Originally Posted by Guest

Again the news reported that the majority ( 51% +) of home buyers in America are foreigners and the greatest % of that figure are Canadians Reason home values lower in the USA

Personal Best Regards:

Bull...show me the links.

Canadians aren't moving to the US and leaving Canada because of lower prices.

You're telling me that 26% of ALL houses sold in the US is to a Canadian?

A Canadian dollar is only worth 0.76...that's 24% less. I'm sure that more than makes up for house price differences. 24% gets "added" to the cost of a Canadian buying a house in the US automatically.

Gee you think? America is a SHELL of what it was...because the PEOPLE are a shell of what we once were. You CAN'T have success when the best people are forced out because of quotas. You CAN'T have success when you lower the standards so much a monkey could "qualify".

We decided diversity was more important than success...THAT is what we need to change.[/QUOTE]

Originally Posted by Guest

MOST of those worthless loans that took down the real estate market were to...drum roll...

Minorities.

Worthless loans made to worthless people...

All made possible by the dimocraps who gave us the CRA...

Originally Posted by Guest

Gee you think? America is a SHELL of what it was...because the PEOPLE are a shell of what we once were. You CAN'T have success when the best people are forced out because of quotas. You CAN'T have success when you lower the standards so much a monkey could "qualify".

We decided diversity was more important than success...THAT is what we need to change.

[/QUOTE]

You liked that lar? I don't remember when/which post I wrote that for...but it does fit beautifully here too.

We in effect decided that "dogs" were human and our equal and redesigned society to "fit them in" as equals. We lowered the standards so ALL that was needed to "qualify" is being able to...sit, stay, and roll over. It's sad how we destroyed a country and a culture...to fit them in. Now, "they" number more than us...and the nation is lost within 30 years. Maybe all of western civilization as Europe is being overrun by "brown people" too.

Originally Posted by Guest

Bull...show me the links.

Canadians aren't moving to the US and leaving Canada because of lower prices.

You're telling me that 26% of ALL houses sold in the US is to a Canadian?

A Canadian dollar is only worth 0.76...that's 24% less. I'm sure that more than makes up for house price differences. 24% gets "added" to the cost of a Canadian buying a house in the US automatically.

Well I didn't say they were moving to the USA, I only said they were buying homes here...big difference. And while I have no obligation to you I will say the information was gleaned from an article in WSJ this past week that spoke to the issue of new housing starts. Homes prices are cheaper here . I believe Canadians are buying get away homes here

Let all the illegals go to Canada! Stupid Prime Minster!

Originally Posted by Guest

Why Canada Is Able to Do Things Better - The Atlantic

Americans are addicted to something for nothing so US borrows for everything.
Canada maintains a military they can afford, US pays no attention to costs as is evident just today with new aircraft carrier commissioned, all on grandchildren's credit card.
I believe Canadian voters are more intelligent or politically astute then their American counterparts.
They support the healthcare they can afford while in US cost is after thought if at all
These are a few reasons

The Canadians know how to handle complaints. Here is an example.

A Canadian female liberal wrote a lot of letters to the Canadian government, complaining about the treatment of captive insurgents (terrorists) being held in Afghanistan National Correctional System facilities. She demanded a response to her letter. She received back the following reply:

National Defense Headquarters
M Gen George R. Pearkes Bldg., 15 NT
101 Colonel By Drive
Ottawa , ON K1A 0K2
Canada

Dear Concerned Citizen,
Thank you for your recent letter expressing your profound concern of treatment of the Taliban and Al Qaeda terrorists captured by Canadian Forces, who were subsequently transferred to the Afghanistan Government and are currently being held by Afghan officials in Afghanistan National Correctional System facilities.

Our administration takes these matters seriously and your opinions were heard loud and clear here in Ottawa. You will be pleased to learn, thanks to the concerns of citizens like yourself, we are creating a new department here at the Department of National Defense, to be called 'Liberals Accept Responsibility for Killers' program, or L.A.R.K. for short.
In accordance with the guidelines of this new program, we have decided, on a trial basis, to divert several terrorists and place them in homes of concerned citizens such as yourself, around the country, under those citizens personal care. Your personal detainee has been selected and is scheduled for transportation under heavily armed guard to your residence in Toronto next Monday.

