Let's Talk Strata Insurance Update
Posted on Jul 07, 2020
British Columbia's strata owners have been sitting in fear for the past several months or longer, dreading the day their strata insurance is up for renewal. Insurance companies have a monopoly and it would seem they are taking advantage.
Horror stories include deductibles rising from $50,000 to as high at $650,000. Policies rising as much as 400...
Horror stories include deductibles rising from $50,000 to as high at $650,000. Policies rising as much as 400...
Let's Talk Strata Insurance
Posted on Mar 04, 2020
I am sure many of you have been reading a variety of headlines like, “The Condo Market is Crashing” and “Strata Insurance in Crisis.” While some of this is sensationalized to sell newspapers, there is merit. The strata insurance companies have unilaterally spiked insurance rates across the Province.
Strata owners are seeing their insurance premiums...
Review of the 2019 Vancouver Real Estate Market
Posted on Jan 15, 2020
The Vancouver Real Estate market certainly saw some interesting times this year.
For the first 6 months of 2019, in the Real Estate Board of Greater Vancouver, approx. 10,000 of the 14,500 agents had not made a single sale!
A large portion of this slow down had to do with government-imposed taxes. We saw the foreign buyers tax implemented in 2016...
For the first 6 months of 2019, in the Real Estate Board of Greater Vancouver, approx. 10,000 of the 14,500 agents had not made a single sale!
A large portion of this slow down had to do with government-imposed taxes. We saw the foreign buyers tax implemented in 2016...
Highlights from the Economic Forum Outlook 2020
Posted on Jan 14, 2020
Recently, I attended the Economic Forum Outlook for 2020, hosted by the Greater Vancouver Board of Trade. It was noted that Trade related uncertainty is at top of mind for most business’, specifically, the US – China Trade War. Even though deals have been struck, such as the new NAFTA and the China Trade agreement, the trade deficit is still large...
