Better Than Gold - Stellar Results Continue

[VancouverGoinUp]

VANCOUVER (CBC) - Vancouver has the hottest real estate market in the country, according to figures released Thursday by the Canadian Real Estate Association.

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Quarterly sales increases of 11 per cent in Toronto and 19 per cent in Calgary were topped by a 34-per-cent jump in Vancouver.

It's the biggest year-over-year increase since early 2002, the association said.

Prices and demand are also on the way up in some sectors of the Vancouver market.

One home up for re-sale on the city's east side tells the story.

The home on Prince Edward Street near East 21st Avenue isn't officially showing until this weekend, but is already generating strong buyer interest.

It will list for $1.27 million, but three buyers have already offered to pay full-price without having stepped inside the building.

[dummass]

Re: Better Than Gold - Stellar Results Continue

VANCOUVER (CBC) - Vancouver has the hottest real estate market in the country, according to figures released Thursday by the Canadian Real Estate Association.

ADVERTISEMENT

Quarterly sales increases of 11 per cent in Toronto and 19 per cent in Calgary were topped by a 34-per-cent jump in Vancouver.

It's the biggest year-over-year increase since early 2002, the association said.

Prices and demand are also on the way up in some sectors of the Vancouver market.

One home up for re-sale on the city's east side tells the story.

The home on Prince Edward Street near East 21st Avenue isn't officially showing until this weekend, but is already generating strong buyer interest.

It will list for $1.27 million, but three buyers have already offered to pay full-price without having stepped inside the building.

http://www.chineseinvancouver.ca/200...lation-growth/

[metalman]

Re: Better Than Gold - Stellar Results Continue

http://www.chineseinvancouver.ca/200...lation-growth/

is this due to the 2010 olymics & because canadian banks didn't go to hell?

[cjppjc]

Re: Better Than Gold - Stellar Results Continue

It will list for $1.27 million, but three buyers have already offered to pay full-price without having stepped inside the building.

Always a wise move.:cool:

[dummass]

Re: Better Than Gold - Stellar Results Continue

is this due to the 2010 olymics & because canadian banks didn't go to hell?

The economic refugees from the US have to go somewhere. There's a big fence to the South.

[metalman]

Re: Better Than Gold - Stellar Results Continue

The economic refugees from the US have to go somewhere. There's a big fence to the South.

i'm half way there myself...

[Down Under]

Re: Better Than Gold - Stellar Results Continue

is this due to the 2010 olymics & because canadian banks didn't go to hell?

I think it must be because of the Canadian banks. I think the same applies to Australia; our banks, compared to the US & UK, are in relatively good shape.

So, all the money the Australian government spent, basically went into the real economy; whereas in the US/UK most of it went to bailing out the banks.

It would be good to see a comparison of government stimulus, as a percentage of GDP, that went into the real economy versus the FIRE economy, for the countries of the world.

Of course, not sure it'd be possible to do or how accurate it'd be, but I believe it would be very informative.

[dummass]

