'Hedge Cities' and Property Bubbles Ruining Quality of Life.

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>In “hedge cities”, prime destinations for global capital seeking safe havens for investments, housing prices have increased to levels that most residents cannot afford, creating huge increases in wealth for property owners in prime locations while excluding moderate- and low-income households from access to homeownership or rentals due to unaffordability. Those households are pushed to peri-urban areas with scant employment and services.

waiting for canadians to defend this

I love it, it's hilarious!

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>>128275496
it's sad. but i get the schadenfreude too sometimes

>>128274561
It's rich overseas buyers that have pushed up the housing prices.

>>128274561
We don't, why do you think people were up in arms when they announced a 15% foreign buyers tax?

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thread theme:

https://www.youtube.com/watch?v=InRDF_0lfHk

>>128274934
Why did we let these chugs live?

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>>128276194
what's a chug?

>>128274507
Oh its the autistic brit again with his daily CanadaHate Thread! Dont forget to fire up your Canadian proxy and shitpost to yourself about Canada!

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>>128276369
>Dont forget to fire up your Canadian proxy and shitpost to yourself about Canada!

fascinating theory.

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>>128274507

Canada is turning into Sweden 2.0

http://archive.4plebs.org/_/search/subject/knowledge%20bomb/username/anonymous5/tripcode/%21%219O2tecpDHQ6/

>>128276313
The group formerly called "natives".

We renamed them after their affinity to chug any intoxicant within reach.

>>128274507
buy-to-let is a shit system that increases inequality. I take it that's what they're talking about?

>>128276571
sweden is going to look like paradise by the time these leafs are done with themselves.

>>128274561
It will force people out of cities and into red-pills. The more government tries to help, short of banning foreign ownership of property (a HIGHLY nationalistic response), the worse things will get. Subsidies and other government programs only exacerbate cost issues and bankrupt the exchequer.

Canada will either embrace nationalism or destroy itself. Considering it's Canada, I think we know which outcome is more likely.

>>128274561
>>128274507
same shit for touristy coastal areas

>>128276798
It's Chinese millionaires putting their wealth into foreign property because the Chinese government can't seize that from them when it's time to flee.

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>>128277036
they're fucked. canadians cannot hold a dialogue with each other about their probems. The are highly conditioned to attack anyone who speaks out and they cannot, for the most part, even articulate what is wrong. They taught 'em wrong on purpose.

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>>128274507
A lot of this 'financialization" isn't necessarily the issue, the issue is that every step of building a house requires and inspection and a permit. The cost of building a house has doubled because of a mass of government busy bodies that meddle in building homes. The tradeoff of building a standard of high quality homes on building code has had the cost of dramatically raising the housing costs. That and the housing in Vancouver and Toronto increasing due to wealthy immigrants.
>>128274934
Someone should gas these people. I know this mass of subhumans that hate this country are going to ruin the 150th for us patriots.
Pic related is the flag we should move back to.

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>>128277546
>Pic related is the flag we should move back to.

that flag is probably going to be a hate crime soon.

only white supremacists fly it don't you know.

>>128274507
Next time you see a Boomer, thank them for all the bad decisions that led to this point in time.

No doubt this is one of the things Finance Minister Bill Morneau is talking about at the Bilderberg meetings. Probably trying to let everyone know that the bubble is deflating and how the Canuckistan gov't is going to deal with it.

Meanwhile, Trudy does rad things for his Instagram/soc. media followers. With any luck, RE goes full retard and wipes out over-leveraged Canucks and the blame gets laid squarely on Trudy before the next election.

>>128277367
Pot calling the kettle black there mohammed.

Dont bong police investigate hate-tweets on the regular over there?

>>128277905
I lost my twitter permit for posting a sharpened training knife, i don't know what it's like these days.

>>128276571
You've been outed as a 30 something NEET attention whore.
LEL
Go away bud.

>>128276313
the irish.

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>>128277847
>No doubt this is one of the things Finance Minister Bill Morneau is talking about at the Bilderberg meetings

They aren't going to be trying to figure out how to improve your lot in life, that's for certain.

They are going to fuck you.

>it is lowering the quality of life for everyone not riding the bubble.

And everyone riding the bubble, doesn't give a fuck anyone else is suffering.
They also drag the economy along, since their the only people with money.

I donno anymore, I caring is pointless. I think most Canadians realize that and fall into drugs or booze.

NO ONE actually wants to live here. Everyone in Canada wishes they where American. They just sputter conditioned meme lines as a defense mechanism.

