Скачать или смотреть Flipping Out? New BC Home Tax Explained! (But is it enough?)

* Hot Take:* BC's new "flipping tax" is supposed to make homes more affordable, but will it actually work?

* The Tea:* This tax slaps a 20% penalty on quick home sales (1 year or less) and scales down over 2 years. ️

* But here's the twist:* Experts say it might actually INCREASE prices because fewer homes will be listed!

➡️ What BCREA thinks: This tax misses the mark because it doesn't address the root cause: lack of housing supply!

* The Takeaway:* We need smarter solutions to fix BC's housing crisis, not just quick fixes that might backfire.

#BCHousing #FlippingTax #HousingCrisis #RealEstate #BCREA

P.S. Share this video if you think BC needs real solutions to fix its housing mess!