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Who Controls The Price Of Real Estate In Vancouver? With Steve Saretsky
Description
2020 has really shown how much power the policy makers have on controlling real estate prices in Canada, and particularly, Vancouver. From mortgage deferrals, lowered interest rates, increasing access to credit and easing of the stress test, these changes have fuelled a double digit annual gain in real estate prices - all while during a recession and pandemic. Looking beyond just this year, we explore zoning, building permit applications, rental restrictions, taxes and other vital factors that impact the pricing of Vancouver Real Estate. With special guest Steve Saretsky.
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