Out Migration from BC Continues!

[jimtan]

based on these numbers, if the market isn't toast now, it soon will be

If I had a dime for every time I stated that I would have $1.60.

Wise insight by Jesse.

Anyway, International number tick up significantly!!!!!!


How can the bears explain it???

[vanpro]

based on these numbers, if the market isn't toast now, it soon will be

If I had a dime for every time I stated that I would have $1.60.

Wise insight by Jesse.

Anyway, International number tick up significantly!!!!!!


How can the bears explain it???

Yah, jimtan, and as per jesse's graph, STILL HALF of early 1990's levels in absolute terms and even less in % of current population terms.....

[Taipan]

Or some of the others who have never INVESTED outside of GV feel it's the best place on earth. The "best place on earth" for their tenants to live I guess, notsomuch with the rental yields.

I would imagine that long term investors feel that Vancouver RE is the best investment in the world. Particularly, after the fiasco in the States.

The implications are that its different here and its different this time.

2 standard refrains from delusional people in bubbles.

[jimtan]

Have no doubt that Albertas's oil sands will cost everyone dearly, while some Albertans reap the benefit.

"A new report published this week titled “Climate Vulnerability Monitor: A Guide to the Cold Calculus of a Hot Planet,” is one of the first studies that delves into climate change’s effect on global gross domestic product. It was commissioned by DARA, a non-profit group that monitors aid programs, and the Climate Vulnerable Forum, and was written by more than 50 scientists, economists and policy strategists commissioned by 20 governments.

Its findings are bleak: Climate change is already costing $1.2-trillion (U.S.) a year and is reducing global GDP by 1.6 per cent. It is contributing to the deaths of almost 400,000 people a year. The effect in developing countries is particularly harsh, because farming productivity can plummet as temperatures rise. The U.S. drought in the summer raised food prices, especially corn, and weird monsoon patterns in India, which may have been due to climate change, damaged agricultural output.

Climate change skeptics, from the ultra-conservative think tanks to oil company executives, have spent years attacking climate change scientists and politicians who dared to believe that man-made carbon-dioxide emissions were accelerating global warming. The scientists were pilloried if they got the slightest thing wrong. Guess what? The scientists did get one huge thing wrong – they vastly underestimated the rate of the Arctic ice melt.

The economic effects are still largely unknown, but evidence is building that it will not be sweet. Makes you wonder why so much energy and money is being devoted to far lesser crises."


http://www.theglobeandmail.com/report-o ... le4575416/

[thirdlittlepig]

We had a milder winter,not too much snow, a warmer spring and a cooler summer. My heating, cooling energy costs are less and the weather seems pretty good. I think climate warming could be a good thing. Areas of Canada that used to be really terrible are becoming semi bearable. We may revert back to a tropical climate, what's not to like? how did previous animals and plants adapt to climate change?

[jimtan]

We had a milder winter,not too much snow, a warmer spring and a cooler summer. My heating, cooling energy costs are less and the weather seems pretty good. I think climate warming could be a good thing. Areas of Canada that used to be really terrible are becoming semi bearable. We may revert back to a tropical climate, what's not to like? how did previous animals and plants adapt to climate change?

Drought

http://bc.ctvnews.ca/record-setting-dro ... c-1.975565

For communties that didn't install a/c in the past, it is not good.

[thirdlittlepig]

I guess it depends which farmer you ask, many found the spring quite wet, and were looking for a drier summer. The spring hay crop was actually quite heavy and needed a dry period. Drought is practically normal for that area some years, it's a normal variation, not necessarily a sign of a major long term change.

http://www.alaskahighwaynews.ca/article ... griculture

If you average the rainfal for the last two years, it's practically bang on for the historical average, so no overal climate change really evident in news weather stories from one season.

[thirdlittlepig]

Monsoon analysis of the last 780 years, conclusion:

a record of changes in
monsoon rainfall over the past 780 years. None of the three time series shows a unidirectional
trend, nor is the 20th century anomalous in
comparison to the previous 700 years. Over most of the
twentieth century monsoon rainfall was decreasing in
response to warming of the Indian Ocean. Spectral analyses
of the three time series demonstrate that on centurial timescales,
monsoon variation is primarily related to solar
variation.

Translation:no special trend in the change, less rain in twentieth century variations seem to be related to solar effects, not human activity.Weather analysts hardly consider 100 years as long enough to even detect a consistent change in anything, they look at 780 years and see normal variations, huh?

[jimtan]

I guess it depends which farmer you ask, many found the spring quite wet, and were looking for a drier summer. The spring hay crop was actually quite heavy and needed a dry period. Drought is practically normal for that area some years, it's a normal variation, not necessarily a sign of a major long term change.

http://www.alaskahighwaynews.ca/article ... griculture

If you average the rainfal for the last two years, it's practically bang on for the historical average, so no overal climate change really evident in news weather stories from one season.

That's from July 12th. Possibly, they were singing a different tune by September.

In any case, the research from the scientists is now quite conclusive. Solar activity has been ruled out because the rise in CO2 corresponds to the rise in human industrial activity, not to solar activity.

BTW, this paper says something about experts.

http://www.pnas.org/content/107/27/12107.full

"Although preliminary estimates from published literature and expert surveys suggest striking agreement among climate scientists on the tenets of anthropogenic climate change (ACC), the American public expresses substantial doubt about both the anthropogenic cause and the level of scientific agreement underpinning ACC. A broad analysis of the climate scientist community itself, the distribution of credibility of dissenting researchers relative to agreeing researchers, and the level of agreement among top climate experts has not been conducted and would inform future ACC discussions. Here, we use an extensive dataset of 1,372 climate researchers and their publication and citation data to show that (i) 97–98% of the climate researchers most actively publishing in the field surveyed here support the tenets of ACC outlined by the Intergovernmental Panel on Climate Change, and (ii) the relative climate expertise and scientific prominence of the researchers unconvinced of ACC are substantially below that of the convinced researchers...

The UE group comprises only 2% of the top 50 climate researchers as ranked by expertise (number of climate publications), 3% of researchers of the top 100, and 2.5% of the top 200, excluding researchers present in both groups (Materials and Methods). This result closely agrees with expert surveys, indicating that ≈97% of self-identified actively publishing climate scientists agree with the tenets of ACC (2). Furthermore, this finding complements direct polling of the climate researcher community, which yields qualitative and self-reported researcher expertise (2). Our findings capture the added dimension of the distribution of researcher expertise, quantify agreement among the highest expertise climate researchers, and provide an independent assessment of level of scientific consensus concerning ACC. In addition to the striking difference in number of expert researchers between CE and UE groups, the distribution of expertise of the UE group is far below that of the CE group (Fig. 1)... "