Mindblown: a blog about philosophy.
-
Single Stairs Unlock Denser, Affordable Housing in BC
British Columbia will allow single-staircase buildings in the new building code. This design is common worldwide but banned in Canada for fire safety reasons.
-
New interest rate will not impact Vancouver housing market
Bank of Canada's interest rate cuts may not significantly impact the housing market. Lower interest rates could lead to better mortgage rates, but home prices are unlikely to decrease much due to high demand. First-time buyers still need a substantial down payment. Home prices are expected to remain stable in 2024 but could rise in…
-
52% of BC Renters Not Buying Soon
In British Columbia, 23% of renters spend up to 30% of their income on rent. 42% of BC renters spend between 31%-50% of their income on rent.
-
Slow Growth Predicted for BC Despite Rate Cuts on Horizon
A recent economic forecast predicts no further interest rate cuts in Canada until fall 2024. The BoC is expected to cut rates in September and December this year, followed by further cuts throughout 2025.
-
Municipalities Resist Bc’s New Housing Mandates
What was supposed to be transformative change in BC’s housing policy is starting to look more and more like the status quo.Bill 44 required BC municipalities to update bylaws for new minimum densities and allow multiplexes on single-family lots.
-
Demand for Retail Space in Vancouver Strong Despite Economic Uncertainty
Vancouver's retail sales are projected to rise in 2024, bolstered by the local tech industry and consumer spending. The city's downtown area is rebounding, with increased transit usage and new initiatives at Amazon's The Post. Despite a decline in the athleisure trend, the retail market outlook remains positive due to falling office vacancy rates and…
-
Surrey Market Update
-
Vancouver unveils new plan to accelerate housing development
Vancouver aims to approve 83,000 homes in the next decade, a 15% increase from previous targets. The plan includes 74% rental housing, 15,500 below-market homes, and 40% family-oriented units. A Three-year Action Plan will implement over 50 actions, such as creating an Official Development Plan and increasing density around transit stations. Collaboration with various stakeholders…
-
The price has reduced for this Listing, check it out Listing Address: 70 15968 82 AVENUE
Bright & inviting 3BR+Den 2.5BTH duplex-style Fleetwood townhome. Gleaming laminate floors flow into your formal living & dining rooms w/ cheery windows overlooking your fenced yard w/ street access. The spacious, refreshed kitchen features newer stainless steel appliances, tiled backsplash & granite counters w/ a sunlit eating area boasting airy, vaulted ceilings. Upstairs is reserved…
-
Rising Costs Threaten BC’s Homebuilding Industry
Despite a booming appearance, experts warn of a potential slowdown in BC's homebuilding market due to several factors:Higher borrowing costs and stricter lending conditions are discouraging new construction projects.
Got any book recommendations?