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Monday, January 19, 2015

Flip flop: Sky-high house prices cripple an industry

If reality TV shows were any guide, with a little elbow grease and some spare cash, a property flip can generate a tidy profit. But is it such a great idea in unaffordable Vancouver?
http://www.theglobeandmail.com/life/home-and-garden/real-estate/flip-flop-with-prices-sky-high-its-hard-for-renovators-to-make-a-profit/article22066282/


Photo courtesy of TOURISM VANCOUVER

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