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Christy Clark, the premier of BC, is considering getting rid of the 15% foreign buyers tax already and has proposed or implemented initiatives to bolster the RE
by elmalto 10y ago
Christy Clark, the premier of BC, is considering getting rid of the 15% foreign buyers tax already and has proposed or implemented initiatives to bolster the RE market again. She and the mayor of Vancouver are said to have great ties to the RE industry. She needs to address the problem (elections are coming up) but doesn't want to anger her biggest donors (elections are coming up). One of the things she just did is implement interest free loans for 5 years for new home owners
- wattt 10y agoThe BC Liberal goverment has been in power too long, but people really like to play Real Estate Casino so the legacy lives on for now.