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All posts by Freddy Marks

Speculation tax a failure, critics contend

B.C. tax on vacant homes raised $88 million in 2019 but did little to reduce home prices or improve rental affordability, housing experts say Andrew Duffy Times Colonist and WI Staff Western InvestorJanuary 12, 2021 While popular  – and profitable for the provincial government – B.C.’s two-year old speculation tax and vacancy tax has not met its […]

Northern B.C. home sales rise to record levels in Q3

Housing sales in northern B.C. hit the second-highest level on record in the third quarter, but data also reveals reasons for concern By Frank O’Brien Western InvestorOctober 9, 2020 Residential sales across northern B.C. reached near all-time records in the third quarter but concerns are rising about market sustainability if the COVID-19 pandemic persists. “The third […]

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