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The Current State of the Vancouver Market

Last week I did an interview with a large US publication based in NYC. We discussed many topics regarding the current state of the Vancouver market including: - Why I seldom give interviews with the Vancouver media.. they are way too pessimistic and I’m a positive guy. Sure there are problems I would love to see fixed in this market but all the local media wants to talk about is the problems and never about the long term advantages of simply buying and holding your principal residence but that’s too easy and too boring for most of these local writers. - Are the current tax measures and mortgage tightening really going to solve the affordability problem in the long term or are they simply temporary fixes to slow the market down for a few years. - How desire to live in a city like Vancouver is only going to get stronger over the next 20 years. - The perils of trying to time a market correction. - My Golden rule of buying RE. Never buy a home unless you can afford to keep it a minimum of 8 to 10 Years. If you can’t then stay renting. Hope you enjoy it.


This entry was posted on July 17th, 2018 by Owen Bigland | Posted in Video Blog

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The Current State of the Vancouver Market

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Owen Bigland
Macdonald Realty Westmar
203-5188 Westminster Hwy
Richmond V7C 5S7
: 604 889-1118
: owen@owenbigland.com

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