the 8 page, double spaced, "research essay"* is one on numerology that's quite different from the situation at hand, you can't take a subset of superstition and equate it to superstition as a whole.

regardless that's beside the point from the matter at hand because the matter at hand isn't one of superstition its one of whiny bitches trying to use culture to lambaste and manipulate the public into thinking their isn't an ulterior issue

because as evidenced by chinese cultural societies locally and tangible examples within Asia itself, the arguments of these whiny bitches is bs.


Even if we were to humour the notion of the dead and graveyards being the issue here (a Hospice is neither and to say so shows your ignorance)
All the Churches, Temples, etc would drastically plummet prices of homes among the asian community then, since they're always holding burial services etc. but they dont (because they're everywhere) they effect values in other ways (increased traffic etc)





*have a whooooooooooooooooooooollle other issue with this so called research report but to put it simply they sought evidence to support their claims and grasped at anything (anyone can do that with any subject) i dont believe they sufficiently considered all aspects that go into a sale to rule out every other possible reason for final sale prices at least they didnt show it in their 2300 word essay (i know they tried to show they considered many aspects but... sorry)

^^^ have you ever purchased your own home with your own money (not parents) and had to take multiple factors into consideration one of them being resale?

First of all, MY issue is with the blanket statement that this won't affect the market value of those ladies' condos based on what we know.

Second, yeah, it's BS and they're delusional (Chinese ppl can be like that). But the feelings are real, they exist, and there's enough of it to consider its effect on market value. You also sound like you strongly disagree with this, so here's why I think so:

a) The obvious ignorance from these ladies of what a hospice is.
b) Numerous posters with shitty English expressing sympathy with their beliefs.
c) http://www.theglobeandmail.com/news/...rticle1869613/

"Tung Chan, the former head of Success, a Vancouver group that works with Chinese immigrants, said the cultural concerns were “overstated.”
“No doubt that is her belief, and no doubt she represents a portion of the Chinese-Canadian community,” Mr. Chan said. “But bear in mind that there are 600,000 Chinese-Canadians in the Lower Mainland ... so for people to say that there is a strong aversion to death, I would say that is overstated.”

d) @ 1:23
"Do you think they're using Chinese culture when the issue is property values?"
"I think property values definitely comes into their minds ... But I think fear.. There is real fear in these residents' minds"





5 yrs of transactions of SFH (about 117000 observations).
- eliminating 4 produced positive results
- eliminating 8 produced negative results
- "no other digits have this property"
and
- effect of 4 and 8 in non-Chinese neighborhoods go to zero
- 2.1% discount with 4 in Chinese neighborhoods
- 2.5% premium with 8 in Chinese neighborhoods

Paper was done by a group of PhD (and Masters?) students.. reviewed by the prof - says the measurements are solid.
- but do these get peer-reviewed? probably not
- it could be more complete but this is what we have
- you're saying their controls were flawed and/or fudged

Don't get mad at me. I'm just trying to add some objective reality to the ppl who wanna listen. :fullofwin:

What I find funny is someone who can have enough money to buy something for $1mil yet be stupid enough to believe superstition.

For the people saying we should consider their beliefs, how do you feel about religious people? What if, for example, Christians in a neighborhood complained that a medical clinic was set to open in their area and one of the doctors performed abortions? Would you say we should listen to their beliefs or would you say "they're just a bunch of fundamentalists that believe in fairy tales, and their opinions carry no weight"?

as developers realized the influx of foreign(asian) buyers, they left out certain floors in buildings because they know that would affect sales.... no matter how ridiculous it is.

if there are 10 people half of them are asian, by alienating the asian group your chance for sale may not necessarily go down but it is less likely the bidding war would produce a higher profit if any at all. Especially in our market right now after the changes in mortgage rules, its even harder to sell a place that simply discounting the asian market is stupid notion.

ur missing the point

if they want to argue on the basis that they simply dont want a hospice there because they're concerned about their property value i wouldnt have a problem with their nagging...
but if they want to try and manipulate the public with bullshit that its a cultural issue that's where ill call their bullshit



and to answer your question; yes.

its not about believing in what they believe, its about how their beliefs would affect their decisions and how we interact keeping their beliefs in mind.

People here on RS are arguing about how peoples ridiculous beliefs do not affect the value of properly. peoples beliefs are very real, stupid beliefs be it 13th floor, building on top of a strip club or a place beside an abortion clinic would sway decisions.

Even tho they sound so fucking ridiculous they are just clouded right now by their emotions and unfortunately its working against them. somehow the media spinned it against them(asian building owners as a whole) and choose the dumbest idiots to represent in the interview.

