US EditionCritics say house flipping too insignificant for new B.C. tax to have impact
- Experts are questioning B.C.'s incoming flipping tax, noting that about three percent of B.C. homes were flipped between 2019 and 2021.
- Brendon Ogmundson stated, "Flipping has a net-zero impact on prices," highlighting that it isn't a major factor in affordability challenges in B.C.
- A report by BCREA warns that the tax could lead to lower resale supply, causing tighter market conditions.
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14 Articles
14 Articles
Coverage Details
Total News Sources14
Leaning Left13Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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