Ali Mohammed Ahmed bin Mahmud is your detainee, and is to be cared for pursuant to the standards you personally demanded in your letter of complaint. You will be pleased to know that we will conduct weekly inspections to ensure that your standards of care for Ahmed are commensurate with your recommendations.

Although Ahmed is a sociopath and extremely violent, we hope that your sensitivity to what you described as his 'attitudinal problem' will help him overcome those character flaws. Perhaps you are correct in describing these problems as mere cultural differences. We understand that you plan to offer counseling and home schooling, however, we strongly recommend that you hire some assistant caretakers.
Please advise any Jewish friends, neighbours or relatives about your house guest, as he might get agitated or even violent, but we are sure you can reason with him. He is also expert at making a wide variety of explosive devices from common household products, so you may wish to keep those items locked up, unless in your opinion, this might offend him. Your adopted terrorist is extremely proficient in hand-to-hand combat and can extinguish human life with such simple items as a pencil or nail clippers. We advise that you do not ask him to demonstrate these skills either in your home or wherever you choose to take him while helping him adjust to life in our country.

Ahmed will not wish to interact with you or your daughters except sexually, since he views females as a form of property, thereby having no rights, including refusal of his sexual demands. This is a particularly sensitive subject for him.
You also should know that he has shown violent tendencies around women who fail to comply with the dress code that he will recommend as more appropriate attire. I'm sure you will come to enjoy the anonymity offered by the burka over time. Just remember that it is all part of 'respecting his culture and religious beliefs' as described in your letter.
You take good care of Ahmed and remember that we will try to have a counselor available to help you over any difficulties you encounter while Ahmed is adjusting to Canadian culture.

Thanks again for your concern. We truly appreciate it when folks like you keep us informed of the proper way to do our job and care for our fellow man. Good luck and God bless you.

Cordially,
Gordon O'Connor
Minister of National Defense

Funny Or Die - Thomas Hayden Church would rather die in...

Originally Posted by Guest

Americans are addicted to something for nothing so US borrows for everything.
Canada maintains a military they can afford, US pays no attention to costs as is evident just today with new aircraft carrier commissioned, all on grandchildren's credit card.
I believe Canadian voters are more intelligent or politically astute then their American counterparts.
They support the healthcare they can afford while in US cost is after thought if at all
These are a few reasons

Canadians don't need big military when they got big brother that can beat the Shyt out of any neighbor close or far. Canadians have big export trade advantage due to our stupid NAFTA agreements. Candaians have fewer mooches and far as I know have good work ethic. We have bunch of political lawayers in charge to get every taxation dollar the can to fund they're golden paved roads to retirement. Canadians don't have the carpetbaggers we have in charge of government.

If it wasn't so Fking cold up there I consider moving were my dollars go further. But, the grass is NOT always greener on the other side of the fence????

Originally Posted by Guest

Canadians don't need big military when they got big brother that can beat the Shyt out of any neighbor close or far. Canadians have big export trade advantage due to our stupid NAFTA agreements. Candaians have fewer mooches and far as I know have good work ethic. We have bunch of political lawayers in charge to get every taxation dollar the can to fund they're golden paved roads to retirement. Canadians don't have the carpetbaggers we have in charge of government.

If it wasn't so Fking cold up there I consider moving were my dollars go further. But, the grass is NOT always greener on the other side of the fence????

Canada doesn't have the "brown" population that the US has. Canada has 3% blacks and 1% Hispanics. The US is now 49% white and 51% minority.

Answer to the question is:

They are not able to do things better than America, and we should not be looking elsewhere to better our country. Our problems are within, and due to the ignorant, protected and supposedly needy. We coddle too much. America needs tough love. Make the folks work for their welfare.

