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jimtan
Real Estate Talker
Posts: 5407
Joined: Tue Jul 31, 2007 10:59 pm

Re: BC Election and effect on RE

Sun Apr 16, 2017 1:27 pm

Did anyone notice?

"B.C. NDP platform promises 114,000 new rental, co-op, social, and owner-purchase homes"

http://www.straight.com/news/895446/bc- ... hase-homes

Sounds doable?
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: BC Election and effect on RE

Sun Apr 16, 2017 1:53 pm

more housing approved and assistance with rent. to the moon!
 
westcoastfella
Real Estate Talker
Posts: 1581
Joined: Fri Mar 23, 2007 8:11 am

Re: BC Election and effect on RE

Sun Apr 16, 2017 2:52 pm

jimtan wrote:
Did anyone notice?

"B.C. NDP platform promises 114,000 new rental, co-op, social, and owner-purchase homes"

http://www.straight.com/news/895446/bc- ... hase-homes

Sounds doable?

It sounds about as doable as all the other NDP promises...
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: BC Election and effect on RE

Sun Apr 16, 2017 3:11 pm

Greens are fun
 
jimtan
Real Estate Talker
Posts: 5407
Joined: Tue Jul 31, 2007 10:59 pm

Re: BC Election and effect on RE

Mon Apr 17, 2017 6:42 am

westcoastfella wrote:
It sounds about as doable as all the other NDP promises...

Strange that you should say that. Gordon Campbell's long-serving chief of staff, Martyn Brown...

"Martyn Brown: On balance, John Horgan's platform works for me"

http://www.straight.com/news/895691/mar ... m-works-me

I'll be working NDP for the first time.  :shock:
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: BC Election and effect on RE

Mon Apr 17, 2017 6:51 am

^--- unrelated hobby media

in the real world with low supply we're going to the moon!
 
westcoastfella
Real Estate Talker
Posts: 1581
Joined: Fri Mar 23, 2007 8:11 am

Re: BC Election and effect on RE

Mon Apr 17, 2017 5:35 pm

jimtan wrote:
westcoastfella wrote:
It sounds about as doable as all the other NDP promises...

Strange that you should say that. Gordon Campbell's long-serving chief of staff, Martyn Brown...

"Martyn Brown: On balance, John Horgan's platform works for me"

http://www.straight.com/news/895691/mar ... m-works-me

Great.  You found one guy that seems to think this basket of tantalizing promises is going to work.  Despite his general approval of the plan, even Brown is somewhat skeptical of whether or not the NDP can actually achieve or pay for some of the initiatives.

Meanwhile, back to reality: http://www.cbc.ca/news/canada/british-c ... -1.4070585

Helmut Pastrick, chief economist at Central 1 Credit Union, says it's not an outlandish forecast but it does require a lot of things to go right.
"It should result in a higher GDP growth rate — how much is debatable — something in the order of 0.5 per cent GDP per year in 2019 is a good guess. There are many moving parts in a forecast and estimation," he said. 
"The fiscal plan is tighter — smaller surpluses than in the B.C. Liberal budget ... should negative developments occur, a deficit would arise quickly — however government can and would make adjustments to these conditions." 

There are also questions about what happens the year after the fiscal projections end. 
The NDP says it's paying for the elimination of the Port Mann and Golden Ears tolls through the already existing $500 million LNG prosperity fund the Liberals have created. When the fund runs out after three years, the party still has no plan for what would replace it.  

This is not a "plan", its a pile of promises with no plan on how to actually pay for it beyond the first few years.  This is why people don't necessarily trust the NDP with anything economy-related.

"What's missing is a vision. A vision of hope to actually put B.C. on the right track. Instead, it's all about epitomizing the anger they've developed over the last 16 years against the Liberals."

