homeowners, speculators, and everyone else who stood to make money exploiting the city’s shiny new image"

LETTER: Full impact of money laundering hits home

Dear editor: When I tuned in to [the May 8] press conference into the impact of money laundering on B.C.’s real estate market, I thought I was prepared for what I would hear.

www.nsnews.com

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FIVRE604

@FIVRE604

1 year

omg Airbnb, I hate you so much

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FIVRE604

@FIVRE604

5 years

"Chinese investment and immigration to Metro Vancouver is essential to this market, as 80 to 85 per cent of business immigrants who come here are now from China" How's about we try to attract a variety of people? Just a thought.

Commercial Real Estate: Vancouver developing a bad reputation for foreign investment

vancouversun.com

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FIVRE604

@FIVRE604

6 years

BC has become known for rampant tax evasion and money laundering. New NDP govt wants to collect data to stop it. BC Liberals: Privacy! Any wonder how we got here? #VanRe #BCpoli

Richard Zussman

@richardzussman

6 years

BC Liberals have written to privacy commissioner about concerns over privacy and collection of Spec Tax information. #bcpoli

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FIVRE604

@FIVRE604

6 months

4 months later and still operating as an illegal Airbnb, @LennyNanZhou & @CityofVancouver @Dave_Eby Why are we paying the wages of our Airbnb enforcement team if they can't do their job?

FIVRE604

@FIVRE604

10 months

Brand new listing. Pretty historic & recognized building in Kits. All the Airbnb news lately and they just completely ignore. @LennyNanZhou are we wasting our time tagging you? Please just answer yes or no. @CityofVancouver

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FIVRE604

@FIVRE604

6 years

@ClintFalin @Habs4Stanley find it Clint

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FIVRE604

@FIVRE604

6 months

Chinese real estate developer. Failed development. Court ordered sale

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FIVRE604

@FIVRE604

6 months

@mortimer_1 @KahlonRav What a joke. So we have a salaried Airbnb enforcement team that can't enforce bylaws.

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FIVRE604

@FIVRE604

11 months

Or you could start enforcing your own bylaws and fining illegal Airbnbs. No hands on deck & no hammers needed. Just follow Morty's twitter and use the 8 already paid enforcement officers. 1000's of units back to long-term renters pronto.

Mayor Ken Sim

@KenSimCity

11 months

Today, I was joined by Team ABC to outline new proposals we are putting forward to build more houses, faster. Getting new homes built takes all hands on deck, and today, we sent a clear signal that the City of Vancouver is ready to take bold action to get it done.

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FIVRE604

@FIVRE604

2 years

he had 393 days to fix this photo

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FIVRE604

@FIVRE604

3 years

If they truly believe our homes shouldn't be passive investments for offshore money, they should ban offshore pre-sale marketing/exhibitions/sales-offices. We're the only city that relies on Asian $$ to meet financing sales quota to begin construction. It's ridiculous.

Holly Doan

@hollyanndoan

3 years

Foreign speculators face January 1st equity tax of $10,000 to $12,000/year in Canada’s priciest housing markets. “Houses should not be passive investment vehicles for offshore money,” says @FinanceCanada . #cdnpoli

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FIVRE604

@FIVRE604

2 years

😶 Imagine if they stay near this level for a year.

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FIVRE604

@FIVRE604

6 months

Today's new listing in "This masterpiece residential skyscraper by Kengo Kuma" is a beauty ! Access to the balcony is through the master BDR. Kitchen is in the living room. 2nd BDR dweller has to deal with an oddly placed large column. $3M 1000 S.F

FIVRE604

@FIVRE604

6 months

ooop 3 new listings in Kengo today. One listed $500K below assessed value.

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FIVRE604

@FIVRE604

5 years

Does anyone believe condo prices (flat from 2009-2015) would have appreciated 60%-100% in 2.5 years had overseas developers & investors not played a part? Our top Industry experts expressed concern when the rapid increase began.

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FIVRE604

@FIVRE604

5 years

Oh dear. @MelissaDeGenova trying to justify selling what council says is very limited housing stock to overseas investors by claiming they may have left Vancouver for HONG KONG because they were priced out of Van. And NOW they can afford brand new shiny condo in Van & AHV 👍👏

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FIVRE604

@FIVRE604

5 years

Even an outright ban on foreign nationals buying B.C. property would not be as effective as the speculation tax, Gordon believes. That’s because such a ban “would not address the more influential phenomenon of wealth migration,...." @DouglasTodd #BCpoli

Douglas Todd: Why we need to stop subsidizing foreign ownership of Metro Vancouver housing

vancouversun.com

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FIVRE604

@FIVRE604

3 years

the thing that never happens keeps happening

Mortimer

@mortimer_1

3 years

“A citizen of the PRC reported average annual earnings of $40,615 to Canadian border agents yet went on to buy $32 million worth of Vancouver real estate..moving $114 million from Hong Kong-based depositors with connections to organized crime and the CCP”

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FIVRE604

@FIVRE604

5 years

Am I the only one that thinks we're paying too much attention on the dollar amount injected & the percentage it impacts price? There are a lot of shady fuckers buying our homes, it'd be great to find out who they are, who allowed this to happen, and how we can stop this. Period

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FIVRE604

@FIVRE604

6 years

Opponents of the speculation tax were always going to have to defend tax avoidance and free riding at some point. Didn’t expect it so soon and so blatantly from @Wilkinson4BC . Yikes. #Vanre

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FIVRE604

@FIVRE604

4 months

Currently 11 units for sale. 9 of them advertising they can be used as a short-term rental Airbnb. @Dave_Eby why is this building allowed to skirt our City laws?

