Tag Archives: vanre

Metro Vancouver condo prices plunge in April as COVID-19 pummels struggling market

Metro Vancouver condo prices tumbled again in April 2020 as the economic meltdown caused by the COVID-19 pandemic kicked in the teeth a market already reeling from the insurance crisis. The OpenHousing House Price Index for condo properties – calculated

Vancouver realtor declared only fraction of income on tax return, divorce case reveals

A Vancouver realtor may have made nearly a million dollars in some years while declaring poverty-level incomes on his tax returns, a divorce case has revealed. Lan Zhao is suing Jianping Zhou in BC Supreme Court to ask for more

Vancouver Airbnb host turns COVID-19 pandemic into opportunity

One Vancouver Airbnb host is turning COVID-19 coronavirus pandemic into an opportunity even as other short term rental operators are scrambling to stay afloat amid mounting cancellations. Cammy Wang is marketing her Airbnb listing at 6950 Yew Street as a

Most Vancouver houses sold below assessment in May

By ThinkPol Staff The number of Vancouver detached houses selling below assessed value in May outnumbered those selling for more, with some going as low as 32% below, making it the fourth month in row that a majority of Vancouver

On the Fringes: Surrey’s Affordability Defence Strategy

By Drew Penner The general wisdom on a place like Surrey is that it has escaped the worst ravages of Airbnb ascendancy, maintaining its identity as a place Canadians new and old can go to make serious strides towards financial

“Vancouver’s becoming a safety deposit box for the global rich!” – developer seeking billions in tax dollars for affordable housing pitches city’s “hot real estate” to buyers in China

By ThinkPol Staff with files from Lisa Tanh “Vancouver is becoming a safe deposit for the global rich!” Those are the words[1]Original: http://www.westbankcorp.cn/media/141.html Archive:http://archive.is/jdxTy used to promote Vancouver real estate in China by luxury real estate developer Westbank, whose owner

Dilapidated homes, leaky condos and crumbling mansions: Skilled trades shortage paints a bleak picture in Vancouver

By Lisa Tanh A local tradesman is struggling to find help maintaining “normal family homes” because of Metro Vancouver’s extreme skilled trades shortage. Breton Crellin, who has been working in construction for over a decade, said he’s constantly being flagged

Vancouver homeseller boasts of making $92,500 from Airbnb last year

By ThinkPol Staff A Vancouver home where the seller boasted of making $92,500 from Airbnb last year has sold for the asking price. “Owner on main, top and bottom run as AIRBNB $92,500 in 2017. Can be purchased with AIRBNB

BC Liberals unhappy that speculation tax targets British Columbia’s 1% wealthy enough to own multiple homes

By ThinkPol Staff The BC Liberals are criticizing the speculation tax recently introduced by the province’s Green-backed NDP government because it affects the one percent of British Columbians wealthy enough to own two or more homes. “I think the minister

Vigilante retaliates against realtors who took full-page ad inciting wealthy homeowners to crash Eby’s town hall

By ThinkPol Staff The Vancouver realtors who incited mobs to crash a popular elected official’s event is about to get a taste of their own medicine. The major Vancouver real estate brokerage Sutton West Coast took out an ad last week