Real Talk with Corbin | March 13, 2024 | written by Corbin Chivers
πΌ The office of the superintendent of Bankruptcies or the OSB had 759 claims in January which was 42% more than the month prior and a staggering 129% higher than a year ago. π This chart gives things some context and shows that while we’ve had worst times prior to about 20 years ago, the…
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Real Estate Stats, Real Talk with Corbin | March 6, 2024 | written by Corbin Chivers
π« Are you considering moving to the US? πΊπΈ Here’s one of the most common ways that Canadians move down to the states! It’s called the E2 Investor Visa and I’ll explain it to you in 3 simple steps! 1οΈβ£ You need to Invest around $100,000 USD into some kind of business, either starting it…
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Real Estate Stats, Real Talk with Corbin | March 6, 2024 | written by Corbin Chivers
π This article from the Globe and Mail lays out just HOW poor we are and why! π Canada suffered yet another decline in per capita GDP in the fourth quarter of 2023: making it the fifth decline in the past six quarters, resulting in the worst sustained drop in more than 30 years. π»…
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Real Talk with Corbin | February 23, 2024 | written by Corbin Chivers
π΄ The NDP Provincial Government wants to tax you 20% of your profit when you sell (INCLUDING NOW YOUR PRIMARY RESIDENCE π²π³). What was once thought to be Canada’s last tax shelter. Now they’re STARTING this tax at 20%, and, for now, they are only targeting people who move within the first 2 years of…
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Real Talk with Corbin | February 20, 2024 | written by Corbin Chivers
B.C.’s housing crisis is hitting a new peak π – experts predict a shortfall of 610,000 units by 2030. π± ποΈ At a major Union of BC Municipalities meeting, mayors, councilors, and urban planners echoed a common concern: Our immigration rates are outpacing our housing capabilities, leading to chaos and despair among residents. ποΈπ₯ π…
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Real Estate Stats, Real Talk with Corbin | February 20, 2024 | written by Corbin Chivers
π¨ B.C.’s housing crisis is hitting a new peak π – experts predict a shortfall of 610,000 units by 2030. π± ποΈ At a major Union of BC Municipalities meeting, mayors, councilors, and urban planners echoed a common concern: Our immigration rates are outpacing our housing capabilities, leading to chaos and despair among residents. ποΈπ₯…
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Real Estate Stats, Real Talk with Corbin | February 7, 2024 | written by Corbin Chivers
π More than 5,000 Canadians left BC for Alberta last quarter, marking it the fifth straight quarter where more people have left BC for other provinces than arrived here from other provinces. π‘ ReMax suggests a reform of our tax laws, specifically in Vancouver, if the BC government wants to persuade people to stay. π€…
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Real Talk with Corbin | February 7, 2024 | written by Corbin Chivers
π΄Believe it or not, living in Calgary and flying into Vancouver for school could actually be more budget-friendly than living in Vancouver itself! π«π π΄ Well at least according to one student’s savvy calculations in this article! π΄ Vancouver’s housing costs soaring OVER DOUBLE that of Calgary’s, the sky might just be the new highway…
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Real Talk with Corbin | February 5, 2024 | written by Corbin Chivers
Canada extends Foreign π‘ Buyers Ban until 2027π π΅ The Federal Government, led by Finance Minister Chrystia Freeland, announced that Canada is extending its foreign home buyer π«π ban until 2027. This measure, initially set in 2023, prohibits non-Canadian citizens or Permanent Residents from purchasing residential properties in Canada π¨π¦. π΅ The Liberal Government and…
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Real Talk with Corbin | January 20, 2024 | written by Corbin Chivers
π΄ Rent Reality Check! π± Ever wondered how far $2500 goes in #VancouverΒ vsΒ #Calgary? You might be shocked! π€―πΈ π£ In Downtown Vancouver it gets you… wait for it… a charmingly cramped 480 sq ft 1-bed! πποΈ Meanwhile, in Downtown Calgary, the same dough lands you a swanky 2-bed 800 sq ft condo! π’! I’ve personally…
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