Most gateway cities are prone to wildly unstable housing, but there is one place that’s figured it out
For anyone interested in a crash course on the recent history of Vancouver’s housing crisis, they need to look no further than the work of professor David Ley.
In 2010, Prof. Ley wrote a seminal book, Millionaire Migrants: Trans‐Pacific Life Lines, on the impact of large amounts of cash poured into Vancouver’s property market following Expo 86. Now, he’s released a follow-up book, Housing Booms in Gateway Cities, which looks at cities that are disproportionately impacted by real estate investment.
Categories
Recent Posts
Sellers in Airdrie delay listing, see market decline as they finish renovations
Interest rate predictions, Vancouver losing its lustre, the Home of the Week and more top real estate stories
Home of the Week: Five-minute tour in the dark sells couple on downtown Toronto condo
Size bonus helps, but needed upgrades drag on Vancouver condo sale
Frank Gehry's 'legacy' Toronto condo moving ahead, but second tower paused due to market crash
More rentals are sitting empty in Canada. But it’s not enough to relieve housing affordability, CMHC says
Agincourt bungalow sellers test out more than a dozen prices, including $1
Will Toronto’s land use plans meet the moment?
North York semi sells over asking despite unusual address
This year’s Princess Margaret lottery prize was an $8.5-million mansion. So why did it sell for $4.3 million?
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "