Saturday, January 22, 2011

Vancouver's Housing Bubble


Vancouver,BC, Canada is a city known for many things. It is known for its 2010 Vancouver Olympic Games and it's highly populated Asian communities. What is unusual is it's housing bubble. The real estate here has increased a lot with the average home price of over $1,000,000 and that's not good enough to get you the home of your dreams.

An example is something like the house above. It was sold for $1,688,000 and it was in a horrible state so it's probably going to be torn down and rebuilt. The neighbor found out about the sale and had lived there for less than three months. They bought it for $1,047,000 and sold it for $1,357,000. There are many desperate people out there. Rich Chinese people are driving the market with their pocketbooks open, Vancouver seems like a good spot for them.

Vancouver will have it's bubble grow until it one day pops and its the end of Vancouver itself.

Saturday, January 8, 2011

The US Food System Improvement - Going to be Stalled




The US Democrats are trying to make a new change and this time its a good one: improving the food system and regulating the food that is produced from the US. Now this may be good, but the snotty "Tea Party" is having their say in it. They don't want it to be passed. Why? Well, you'll find out.

This bill will allow the Food and Drug Administration to regulate the food in the US and prevent anything bad from happening. The Republicans however don't like the fact that it will cost 1 billion and the Tea Party has promised tax cuts and their trying to find ways to deliver or at the next election, the Republican's are history. Yet do the Republicans have to ruin every good thing in America? Some good Republicans include George Bush, but that's it. Sarah Palin, who cares about that stupid bitch? You know what the Republicans want, they want money.

Americans, put your head in shame. You have elected many House of Representatives for the wrong reasons. They'll give you tax cuts. They'll kill healthcare and stimulus spending. They'll cut everything. Why? They're rich bastards. The Democrats were supposed to save us as they care about us civilians. Republicans, they're even worse than Wall Street businessman.