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Vacancy solution for Vancouver? Tear down old rental buildings

More rentals needed: Vancouver's rental market paradox — too many buildings, too few units By Salma Nurmohamed, CBC News In the rules of Vancouver real estate, there's an unofficial 11th commandment when it comes to rental buildings, says analyst David Goodman. ...
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Housing affordability crunch keeping millennials at home longer

By Paula Baker, Online News Producer, Global News In an attempt to offset the affordability crunch, many millennials are making trade-offs to afford life in Metro Vancouver. In this case, the trade-off is living at home with mom and dad. According to a new Vanci...
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How should Vancouver promote affordable housing? 'You build more'

By Brian Morton, The Province Reliance Properties president and CEO Jon Stovell on Thursday was named chair of the Urban Development Institute (Pacific Region), a national association of the development industry with over 650 corporate members. Stovell, whose co...
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'Crazy' real estate bidding wars infect the suburbs

Frustrated Toronto and Vancouver buyers invade nearby regions, sparking bidding wars By Laura MacNaughton, CBC News After six months of searching and 18 failed offers, Kate Stoodley and her husband Neil have finally purchased their first home. "Roller-coaste...
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B.C. housing minister foreshadows legal crackdown on bad landlords

By Rob Shaw, The Vancouver Sun Victoria – Housing Minister Rich Coleman says he’s working on legal changes that could give new powers to government to investigate and fine bad landlords and tenants. Coleman said his ministry is preparing ways to change the Resid...
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Industrial land in Metro Vancouver shrinking, says report

Metro Vancouver board chair says cities may need to mix industrial and residential land use By Maryse Zeidler, CBC News Metro Vancouver is losing job-creating industrial land throughout the region, says a new report being presented at a regional board meeting on...
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Kelowna rental vacancies low, but boom of new homes coming

Planner says it could be several years before new projects help with low vacancy rate By CBC News A report from City of Kelowna staff shows a boom in residential construction in the city, but it might be years before that boom impacts low vacancy rates for rente...