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Skip to Main Content Only 2 Left in Stock. Eero Aarnio designed the original bubble chair in 1968 while residing in Finland. The industrial modernist design of the chair provides for a seating experience that is simultaneously encapsulating and transparent at the same time. The floating feeling is accomplished by suspending the bubble chair in mid air using the built in stainless steel frame arch or mounting to the ceiling using the ceiling mount version. Aarnio selected a synthetic upholstery to provide the modern industrial feel he was intending for the chair. Although the bubble chair takes up similar physical space as a standard chair, from a design perspective the transparent chair floating off the ground provides a whimsical feeling of airiness. This precision reproduction of the original uses the same high quality acrylic shell, premium stainless steel frame and retro futuristic silver upholstery. Stainless steel chromed base Upholstery Material: Faux leather
65'' H x 40'' W x 25'' D Front bubble opening size 38" in diameter Floor to top of steel support arch size: 62" Floor to bottom of ball size: 21" 1.5" Diameter stainless steel arch support 0.5" Thick clear acrylic bubble shell Base: 26" In diameterKardiel consists of a passionate group of modernist enthusiasts creating reproducing mid century modern modern loft interior furnishings. They exist solely for the modernist aficionado delivering expansive designs that compliment clean and simple interior themes. They manufacture, warehouse and distribute all of the items they offer. They select the quality of the ingredients and the type of craftsmanship that goes into the creation of each piece. Genuine Soft Aniline leathers, durable Cashmere Wool fabrics and American Black Walnut frames are familiar terms in their vocabulary. They sweat the details understanding the intent of the angles, lines and dimensions of the original designs. If modernism is part of your design theme the persnickety selection from Kardiel will deliver the maximum visual impact for your projects budget.
More About This Product Enter your shipping zip code to calculate shipping estimates Enjoy the comfort of premium coverage with a Protection Plan Accidental stains & damage Full repair with no deductible What does this Protection Plan cover? This plan covers all accidental stains as well as accidental damage to your furniture. What's covered under "accidental damage?" In terms of accidental damage, this plan covers all unintentional stains, rips, tears, burns, punctures, gouges, chips, dents, and water rings. Once I've purchased a plan, when does my coverage begin? Coverage for accidental damage begins the day your product is delivered. What isn't covered by this plan? This plan does not cover damages caused by accumulation, neglect, abuse, or failure to comply with the manufacturer’s warranty. It also does not cover damages caused by natural disasters such as a fire or flooding, or furniture used in commercial settings.
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No one's written a review yet—why not write the first one?No question is more on the minds of Metro Vancouver homeowners and renters than how and when the region’s housing bubble could burst. After stratospheric escalation, a punctured bubble would be disaster for hundreds of thousands of over-mortgaged homeowners. wholesale chair slip coversYet it could bring relief to those desperate to get into housing. Last summer’s B.C. government 15-per-cent tax on foreign buyers and the federal government’s stress test for mortgages have slowed the volume of sales in Metro Vancouver, particularly at the top end. But, despite suggestions from a few voices in finance and real estate, the city’s bubble is intact: Prices remain at record highs after jumping by 40 to 60 per cent in two years. Unaffordability continues to be a crisis, especially for the young. No meaningful link exists between the city’s tepid median wages and runaway real estate values.
The conventional wisdom is you can’t be sure you’re in a housing bubble until it bursts. Yet there is little doubt Metro Vancouver is extremely vulnerable to a free fall. The Swiss Bank UBS rates Metro real estate as the most likely to experience a sudden downward correction of 17 large cities, including London and Hong Kong. And the longer the bubble lasts the harder the crash. What is most likely to cause the bubble to rupture? SFU urban studies professor Wu Qiyan, UBC geographer David Ley and others are most closely watching China, the fast-growing powerhouse of 1.4 billion people. They make a convincing case that no other factor — including interest rates — is as important, as surveys showing 40 to 60 per cent of China’s wealthy individuals want to emigrate and buy housing in another country. In 2016 China’s rich injected more than $33 billion into U.S., Australian, British and other global housing markets. We don’t know how much they bought in Canada because, as Ley said, this country ranks among the few “in the civilized world” that doesn’t publish foreign investment data.
