Rudy Nielsen, 2019 Investors Guide – Western Investor, April 2019
British Columbia is a desirable province to invest in land, because unlike other provinces, it doesn’t have foreign restrictions on recreational land purchases. We continue to see high demand for recreational properties, from small lots to waterfront parcels to large ranches.
British Columbia is big, but there’s actually a limited amount of land available. Only 5 per cent of land is privately owned.
Dan Fumano & Douglas Todd, Vancouver Sun, March 23, 2019
The city of Vancouver’s places of worship, which sit upon more than $3.4 billion of real estate, are getting into the housing game more than ever before, scaling projects skywards in an attempt to benefit both their congregations and a community facing a housing crisis.
Religious groups have long provided housing. In past generations, those efforts focused on helping vulnerable populations with shelter beds for the homeless,
Lisa Gordon, Canadian Mortgage Broker, Winter 2019
In Rudy Nielsen’s office, a big fish swims in an aquarium filled with smaller fish. It’s a visual reminder for the successful 77-year old real estate entrepreneur to always be the big fish whenever he goes into a new venture.
Today, there’s no doubt that mantra has served him well. Nielsen is the founder and president of the NIHO Group of Companies (“NIHO” is a contraction of Nielsen Holdings),
BC Business, Feb 5, 2019
The new speculation and vacancy tax strikes one more blow
As expected, the B.C. government forged ahead with its speculation and vacancy tax, which took effect on January 1. This politically controversial yet publicly supported levy will penalize foreigners who don’t pay income taxes and leave a home empty for more than six months of the year with a 2-percent tax on the property’s assessed value.
Jane Seyd, North Shore News, Jan 11, 2019
While property assessments for single-family homes have been falling across the North Shore, commercial assessments have been heading in the opposite direction —clocking in with dramatic increases for the second year in a row.
That has a number of owners worried about what it could mean for taxes – and the viability of local businesses – in the future.
Ross Forman of Re/Max,
Jane Seyd, North Shore News, Jan 8, 2019
Dramatic changes in the real estate market have shifted areas of the North Shore that were multiple-offer territory into a buyer’s arena.
What went up in a spectacular rise in the run-up to the real estate peak of 2016 is now on its way back down. The most dramatic changes have been in the market for detached homes, particularly for the priciest mansions in West Vancouver.
WI Staff Western Investor August 2, 2018
Waterfront sites in B.C. are becoming expensive but these listings show that some stunning ocean and lakefront opportunities are available for less than the cost of a small home in Metro Vancouver.
Mudge Island oceanfront cottage: $225,000
A rustic cottage on almost half an acre of oceanfront is available on Mudge Island, just off the coast from Nanaimo or Gabriola Island.
Frank O’Brien & Tanya Commisso, Western Investor, July 30, 2018
Each summer Western Investor surveys the high-end real estate market to present our selection of trophy properties available across Western Canada.
With most price points well above $2 million this is an exclusive altitude but also an inspiration to all of us aspiring to ascend to ownership of such properties. This year we found an incredible selection of luxurious listings,
Rudy Nielsen, Western Investor, May 2, 2018
Don’t wait to buy land, buy land and then wait. I first learned the importance of that saying in 1964 as the youngest realtor in Prince George. I still believe it today.
My career as a realtor has taught me how profitable and rewarding real estate can be. Having assembled development sites for large corporations such us Woodward’s and Safeway, also assembling large subdivisions,
Matt Robinson, Vancouver Sun , March 5, 2018
Suggesting young people buy a cheap starter home in the suburbs and later buy in the city, as their parents did, is still valid today — as long as you consider places like Chilliwack and Hope as suburbs of Vancouver.
Those are among the few Lower Mainland municipalities with housing prices that appear not to have blown past incomes over the past two decades,