RE:Demand for housing in BC lower mainland. So much potential for redevelopment here.
Zoning and permitting needs to be a front and Center issue. The fees paid to cities has got to be addressed. My view is also that the Property Transfer tax is an impediment to the free market and holds down families from moving up in the market. The rates are crazy and don't support development.
I think politicians are just starting to get the message. If the political impediment is removed it could provide both investors and consumers with a tremendous benefit.
Let's see what happens!
LR