Originally Posted by Guest

Bull...show me the links.

Canadians aren't moving to the US and leaving Canada because of lower prices.

You're telling me that 26% of ALL houses sold in the US is to a Canadian?

A Canadian dollar is only worth 0.76...that's 24% less. I'm sure that more than makes up for house price differences. 24% gets "added" to the cost of a Canadian buying a house in the US automatically.

Home | Economy
Tags: foreign | home | sales | real estate
Realtors: Foreign US Home Sales Surge 49 Percent to Record $153 Billion
Image: Realtors: Foreign US Home Sales Surge 49 Percent to Record $153 Billion
(Dollar Photo Club)

By F McGuire | Tuesday, 18 Jul 2017 03:08 PM

Foreign investment and purchases in U.S. residential real estate skyrocketed to a new high, fueled by a substantial increase from Canadian buyers.

Foreign buyers closed on $153 billion worth of U.S. residential properties between April 2016 and March 2017, a 49 percent jump from the period a year earlier, according to the National Association of Realtors. That surpasses the previous high, set in 2015.

NAR’s 2017 Profile of International Activity in U.S. Residential Real Estate, found that between April 2016 and March 2017, foreign buyers and recent immigrants purchased $153.0 billion of residential property, which is a 49 percent jump from 2016 ($102.6 billion) and surpasses 2015 ($103.9 billion) as the new survey high.

Overall, 284,455 U.S. properties were bought by foreign buyers (up 32 percent from 2016), and purchases accounted for 10 percent of the dollar volume of existing-home sales (8 percent in 2016).

“The political and economic uncertainty both here and abroad did not deter foreigners from exponentially ramping up their purchases of U.S. property over the past year,” said Lawrence Yun, NAR chief economist.

“While the strengthening of the U.S. dollar in relation to other currencies and steadfast home-price growth made buying a home more expensive in many areas, foreigners increasingly acted on their beliefs that the U.S. is a safe and secure place to live, work and invest.”

The jump “follows a year-earlier retreat and comes as a surprise, given the current strength of the U.S. dollar against most foreign currencies, which makes U.S. housing even more expensive,” CNBC.com explained. “Apparently, the value of a financial safe-haven is outweighing the rising costs,” CNBC reported.

Foreign sales accounted for 10 percent of all existing home sales by dollar volume and 5 percent by number of properties. In total, foreign buyers purchased 284,455 homes, up 32 percent from the previous year.

Half of all foreign sales were in just three states: Florida, California and Texas.

“Chinese buyers led the pack for the fourth straight year, followed by buyers from Canada, the United Kingdom, Mexico and India. Russian buyers made up barely 1 percent of the purchases,” CNBC explained.

“But the biggest overall surge in sales in the last year came from Canadian buyers, who scooped up $19 billion worth of properties, mostly in Florida. They are also spending more, with the average price of a Canadian-bought home nearly doubling to $561,000,” CNBC explained.

Yun attributes this notable rise in activity to Canadians opting to buy property in U.S. markets that are expensive but still more affordable than in their native land. While much of the U.S. continues to see fast price growth, home price gains in many cities in Canada have been steeper, especially in Vancouver and Toronto.

“Inventory shortages continue to drive up U.S. home values, but prices in five countries, including Canada, experienced even quicker appreciation2,” said Yun. “Some of the acceleration in foreign purchases over the past year appears to come from the combination of more affordable property choices in the U.S. and foreigners deciding to buy now knowing that any further weakening of their local currency against the dollar will make buying more expensive in the future.”

Foreign buyers typically paid $302,290, which was a 9.0 percent increase from the median sales price in the 2016 survey ($277,380) and above the sales price of all existing homes sold during the same period ($235,792). Approximately10 percent of foreign buyers paid over $1 million, and 44 percent of transactions were all-cash purchases (50 percent in 2016).

Originally Posted by Guest

Answer to the question is:

They are not able to do things better than America, and we should not be looking elsewhere to better our country. Our problems are within, and due to the ignorant, protected and supposedly needy. We coddle too much. America needs tough love. Make the folks work for their welfare.

