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By DANIEL FONTAINE

 

If you’ve lived in Metro Vancouver for any length of time, the topic of housing affordability has likely come up at the dinner table. With the average price of a Vancouver home pegged at more than $1 million, it’s fairly obvious why this issue has captured our attention.

This week, Vancouver City Hall released yet another report on how to increase housing affordability in one of the most expensive places to live on Earth. While the task force should be commended for its efforts, I note the report had one glaring omission.

It failed to address B.C.’s Strata Property Act and how it manages to discourage affordable rental units from entering the market.

Section 141 of the act allows a strata council to...

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Check out more reports from us at http://thethorntongroup.ca/reports.html

7 Things to Look for in a New Neighbourhood



Whether seeking solace, activity, schools, churches, or green space, every homebuyer looks for a different combination of attributes in a new community.  Choosing a neighbourhood that suits your needs and wants is one of the most important decisions you’ll make in the home-buying process; your choice of environment will affect the way you experience your new home.  This is a very personal decision, influenced by countless unique factors colouring your own lives, but you should always keep the following in mind:

 

  1. If you’re considering buying a home in a community that is unfamiliar to you, get to...
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Check out more reports from us at http://thethorntongroup.ca/reports.html

Second Time’s a Charm!:  Sell the House that Didn’t Sell

 

 

Don’t get discouraged if your property hasn’t sold during its first appearance on the market.  Your home may actually have been one of the most appealing listings of its kind—and the reasons it didn’t sell may have nothing to do with the property itself or the market.  Rather, a number of separate factors may have influenced the outcome.  Take a step back, break your original selling method into parts, and allow yourself time to evaluate each one.  Make a commitment.  Establish a new approach.  Stick to it.  A reassessment...

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