Ooooh, I have, I have! And that's why I bought it in a place where there is clear room for the value to grow, and not in a place where it seems that apartments are being sold at the ceiling.

Way to miss the point. I never said it's about believing what they do, I'm saying should we give their beliefs any weight. To that I say no way. They should do research before spending that kind of money on a condo.

When I picked my house I had specific things in mind. Things like a quiet area, access to schools and so on. I don't have to worry about a skytrain or highway cutting through my backyard or a Walmart opening up across the street. My house will go up in value, but not as fast as some property in high-growth/high-risk areas. My house also will not go down in value either because it's in a "safe" area. I got my house to live in first, as an investment second.

Some people buy property this way (to play it safe). Others take risks. Like buying condos in Surrey Gateway, King George or the Downtown Eastside. Property that is not currently in a nice area, but which could skyrocket in price if the area around it is redeveloped (which is what the buyers are hoping for).

Even though my neighborhood is currently a great place to live and I have no fears of any development ruining it, there are still things beyond my control. Like the person next door selling their house and some hoarder moves in and proceeds to fill his yard with junk. That'll drop the value of my property pretty quickly.


You'd have to be a complete fucking idiot to think that the property around UBC will stay the way it is and there will never be any sort of development going on. There has been a long history of development and disputes over various projects at UBC. To buy a condo there and think that your current surroundings will remain forever the way they were when you bought it is beyond ridiculous. And we haven't even touched on what's going on with the Musqueam band and their land claims.

If these people don't like the hospice then move the fuck out. There are a lot of people who don't have these retarded superstitions who would be happy to move in there. Like doctors or other medical researchers who would love to live so close to their workplace.

When you bought your condo you were never given a written agreement that said you'd make money when you moved out and your condo would go up in value by $xxx. You gambled on a piece of property, and if you lose money (which I still highly doubt) then you have nobody to blame. Should the people who bought condos in Surrey Gateway sue the City of Surrey because after all these years the surrounding area hasn't been cleaned up/developed yet and is still populated with hookers and drug users?

Take some fucking responsiblity for your decisions. Making money on a property isn't a fucking right. It's almost a given, but it's not 100%.

i'm pretty sure i got your point based on what you wrote which was being stupid to be rich and superstitious.

whatever else you wrote is just your narrow point of view.

i'm not on anyone's side.... i sure as hell dont give a shit about those people that bought at that building. i'm just trying so hard to open the eyes of a few equally closed minded people of RS.

look back at the proposed skytrain years ago along cambie st and how it angered residents because of noise, crime, devaluation. eventually the city had to compromise and build the skytrain semi underground.

^^Comparing this situation to the hospice is just like the ridiculous oil rig comparison a few pages back; yes, certain types of structures affect housing value, but a hospice has a very minimal impact on the community and in turn property values.

I think some people on RS are very narrow minded, but very few and this debate is continuing more for the sake of shear stubbornness of the opposing positions.

Since I started the thread, I figured I might aswell update it.




Read more: http://www.theprovince.com/business/...#ixzz1ODxT96vB

Maybe the UBC hospital is so good that nobody dies there and therefore no morgue so it's ok.

lol, oh boy the price.

saw this on the news, damn chinese ladies asking where's the humanity having a hospice next door

dont like it, get lost, someone will buy your condo that you dont want

And screw your 5000 year Chinese culture" you live in Canada

^ so if you move to canada you're suppose to forget your heritage? Screw you back. If that's what this country is about then, the promotion of multiculturalism is nothing but lip service.
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Actually most of the whores moved into the buildings. A client has a condo there and the tenant turned it into a brothel.

And the second point...lets remember the US where people's houses shed 50% of their value in 2 years!

We all have to grow out of old beliefs and get with the times! If you come here you better understand that it's a different mentality.

im gonna laugh if no one is able to sell lol

Please allow me to elaborate in a more delicate way than my fellow-minded brother:

Sincerest apologies, investor and new Canadian. While we understand your plight, the location next to your Condo was one of eleven considered in this long and complicated administrative process. We are sincerely and deeply sorry that you did not speak to the strength of your convictions at the several open houses that were made available to you and all other stakeholders while the involved parties discussed the available options.

While we understand you have objections which come from your cultural background and system of beliefs, this location has proven to be the best and least objectionable overall given all of the alternatives and input we have and had received during the long and complicated process.

We hope that the placement of the Hospice will in fact cause you no harm, perceived or real, physical or mental. If you feel that this facility will cause problems, however, we will do our best to accomodate your relocation.


Thank you for being so kind and understanding of this new country that you have decided to make your home. We look forward to having you and your family here for generations to come.

Reasonable people will buy them..

The dumb bitch on the news tonight was disgusting
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