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The Vancouver Sun

Prices surge for B.C. recreational properties as people ‘re-evaluate their lifestyle’

Joanne Lee-Young, Vancouver Sun, Dec 8, 2020

Vancouver landscape architect Paul Sangha has long created gorgeous gardens and outdoor spaces for homes in the city, but this year, he is juggling a dramatic switch for his services in far-flung, recreational properties.

It’s not just at Whistler, he said. “That, we would traditionally get. But now it’s jumped to Bowen Island and Pemberton, and then also into the Okanagan,

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Speculators target B.C. farmland after foreign buyer tax introduced for residences

Sam Cooper, Vancouver Sun, May 26, 2017

Sales of farmland in B.C. surged and prices jumped immediately after the provincial government announced a foreign buyer tax on residential land in July 2016, a Postmedia investigation shows.

The surge in agricultural land sales and prices — on property that is not subject to the 15 per cent foreign buyer tax — was largely driven by record-setting sales in the Fraser Valley,

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Mayors hope foreign buyer tax revenue will open door to more rental units

Kelly Sinoski, Vancouver Sun, July 26, 2016

Metro Vancouver mayors hope a new housing fund announced by Premier Christy Clark will be used to help resolve a “desperate need” for affordable housing across the region.

Clark announced Monday a 15-per-cent foreign buyer tax on all residential real estate deals in Metro Vancouver — from Bowen Island to Langley Township — starting Aug. 2. Revenue would go into a special housing fund for housing affordability projects,

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Foreign buyers to face tax hike on Metro Vancouver real estate

Rob Shaw, Vancouver Sun, July 25, 2016

VICTORIA — A foreign buyers tax introduced in a surprise move by the B.C. Liberal government Monday may cool the high end of Metro Vancouver’s red hot real estate market, even if it contains several potential loopholes and unintended consequences, say experts.

The new 15-per-cent foreign buyer tax will apply to residential real estate deals in Metro Vancouver — from Bowen Island to Maple Ridge/Langley Township — starting Aug.

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53 neighbourhoods join Metro Vancouver’s million dollar club

Joanne Lee-Young, Vancouver Sun, January 5, 2016

The average value of detached homes has broken through $1 million in more than 50 additional Metro Vancouver neighbourhoods, 2016 assessment figures show.

“It’s a little, depressed area,” Realtor Jason Weinman said of the Multiple Listing Service-defined zone of Lynnmour on the North Shore. There’s not much to this zone between the end of the Ironworkers Memorial Bridge and Capilano University,

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Metro homeowners face tax hit from rising property assessments

Derrick Penner, Vancouver Sun, January 4, 2016

Increases in property assessments pushed as many as 55,000 British Columbia homeowners over last year’s $1.1 million threshold for receiving the provincial homeowners grant on their property tax prompting a new call for the government to revise the program to cushion the impact of a hot real estate market.

BC Assessment on Monday released 2016 assessments for some two million properties and hot markets in the Metro Vancouver pushed residential assessed values to some of their biggest increases in more than 30 years,

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The Cost of Privacy

Chad Skelton, The Vancouver Sun, October 6, 2001

Growing up, Marian Churchill loved to listen to her parents tell her stories about “the family’s islands.” The idea that a poor family in Nanaimo owned its very own islands — two, no less — added a touch of magic to the life of a young girl in the 1950s. “I wondered why we weren’t King and Queen, because we owned an island,”

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