This country sucks so fucking bad.

>>128277367
Canada is a weak confederation of every different people. It will break up and everything outside of Ontario & Quebec will be absorbed into the USA or Russia (the north).

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>>128278893
How much does it piss you off when one of the cucks tells you to love it or leave it? they know you can't. it must be aggravating.

How about that new $15 wage. That's going to be fun for those who still have a job... until they see their taxes.

>>128278621

Agreed. I imagine they're hoping for a slow melt in RE prices while at the same time keeping up their multiculti program. Canucks are so overleveraged now, it's crazy. I'm a renter/saver, so I hope the whole thing fucking collapses and burns like the US in 2007~2009.

>>128274934
What the absolute fuck

>>128279360
It doesn't anymore. I'm came to accept I'm here till I die. It's in my DNA or some shit.
Whatever I guess..............
One day I'll be dead and that's my only solace.
I know how vampires feel

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>>128279472
>I'm a renter/saver, so I hope the whole thing fucking collapses and burns

bump and upvote all canada collapse threads. make your own too. the time a correction takes can be compressed - it's doable. It will translate into more money for the poor.

>>128279360
There is no place to go, this stuff happens on a global scale. Doesn't matter where you go.

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>>128280045
You're your own prisoner m8.

>>128279924

I want 3 things to happen out of this:

1. Resetting of RE prices
2. Smug, over-leveraged home 'owners' to see that their paper wealth is worthless and not real unless they can actually sell at a higher price than they purchased.
3. Liberal government wipeout.

>>128276571
Hi Frank!

In 30-40 years, Canada is going to be EMPTY

There's only 35,000,000 of us to begin with. Over half the population is over 50.
Once they all die, well, there goes half of 35 million.
At least there will be a lot of empty million dollar houses for the Chinese to buy.
Leaving stuff for your kids is a greedy American thing. Baby Boomers worked hard their whole lives and will spend every dime and more to enjoy life till 99 on FREE Healthcare.

Whatever. I'm going to make sure I have mine, regardless of what happens here.
I'm Canadian. Fuck you, I'm getting mine.

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>>128280436
>In 30-40 years, Canada is going to be EMPTY

this nigga high af.

>100 Million Canadians By 2100? Key Advisers To Morneau Back Ambitious Goal

http://www.huffingtonpost.ca/2016/10/24/100-million-canadians-2100_n_12618314.html

>>128280761
Archived
>http://huffingtonpost ca/2016/10/24/100-million-canadians-2100_n_12618314.html
https://archive.is/5jXBc

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>>128280436
>bitches don't know about my 350000+ immigrants/year
The country won't be empty, you just won't recognize it.

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>>128280436
I fucking WISH.
Real estate would become affordable.
Wages would rise. Crime would drop.
Traffic congestion would decrease.
Pollution would decrease.
Your nominal vote would have more sway.
Everything would improve.

Instead we get to become despised minorities while the exact opposite happens.

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>>128280822

Soon you'll see this in the cbc:

>Canadians were never white, experts say

>"..as we unpack things further we start to see that whiteness is a social construct imposed on others, we cannot know what past Canadians identified as due to a lack of data and when we account for implicit bias we can see that white identifying whites are a minority in our history""

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>>128281645
It's our own damn fault.

>>128274507
The problem is that the housing market doesn't reflect a healthy economy. Ya sure if our economy was booming wages were rising and that was the cause increased housing prices. Fine and good.

But it's literally rich Chinese people in the luxury market over valueing homes. Then the sellers move into the suburbs. And they overbid on houses because they got their millions from the chinks. So I'm and so on. Now in the suburbs of Vancouver a 1100sq apartment is 500k+. Shit is the biggest bubble. 1200sqf townhome I bought 5 years ago for 300k is now "worth" 600k. Problem is if I sell everything else is 1m+

I make 70k a year now way I can afford ever to buy a real house.

>>128277367
This is painfully true. I showed a few of my more intelligent friends the population demographics for Canada's future It took a short 10 minutes before I got the good old Xenophobic and Bigot thrown at me and tons of anger. We're all like pavlov's dogs here in this god forsaken place.

>mfw I'm a renter
>work ok job
>mining cryptos in my apt
>make more money mining/trading than working
>my rent is "all inclusive" meaning my landlord is paying for me to mine cryptos
>I'll literally go from bum renter to millionaire over then next 5-10 years

Gotta be a cutthroat nigger in a nigger world.

