Take a Look at This - Millennials 2.0: Young families feel the squeeze in Vancouver's housing market



There are many stereotypes around the millennial generation, often having to do with selfies - and artisanal everything. But the reality is many in this generation are now young parents who face significant economic challenges as they raise the next ...


Take a Look at This - John Tory floats notion of Toronto vacancy tax to curb speculators

Toronto Mayor John Tory says he is open to following Vancouver's lead by imposing a tax on vacant homes to crack down on speculators, as pressure mounts on governments of all levels to rein in the runaway real estate market.




Comments

Post a Comment

Popular posts from this blog

Soaring house prices, shifting lifestyles driving condo craze, experts say

In 10 of Canada's 35 so-called "census metropolitan areas," "single-detached houses represented less than half of occupied private dwellings in 2016," the agency reported, including in Vancouver. Indeed, in B.C., the share of single-detached houses ... http://rock.ly/duhzr 'This is an ugly market': A look at Langley, Abbotsford and Chilliwack ... First-time home buyers struggle to find their dream homes even an hour out of Vancouver. Prices for townhouses and condominiums have gone up significantly ... http://rock.ly/2pc6v
Read more

Spike In Canadian Searches For ‘Housing Bubble' A Sign It's Ending

Image
Bad news for Metro Vancouver home buyers as prices climb "The principal victims of the B.C. government's foreign buyer tax were Canadians who had planned to sell or buy a home and were frightened away by unsubstantiated rhetoric in which the Chinese were entirely to blame for Vancouver's housing shortage ... Spike In Canadian 'Housing Bubble' Searches A Sign It May Be Ending If there's one truism about housing bubbles, it's that, at first, buyers and sellers don't believe there's a housing bubble. After all, you're probably not going to pay tens or hundreds of thousands over asking if you think prices are going to pop ...
Read more

Take a Look at This - Home buyers and tenants leaving BC's Lower Mainland for Powell River

Image
As soaring real estate prices expand up B.C.'s south coast, Powell River has become a refuge for residents of Greater Vancouver who want to make home ownership a reality. The community of about 13,000, located two ferry rides from the Lower Mainland, ... Take a Look at This - Trudeau government looks to provinces to cool red-hot housing markets in Toronto, Vancouver OTTAWA - Canada's federal government lobbed the problem of Toronto's hot housing market back to Ontario after its new budget did nothing to rein in real estate speculators, boosting expectations a foreign buyers tax may soon be imposed in Canada's ... http://rock.ly/z08vc
Read more