Re: Better Than Gold - Stellar Results Continue

http://www.chineseinvancouver.ca/200...lation-growth/

1 Liberia 26.86
2 United Arab Emirates 26.04
3 Cayman Islands 17.34
4 Kuwait 16.05
5 Qatar 13.12
6 San Marino 10.57
7 Aruba 10.00
8 Turks and Caicos Islands 9.98
9 Bosnia and Herzegovina 9.65
10 British Virgin Islands 8.83
11 Luxembourg 8.64
12 Singapore 7.98
13 Monaco 7.65
14 Northern Mariana Islands 7.64
15 Burundi 7.13
16 Andorra 6.42
17 Jordan 6.11
18 Canada 5.79
19 Botswana 5.49
20 Isle of Man 5.27
21 Anguilla 5.12
22 Ireland 4.82
23 Liechtenstein 4.73
24 Hong Kong 4.72
25 Macau 4.42
26 Guernsey 3.81
27 Australia 3.78
28 New Zealand 3.43
29 Mayotte 3.35
30 Portugal 3.31
31 United States 3.05
32 French Polynesia 2.81
33 Brunei 2.79
34 Jersey 2.74
35 West Bank 2.71
36 Switzerland 2.66
37 Netherlands 2.63
38 Denmark 2.50
39 Rwanda 2.41
40 Greece 2.34
40 Bermuda 2.34
41 Germany 2.18
42 United Kingdom 2.17
43 Angola 2.14
44 Italy 2.06
45 Malta 2.04
46 Austria 1.91
47 Norway 1.72
48 Sweden 1.66
49 European Union 1.60
50 Croatia 1.58
51 France 1.52
52 Iceland 1.43
52 Gaza Strip 1.43
53 Palau 1.39
54 Congo, Democratic Republic of the 1.28
55 Belgium 1.22
56 Spain 0.99
57 Czech Republic 0.97
58 Gambia, The 0.94
59 Hungary 0.86
60 Finland 0.78
61 Slovenia 0.76
62 Taiwan 0.61
63 Bahrain 0.60
64 Benin 0.58
65 Costa Rica 0.48
66 Cyprus 0.42
67 Namibia 0.41
68 Argentina 0.40
69 Belarus 0.38
70 Oman 0.36
71 Sudan 0.35
72 Slovakia 0.30
73 Russia 0.28
74 Nigeria 0.26
75 Uganda 0.24
76 Sierra Leone 0.15
77 Tuvalu 0.00
77 Syria 0.00
77 Vanuatu 0.00
77 Timor-Leste 0.00
77 Turkey 0.00
77 Togo 0.00
77 Tonga 0.00
77 Yemen 0.00
77 Thailand 0.00
77 Zimbabwe 0.00
77 Israel 0.00
77 Guinea-Bissau 0.00
77 Kenya 0.00
77 Kiribati 0.00
77 Guinea 0.00
77 Korea, South 0.00
77 Japan 0.00
77 Korea, North 0.00
77 Iraq 0.00
77 Guam 0.00
77 Libya 0.00
77 Mozambique 0.00
77 Malawi 0.00
77 Maldives 0.00
77 Lebanon 0.00
77 Mongolia 0.00
77 Laos 0.00
77 Madagascar 0.00
77 Mauritania 0.00
77 Malaysia 0.00
77 Montserrat 0.00
77 Equatorial Guinea 0.00
77 Ethiopia 0.00
77 Gibraltar 0.00
77 Djibouti 0.00
77 Eritrea 0.00
77 Faroe Islands 0.00
77 Papua New Guinea 0.00
77 Nepal 0.00
77 New Caledonia 0.00
77 Saint Helena 0.00
77 Nauru 0.00
77 Afghanistan 0.00
77 Bhutan 0.00
77 Belize 0.00
77 Chile 0.00
77 Burkina Faso 0.00
77 Burma 0.00
77 Cameroon 0.00
77 Cambodia 0.00
77 Comoros 0.00
77 Cote d'Ivoire 0.00
77 Central African Republic 0.00
77 Senegal 0.00
77 Solomon Islands 0.00
77 Swaziland 0.00
77 Somalia 0.00
78 Brazil -0.03
79 India -0.05
80 Paraguay -0.08
80 South Africa -0.08
81 Ukraine -0.13
81 Romania -0.13
82 Uruguay -0.21
82 Egypt -0.21
83 Colombia -0.29
84 Barbados -0.31
85 Algeria -0.33
86 Panama -0.37
87 China -0.39
88 Vietnam -0.40
88 Mauritius -0.40
88 Netherlands Antilles -0.40
89 Poland -0.46
90 Tunisia -0.47
91 Ghana -0.58
92 Niger -0.59
93 Macedonia -0.61
94 Bangladesh -0.66
95 Lithuania -0.72
96 Lesotho -0.78
96 Suriname -0.78
97 Morocco -0.82
98 Haiti -0.94
99 Peru -0.99
100 Puerto Rico -1.09
101 Moldova -1.13
102 Nicaragua -1.15
103 Sri Lanka -1.16
104 Bolivia -1.18
105 Pakistan -1.24
106 Indonesia -1.27
107 Venezuela -1.28
107 Saint Lucia -1.28
108 Tajikistan -1.33
109 Honduras -1.36
110 Uzbekistan -1.40
111 Philippines -1.48
112 Cuba -1.57
113 Tanzania -1.68
114 Sao Tome and Principe -2.14
115 Bahamas, The -2.15
116 Ecuador -2.16
117 Azerbaijan -2.25
118 Latvia -2.27
119 Guatemala -2.31
120 Chad -2.46
121 Kyrgyzstan -2.52
122 Dominican Republic -2.59
123 Zambia -2.68
124 Fiji -2.78
125 Turkmenistan -3.01
126 Gabon -3.15
127 Congo, Republic of the -3.17
128 Estonia -3.22
129 Kazakhstan -3.32
130 Saint Kitts and Nevis -3.51
131 El Salvador -3.54
132 Bulgaria -3.71
133 Mexico -4.08
134 Iran -4.29
135 Georgia -4.45
136 Albania -4.54
137 Saint Pierre and Miquelon -4.97
138 Seychelles -5.25
139 Armenia -5.34
140 Dominica -5.47
141 Marshall Islands -5.65
142 Saudi Arabia -5.95
143 Antigua and Barbuda -6.04
144 Jamaica -6.07
145 Mali -6.28
146 Guyana -7.47
147 Saint Vincent and the Grenadines -7.58
148 Greenland -8.38
149 Virgin Islands -8.80
150 Samoa -9.49
151 Trinidad and Tobago -11.13
152 Cape Verde -11.83
153 Grenada -11.90
154 Micronesia, Federated States of -21.02
155 American Samoa -21.21
156 Western Sahara NA
156 Tokelau NA
156 Wallis and Futuna NA
156 United States Pacific Island Wildlife Refuges NA
156 Wake Island NA
156 World NA
156 Heard Island and McDonald Islands NA
156 Jan Mayen NA
156 Holy See (Vatican City) NA
156 Montenegro NA
156 Dhekelia NA
156 French Southern and Antarctic Lands NA
156 Falkland Islands (Islas Malvinas) NA
156 Navassa Island NA
156 Pitcairn Islands NA
156 Paracel Islands NA
156 Norfolk Island NA
156 Niue NA
156 Antarctica NA
156 Akrotiri NA
156 Ashmore and
http://www.photius.com/rankings/popu...te_2008_0.html

