Lorne Goldman featured in Globe and Mail | Housing Schemes shape B.C. election debate
Vancouver’s mountain views are easily the city’s best feature, which is why city council’s recent decision to obscure views with taller towers is …
Read More Lorne Goldman featured in Globe and Mail | Vancouver’s decision to remove or alter some mountain views
Vancouver’s mountain views are easily the city’s best feature, which is why city council’s recent decision to obscure views with taller towers is …
Read More Lorne Goldman featured on CTV News: Will the B.C. flipping tax impact affordability?
The BC Real Estate Association says the incoming flipping tax won’t have much of an impact on prices, calling it more trouble than it’s worth. Lorne Goldman weighs in with his expert opinion on this matter. Watch the video here: https://bc.ctvnews.ca/video/c2881424-will-the-b-c–flipping-tax-impact-affordability-
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Globe and Mail: A busy January has Vancouver realtors bullish on the market
Lorne shares his opinion with The Globe and Mail in an article titled A busy January has Vancouver realtors bullish on the market. Long-time realtor Lorne Goldman says the west side detached house market is the barometer of B.C.’s housing market. He recently saw a property in the Arbutus Flats neighbourhood receive eight offers, listed […]
Read More Lorne Goldman Charity Draw Winner!
We are introducing something new this year! Instead of sending out a letter with a pen to our past clients, we invited them to nominate their charity of choice. We were overwhelmed by the number of entries and would like to express our gratitude to everyone who participated. A special thank you to the winner [...] Read More
Globe an Mail featured article about Lorne’s Listing
Lorne shares his opinion with The Globe and Mail for one of his recent Vancouver sales in an article titled Vancouver condo sat on the market for eight months, but sells quickly after relisting for a lower price. “It got a lot of action and it sold in the first week. It was an estate […]
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Part 3: Foreign Buyer Tax and New Amendments Explained
What is Foreign Buyer Tax? Yet Another Tax!! From Government of BC – Additional property transfer tax for foreign entities and taxable trustees In addition to the property transfer tax, if you’re a foreign national, foreign corporation or taxable trustee, you must pay the additional property transfer tax on your proportionate share of a residential […]
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Lorne Goldman featured in The Globe and Mail
Lorne shares his opinion on The Globe and Mail for one of his recent Vancouver sales in an article titled Best of four offers takes Kerrisdale two-bedroom. “Once they got rid of the rental and age restrictions, which was the No. 1 problem with these units, everybody comes out of the woodwork and wants to […]
Read More Part 2: Speculation & Vacancy Tax
What is an Underused Housing Tax? And how might this affect me as an owner of property in Point Roberts and Palm Springs.
Taxation policies are an aspect of any government’s efforts to regulate its economy. The real estate sector is no exception, as evidenced by the introduction of several taxes designed to address various concerns in this market. Underused Housing Tax, Speculation Tax, Empty Home Tax, and Foreign Buyer Tax are some of the measures implemented to manage the housing market’s affordability, availability, and foreign investment. In this blog, we will explore each of these taxes’ purposes, how they work, and their effectiveness in achieving their intended goals.
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Part 1: What is an Underused Housing Tax?
What is an Underused Housing Tax? And how might this affect me as an owner of property in Point Roberts and Palm Springs.
Taxation policies are an aspect of any government’s efforts to regulate its economy. The real estate sector is no exception, as evidenced by the introduction of several taxes designed to address various concerns in this market. Underused Housing Tax, Speculation Tax, Empty Home Tax, and Foreign Buyer Tax are some of the measures implemented to manage the housing market’s affordability, availability, and foreign investment. In this blog, we will explore each of these taxes’ purposes, how they work, and their effectiveness in achieving their intended goals.
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