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Showing posts from January, 2018

Residency requirement is a good idea for real estate purchases

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It's being floated about, the idea to ban foreigners from buying property in BC. I'm not an expert on this, but one thing I do know. A party offering a populist idea that pledges to ban foreigners from [activity] is bound to attract voters with a certain antipathy towards.. foreigners. Maybe that's the intention, maybe it isn't. But are we 100% sure that it's only foreigners cash that's distorted Vancouver's real estate market? Are we 100% certain that domestic or even local investment hasn't played a role in distorting with housing prices in the city? The answer is "no" to both. I don't claim to be an expert on housing, real estate and relevant regulations. But a narrative in BC that seeks to blame the foreigners isn't philosophically far from Trump's attack on #DACA folks. Blame the foreigners, kick 'em out, that will fix our problems. No. It makes us look like an asshole. My 2 bits.

Oprah is great, but not as a presidential candidate

Hear me out for a moment. First, as far as qualifications go, she towers Trump in every way. She wasn't born into wealth, she had to earn it the hard way. As a black woman, that climb was far steeper than most others had to do. Her challenge is that she's polarizing. Those who like her, love her. Those who dislike her, well you get the picture. To a lesser degree than Hillary Clinton to be sure, but polarizing to be clear. If Democrats nominate Oprah, they validate the narrative told by Republicans that Democrats cater to elite, rich and entitled limousine Liberals. Facts be damned. No mention that Trump, and Romney beforehand were candidates born into wealth and were far more detached from the plight of the average working stiff who's slipping further behind than ever before. But we've well established that we're in a post truth era where facts don't matter, "truth" is told by oft repeated narrative. Democrats need to locate a slate of candidates