Latest / The Flow: Real Estate and Money Show
$1.4 BILLION cut from housing: 2026 BC Budget just BROKE the market
BC’s Feb 17, 2026 budget cuts $1.4B from housing over three years and shuts the Community Housing Fund indefinitely, while adding several tax/cost changes that make building harder. Alex says this will reduce new supply, risking a construction drought and much higher prices later, with BCREA warning up to +27% by 2032. One bright spot: a bigger PTT exemption for purpose-built rentals.
The skinny
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