B.C. government expects sagging Metro real estate market to cut tax revenues

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 61%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

A slew of B.C. provincial taxes have curbed demand, sales and prices in Vancouver’s once red-hot real estate market, but a softer market also means a drop in home sale taxes the province will…

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They'll fix that by raising taxes

Fantastic 😎👍🏻

Yet NDP blunders ahead with the speculation tax.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Can government fix Metro Vancouver's housing affordability crisis?Housing Matters host Stuart McNish goes in depth with government officials on how different levels of government can impact Metro Vancouver’s housing affordability crisis. It is impossible to solve HOUSING CRISIS where LAND is not manufactured but sold with BLACK MARKET prices. CROOKS must be brought to JUSTICE. ICBC CRIME
Source: VancouverSun - 🏆 49. / 61 Read more »

New numbers paint bleak picture of Metro Van housing marketSales and prices are continuing to plummet, according to the latest Metro Vancouver real estate report. About time! Natural result of being under a liberal/socialist regime. Those new taxes on real estate are a killer! Now we know that that same group of people not only demaged our real estate market but also present great national security threat.
Source: CTVNews - 🏆 1. / 99 Read more »

Five examples of Metro Vancouver homeowners losing big in a plunging marketHere’s a look at five examples highlighted on Twitter of homes in Vancouver and West Vancouver where the owners took a bath, or are at least one foot away from a nasty fiscal scolding. Most of these are not “homeowners”. They are flippers. Media is starting to really turn on flippers and VANRE which means it's finally time to get on with the crash. You would never see this on the MSM, the fine gory details. What gives ?
Source: VancouverSun - 🏆 49. / 61 Read more »

Five examples of Metro Vancouver homeowners losing big in a plunging marketHere’s a look at five examples highlighted on Twitter of homes in Vancouver and West Vancouver where the owners took a bath, or are at least one foot away from a nasty fiscal scolding. It's going to get ugly is in the valley & the outer economic rings. When liquidity leaves it makes those markets ^illiquid. Example seller, suddenly Sally lowers her price then you have to, someone else down the street or in you condo project drops their price (it spirals down).
Source: VancouverSun - 🏆 49. / 61 Read more »