[dummass]

Re: Better Than Gold - Stellar Results Continue

18 Canada 5.79

This is the 2009 report

k Country Net migration rate (migrant(s)/1,000 population)
1 United Arab Emirates 22.98
2 Afghanistan 21
3 Cayman Islands 16.48
4 Kuwait 16.02
5 Macau 14.56
6 Anguilla 14.06
7 San Marino 10.32
8 Aruba 9.7
9 Turks and Caicos Islands 9.02
10 Luxembourg 8.44
11 British Virgin Islands 8.13
12 Monaco 7.58
13 Andorra 6.89
14 Northern Mariana Islands 6.47
15 Australia 6.23
16 Jordan 5.83
17 Singapore 5.82
18 Canada 5.63
19 Man, Isle of 5.23
20 Liberia 5.13
21 Botswana 5
22 Ireland 4.71
23 Liechtenstein 4.66
24 Hong Kong 4.38
25 United States 4.31
26 Burundi 4.04
27 Guernsey 3.8
28 Bosnia and Herzegovina 3.17
29 Portugal 3.14
30 Jersey 2.73
31 French Polynesia 2.73
32 Brunei 2.69
33 Denmark 2.48
34 New Zealand 2.46
35 Netherlands 2.46
36 Antigua and Barbuda 2.38
37 Israel 2.37
38 Greece 2.33
39 Bermuda 2.2
40 Germany 2.19
41 Rwanda 2.17
42 United Kingdom 2.16
43 Italy 2.06
44 Malta 2.02
45 Austria 1.85
46 Switzerland 1.76
47 Norway 1.71
48 Sweden 1.66
49 Croatia 1.59
50 France 1.48
51 Angola 1.34
52 Belgium 1.22
53 Mayotte 1.11
54 Congo, Democratic Republic of the 1.07
55 Seychelles 1.05
56 Spain 0.99
57 Czech Republic 0.97
58 Palau 0.96
59 Hungary 0.87
60 Iceland 0.83
61 Finland 0.68
62 Sudan 0.63
63 Turkey 0.56
64 Slovenia 0.52
65 Costa Rica 0.47
66 Belarus 0.38
67 Slovakia 0.3
68 Namibia 0.3
69 Gambia, The 0.3
70 Russia 0.28
71 Oman 0.24
72 Bahrain 0.2
73 Taiwan 0.03
74 Somalia 0
75 Guinea-Bissau 0
76 Sierra Leone 0
77 Senegal 0
78 Argentina 0
79 Benin 0
80 Kenya 0
81 Gibraltar 0
82 West Bank 0
83 Gaza Strip 0
84 Ethiopia -0.02
85 India -0.05
86 Mauritius -0.06
87 Paraguay -0.07
88 Korea, North -0.09
89 Brazil -0.09
90 Nigeria -0.1
91 Ukraine -0.11
92 South Africa -0.13
93 Romania -0.13
94 Uruguay -0.16
95 Egypt -0.2
96 Suriname -0.26
97 Colombia -0.26
98 Algeria -0.29
99 Barbados -0.31
100 Korea, South -0.33
101 Vietnam -0.38
102 Netherlands Antilles -0.39
103 China -0.39
104 Tunisia -0.41
105 Faroe Islands -0.41
106 Venezuela -0.42
107 Poland -0.47
108 Pakistan -0.48
109 Panama -0.49
110 Macedonia, The Former Yugoslav Republic of -0.52
111 Ghana -0.53
112 Niger -0.57
113 Morocco -0.72
114 Lithuania -0.72
115 Lesotho -0.78
116 Guinea -0.8
117 Ecuador -0.81
118 Peru -0.95
119 Puerto Rico -0.96
120 Mauritania -0.96
121 Bolivia -1.05
122 Sri Lanka -1.09
123 Nicaragua -1.11
124 Moldova -1.13
125 Saint Kitts and Nevis -1.15
126 Indonesia -1.24
127 Tajikistan -1.28
128 Tanzania -1.3
129 Honduras -1.3
130 Philippines -1.34
131 Cuba -1.56
132 Azerbaijan -1.69
133 Sao Tome and Principe -1.81
134 Congo, Republic of the -1.82
135 Turkmenistan -1.97
136 Haiti -2.07
137 Bahamas, The -2.13
138 Guatemala -2.21
139 Dominican Republic -2.22
140 Latvia -2.3
141 Fiji -2.47
142 Bangladesh -2.53
143 Kyrgyzstan -2.57
144 Zambia -2.59
145 Iran -2.62
146 Uzbekistan -2.94
147 Bulgaria -3.11
148 Estonia -3.26
149 El Salvador -3.27
150 Kazakhstan -3.3
151 Nepal -3.39
152 Gabon -3.48
153 Qatar -3.58
154 Mexico -3.61
155 Chad -4.08
156 Saint Lucia -4.14
157 Georgia -4.26
158 Albania -4.28
159 Armenia -4.56
160 Saint Pierre and Miquelon -4.96
161 Marshall Islands -5.41
162 Dominica -5.45
163 Virgin Islands -5.49
164 Mali -5.67
165 Jamaica -5.7
166 Greenland -5.99
167 Wallis and Futuna -6.08
168 American Samoa -6.99
169 Trinidad and Tobago -7.28
170 Guyana -7.44
171 Saudi Arabia -7.6
172 Samoa -8.81
173 Uganda -8.83
174 Grenada -10.55
175 Cape Verde -11.67
176 Saint Vincent and the Grenadines -11.8
177 Maldives -12.58
178 Micronesia, Federated States of -21.03
Definition: This entry includes the figure for the difference between the number of persons entering and leaving a country during the year per 1,000 persons (based on midyear population). An excess of persons entering the country is referred to as net immigration (e.g., 3.56 migrants/1,000 population); an excess of persons leaving the country as net emigration (e.g., -9.26 migrants/1,000 population). The net migration rate indicates the contribution of migration to the overall level of population change. High levels of migration can cause problems such as increasing unemployment and potential ethnic strife (if people are coming in) or a reduction in the labor force, perhaps in certain key sectors (if people are leaving).

