I believe the veneer is cracking. It won't be long.....
RE: Ghost Collateral, Shadow Banking & Vancouver Real Estate
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Ghost Collateral, Shadow Banking & Vancouver Real Estate
Ghost Collateral, Shadow Banking & Vancouver Real Estate
I believe the veneer is cracking. It won't be long.....
I think so too. That 15% tax on empty houses kicks in in 2 months. Already there is a huge buying spree in places that are valued at over 1,000,000 that have people living on them like RV parks and apartment buildings that are outside of Vancouver.
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