Affordability crunch is ‘collateral damage’ of economic stimulus measures, says UBC study
Politicians decided to “reboot a troubled regional economy through an infusion of activity from the growth region of the... read more.
REAL ESTATE: IS THE BOOM OVER?
Premier Christy Clark has pledged to temper the greed of real estate agents involved in shadow flipping properties in Metro Vancouver, but critics say it will do little to slow the blistering market.
Clark announced Friday that any agents involved in shadow flipping will require the informed consent of those involved and, most crucially, any profits from shadow flipping must go to the original sell... read more.
Here’s an interesting tidbit to share with friends while rehashing Vancouver’s out-of-control real estate market: Nearly 600 homes were flipped in the city last year.
It is a far higher number than in 2014, when 356 homes were re-sold within a year of a previous sale, according to a Vancouver Sun analysis of every quick turnaround of houses and condos in the city of Vancouver between January 2011 a... read more.
- Human beings have built a 2,000-mile-long frontier wall exactly one time. Once. And it was accomplished only through a centuries-long building campaign that necessitated the forced la... read more.
Immigrants have a major impact on fast-rising house prices in Metro Vancouver and Toronto, according to the author of a new study.
In a unique research project, UBC geographer Daniel Hiebert discovered that ethnic Chinese and South Asians become homeowners at a much higher rate than other immigrants and the general population.
“There is definitely an impact on the housing market,” said Hiebert, who... read more.
A common point of confusion for people when they are purchasing a home is how long the home buying process will actually take. Some folks think that it all comes together immediately, while others assume that if will take months before they move into their dream home. The truth is that there are a couple of different components which can either expedite the process or prolong it. Here is a quick l... read more.
What do you think are the real reasons that no Wall Street executives have been prosecuted for fraud as a result of the 2008 financial crisis?
Here, six things that are key to deciding if a condo is the right choice for you.
The word ‘condo’ suddenly sounds awfully appealing.
But there are important factors to think about. Considerations to ponder... read more.
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