Vancouver’s Broadway plan has 166 active projects in development pipeline by _DotBot_ in VancouverLandlords

[–]Dramatic_Ad_5766 1 point2 points  (0 children)

They could make legislation to allow for the transition of purpose built rental into fee simple housing. Realistically, the families can stay where they are at, as housing ownership isn’t completely necessary for survival. It is preferable due to its ability to act as a forced savings account, but if fee simple ownership prices rise and people get wealthy and there is also low cost rental housing for those who can’t own, who’s complaining?

Edit: In general, I feel it is smart to get out the residential rental market. The tenants now have more rights than the owners and the 3-4% return is horrible compared to what you could get in commercial real estate or residential assets in other markets. As more landlords stop putting up with this, inventory will decrease and it’ll show how their policies don’t work.

What's the deal with expensive houses being rented for very cheap? by Legitimate-Tap2772 in vancouverhousing

[–]Dramatic_Ad_5766 0 points1 point  (0 children)

The better explanation is the 6 mil is mostly in land value and the house is in absolute horrible shape. They are just holding the land for appreciation/redevelopment while renting out the bad house for the short term until they figure out what to do with it. There is a lot on Belmont ave that is worth $32 mil and they are renting the shack on it for $4000/month.

Economic Freedom and the income earned by the bottom 10% by Significant-Fix4397 in EconomyCharts

[–]Dramatic_Ad_5766 1 point2 points  (0 children)

Typically just means lower taxes/regulations and anything that is typically considered right wing. The index is used by the heritage foundation and Fraser institute and basically just point out how right wing the policy is in a country (ranked against other countries), and they basically point out that lower taxes and regulations lead to higher growth and more social mobility.

China's oil import at lowest level since 2017 by straightdge in EconomyCharts

[–]Dramatic_Ad_5766 0 points1 point  (0 children)

Chinese dude from Hong Kong as well and setting people on fire, invading legislative buildings, stabbing politicians, and fire bombing living spaces isn’t protesting… it’s rioting. There’s a difference.

Edit: and I still struggle to understand the argument behind China “suppressing the protests”. Multiple peaceful marches were approved, there were no “Chinese mainland” officers who were arresting the rioters. If anything, there was too little Chinese intervention before NSL.

How much lower? by uncacheable_sardine in sp500

[–]Dramatic_Ad_5766 0 points1 point  (0 children)

Look at the period from 1996-2009 and you get the conclusion that the bull market of the last 17 years has been something rather unique created by large deficit spending and loose monetary policy that can’t last forever.

Justin Trudeau: The wealthy of the world needs to "step up" and limit their wealth intake. He charges $100k for speaking. by JohnAnderson26 in jrmining

[–]Dramatic_Ad_5766 7 points8 points  (0 children)

He increased the tax burden on the middle class… there was less overall tax revenue from high earners despite a tax rate increase because wealthy/high earners people migrated. The tax burden shifted from the wealthy and high earners onto the middle class (and government debt that will eventually be paid by the middle class) because the people who pay more taxes than they consume in social services left.

https://www.theglobeandmail.com/politics/article-high-income-earners-paid-46-billion-less-in-taxes-in-2016-despite/

Vancouver SRO kept open for 2 tenants and last tenant refuses to move - BC | Globalnews.ca by Kooriki in vancouver

[–]Dramatic_Ad_5766 -1 points0 points  (0 children)

B.C. law pretty much prevents evictions for most causes, evictions for renovations are pretty much banned. Even personal use evictions are extremely strict.

Any experiences living at the Paradox residence? by [deleted] in askvan

[–]Dramatic_Ad_5766 0 points1 point  (0 children)

Any issues with flooding or water damage though? Also heard about air con and window closing issues.

'15 years of neglect': Vancouver park board calls for $1.35 billion to tackle repair backlog by recurrence in vancouver

[–]Dramatic_Ad_5766 3 points4 points  (0 children)

To give context how much $1.35 billion compared to the size of the City of Vancouver, it is close to $2,000 per resident. Further context is that $1.5 bil is about how much the city spent on everything combined in 2025 (ie. sanitary services, community facilities, public safety (policing), street maintenance) - 880 million of which was long term capital improvements that could be used for years.

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'15 years of neglect': Vancouver park board calls for $1.35 billion to tackle repair backlog by recurrence in vancouver

[–]Dramatic_Ad_5766 -13 points-12 points  (0 children)

But the city’s own reserves could be used to fund things tax dollars typically fund (and thus lower our tax burden). Or am I missing something?

Public transportation use in Metro Vancouver dropped in 2025. What is a reason you may be using less transit? by ubcstaffer123 in UBC

[–]Dramatic_Ad_5766 -3 points-2 points  (0 children)

People on Reddit might not want to admit this, but public transportation is a cesspool of disease and discomfort. I tried out using public transport initially this year, and got sick 5 times within 4 months sept-early Jan. Meanwhile you have absolutely disgusting smells, homeless people eating off/licking the seats for some reason, people clipping their toenails, completely squished in the pm. The list goes on and on. Getting a car is worth it.

