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Some Kelowna investors want out of short-term rental game as new legislation looms

Some Kelowna investors want out of short-term rental game as new legislation looms

鈥淭here鈥檚 definitely some people talking about getting out ahead of it and getting out of the short-term rental and selling their property. But we haven鈥檛, as of yet, seen a massive flood of it.鈥�
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Three in four Canadians say higher immigration is worsening housing crisis: poll

Three in four Canadians say higher immigration is worsening housing crisis: poll

Nearly two-thirds of respondents said the volume of newcomers is also adding pressure to the country's education systems.
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Metro Vancouver developers delaying real estate projects amid higher rates, escalating costs

Metro Vancouver developers delaying real estate projects amid higher rates, escalating costs

Largest developers 鈥榩lugging away鈥� but leaning on programs, pausing some activity
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Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Meanwhile, economist forecasts no rate cuts coming until mid-2024
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Trial begins over cancelled Richmond condo presale contracts

Trial begins over cancelled Richmond condo presale contracts

One of the 37 plaintiffs in the breach of contract trial testified Monday she "lost a lot of sleep" after the 2019 cancellation.
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Cities call for infrastructure funding to build homes, fiscal update sparks dismay

Cities call for infrastructure funding to build homes, fiscal update sparks dismay

OTTAWA 鈥� The federal government's fiscal update has sparked disappointment among many who were hoping for big action on housing, including municipal leaders.
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Densification push threatens to squeeze out small businesses

Densification push threatens to squeeze out small businesses

Land rush, tax crush expected as new measures clarify entitlements
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Comment: Short-term rental ban will cost hundreds of millions of dollars

Comment: Short-term rental ban will cost hundreds of millions of dollars

The province鈥檚 Short-Term Rental Accommodations Act, passed a mere 10 days after being introduced, should have been called the Hotel Monopoly Act.
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B.C's speculation tax on homes expands by 13 new municipalities

B.C's speculation tax on homes expands by 13 new municipalities

VICTORIA 鈥� British Columbia's New Democrat government is expanding one of its first measures to combat the housing crisis to include 13 more communities.
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One-third of Metro Vancouver renters could be impacted by province鈥檚 transit development plans: research

One-third of Metro Vancouver renters could be impacted by province鈥檚 transit development plans: research

sa国际传媒鈥檚 transit-oriented development legislation aims to deliver 100K new housing units over the next 10 years.
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