Dr Sam Mehrbod’s Blog

The new home-flipping tax in Vancouver aims to discourage quick flips and make housing more accessible by reducing competition from investors.Real Estate experts see the tax as a positive step for the market, potentially leading to more balanced market conditions. The tax exempts situations like job relocation and certain family situations, acknowledging that not all…

Budget for closing costs, typically 1.5% to 2% of purchase price. Submit a deposit, usually 2% to 5% of the home's purchase price.

Despite shrinking household sizes and rising prices, lot sizes haven't adjusted, leading to an excess of empty bedrooms in single-family homes.Three principles are proposed to prompt cities to address housing affordability and urban challenges proactively.

A new state law requires Vancouver to allow duplexes, fourplexes, and sometimes sixplexes in single-family home neighborhoods. The law aims to increase housing supply, overriding zoning laws to allow for more diverse housing options. Vancouver will work on implementing standards for these new housing options. Continue to full article