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Old Posted Jan 13, 2020, 8:05 PM
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misher misher is offline
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Quote:
Originally Posted by whatnext View Post
The FBT absolutely does not prevent foreign players from investing in the multifamily market. They're more than welcome to build a rental apartment building with no extra taxes, just the same that apply to local builders.
You overestimate the intelligent of our government. At least you get to criticize the BC Liberals here?

Quote:
foreign buyers have expressed interest in Vancouver buildings but are put off by B.C.’s 20% foreign-homebuyer tax, which applies to rental apartment buildings.

“The taxes are just crazy. Some owners have simply had enough.”
https://www.vancouverisawesome.com/real-...ings-for-sale-metro-vancouver-bc-1945870
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