The B.C. government’s property-transfer tax has become a growing burden for buyers in the Vancouver region’s housing market over the past 27 years. The province introduced the PTT as a way to generate revenue, especially targeting the upper crust of B.C. house purchasers.
http://www.theglobeandmail.com/report-on-business/economy/housing/the-real-estate-beat/ancient-property-transfer-tax-gives-vancouver-buyers-the-creeps/article21180431/?utm_source=digg
Click on the banner to see this month's Macrealty Real Estate Market Update
Click on the banner to search Macdonald Realty listings
Photo courtesy of TOURISM VANCOUVER
Photo courtesy of TOURISM RICHMOND
Photo courtesy of CITY OF BURNABY
Photo courtesy of TOURISM NEW WESTMINSTER
Photo courtesy of CITY OF SURREY