This pretty much sums it up.  The NDP have been waiting to take a crack at all things liberal, and are simply trying to appeal to younger voters with quick "solutions" on hot topics.  This is similar to the route that Trudeau took (now that reality has set in and he realizes the world is not built on rainbows and unicorns, we'll be paying for this massive overspend for decades to come), and a similar route that Trump took to appeal to the populists.  Unfortunately for us, this has proven to be the successful path for winning an election, the NDP are just trying it on for size.
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: BC Election and effect on RE

Mon Apr 17, 2017 5:38 pm

educated people know the american president is on the opposite side of the ndp 
 
jimtan
Real Estate Talker
Posts: 5407
Joined: Tue Jul 31, 2007 10:59 pm

Re: BC Election and effect on RE

Mon Apr 17, 2017 10:17 pm

westcoastfella wrote:
This pretty much sums it up.  The NDP have been waiting to take a crack at all things liberal, and are simply trying to appeal to younger voters with quick "solutions" on hot topics.  This is similar to the route that Trudeau took (now that reality has set in and he realizes the world is not built on rainbows and unicorns, we'll be paying for this massive overspend for decades to come), and a similar route that Trump took to appeal to the populists.  Unfortunately for us, this has proven to be the successful path for winning an election, the NDP are just trying it on for size.

I'm looking for 'nice' populists who are willing to try something different.  :!:
 
reallyreal2
Real Estate Talker
Topic Author
Posts: 666
Joined: Fri Jun 03, 2016 11:30 am

Re: BC Election and effect on RE

Tue Apr 18, 2017 5:57 am

westcoastfella wrote:
jimtan wrote:
westcoastfella wrote:
It sounds about as doable as all the other NDP promises...

Strange that you should say that. Gordon Campbell's long-serving chief of staff, Martyn Brown...

"Martyn Brown: On balance, John Horgan's platform works for me"

http://www.straight.com/news/895691/mar ... m-works-me

Great.  You found one guy that seems to think this basket of tantalizing promises is going to work.  Despite his general approval of the plan, even Brown is somewhat skeptical of whether or not the NDP can actually achieve or pay for some of the initiatives.

Meanwhile, back to reality: http://www.cbc.ca/news/canada/british-c ... -1.4070585

Helmut Pastrick, chief economist at Central 1 Credit Union, says it's not an outlandish forecast but it does require a lot of things to go right.
"It should result in a higher GDP growth rate — how much is debatable — something in the order of 0.5 per cent GDP per year in 2019 is a good guess. There are many moving parts in a forecast and estimation," he said. 
"The fiscal plan is tighter — smaller surpluses than in the B.C. Liberal budget ... should negative developments occur, a deficit would arise quickly — however government can and would make adjustments to these conditions." 

There are also questions about what happens the year after the fiscal projections end. 
The NDP says it's paying for the elimination of the Port Mann and Golden Ears tolls through the already existing $500 million LNG prosperity fund the Liberals have created. When the fund runs out after three years, the party still has no plan for what would replace it.  

This is not a "plan", its a pile of promises with no plan on how to actually pay for it beyond the first few years.  This is why people don't necessarily trust the NDP with anything economy-related.

"What's missing is a vision. A vision of hope to actually put B.C. on the right track. Instead, it's all about epitomizing the anger they've developed over the last 16 years against the Liberals."

This pretty much sums it up.  The NDP have been waiting to take a crack at all things liberal, and are simply trying to appeal to younger voters with quick "solutions" on hot topics.  This is similar to the route that Trudeau took (now that reality has set in and he realizes the world is not built on rainbows and unicorns, we'll be paying for this massive overspend for decades to come), and a similar route that Trump took to appeal to the populists.  Unfortunately for us, this has proven to be the successful path for winning an election, the NDP are just trying it on for size.


The NDP is being smart.

If anybody actually believes any politician, they have a problem. But at least the NDP is doing whatever it takes to get in - once in, they can govern as they see fit. The liberals have had their kick at the can for over a decade and it seems the only people that are better off are developers and realtors. Everybody else struggles to make ends meet and is getting pushed out of the core of the city.
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: BC Election and effect on RE

Tue Apr 18, 2017 6:55 am

The Greens are great .Split the vote

BC LIberals 2017 to the moon!
 
westcoastfella
Real Estate Talker
Posts: 1581
Joined: Fri Mar 23, 2007 8:11 am

Re: BC Election and effect on RE

Tue Apr 18, 2017 8:12 am

jimtan wrote:
westcoastfella wrote:
This pretty much sums it up.  The NDP have been waiting to take a crack at all things liberal, and are simply trying to appeal to younger voters with quick "solutions" on hot topics.  This is similar to the route that Trudeau took (now that reality has set in and he realizes the world is not built on rainbows and unicorns, we'll be paying for this massive overspend for decades to come), and a similar route that Trump took to appeal to the populists.  Unfortunately for us, this has proven to be the successful path for winning an election, the NDP are just trying it on for size.

I'm looking for 'nice' populists who are willing to try something different.  :!:

"Trying something different" doesn't have to mean promising everything you can think of without thinking about how it will all be paid for.
For better or worse, all Horgan has done is reinforce all the stereotypes about the NDP - spend spend spend with no real plan, and we'll go into debt as far as we have to to make it work.  Can't wait.  :(
 
jimtan
Real Estate Talker
Posts: 5407
Joined: Tue Jul 31, 2007 10:59 pm

Re: BC Election and effect on RE

Tue Apr 18, 2017 8:18 am

westcoastfella wrote:
jimtan wrote:
westcoastfella wrote:
This pretty much sums it up.  The NDP have been waiting to take a crack at all things liberal, and are simply trying to appeal to younger voters with quick "solutions" on hot topics.  This is similar to the route that Trudeau took (now that reality has set in and he realizes the world is not built on rainbows and unicorns, we'll be paying for this massive overspend for decades to come), and a similar route that Trump took to appeal to the populists.  Unfortunately for us, this has proven to be the successful path for winning an election, the NDP are just trying it on for size.

I'm looking for 'nice' populists who are willing to try something different.  :!:

"Trying something different" doesn't have to mean promising everything you can think of without thinking about how it will all be paid for.
For better or worse, all Horgan has done is reinforce all the stereotypes about the NDP - spend spend spend with no real plan, and we'll go into debt as far as we have to to make it work.  Can't wait.  :(

I'm thinking of a systemic change. Like Adrian Dix, Hogarth is afraid of scaring the voters. I'm hoping that once they get elected, they will have the guts to tackle the big issues. If not, the next election is 4 years away.  :wink:

The BC Liberals, like the NPA, does not work for Vancouver. We need to invest and reinvent, not cut costs. As a ex-corporate person, I would say that the next government should do it right, or go home.
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: BC Election and effect on RE

Tue Apr 18, 2017 8:45 am

$400 free money for tenants is good
 
reallyreal2
Real Estate Talker
Topic Author
Posts: 666
Joined: Fri Jun 03, 2016 11:30 am

Re: BC Election and effect on RE

Tue Apr 18, 2017 8:46 am

westcoastfella wrote:
jimtan wrote:
westcoastfella wrote:
This pretty much sums it up.  The NDP have been waiting to take a crack at all things liberal, and are simply trying to appeal to younger voters with quick "solutions" on hot topics.  This is similar to the route that Trudeau took (now that reality has set in and he realizes the world is not built on rainbows and unicorns, we'll be paying for this massive overspend for decades to come), and a similar route that Trump took to appeal to the populists.  Unfortunately for us, this has proven to be the successful path for winning an election, the NDP are just trying it on for size.

I'm looking for 'nice' populists who are willing to try something different.  :!:

"Trying something different" doesn't have to mean promising everything you can think of without thinking about how it will all be paid for.
For better or worse, all Horgan has done is reinforce all the stereotypes about the NDP - spend spend spend with no real plan, and we'll go into debt as far as we have to to make it work.  Can't wait.  :(

Again - I am unsure how this is different than with the BC Liberals - that graph belwo updated to today is now $66B (http://www.debtclock.ca/provincial-debt ... ia-s-debt/).  So the fiscally responsible liberals added approximately 32b over 16 years or 2b per year.  The lunatic NDP added $17B in 10 years or 1.7B per year.  So tell me again how the liberals are free from criticism?  It's like because they tell you that they are fiscally responsible, even if they are not, people just believe them:
Image
The worst of it is they throw the debt off the balance sheet so they can make themselves look better - not that they aren't racking up debt without the off-balance sheet commitments.
Like I said - they are all politicians.  They all lie, cheat and steal.  The problem I have is having the same government in place for too long gives makes them even more brazen for power and control.  Sometimes you need to give them a check or balance to let them know that we control this province, not them.
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