Quote:
Originally Posted by hillbillyreefer
A 1% increase in property taxes isn’t going to discourage anything. Property values in Vancouver are increasing at 15-20% per year, even adding the tax the ROI is staggering. This isn’t the kind of market even little guys can get in on and make a few bucks, but in true Canadian fashion the opportunity needs to be destroyed.  |
I beg to differ. Single Family Home prices in Vancouver have been dropping for most of this year. However condo prices have increased.
Recent Sale Report.
This one is so fresh zolo hasn’t updated it yet.
3912 Napier St. Burnaby.
Originally asking 1.49 then 1.44 then 1.39
Sold for 1.34
Tax assessment 1.55
Drip ,drip on the wood chip…
https://www.zolo.ca/burnaby-real-est...-napier-street
PB43
