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ThinkPol

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Economy

Pre-sale buyers sue cancelled Cambie condo developer

By ThinkPol Staff Pre-sale purchasers of a cancelled Cambie Street corridor condo project have filed a lawsuit against its developer accusing the company of abandoning the development to extract a higher profit from the “sharp rise” in land values in…

Economy

More than 1 in 3 Yaletown condo sales appear to be flips

By ThinkPol Staff More than a third of all condos currently listed for sale in Vancouver’s Yaletown neighbourhood appear to be attempts at flipping by speculators. ThinkPol analyzed all 128 of the currently available MLS listings for condominiums in Yaletown…

Economy

1 in 4 Vancouver Westside home sales appear to be flips

By ThinkPol Staff More than a quarter of homes currently listed for sale in Vancouver’s most expensive neighbourhood appear to be attempts at flipping by speculators. After receiving a tip off from an industry insider, ThinkPol analyzed all 525 currently…

Economy

Increasing supply in a housing bubble linked to a bigger crash

By ThinkPol Staff The BC government has promised to tackle the housing affordability crisis in Metro Vancouver by “aggressively” increasing supply. A new study coming out of Princeton suggests that the NDP government may want to reconsider that strategy. In…