As the first of its kind, the Vancouver Empty Homes Tax (“EHT”) is now into its third year. The rationale for this draconian tax by… Read More »Vancouver’s Empty Homes Tax – Is it working?
EVERYONE should buy a home as soon as they are able to. Long term, the property value goes up, the mortgage gets paid off and… Read More »Quick Tips: Should I buy or rent my home?
SFU finance professor, Andrey Pavlov’s recent op-ed in the Sun newspaper points out yet more flaws in the dreadfully drafted Speculation Tax. Here is another… Read More »Rental restriction by-laws and the BC Speculation Tax
* this is a brief commentary on the topic of BC’s newly proposed property registry. For more information, contact our office. How does owning a… Read More »BC’s New Property Registry 2019: A good idea?
On November 27, 2018, the speculation tax was passed in B.C. to, in the government’s words “target speculators who own residences in B.C. but don’t… Read More »The Speculation and Vacancy Tax – What the government isn’t saying
The BC government is announcing the creation what appears to be yet another make work project to create needless government jobs (doubtless for NDP supporters).… Read More »Canada’s first pre-sale register to crack down on flipping
This article suggests 5 things that the government could do to help housing affordability. 1. Longer amortizations are a good idea. They help buyers get… Read More »5 Ways the Government could Help with Housing Affordability in Vancouver BC
The short answer: YES! It has long been established that even where there is no contractual relationship, a real estate agent owes a duty to… Read More »Do Listing Agents Owe a Duty of Care to Prospective Buyers?
Those are the $64,000 questions which occupy the top of the charts these days. For the past 10 years foreign money has poured in to… Read More »Why are Metro Vancouver housing prices falling? When will this trend end?
A recent case in the B.C. Supreme Court, JBP Developments Ltd. v. Li, 2018 B.C.S.C. 209 provides a lesson to all realtors to take greater… Read More »A $6,500,000 sale goes up in smoke due to poor drafting!