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2009

See also: Net migration rate Map

[GRG55]

Re: Better Than Gold - Stellar Results Continue

is this due to the 2010 olymics & because canadian banks didn't go to hell?

None of the above.

It's a bubble. Plain and simple.

And like all bubbles in the last, most insane stage, it depends on only one thing...the complete suspension of disbelief [and common sense] in what is going on in full view.

Vancouver [my home town btw] is, in reality, an ugly city in an extraordinarily beautiful setting...nothing more.

[goadam1]

Re: Better Than Gold - Stellar Results Continue

I think it must be because of the Canadian banks. I think the same applies to Australia; our banks, compared to the US & UK, are in relatively good shape.

So, all the money the Australian government spent, basically went into the real economy; whereas in the US/UK most of it went to bailing out the banks.

It would be good to see a comparison of government stimulus, as a percentage of GDP, that went into the real economy versus the FIRE economy, for the countries of the world.

Of course, not sure it'd be possible to do or how accurate it'd be, but I believe it would be very informative.

The money had no productive place to go in the States. We could have retooled care companies to make gas powered busses or built a new energy grid to transport new energies with less waste. But making peoples 401k go up was more fun and took less time.

Is it possible Australia benefited from exporting commodities and doing other export business with Asia?

[Down Under]

Re: Better Than Gold - Stellar Results Continue

None of the above.

It's a bubble. Plain and simple.

And like all bubbles in the last, most insane stage, it depends on only one thing...the complete suspension of disbelief [and common sense] in what is going on in full view.

Agreed, it's a bubble. But why didn't the bubble pop in Canada and in Australia, as it has in both the US & UK? My conjecture is that because banks in Australia didn't require the IV drip as in the US/UK, that the stimulus money had more of an effect on the real economy, hence propping up the bubble.

Clearly, I can't prove this but I think it makes sense.