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Gululu · 07-07-2016, 01:27 PM

gululu's thoughts on Vancouver's real estate allocation problem. and 3 ways to combat atypical region wide unaffordability in Lower mainland.

1. diplomatic relationship with China is of significance importance. This means Trudeau and house of commons must embrace China her government with mutual respect , recognizing Chinese rule of law , and recognizing Chinese sovereignty. This announcement alone will already deter foreign money at its door step. but this is not enough.
Stop giving China the cold shoulders Canada. Like his father, What better way to warm up relations than increasing trade ties between China and canada. having quotas and nafta agreements against China goods, we need to rethink that, I think having China as Canada top trading partner is more adventagous in the long run. having increased foreign reserves in RMB is very beneficial to Canada, as this prevents Canadian assets being prayed on by overseas speculators.
Cabinet ministers such as Teresa Twat of no.3 road in Richmond, needs to be removed from political campaigns as career in future. these people do get weekly kick backs from many various interest groups in the usual industries that are too long to list here.

2. Infrastructure is lacking and it shows when markets behave this way. The need exist. government need to source funds to allow to build. big projects are the best. big highway projects are what i think should take place right now. Bridges more please. Public transport more.
There also needs to be a increase to M2. Money for the masses. Either in the form of infrastructure building or cold hard cash in average people's bank accounts. Preferably both at same time. Canadians are poor. They need money. Print more money if thats what it takes.

3. this is suggested regulation changes to chartered banks. stricter amortization periods. longer 30 year mortgages does not make sense in today's world. this should be cut down to a shorter time to reflect current situations. also, mortgages should not be extended to people over 60 years of age. it doesn't make sense again because people are working older but are they living longer? nope. so why make that risk.
At same time I believe there also should be easings for young people to help them get into first homes as soon as possible.

07-07-2016, 01:27 PM	#7037
Gululu I Will not Admit my Addiction to RS Join Date: Feb 2013 Location: Shaughnessy Posts: 564 Thanked 755 Times in 209 Posts Failed 1,752 Times in 224 Posts	gululu's thoughts on Vancouver's real estate allocation problem. and 3 ways to combat atypical region wide unaffordability in Lower mainland. 1. diplomatic relationship with China is of significance importance. This means Trudeau and house of commons must embrace China her government with mutual respect , recognizing Chinese rule of law , and recognizing Chinese sovereignty. This announcement alone will already deter foreign money at its door step. but this is not enough. Stop giving China the cold shoulders Canada. Like his father, What better way to warm up relations than increasing trade ties between China and canada. having quotas and nafta agreements against China goods, we need to rethink that, I think having China as Canada top trading partner is more adventagous in the long run. having increased foreign reserves in RMB is very beneficial to Canada, as this prevents Canadian assets being prayed on by overseas speculators. Cabinet ministers such as Teresa Twat of no.3 road in Richmond, needs to be removed from political campaigns as career in future. these people do get weekly kick backs from many various interest groups in the usual industries that are too long to list here. 2. Infrastructure is lacking and it shows when markets behave this way. The need exist. government need to source funds to allow to build. big projects are the best. big highway projects are what i think should take place right now. Bridges more please. Public transport more. There also needs to be a increase to M2. Money for the masses. Either in the form of infrastructure building or cold hard cash in average people's bank accounts. Preferably both at same time. Canadians are poor. They need money. Print more money if thats what it takes. 3. this is suggested regulation changes to chartered banks. stricter amortization periods. longer 30 year mortgages does not make sense in today's world. this should be cut down to a shorter time to reflect current situations. also, mortgages should not be extended to people over 60 years of age. it doesn't make sense again because people are working older but are they living longer? nope. so why make that risk. At same time I believe there also should be easings for young people to help them get into first homes as soon as possible.