>>128282176
Sell and get a mobile home?

>>128282176
I visited canada in 2000, Canada used to be great.

I was taking care of business and drinking at the bar when some chap tried to hire me as a manager. I rode my bike down an industrial area to scope some property on the sly and got a welding job offer and a free joint. This was back when canada was 90 percent white and kush was hydro.

(((What the fuck happened))).

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>>128274507
https://www.bloomberg.com/news/articles/2017-06-01/sprott-s-buying-canada-reits-because-its-cities-are-so-crowded

REEEEEEEEEEEEEEE

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>>128281881
>1881

You don't even have to travel to visit india anymore.

>carbon footprint minimized!
>Winning!
>chekked

>>128280761
AHHH ha ha ha ha ha ha!!!
People with citizenship from other countries LEAVE as soon as they fucking can.
50% of immigrants LEAVE Canada for ever in their first 5 years.
NO ONE wants to live here.
Even the Syrians are wanting to GTFO and everything is FREE for them. No amount of gibs makes people want to live here.
100,000,000 LEL
Canadian big talk and nothing more.

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>>128283176
>(((What the fuck happened))).

This happened. The real beginning of neocon cuckery. Trudeau is just more globalist compared to Harper's blatant zio fellating.

>>128280822
50% of immigrants leave in their first 5 years of coming to Canada.
Most do it for faster access to a US Greencard.

Yep, people from other countries can live in Canada for X years and get fast tracked for a US Greencard.
People BORN in Canada, need to up $500,000 USD for a greencard or be Justin Beiber quality to live in USA as a citizen.

W_E_W_L_A_D
Think we got fucked being born here

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>>128283366
>Sprott Asset Management LP is buying Canada’s real estate investment trusts because residents have no where else to go.
>residents have no where else to go.

no escape.

>>128283720

> buying house meme

Here's how you beat the system :

1. Rent an apartment
2. Stay there for year and years

There is a law that prevents landlords from increasing your rent by more than a tiny percent (around 1%) every year. After only 3 years i'm paying 800/m and my neighbors are paying 1000/m.

>>128284139
I never said anything about buying a house in the post you replied too.
Are you okay?

>>128284357

Sorry senpai i just clicked a random post id to reply

Crybaby leaf's who don't allready own a home.

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>>128274507
Why is ontario so based

>>128281223
No man, the Chinese will keep buying the houses at stupid prices.
I bet the boomers will sell their house and live off the cash in some Mexican or Caribbean condo while their kids starve and freeze.

The only people who stay from other countries, are the ones wanted in their home countries or some the absolute bottom barrel countries and their Socialized Housing is a mansion to them.

It's going to be weird. Canada is already big and empty now. With half the people gone, it's going to be a ghost country.

>>128284816

This will increase the price of my groceries won't it. Fuck.

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>>128284816
bloody marxists.

>>128284816
Cause it's so expensive.
Don't worry, the price of everything will go up.
You're allowed to survive in this country. Nothing more.
Who cares about 15 an hou when half or 2/3rds of your check is rent.
Only a select few get the high life. The rest just scrape by
That's life in Canada.

Just finished unpacking my new house in Tokyo. $50000 CAD. Everyone still in Canada is retarded.

>>128285309
>$50000 CAD

what's the square footage?

>>128285128

And the fucktard masses will probably vote Trudy in again because 'diversity is our strength' will have been drilled in their heads all over soc media. Most of these braindead, overleveraged masses would rather live Soviet-style and die poor than be called racist/bigot.

I'm an Anglo and probably have more in common with the rednecks in rural Quebec than the neighbours in my apartment building. Sweden 2.0 - here we come!

>>128285650
It doesn't matter who is voted in. Those people who sit around Parliament all day talking to each other for 250,000 a year of tax payer money, do not give two fucks about anyone. They are also in that position cause they are connected.
They all have the same game plan.
They stay rich, we stay poor.
That's life in Canada.

>>128285592
We measure things in totomi matts not square feet.

>>128285983
is it big enough to hold a decent finger box collection?

>>128285128
This speaks to me. The way I put it is that working full time close to min wage just is not a good deal. on disability or welfare you get close to 900$ a month working full time you'll get around 1600 a month.

So ask yourself is giving away 1/3rd of your life worth the extra 700$?

>>128285983

If you bought a 'house' in Japan for $50k, it must be within sight of Sendai-Fukushima. There's no fucking way you bought a 'house' for that low.