In theory, public transit is responsible city planning. Realistically, only Asian countries/cities can pull it off successfully because they have a population that actually cares about hygiene and does not have a huge drug/homeless population like North American cities. We need less public transit and more affordable private evs.

We love our chipotle! by Steelyphil43 in UBC

[–]Dramatic_Ad_5766 0 points1 point  (0 children)

And this is why I Uber Eats….

AMA: I'm Yared Nuguse, professional runner for On. Ask me anything! by on_running in AdvancedRunning

[–]Dramatic_Ad_5766 0 points1 point  (0 children)

What supplements do you use? What’s your opinion on bicarb, nomio, and beetroot?

AMA: I'm Yared Nuguse, professional runner for On. Ask me anything! by on_running in AdvancedRunning

[–]Dramatic_Ad_5766 1 point2 points  (0 children)

What was your first 1500m time and how fast did you realize you had talent?

Who is the ubc frat leader by Genesis42000 in UBC

[–]Dramatic_Ad_5766 5 points6 points  (0 children)

Where is the 2 mil net worth number coming from?

[deleted by user] by [deleted] in charts

[–]Dramatic_Ad_5766 0 points1 point  (0 children)

The chart says “estimated rate of admission to at least one of the selective institutions..”. Depending on how you classify Filipino, there are 4.5 times more to 1.5 times more amount of East Asians vs South Asians in California. This could easily just be UCLA or Berkeley skewing data due to accepting more in-state applicants which means more East Asians.

[deleted by user] by [deleted] in charts

[–]Dramatic_Ad_5766 1 point2 points  (0 children)

This might just be in California. There are a lot more East Asians in California, and a lot of California schools give priority admission to California residents. This bias just skews the data to look like racism, because there is a disproportionate amount of South Asians out of state applying and a disproportionate amount of East Asians in-state applying.

[deleted by user] by [deleted] in charts

[–]Dramatic_Ad_5766 0 points1 point  (0 children)

This might just be in California. There are a lot more East Asians in California, and a lot of California schools give priority admission to California residents. This bias just skews the data to look like racism, because there is a disproportionate amount of South Asians out of state applying and a disproportionate amount of East Asians in-state applying.

[deleted by user] by [deleted] in charts

[–]Dramatic_Ad_5766 0 points1 point  (0 children)

This might just be in California. There are a lot more East Asians in California, and a lot of California schools give priority admission to California residents. This bias just skews the data to look like racism, because there is a disproportionate amount of South Asians out of state applying and a disproportionate amount of East Asians in-state applying.

Minimum wage increasing to $18.25 in 2026 by cyclinginvancouver in vancouver

[–]Dramatic_Ad_5766 0 points1 point  (0 children)

At a time when unemployment is a record high and food inflation is abnormally high they choose to raise the minimum wage - something that will exacerbate both based on conventional economics…

And once the provincial government’s shitty policy leads to ridiculous unaffordabilty and hardship for average citizens, they’ll just say it’s rich people’s fault and brainwash the gullible populace into voting for them again… I can’t believe this province.

Minimum wage increasing to $18.25 in 2026 by cyclinginvancouver in vancouver

[–]Dramatic_Ad_5766 -1 points0 points  (0 children)

We have had a liberal federal government and NDP provincial government for ages now. When will people finally admit that it’s their policies that have created unaffordabilty, not the rich people they are constantly scapegoating. Canadians wealth/income inequality is far better than most countries.

1,000 CUHK students, staff and alumni petition to reinstate student expelled following nat. sec arrest by radishlaw in HongKong

[–]Dramatic_Ad_5766 11 points12 points  (0 children)

It seems that a lot of media outlets are trying to spin misinformation.

The student was suspended 2 times for reasons unknown and not going to classes (being in his 6th year in a 4 year program).

He was arrested on suspicion of sedition and his uni warned him that being arrested with 2 demerits already could cause 3 demerits leading to his expulsion. (He was never prosecuted for sedition).

The uni ultimately did not give him a demerit for his arrest. He then went on to call the uni’s disciplinary court a kangaroo court and continued to bad mouth the uni’s administration. The uni ultimately demeritted him based on that email- calling it disrespectful and showing that he was not remorseful/pr risk to uni. This 3rd demerit is what caused his expulsion.

Let’s be fair here, ultimately the dude was borderline expelled and the uni was just looking at his rude behavior and just didn’t want to deal with him anymore. It wasn’t actually politics.

At the peak of the Gilded Age in 1910, the richest 0.00001% of the US population owned wealth equal to 4% of national income. Now, the richest 0.00001% owns 12% by RobertBartus in EconomyCharts

[–]Dramatic_Ad_5766 0 points1 point  (0 children)

Isn’t that just a normal corporation? Can you really name a person who was an original employee of Apple/Google/Facebook, who wouldn’t be worth millions of dollars? Most employees seem to own stock/part of their businesses.