This is a friendly, interactive exchange of information on all Real Estate related subjects. Follow on Twitter: @RETALKS


Search found 18527 matches: Vancouver

Searched query: +Vancouver

by jimtan
Wed Mar 11, 2020 5:51 pm
Forum: Real Estate Talks
Topic: Airbnb condo fined $46k
Replies: 0
Views: 3409

Airbnb condo fined $46k

by jimtan
Mon Feb 17, 2020 9:49 pm
Forum: Real Estate Talks
Topic: How the BC Vacancy Tax Increase Will Impact the Market in 2020
Replies: 1
Views: 8215

Re: How the BC Vacancy Tax Increase Will Impact the Market in 2020

... if I don't make the dateline. "Over 99% of British Columbians are expected to be exempt from this tax...Remember: This tax is different from Vancouver's empty homes tax, and you must declare separately for each tax" https://www2.gov.bc.ca/gov/content/taxes/speculation-vacancy-tax/how-to-declare/mailout-schedule
by jimtan
Tue Sep 17, 2019 12:27 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 16
Views: 20479

Re: Did The Vancouver Foreign Buyers Tax Work?

Working so well that West Vancouver wants to pile in ... "West Vancouver wants power to impose own vacancy tax .... Mayor says city wants to target foreign owners sitting on houses like 'safety deposit boxes' .... "This is a real problem," ...
by Justice
Tue Aug 20, 2019 7:49 pm
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 58
Views: 34570

Re: Is the boom over?

Since the media assured me that Hong Kong buyers would now be snapping up Vancouver property like no tomorrow, I was surprised to come back here and find nothing but tumbleweeds? Where's all the FOMO?
by jimtan
Mon Aug 12, 2019 8:42 pm
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1478
Views: 464096

Re: Climate Warming is coming to BC

... and tropical storms in late summer. You have to ask yourself, “Where is a safe refuge?” Everyplace will be affected by climate change. Even Vancouver will be affected by wildfire haze and water shortages. I started this thread in 2012, as an educational service. Even then, I anticipated ...
by jimtan
Thu Jun 27, 2019 8:21 am
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 16
Views: 20479

Re: Did The Vancouver Foreign Buyers Tax Work?

Yes, the government intervention has been successful. Foreign buyers out... "This West Vancouver mansion just sold for less than half its asking price. It’s not the only one" https://globalnews.ca/news/5314158/homes-west-vancouver-selling-discounts/ Not surprising, ...
by jimtan
Sun Jun 09, 2019 3:42 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 16
Views: 20479

Re: Did The Vancouver Foreign Buyers Tax Work?

Here's something from Saretsky…


"Pre-Sale Absorption Rate Drops to 20% Prompting Developers to Cancel Projects"

https://stevesaretsky.com/pre-sale-abso ... -projects/

Looks like it's all working as planned.
by jimtan
Sun May 26, 2019 5:19 am
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 16
Views: 20479

Re: Did The Vancouver Foreign Buyers Tax Work?

Hard to believe that the amount is so large, but...

"Money laundering funded $5.3B in B.C. real estate purchases in 2018, report reveals"

https://www.cbc.ca/news/canada/british- ... -1.5128769
by jimtan
Sun Apr 07, 2019 11:30 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 16
Views: 20479

Re: Did The Vancouver Foreign Buyers Tax Work?

This will possibly have an equally great impact … tax evasion and money laundering.

"B.C. introduces law to prevent money laundering, tax evasion in real estate"

https://www.cbc.ca/news/canada/british- ... -1.5082253
by jimtan
Tue Mar 12, 2019 6:40 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 16
Views: 20479

Re: Did The Vancouver Foreign Buyers Tax Work?

Clear target here... "Over 11% of Vancouver condos have a non-resident owner, says new CMHC report … Tom Davidoff, the director of UBC's Centre for Urban Economics and Real Estate, says the report confirms what everyone already knows. "It's ...
by pigvomit
Tue Feb 19, 2019 8:42 pm
Forum: Real Estate Talks
Topic: The New Great Depression.
Replies: 4
Views: 7604

The New Great Depression.

There is a New Great Depression on it’s way. This will dwarf 2007 Great Recession. Our Vancouver market was based on Quanatative Easing and Dirty and Black money from China. People believe they were rich because of how much their houses were now “worth”, more than ...
by jimtan
Fri Feb 08, 2019 7:53 am
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 16
Views: 20479

Re: Did The Vancouver Foreign Buyers Tax Work?

Yah! A combination of measures means ….. party!!!! "Vancouver Detached Market Climbs to 15 Months Worth of Inventory … When studying comparable sales it is safe to conclude luxury home prices are about 25% lower than peak prices achieved back in early ...
by ozzie
Wed Jan 30, 2019 1:13 pm
Forum: Real Estate Talks
Topic: This Is Why I Have This Date Marked On My Calendar
Replies: 0
Views: 12959

This Is Why I Have This Date Marked On My Calendar

... the “trade of the century.” In a nutshell, I want the details, which is why I’ll be attending the World Outlook Conference at the Westin Bayshore, Vancouver next Friday, Feb. 1st and Saturday, Feb 2nd . Oh yeah, I’m going to be speaking too. There’s some incredibly important things going on in ...
by jimtan
Wed Dec 19, 2018 7:57 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 16
Views: 20479

Re: Did The Vancouver Foreign Buyers Tax Work?

... said that lawyer Peter German also didn't know about the report, which purported that crime networks funnelled more than $1 billion through the Vancouver real-estate market in 2016..." https://www.straight.com/news/1177466/attorney-general-david-eby-never-knew-about-rcmps-secret-report-money-laundering-until
by jimtan
Tue Dec 11, 2018 2:28 pm
Forum: Real Estate Talks
Topic: Chinese going to come down hard on Vancouver
Replies: 1
Views: 7376

Re: Chinese going to come down hard on Vancouver

One family (not real permanent residents) own $16m worth of SFH! This won't help the local speculators …

"Detached home prices are descending rapidly in Vancouver"

https://www.straight.com/news/1176056/d ... -vancouver