FIVRE604

@FIVRE604

11 months

@mortimer_1 @LennyNanZhou @CityofVancouver @j_mcelroy One to watch. They won't want any potential buyers reading those strata minutes.

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FIVRE604

@FIVRE604

6 years

We had a hunch. #VanRE

Joyce Murray

@JoyceMurray

6 years

Did you know that 80% of money laundering is now done through the real estate because it is not covered by Proceeds of Crime (Money Laundering) and Terrorist Financing Act? Thanks, @CdnTaxFairness for alerting me to that fact yesterday. Great meeting!

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FIVRE604

@FIVRE604

5 years

Developer blaming NDP & socialism for Michelle Yu's inability to entice Asian buyers to pay $2200+ a S.F for units in a 42 year old building at the foot of a bridge. #VancouverStrong

Thomas Beyer

@ThomasBeyer

5 years

@FIVRE604 There’s @bcndp wealth destruction in action. Socialism = everyone is worse off in their shared misery of declining property values, less construction, fewer jobs and lower taxes collected.

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FIVRE604

@FIVRE604

4 years

"The lack of connection between soaring housing prices and tepid local wages in Metro Vancouver is caused in large part by hidden foreign ownership, says a peer-reviewed study from SFU that is being welcomed by the B.C. minister responsible for housing"

Douglas Todd: Hidden foreign ownership helps explain Metro Vancouver’s ‘decoupling’ of house...

vancouversun.com

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FIVRE604

@FIVRE604

5 years

Imagine paying $759,000 19 years ago and feeling pissed off that assessed value has fallen from peak insanity highs of 18 months ago to ~$3,500,000 "our entire retirement savings ("needed to survive") is down 30 per cent" @swmaplebooty @StephenPunwasi

Fenella Sung

@FenellaSung1

5 years

What about the past 10 years? Soared at least 100%? Their 4.2-million home value has dropped 30% in the past 18 months. Retirement plan has always been to “take equity out of the home for us to survive. So our entire retirement savings is down 30%." @HALT_YVR @mtnbvan @FIVRE604

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FIVRE604

@FIVRE604

10 months

Jason wants nice fully-furnished condos for our tourists and government subsidized housing for our local working plebs.

Daily Hive Vancouver

@DailyHiveVan

10 months

A Metro #Vancouver #Airbnb property manager is calling the province’s new short-term rental restrictions an overreach. What do you think of the province’s new short-term rental restrictions?

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FIVRE604

@FIVRE604

3 years

omg How hard is it to take a few minutes to think things through 🙄 Demand strong & prices increasing. hey guys, GOOD NEWS, we're going to increase demand even more by opening up the buyers pool a bit wider and allowing you to take on more debt

Dr. Hedy Fry

@HedyFry

3 years

Good news for future homeowners in Vancouver & Victoria! #GOC raises the qualifying income for the First-Time Home Buyer Incentive from $120,000 to $150,000 & increasing total borrowing threshold from 4 to 4.5 times the qualifying income. #cdnpoli #vanpoli

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FIVRE604

@FIVRE604

3 years

This Missing Middle project that's around the corner from me is now up for grabs in Asia. Tell me why we need to sell a 12 unit project in Asia if our new supply is so inadequate? See ya later Institute for the Deaf and Hard of Hearing - Hello overseas landlords/Investors

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FIVRE604

@FIVRE604

5 years

Can a day get any better? 🥳🍻

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FIVRE604

@FIVRE604

3 months

#VanRe #ToRE :)

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FIVRE604

@FIVRE604

8 months

The asking price is 25% lower than their 2016 purchase price

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FIVRE604

@FIVRE604

3 months

dear God was there not a peaceful middle ground

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FIVRE604

@FIVRE604

6 months

Today's new listing in "This masterpiece residential skyscraper by Kengo Kuma" $3,000,000 will get you this living room / kitchen combo. I cannot imagine the face of the pre-sale buyer during their 1st walk through.

FIVRE604

@FIVRE604

6 months

Alberni by Kengo Kuma never disappoints Hoping to break out even

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FIVRE604

@FIVRE604

8 months

Richmond real estate

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FIVRE604

@FIVRE604

6 years

BNN - "Vacant properties fall 15% YOY-2018 amid empty home tax" Instant supply. Imagine if they truly cracked down on full-time Airbnb.

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FIVRE604

@FIVRE604

5 years

. @kennedystewart It's hard to know what to do about Airbnb because some use it to help pay off their mortgage ? - What did folks do before Airbnb? - Did folks buy knowing they'd have to violate bylaws to be able to afford mortgage? - STRs can increase RE price!! @steeletalk

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FIVRE604

@FIVRE604

5 months

16 years ago 700 residents were replaced. In 2 years they'll build a 48 unit project that'll have 30% allocated to "social housing" = 14 units. "on Thursday, Vancouver Mayor Ken Sim took the credit" FIFA & Little Mountain - Sim's achievements

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FIVRE604

@FIVRE604

2 months

This is how it's done. Instead, COV increased the licence fee to $1000, and pay an Airbnb Enforcement Team who can't even be bothered to peruse the listings to see if they comply with our laws. Fingers crossed @Dave_Eby 's Team will be more about enforcement than the $$$

More Perfect Union

@MorePerfectUS

2 months

Barcelona is banning Airbnb. The mayor has announced that he will not renew the licenses for any of the over 10,000 short-term tourist rentals in the city. By 2028 all of these apartments and houses will go back into the rental market for local residents.

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FIVRE604

@FIVRE604

5 years

If you had any doubt Spec & EHT are working... - Local buyers feeling more optimistic - Local renters happier about their situation - Foreign buyers angry about having to contribute if they buy holding property here @bcndp @Dave_Eby @carolejames Thx 👍

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