Category Archives: Housing
Single investor bought up 10 out of 91 townhouses as presales in Richmond project using numbered companies, court case reveals
By ThinkPol Staff A single investor, using numbered companies, bought up 10 out of the 91 townhouses as presales at a development project in Richmond, BC, according to a recently concluded BC Supreme Court case. In 1042056 B.C. Ltd. v.
Housing First helps homeless people with mental illness, addiction, Canadian studies confirm
By Marina Wang Studies published over the past year have found the Housing First strategy to be effective across age groups, as well as for persons with substance use disorders and mental illness. The Housing First strategy, first developed in
Most Vancouver houses sold below assessed in last three months
By ThinkPol Staff Just over half of all Metro Vancouver single family homes sold for below assessment, MLS sales data for the last three months show. And industry insider provided ThinkPol the sales data for Vancouver, Richmond, West Vancouver and
Vancouver investor buying up properties to run illegal Airbnb hotels
By ThinkPol Staff A Vancouver-based real estate investor is buying up properties in the city and turning them into illegal Airbnb hotels, even as the city grapples with a worsening housing crisis. An internet detective uncovered how the woman, who
Vancouverites urged to occupy Airbnb units and demand tenancy rights
By ThinkPol Staff Citing lack of action by the City of Vancouver in cracking down on illegal short term rental in the city, housing rights activists are urging Vancouverites to take matters into their own hands by occupying Airbnb units
West Vancouver mansion-owning satellite family to be deported after judge dismisses review
By ThinkPol Staff A so-called “satellite family” from China involved in immigration fraud, who bought a multimillion dollar mansion in West Vancouver after immigrating to Canada through the Quebec investor program, are to be deported after a judge threw out
Anger over “overseas owner” flipping empty condo in Vancouver
By ThinkPol Staff A leaked realtor’s view of an “overseas owner” flipping their empty condo in Vancouver is being met with anger by Vancouverites. “OWNER IS OVERSEAS. ALL OFFERS PLEASE ALLOW 48 HOURS TO RESPOND.” the realtor’s notes section in
Asking home prices fall by double digits in Metro Vancouver as BC budget begins to bite
By ThinkPol Staff Asking prices for homes in Metro Vancouver are falling ‒ in one case by as much as 73% ‒ suggesting that budget measures announced by the NDP government to promote affordable housing by tackling rampant crime, corruption
Thousands expected at Vancouver housing rally today
By ThinkPol Staff Thousands of Vancouverites are preparing to brave freezing temperatures to join the affordable housing rally this afternoon in downtown Vancouver, to pressure British Columbia’s NDP government into taking action two days before Premier John Horgan and Finance
Richmond realtor helps daughter make $205,000 profit through misconduct, receives $5,000 fine
By ThinkPol Staff A Richmond, BC realtor who helped her daughter make a $205,000 profit flipping a house obtained while committing professional misconduct has been fined $5,000 and will face no licence suspension. The Real Estate Council of BC found
