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B.C. budget tackles lack of affordability in housing market

VICTORIA — British Columbia introduced tax changes in its provincial budget Tuesday to help buyers and builders of new homes valued up to $750,000, while targeting people able to afford properties priced above $2 million. Housing policy experts and the NDP panned the tax measures as inadequate, saying bolder action was needed to help young […]

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Canada : Get a grip on Vancouver’s housing market

There is not an issue facing Metro Vancouver more multifaceted and complex than the cost of housing, a fact vividly illustrated by the current debate enveloping the topic here. Recently, the mayor of Vancouver appealed to the province to introduce tax measures aimed at cooling off a red-hot real estate market, which has become increasingly […]