You do know the politicians often have to draw on their home mortgage (2nd or 3rd) to fund their campaigns.. esp. established ones. Like Jeanny Kwan who when PHS scandal came out.. the info was she bought a detached in Kits.

I would say they are more vested personally to keep the house prices up.

It is not that hard to turn around to say NDP themselves are just as bad.. eg Gregor, Harcourts townhouse deals etc.

For independents, that is totally what I would expect. But for someone with party backing, especially from the 2 established parties, I would be very surprised to find them needing to kick in significant portions of their own campaign funds. After all, what good is a party association when it can't channel funds to your campaign? You might as well just shed the party baggage and run as an independent if that were the case.

Additionally, political parties have a whole mechanism and associated laws to govern political donations. Politicians themselves are far more limited in how much money they can receive from donors. This means the parties have some money to blow, while the politician himself has very little.

And then there is the very real possibility of losing. If a politician has to chip in his own money -- that is, his very own money, not donations he receives from supporters -- to fund the campaign, there is a serious problem if the funds are coming from re-mortgaging his house. What do you do when you lose? Sleep on the street?!

I am not saying it doesn't happen, but personally, I find it very hard to believe that it would happen.

You are assuming established parties can raise enough funds (they usually don't).. Usually politicans have a trail of debt from the party after each election.

The bills are quite high, especially in Vancouver.. I know a MP who accrued 200k debt in the last election. It is not uncommon. Also remember everyone can contribute only $1100 max.. even the candidates themselves.

How many people on RS? we all should move 100km north, name a place call RevScene town. The moderators will be the mayor, there will be a drag strip in the middle of the town and a F1 race track nearby. Approved members will get a piece of land to build their house. That will be awesome.

Hilarious pill popping logic. Yet leaves out the part where he is proud to rent because he is drowning in debt and couldn't put a down payment on a place even if he had a 100k helping hand.

I don't pop pills...


Sure I have a little debt but I also have a steady good income :) If I wanted to make 250k+ a year I could work 8 hours a day instead of 1-2... but then I wouldn't have a fun hipster lifestyle :(


You make it sound like owning a place is the #1 thing in life... I have great friends, an awesome lifestyle and I'm happy as fuck!


If you're who I think you are, go back to listening to Tom Leykis and hiring prostitutes because no woman ever wants your company!

Good.

We don't need more whiners (losers) crowded in the the Lower Mainland anyway.
Either shut up/quit rubbernecking what others do with their money OR LEAVE ALREADY
either way, give it 5 more years, by 2020 rich mainland Chinese and other groups will NOT have the incentive to even invest in your backwater little town called vancouver. By then, even if houses drops back to 2000's prices, you poor broke losers still cannot gather enough money for a downpayment.

vancouver is mediocre and the people living in vancouver are small minded people that have no world views. stupid silly canadians

I don't like to use the word... but this is literally the most retarded thing I've ever read on Revscene.

Edit: Just read gululu's post... now I'm on the fence. :considered:

I'll gladly pay speculation taxes if your governments agrees to compensate Aboriginal Peoples' land. don't give me bullshit excuses such as ie. I was born here and raised here.
(as if introduction of speculation tax will lower prices... lol u wish pathetic)

I think you're a retard for spending the best years of your life working rather than living

I bet you are a total dork

It is partially true though. Don't get me wrong, Vancouver is an awesome place, but it's overhyped to hell and back. People need to stop directly comparing it to places that it's not even close to being. Vancouver is not London, or New York, or any of the other massive cities people keep comparing it to. Personally I'm thankful for that as I have zero interest in such places.

Yes, Vancouver is better :)

Where do you get your money from? Rich kids with their parents money are just as big of losers as the crackheads on the street. They are just luckier.

Doesn't matter what they do, someone will find a reason to complain about how it's ruining their lives. Add a bunch of roadblocks for foreign investment and offshore home buyers to appease all the "I can't afford to live in Vancouver" whiners, next thing the news will be full of sellers crying about how they'll be destitute because their houses haven't been able to sell for market value.

I suspect the market will look after itself nicely either way... it's more just a question of which side of the equation gets all the press.

After moving out of Vancouver I now know I will never move back. I grew up in North Van and don't get me wrong I would love to move back there but it makes no sense. The cost of anything there is beyond anything I would ever want to spend. RIP Vancouver. If I were to ever move back down, Chilliwack is where I would probably settle.

Berz out.

Gululu is like the wannabe fob version of this guy:
http://demotivation.me/images/20090916/fu2mbulkz1or.jpg

Gululu in a nutshell:
1. Hates Vancouver
2. Hates Canada
3. Hates white people
4. Hates poor people
5. Hates hongers
6. Loves China

Serious question though. There's no denying that you're a "Vancouverite", born and raised, yet you speak of this city as an outsider, full of contempt. What's keeping you here?

Funny to see that so many people in this thread that own property actually hate it here, talk so much shit and sound depressed about their lives

Meanwhile renters love it here and speak with kind words about Vancouver and are grateful to live in such a beautiful and safe place :) :) :)

The stress of debt you can't handle can make ANYONE miserable, mortgage, credit card or otherwise.

I have a condo rented out, and wish I never bought it. I currently rent in a nicer part of town and it's way better. It's about the lifestyle, really. I'm happy renting here vs owning and living in Surrey.

Funny my client was looking at it. He can't justify it given that the storm sewer (at least not crap sewer) under there takes priority if the hose is in need of repairs you might be forced to demolish the home for the sewerage.

And yes it was sold well above asking.

it's been a while since I've driven into the residential areas in Richmond, are ditches still pretty common?

Depending on the area. They are more common in the cheaper hoods.

I have a very happy work/life ratio, thank you very much. A beautiful wife and three children to enjoy it with as well. #feelsgoodman

I'm just saying that choosing to make ~150k less per annum to live an extra 6 hours a day as a "hipster" is fucking retarded. Make that money now and do less when you're older and less capable. If I were your dad I would smack you. Fuck, even if I was just a friend I would bitch slap you for making a decision like that. FailFish

Just because you peaked early doesn't mean everyone will


Life keeps getting better and easier, why would I want to work MORE?