Lemme guess, you dropped $50K on some bachelor pad, that you don't actually own, but rather have fronted $$$ as key-money and you don't pay rent. You've basically given the landlord an interest-free loan in exchange for letting you live there.

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>>128274934

>>128286667
Look at some real estate sites.

>>128287035

Link pls, I'll wait,

>>128287075
Hold your breath too

>>128287388
you're gonna kill that poor man.

>>128287388

Hahaha, that's what I thought. Maybe add a zero on the end of your $50K claim or source a link gaijin.

>>128286524
Nothing is a good deal in Canada.
They make it that way.
You're allowed to get by, nothing more.

Once you start making abit more, your rent becomes abit more, cause you want to live some place nicer and you can "afford" it
Then you eat abit nicer, which costs more.
You get abit more comfortable and still have nothing.

That's life in Canada

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I love these threads

Oh Canada, our home and asian laaaand

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>>128287772

>>128287552
Hahahajh

You actuaky think a house here costs 500,000????

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>>128286667
lower populaiton=lower housing prices, dumbass

why do you think leftist bankers want mass immigration so much?
mass immigration= lower wages and higher housing prices

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>>128287984
The Anglosphere is so used to insane housing prices that they think sane, affordable housing prices are bizarre and possibly immoral

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>>128288155

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>>128288236

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>>128288155
Do you have the one where the mold-infested house that was rotting sold for ~1 million plus?

>>128287984

Sure as shit isn't $50K like your claim. Source real estate link plz, I'm still here.

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>>128288338

>>128287984
$500,000 would get you a mansion here.

>>128288352
I have my paperwork right here. You can eat shit. Wallow in your indignant ignorance, rent slave.

>>128288482
Source link, plz - I want to see that mansion for $500,000 as well as your 'house' for $50K. I'll wait.

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>>128288344
I wish

>>128288344
There are middle class millennials in Japan that own 2-3 houses, genius

It's not hard to figure out why

The cost of housing is nothing if you live in a homogeneous country with no mass immigration or debt bubbles

>>128288743
Im not putting in the effort. If youd asked politely I would have googled but since you have the personality of a rancid piece of dogshit nah go fuck youself.

>>128288952

Hahaha, that's what I thought. Nice 'life in Japan is all good' LARP effort though, 7/10.

>>128289070
Life in Japan is fantastic.

>>128289185
I've no doubt, I spent 6 months in Fukuoka - great city. But your real estate claim of $50K for a house you bought is bs.

When will their economy collapse?

>>128289349
Wellsince you vacationed here once on the other side of the country Ill defer to your expertise.

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>>128274561
If you saw the tier of many immigrants who settle here, you would understand that the gentrification of Toronto is a small price to pay to keep black and brown hordes from all living downtown and making it uninhabitable.

Also this city was largely destroyed during the mid 20th century to make parking lots for cars. After decades of massive development we have only just come close to completely filling in the urban environment. The condo craze for all its faults is still one of the best things to happen to this city. I would much rather live in a small expensive apartment in a safe city that caters to whites and Asians rather than some Canadian version of Buffalo but with more Somalis and Arabs.

>>128289555
fuck off, david-kun

>>128280301
Amen bro.
Let us pray together....

>>128280436
No, Trudy will bring in vast waves of immigration to force housing prices to skyrocket, and to realize his dream of destroying whitey.

>>128274561
The same thing happen in this country, why do you think every major city in this country is ass fuck expensive?

>>128289555

Hahaha, thanks gaijin. So i'm guessing you're not posting that real estate link, eh? Use your phone and snap a pic of the docs you claim to have. I read kanji/Traditional Chinese character - I'll wait.

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>>128289471
>When will their economy collapse?

Their quality of life has already collapsed severely in the past two decades. Every year the average leaf has less.

31 percent can't even pay their bills this month.

They are in the middle of the collapse.

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>>128274507
CHINKED

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>mfw I paid almost twice as much for my condo as my parents paid for their 6 bedroom house 12 years ago.

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>>128274934
LOL I wish

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Moving the goalposts in 5 4 3 2

>>128287772
>>128287832
>>128288004
>>128288155
>>128288236
>>128288338
>>128288399
>>128288842

Wow its not like demand for land or location cant outstrip the value of a construction.

>>128289995

Kek.

>>128290044
why is it every leftist's desire to destroy every beautiful white country?

Every winter Olympics they bitch about it being "too white" because it's mostly European/Anglo countries.

