Podcast
Questions and Answers
What was one of the outcomes of the financial crisis in 2008?
What was one of the outcomes of the financial crisis in 2008?
- Increased federal control over housing policy
- High interest rates
- Decreased housing prices
- Low interest rates (correct)
Why did the exponential population growth create a need for housing?
Why did the exponential population growth create a need for housing?
- Increased government control over housing policy
- Decreased housing prices
- Lower interest rates
- Limited housing supply (correct)
What is the housing bubble primarily caused by?
What is the housing bubble primarily caused by?
- Government intervention in housing policy
- Increase in housing prices at an unattainable rate (correct)
- Decrease in demand for property ownership
- Low interest rates
What impact did low interest rates and easy accessibility to loans have on property ownership before the crash?
What impact did low interest rates and easy accessibility to loans have on property ownership before the crash?
Why has British Columbia been noted as one of the most difficult areas in the world to rent and own property?
Why has British Columbia been noted as one of the most difficult areas in the world to rent and own property?
Which city in British Columbia is considered the most unaffordable place to buy a house in all of Canada?
Which city in British Columbia is considered the most unaffordable place to buy a house in all of Canada?
What is the main goal of BC Builds initiative?
What is the main goal of BC Builds initiative?
When will the House Flipping Tax be implemented?
When will the House Flipping Tax be implemented?
Which group of people are exempt from the Foreign Buyers Ban?
Which group of people are exempt from the Foreign Buyers Ban?
What is the purpose of B.C.'s Short-Term Rental Accommodations Act?
What is the purpose of B.C.'s Short-Term Rental Accommodations Act?
How much of the House Flipping Tax revenue will be allocated back into affordable housing?
How much of the House Flipping Tax revenue will be allocated back into affordable housing?
Which listings are included in B.C.'s Short-Term Rental Accommodations Act?
Which listings are included in B.C.'s Short-Term Rental Accommodations Act?