Yet it’s clear the West Coast of Canada and the U.S. is the most popular destination for China’s elite, according to the Hurun Report. China is now a “fundamental” of Metro’s housing market, says Ley, author of Millionaire Migrants: Trans-Pacific Lifelines. Even though Metro is small, the Hurun Report shows China’s moneyed class are more attracted to Metro than even large “gateway” cities such as Sydney, London and Singapore. Metro’s housing market has long been tied to China’s economy. Our real estate prices have gone up and down in tandem with China’s fluctuating economy since the 1990s, according to data compiled by Bloomberg News. China’s trans-national citizens are especially drawn to Metro Vancouver, Ley said, for its clean air, climate, trusted universities, relatively short flight times and existence of a Chinese-speaking community that makes up one fifth of the population. Given the key role China’s wealth plays in Metro, the question both Wu and Ley ask is: Will the country’s hardline Communist leaders finally succeed in stopping the illicit flight of its capital?
All eyes should be on China’s new edict, which began Jan. 1, say Wu and Ley. Will it be more effective than others? It demands a written pledge that yuan converted into U.S. dollars will not be used to buy property overseas. It also creates a government black list and harsher penalties for violators. “If China can control the outflow of its currency — and keep it to only $50,000 US per person a year — it would greatly impact the housing market in Metro Vancouver,” said Wu. “I think this … crackdown will be much more strictly enforced and will be longer lasting,” adds Victor Shih, of the University of California, San Diego, who researches the impact of elite networks in China. China’s Ministry of Commerce reported this week that Chinese investment in offshore property has fallen sharply since last year. But Chua Han Teng, of Fitch’s BMI Research in Singapore, said “I think the impact (of capital controls) is probably limited.” China’s financial systems are porous and there is still, he said, “a great desire for people to try to bring their money out.”
It’s likely the latest restrictions will mostly make it difficult for middle- and upper-middle-class Chinese to transfer money out, Ley said. But the problem for Metro Vancouver is that China’s ultra-wealthy, including its billionaires, have probably already transferred much of their money to secret accounts, with the Panama Papers revealing Hong Kong as the most crucial hub for laundering capital to tax havens. “The most important factor for Metro housing is whether capital keeps coming out of China,” Ley said. “China has tried to block it before, but each time it keeps coming. As long as that capital keeps coming, I do not anticipate our bubble bursting.” Even though Ley puts great weight on China, he adds that rising interest rates could also play a role in a downturn. British financial analysts, he said, have noted the country has the “cheapest mortgage rates in 300 years.”“One day we will get cumulative rate increases,” he said, and they will affect overstretched Canadians as well as offshore investors.
Metro residents are among the most leveraged. The Bank of Canada reports hundreds of thousands of Metro households have indebtedness that exceeds their annual incomes by 150 to 450 per cent. “It’s especially the people in the newer suburbs of Langley, Surrey and the Tri-Cities who are mortgaged up to the hilt,” Ley said. Even though Metro Vancouver and Toronto residents have experienced housing bubbles that deflated since the 1980s, Ley believes most remain in denial. They haven’t paid attention to just how bad the subprime mortgage crash of 2008 was for Americans. Millions of Americans not only lost their jobs, but their homes were foreclosed. Ley thinks their sense of betrayal fuelled the rise of populist President Donald Trump. Ley is also convinced the outrage Metro residents felt over inflated housing prices was the political reason for Premier Christy Clark breaking out of her usual pro-foreign-investment stance and applying the 15-per-cent tax.
An Angus Reid poll revealed 90 per cent of Metro residents supported the move. That included most of those “profiting” on paper from the bubble, whom Ley said worried for the future for their children and grandchildren. It appears the 15-per-cent tax may have had some impact on China’s elite. The Hurun index reports China’s wealthy now rank Metro Vancouver sixth, instead of third, as the city they most want to emigrate to and buy dwellings in. Los Angeles and San Francisco remain in first and second. Vancouver has been replaced by Seattle. New York and Boston fill the fourth and fifth spots. But the 15-per-cent tax apparently did not puncture the bubble. One Metro Vancouver index reported housing prices began nudging up again in January. Offshore investors, says Ley, recognize the purchase tax is not permanent. They note Clark has already relaxed the rules, making it possible for non-citizens who pay Canadian taxes to not pay it. That means, for instance, 170,000 foreign students and non-permanent residents in B.C., more than one third of whom are from China, are again allowed to freely buy luxury or other homes in Metro as proxies for foreigners.