Property in Vancouver has become a top “global asset class,” vastly outperforming stock markets, crude oil and other commodities. As a result, Vancouver residents should not expect pressure to ease, either on real estate affordability or urban densification, as housing increasingly is recognized as a smart investment. And as Metro Vancouver becomes a magnet for people from China and India.
from http://www.vancouversun.com/opinion/columnists/barbara+yaffe+vancouver+housing+market+needs+grow/11677794/story.html
Tuesday, January 26, 2016
Barbara Yaffe: Vancouver’s housing market needs to ‘grow up’
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