Tuesday, March 8, 2016

City of Vancouver releases empty homes report, which fails to explain skyrocketing real estate prices

About five per cent of homes in Vancouver are not occupied, according to a new city report. But there appears to be no correlation between skyrocketing home prices and the city’s non-occupancy rate, which has been mostly flat since 2012, said Bruce Townson, the chief executive officer of Ecotagious Inc., a software company hired by the city last year to analyze electricity consumption.

from http://www.vancouversun.com/business/affordability/city+vancouver+releases+empty+homes+report+which/11770403/story.html

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