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Wednesday, October 29, 2014

Ancient property-transfer tax adds another burden for Vancouver buyers

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


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