Click on the banner to see this month's Macrealty Real Estate Market Update

Click on the banner to search Macdonald Realty listings

Saturday, August 27, 2016

Vancouver’s new foreign-buyer tax: Beware of unintended consequences

Whether or not Vancouver housing prices fall – or their increase moderates – as a result of this tax depends on a host of factors. There are many different possible reactions by foreign buyers. http://www.theglobeandmail.com/report-on-business/rob-commentary/vancouvers-new-foreign-buyer-tax-beware-of-unintended-consequences/article31347447


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