Mindblown: a blog about philosophy.
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Impact of Trump tariffs on Metro Vancouver real estate likely short-lived
A forecast by Greater Vancouver Realtors indicates that potential U.S. tariffs may have a short-term impact on the residential market. While sales are expected to rise by 13.9% this year due to lower borrowing costs, a recession with job losses could reduce the buyer pool and sales in 2025. The average home price is projected…
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Vancouver Leads in Rent, Despite Recent Declines
Vancouver remains Canada's most expensive city, despite rent declines in December 2024. Average rent for a one-bedroom in Vancouver was $2,512, ↓ 7% yearly.
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Happy Family Day
In some families, it’s a day to spend time playing in the snow, building snowmen, or having snowball fights. Some families take advantage of the long weekend to have a "staycation" and enjoy the activities in their own city or town. Take advantage of this wonderful time of year to reinforce your family bonds. Wishing…
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Happy Valentine’s Day
Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was…
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41,500 New Homes in Vancouver’s Broadway Plan
The Broadway Plan aims to add 41,500 new homes and 45K new jobs over 30 years. Updates align with new provincial Transit Oriented Areas (TOA) legislation, boosting economic growth and housing.
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2025: A Glimpse Into Burnaby’s Housing Market
Burnaby's housing market in 2025 will likely experience continued uncertainty due to mixed trends in 2024.Prices in Burnaby East, North, and South showed minor fluctuations, indicating potential for further price adjustments.
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Vancouver Draft Budget Proposes 3.9% Property Tax Increase
The property tax increase, now 3.9% instead of 5.5%, eases financial pressure on homeowners and renters. Adjusted funding allocations prioritize maintaining housing affordability while balancing essential city services and community needs
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Vancouver’s Tallest Towers Promise 1,136 Rental Units
Vancouver proposes a high-rise rezoning project near Burrard Street Bridge, promising significant urban transformation. The site spans 1.8 acres, valued at $65.6 million, currently occupied by aging low-rise buildings.
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Vancouver Forecasts ~34K Homes by 2028
Vancouver aims to complete ~34K units by 2028, surpassing the 28,900-unit provincial target. The city’s development pipeline includes 58K units, with ~19K approved and ~14K under construction.
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Vancouver rents dip for second year, report finds
Average rents in Vancouver decreased in December, with a one-bedroom apartment costing $2,512, down 7% from last year, and a two-bedroom unit averaging $3,430, a 6.3% drop. Overall, the average rent across all property types was $2,882, a 6% decline year-over-year. The national average rent was $2,109, marking a 17-month low. Increased supply and weakened…
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