Latest / The Flow: Real Estate and Money Show
More Real Estate Restrictions From the BC Government - E23
In today's episode of The Flow, Alex McFadyen discusses the impact of the changes brought by the BC NDP's 2024 Budget, specifically its impact on the B.C. Real Estate Market. It sheds light on the introduction of the anti-flipping tax and changes to the property transfer tax. Alex praises the property transfer tax exemption for first time buyers and new build properties but criticizes the anti-flipping tax. Being involved in the day-to-day of the real estate market, Alex views the anti-flipping tax as a political move by Premier David Eby (especially considering 2024 is an election year)…
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