Quote:
Originally Posted by officedweller
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Is there really this much demand from residents in Vancouver that justifies building upwards of 25 towers in the area in the next 5 years? Or, is the level of speculation so high that these towers are justified purely for investment vehicles? Wish there were better statistics kept in terms of units that are actually lived in and those that sit empty.
When I bought in the area I saw quite a few red passports and overheard people talking about investment opportunities. I bought my unit to live in, not as a speculative play.
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