Local Real Estate Networking
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply
Vancouver BC, new 15% property transfer tax
So in light of the new news of the 15% property transfer tax for foreign investors, how does everyone think this will impact the real estate market in the lower mainland? As I understand, this includes all the Metro Vancouver cities up to Abbotsford, so will this drive all the action there and other nearby cities like Victoria, Kelowna, etc? Will we see a drastic reduction in housing sales and therefore a drop in prices?
Most Popular Reply
Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
- 63,002
- Votes |
- 42,764
- Posts
Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
@Josh Evans I bet it curtails US investors or those that want a second condo etc in your fabulous city. I can see a run on Kelowna Merritt Kamloops !!!
- Jay Hinrichs
- Podcast Guest on Show #222
JLH Capital Partners