>>128286524
It's the exact same in Australia. Dole is $670 a fortnight, working an average shitkicker job 32h per week is $1200 a fortnight.
If you can get $200 a week cash you might as well just take the dole. Wage growth is non-existant anyway.

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>>128279360
Thats only Ontario, if you wont be able to afford the .25 cent increase on most products (excluding small business owners) then you're most likely already poor.

I just hope we dont end up like europe

>>128289843
So shit tons of homeless people in a freezing cold nation who can't afford a home and come from a different country are going to stay in Canada cause reasons??

LEL
People BORN in Canada are trapped here. No one else is. They can go home, go to America, go anywhere.
People born outside of Canada, don't have years of brain washing. They just leave.

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>>128290200
That's the point, genius

the land is so expensive that even a piece of shit house on a small plot of land is worth millions

>>128290196

Nice key-money rental. How long is the contract before you have to re-up?

>>128276081

good lord you Canadians are cucked.

>>128275496
Agreed

>>128290258
They lose their minds when they watch sports other than Basketball/Football becuase 70% of the players aren't black. I genuinely believe replacing whites with third worlders is a sexual fetish for them.

>>128284821
No, the boomers are running reverse mortgages to suck all the value out of their houses and live easy.
By the time they are ready to die, they will be begging at their kids' door for the $ of their kids' non-existent jobs. "WHY DON'T YOU SUPPORT ME???"

>>128283513

Our population increased by 3-4 million since 2011 and we have a fertility rate of 1.7. You're fucking retarded.

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>>128290524
>replacing whites with third worlders is a sexual fetish

Oh we're beyond fetish

the left is mentally ill

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>>128290524
>. I genuinely believe replacing whites with third worlders is a sexual fetish for them.

All multiculturalist open borders women are into anal.

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>>128290917
#staywoke

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>>128290402
These are for sale prices halfwit
4k refers to potential rental income

>>128290258
Decades of white guilt brainwashing and cultural cringe.
It's 100 times worse in places like Toronto and Vancouver than it is in small towns.

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>>128290901
>>128290917
It actually plays into the "Liberals are the real racists" thing, they probably just aren't disgusted by them enough to not fuck them.

>>128290997
those suits probably have hiv on them.

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Canada's Liberal government treats their people like common shitty despots would hundreds of years ago ...

Trudeau Sets World Record At Avoiding Questions In Parliament
https://www.youtube.com/watch?v=NLdEYw3ginA [Embed]

>>128291109
They have a malfunctioning disgust mechanism that feeds their xenophilia in a feedback loop that ends with them in a hijab

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Georgism land tax now. If land is so valuable the city should be richer and extending the transit line and flipping land around the new station should net the city billions.

But continue to live in your dystopia if you want.

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>>128290997
>>128291151
Y I F F ' D

>>128290196
Shit location. You're better off living on Namboku line, no?

>>128291427
Upvoted.

>>128291483
>a nice photo of the day they chose jihad.

>>128290756
Sounds right

>>128291151
Diapers full of shit underneath. They have sex in their fucking fursuits.
>Yet here they are welcoming refugees...
I don't understand society anymore. I'm unhappy.
I just want to live 'away' from these types of people.

>>128290373

ITs obvious they dont give a shit about the house.

There is really nothing to be impressed or even interesting about this meme, other than the fact that the rich foreign investors lowering the standard of living for the original inhabitants.

>>128291542
lol all of Hokkaido is shit but it took me two years of searching and jewing to find my Tokyo house and I'm not posting my info on here.

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>>128291948
Fair nuff. By the way, is pic related true?
I am thinking of using my JP waifu to help me flee Canada. It seems so much better over there now. Only problem is the language.

>>128284139
>Buy a house.
>Pay your morgage for 25 years
>25 years later you own an asset work over 250k yours to sell


>Rent for 25 years
>Still down own shit
>"Beat the system right..."

>>128292375
>>>Buy a house.
>>Pay your morgage for 25 years
>>25 years later you own an asset work over 250k yours to sell
>>No one wants to buy cause the neighborhood is shit and all the houses around are shit, now you are stuck you either keep it or sell it undervalue. Tough luck nigga you drew the short end of the stick.

>>Renter moved out of that hood a long ass time ago.

At least renters can easily move once the neigbourhood gets enriched. Doesn't matter how sweet you pad is if can't feel safe at night and your neighbours like to ocassionally machete each other and steal your shit.

But they're just jumping from one pan to the next in a situation their government enabled because they're post modernist scum who only sought power for the money and power- forget serving the people.