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I live in metro Vancouver. The market is stupid right now (has been for years I guess). Its fairly common for houses to sell 200-400K over asking price, with so
by lbrito 5y ago
I live in metro Vancouver. The market is stupid right now (has been for years I guess). Its fairly common for houses to sell 200-400K over asking price, with sometimes one or two dozen offers.
Also as the article says, this is just a bandaid, won't fix things.
How about ending the bizarre zoning restrictions that result in a sea of SFHs with little islands of super highrise condos around transit hubs? Maybe that would untap a huge repressed demand for missing middle housing?
- _whiteCaps_ 5y agohttps://shapeyourcity.ca/vancouver-plan https://shapeyourcity.ca/vancouver-plan They're trying to fix it, please join in the discussions and open houses... too many NIMBYs with free time available are participating.