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Thursday, June 16, 2016

Vancouver parents buy property for young children to secure a future foothold

The bank of mom and dad has skipped a generation, with parents now buying houses or condos for their school-aged children or grandchildren. Nervous upper-middle-class homeowners are hoping that the strategy will help younger generations gain a foothold in Vancouver.
https://www.biv.com/article/2016/6/vancouver-parents-buy-property-young-children-secu


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