Who is buying new condos in Vancouver now and why?
Jennifer Donahue is not a rookie when it comes to Vancouver real estate. In the 1990s and early 2000s, she and her then partner bought, fixed up and flipped several condos in the region, ranging from Richmond to North Vancouver, a period when she sensed that the city was about to take off after Expo 86.
She gave up that lucrative sideline when she started having children and moved to a house in Coquitlam, B.C. In recent years, Ms. Donahue, who works in marketing, wasn’t at all confident about what she saw going on with housing costs and prices, so she stayed away.
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