#vanre “Mr. Zhou testified that Mr. Li told him that he was purchasing property and he did not want to pay the 15% foreign buyer’s tax.He said he needed Mr. Fu to help him so he would be spared paying the tax. He said Mr. Fu has a permanent resident card”

#vanre “With steep foreign buyer taxes and high prices in Vancouver and Toronto, we have seen an increasing number of Chinese buyers shift to other cities in Canada. In Halifax, enquiries surged an eye-popping 394 per cent. Calgary saw a 234.4% climb.”

#vanre "'But are we going to move ahead with affordability for housing? Yes, we are.' @carolejames. Poll shows 7 of 10 people like both the speculation & the vacancy tax including more than half of respondents identifying themselves as B.C. Liberal voters"

#vanre Sotheby's Spin: "However, Henderson said Sotheby’s staff have noted more buyer interest at open houses, and there’s strong signals that buyers and sellers who have been waiting on the sidelines will re-enter the market in the spring"

#vanre "Vancouver’s 'previously resilient condo market' experienced the greatest decline in sales activity of properties over $1 million with 86 units sold — down 66 per cent from 254 units sold in January and February 2018."

#cdnpoli #vanre #bcpoli @JustinTrudeau taking a reelection trick from the bag of the B.C. Liberals and Christy Clark. "Looking to cash in on Justin Trudeau’s latest budget? Call a Montreal realtor."

#vanre One of these markets doesn't have a Foreign Buyer Tax.... "Luxury home sales fell in the two formerly hot housing markets of Vancouver and Toronto. Montreal, on the other hand, is on pace to set new record in the spring, Sotheby’s said."

#vanre Same ole Sotheby's spin: "after more than a year of declining sales & falling values, Henderson said 'we feel there has been enough correction' in the market & guesses that there is 'much more of a meeting of the minds” between buyers and sellers'"

#vanre #bcpoli ⁦@mario_canseco⁩ “Earlier this month, when Research Co. asked if they agree or disagree with the policy, the results were also satisfactory. More than two-thirds of British Columbians (68%) say they agree with the speculation tax.”

#vanre ⁦@Goldiein604⁩ “Non-resident owners played a part in 19.2 per cent of Vancouver condos built between 2016 and 2017. In other words, almost 20 per cent of condos built that year had at least one non-resident on title.” ⁦@Ayan604⁩