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Insight - Flip that mansion: investors see riches in luxury U.S. homes

By Tim Reid ...

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Government of B.C. extends HEAT Shelter funding in Vancouver (Government of...

(Source: Government of British Columbia) VANCOUVER - The B.C. government is providing $3.7 million in funding to keep three temporary HEAT shelters in Vancouver open for an additional 12 months....

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Tampa Bay ranks among nation's leaders in house-flipping profits

SUSAN TAYLOR MARTINTampa Bay Times Thursday, May 7, 2015 12:01am If TV shows like Flip or Flop have you itching to flip a house, Tampa Bay is a good place to do it. Related News/Archive In the first...

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Flip that mansion: investors see riches in luxury US homes

Jan Brzeski stands in a sun-filled, beautifully refurbished living room high in the Hollywood Hills, looking out at a swimming pool and, miles (km) below, stunning views of Los Angeles. Brzeski is a...

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Speculators Go Online Chasing Profits as Home Prices Drop

With just 11,000 yuan ($1,796), 50-year-old Deng Bangfu made his first property investment in China, flipping it in just two months for a profit even as the nation’s home prices fall. