Thoughts on BC Politics and More

I have read Johns comments on this , and I offer the following comments: I have been in the real estate industry for 37 years, longer than John was a lawyer and I co-owned and managed the second highest producing real estate office in western Canada so I am quite comfortable in speaking to this.   In a previous comment, John implied that with this imitative, we were going to crash similar to what happened in the US in 2008 then threw out some stats that were not even relevant to this and to compare us to the US is frankly a joke.   The reason the US market crashed is because the banks down there would loan you 100% of purchase price to buy a home and then to add insult to injury, you could write off the interest on your mortgage payment on your income tax.  This was a complete joke because every time there was an increase in market values, Americans would refinance their home so they could go buy motor-homes, boats, toys of all shakes because they could write it...

Since the beginning of the Spring 2019 session, the BC Green Caucus, has been asking government about money laundering in British Columbia. The focus has been largely on the bags of cash dragged into the casinos to be laundered by so-called "whale" gamblers.   But, as we found out with Peter German's report, the problem extends to real estate and luxury cars. Apparently, you can buy a multi-million-dollar house in British Columbia with cash. Few checks and balances and little enforcement. I asked Minister's Eby and James about these troubling issues again today in Question Period. We must go further, and push harder than we are.   Here is a Transcript from Question Period: Adam Olsen: A mind-numbing line of questioning coming from the other side this morning, almost as mind-numbing as the despicable rot that we've been uncovering in British Columbia over the last couple of weeks. Global's reporting last fall esti...