4 ms·
they've slashed immigration, so I guess we'll find out. BC is also going to tax any sales after less than 2 years of ownership; I'm doubtful this will increase
by dowager_dan99 2y ago
they've slashed immigration, so I guess we'll find out. BC is also going to tax any sales after less than 2 years of ownership; I'm doubtful this will increase affordability or supply, but it will essentially kill the economic model of renovation & flipping.
- tandr 2y agoI don't think it will kill "reno and flip" market. It will become "reno and rent-to-buy later", or "reno, hold and sell".