#vanre @Aaron_GlobalBC @simonplittle "The company recently crunched regional data for 2019 and found a 60-per cent drop in new condo and townhouse units coming to market. Looking at highrise construction only, the dip was even steeper: 76 per cent." globalnews.ca/news/6611…

#vanre #sold pic.twitter.com/uryxi8R…

#vanre "immigrant investors continued to come to B.C., via Quebec. Investor-class immigrants reported less income than refugees ... Immigrants such as Wang, who use money earned oversees, have affected housing costs, decoupling them from local incomes" www.vancouverisawesome.…

#vanre "Despite having nearly the highest housing costs in Canada, Richmond’s median total household income is only $65,241 ... When the data was released in 2017, urban planner @Ayan604 told the figures were likely skewed due to underreporting of income." www.vancouverisawesome.…

#vanre “this crazy, almost uncontrolled redevelopment knocking down all the houses ... The people who are buying them, and I hate to say this, they are Asian and they don’t shop here. So there’s a change in the demographics and how this area works.” www.vancourier.com/news…