Category Archives: Front Page

Homes sell for well below asking as Metro Vancouver market slumps

By Amy Chen Homes are selling in Metro Vancouver for up to 20% below asking as the housing market continues to tumble, according real estate sales data. ThinkPol analysed a random sample of 54 detached house sales in Vancouver, West

Judy Graves vows to slap 50% Flipping Levy on Vancouver real estate speculators

By Amy Chen A former homeless advocate running for a council seat in Vancouver has pledged to slap a 50% Flipping Levy on real estate speculators on the city. The Flipping Levy is just one of the measures announced by

Investors dumping Metro Vancouver homes at a loss as bubble bursts

By Amy Chen Investors who bought homes in Metro Vancouver last year at the height of the bubble are dumping them at a loss to flee the market in a hurry as prices continues to tumble, recent sales listings show.

Christy Clark’s BC Liberals overpaid favoured donor $572 million to build bridge

By Amy Chen The former BC Liberal government under Christy Clark overpaid party donor Kiewit/Flatiron General Partnership more than half a billion dollars for the Port Mann Bridge project, documents reveal. While bridge was to be built under a fixed-price

Investors dumping Metro Vancouver homes at cost as prices plummet

By Amy Chen Investors who bought real estate in Metro Vancouver last year at the peak are dumping them at cost to bail from the market in a hurry as prices continues to tumble, recent property listings show. The dumping

Vancouver home being flipped for 25% profit a month after being bought

By Amy Chen A Vancouver property developer is attempting to a flip a home for 25% profit a mere month after buying it. Georges Mavroidis of Vancity Development Group Corporation bought the 2167 sq. ft. single family home at 3107

West Vancouver house prices stumble as Beijing hails currency crackdown a success

By Amy Chen West Vancouver house prices fell in August as China’s government declared its crackdown on illegal foreign currency outflow a success. Metro Vancouver’s most expensive community’s benchmark price dropped by 4.8% overall to $1,346,400 compared to August 2016[1]REBGV

Looking for below minimum wage domestic servant? There’s a govt funded app for that

Amy Chen A platform funded by both the federal government and Province of British Columbia is helping busy families find nannies, babysitters, house cleaners and other domestic helpers who are willing to work for less than minimum wage. Founded by

BC Green Leader accused of selling out to corporations and promoting exploitation economy over plans to legalize Uber

By Amy Chen By pushing to legalize ride sharing in British Columbia, Green party Leader Andrew Weaver is selling out to large unethical corporations like Uber, which exploit workers by flouting industry regulations and paying drivers less than minimum wage,

Scheer silent as Canadian leaders condemn Charlottesville attack

By Amy Chen Conservative Party leader Andrew Scheer has so far failed to condemn the attack in Charlottesville, where a suspected white supremacists rammed a car into a crowd holding a counterprotest against a neonazi rally killing one person and

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