Let's TALK BC Housing Affordability!
OUR SUM UP...
BC Housing affordability: the government says they're concerned about affordability. On a $500,000 purchase a buyer needs a minimum down payment of $25,000 to satisfy a bank. But the BC government wants an additional whopping $8,000 for property transfer tax.
Who's hurting the buyers?? Isn't the BC GOVERNMENT part of the problem? Why don't they ELIMINATE the massive cash grab that's hurting housing affordability??
Let us know your thoughts?
Here's an article to further the convo: http://business.financialpost.com/real-estate/mortgages/rpt-canada-province-readies-housing-plan-amid-affordability-crisis
The Gelderma.ca Real Estate Team
RE/MAX Aldercenter Realty
26641 Fraser Hwy, Aldergrove, BC, V4W 3L1
Office: 604-743-7653
