Category Archives: Housing
Realtor boasts of entire triplex being run as Airbnb
By ThinkPol Staff A realtor listing an East Vancouver triplex for sale is boasting that the entire property is being run as an Airbnb hotel, which is a violation of Vancouver bylaws. An industry insider sent ThinkPol the Multiple Listing
Realtor blames typo for 6x attempted flip, claims markup is only 100%
On Sunday, ThinkPol published a story about how a real estate speculator is apparently attempting to sell for $15 million a Coquitlam property they bought for $2.6 million less than a year ago. Now, the realtor listing the property is blaming
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
Condon: Govt should supply housing for up to 40 percent of Vancouver wage earners
By Patrick Condon, Professor of Urban Design, UBC I am now of the mind that since the real estate market has been effectively globalized, and since the global market for real estate is also distorted by black money seeking a
Flipper attempts 100% profit within a year on Coquitlam property
By ThinkPol Staff Update: Realtor blames typo for 6x attempted flip, claims markup is only 100% A real estate speculator is attempting to sell for $15 million a Coquitlam, BC property they bought for $7.1 million less than a year
Neighbour finds ‘Vancouver special’ turned into commercial Airbnb hotel
By Lisa Tanh An East Vancouver resident has discovered a ‘Vancouver special’ in her neighbourhood that has been turned into a commercial Airbnb hotel. Ulrike Rodrigues, who lives in the Mount Pleasant area, said a nearby Vancouver special “went through
Vancouver to curb “fierce” demand by local and foreign housing speculators
By Lisa Tanh The practice of purchasing property to turn a profit was a main concern for several city councillors during the Housing Vancouver Strategy presentation. Speculative investment, the purchase of property based on anticipated price growth, has the biggest
Head of neighbourhood coalition opposing Vancouver housing strategy accused of running illegal Airbnb
By ThinkPol Staff The head of a coalition of Vancouver neighbourhood groups opposing City of Vancouver’s recently unveiled housing strategy stands accused of running an illegal Airbnb operation. The City of Vancouver’s Housing Vancouver report[1]http://council.vancouver.ca/20171128/documents/rr1.pdf outlines a strategy for densifying
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
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