Yes...a minority majority is our problem. It WILL be the end of "America".

Originally Posted by Guest

Home | Economy
Tags: foreign | home | sales | real estate
Realtors: Foreign US Home Sales Surge 49 Percent to Record $153 Billion
Image: Realtors: Foreign US Home Sales Surge 49 Percent to Record $153 Billion
(Dollar Photo Club)

By F McGuire | Tuesday, 18 Jul 2017 03:08 PM

Foreign investment and purchases in U.S. residential real estate skyrocketed to a new high, fueled by a substantial increase from Canadian buyers.

Foreign buyers closed on $153 billion worth of U.S. residential properties between April 2016 and March 2017, a 49 percent jump from the period a year earlier, according to the National Association of Realtors. That surpasses the previous high, set in 2015.

NAR’s 2017 Profile of International Activity in U.S. Residential Real Estate, found that between April 2016 and March 2017, foreign buyers and recent immigrants purchased $153.0 billion of residential property, which is a 49 percent jump from 2016 ($102.6 billion) and surpasses 2015 ($103.9 billion) as the new survey high.

Overall, 284,455 U.S. properties were bought by foreign buyers (up 32 percent from 2016), and purchases accounted for 10 percent of the dollar volume of existing-home sales (8 percent in 2016).

“The political and economic uncertainty both here and abroad did not deter foreigners from exponentially ramping up their purchases of U.S. property over the past year,” said Lawrence Yun, NAR chief economist.

“While the strengthening of the U.S. dollar in relation to other currencies and steadfast home-price growth made buying a home more expensive in many areas, foreigners increasingly acted on their beliefs that the U.S. is a safe and secure place to live, work and invest.”

The jump “follows a year-earlier retreat and comes as a surprise, given the current strength of the U.S. dollar against most foreign currencies, which makes U.S. housing even more expensive,” CNBC.com explained. “Apparently, the value of a financial safe-haven is outweighing the rising costs,” CNBC reported.

Foreign sales accounted for 10 percent of all existing home sales by dollar volume and 5 percent by number of properties. In total, foreign buyers purchased 284,455 homes, up 32 percent from the previous year.

Half of all foreign sales were in just three states: Florida, California and Texas.

“Chinese buyers led the pack for the fourth straight year, followed by buyers from Canada, the United Kingdom, Mexico and India. Russian buyers made up barely 1 percent of the purchases,” CNBC explained.

“But the biggest overall surge in sales in the last year came from Canadian buyers, who scooped up $19 billion worth of properties, mostly in Florida. They are also spending more, with the average price of a Canadian-bought home nearly doubling to $561,000,” CNBC explained.

Yun attributes this notable rise in activity to Canadians opting to buy property in U.S. markets that are expensive but still more affordable than in their native land. While much of the U.S. continues to see fast price growth, home price gains in many cities in Canada have been steeper, especially in Vancouver and Toronto.

“Inventory shortages continue to drive up U.S. home values, but prices in five countries, including Canada, experienced even quicker appreciation2,” said Yun. “Some of the acceleration in foreign purchases over the past year appears to come from the combination of more affordable property choices in the U.S. and foreigners deciding to buy now knowing that any further weakening of their local currency against the dollar will make buying more expensive in the future.”

Foreign buyers typically paid $302,290, which was a 9.0 percent increase from the median sales price in the 2016 survey ($277,380) and above the sales price of all existing homes sold during the same period ($235,792). Approximately10 percent of foreign buyers paid over $1 million, and 44 percent of transactions were all-cash purchases (50 percent in 2016).

OK...this shows I was right and you were wrong...

"Foreign sales accounted for 10 percent of all existing home sales by dollar volume and 5 percent by number of properties"

Canadians actually bought only 2.6% of homes in the US. Foreigners bought 10% total, Canadians bought 26% (your number) of those for 2.6% in total.

We must use judgement based on facts and... - The Digital Left