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In BC, Canada we laugh at your measly 12.7% and raise you a ~18% [0] for a total of +31.4% 2015aug-2016aug. Yes, you read that right. It's funny how this artic
by RandyRanderson 10y ago
In BC, Canada we laugh at your measly 12.7% and raise you a ~18% [0] for a total of +31.4% 2015aug-2016aug. Yes, you read that right.
It's funny how this article's impression is "prices are returning to normal" when in fact the government's new token rules haven't had a chance to take effect and certainly haven't had time to be analyzed.
Sadly, these new rules are just for show (an election is nearing here) and until effective reforms are put in place the bubble will continue to rise.
[0] http://www.cbc.ca/news/canada/british-columbia/26-slump-in-vancouver-real-estate-sales-called-a-return-to-historically-normal-levels-1.3745825?kkk http://www.cbc.ca/news/canada/british-columbia/26-slump-in-v...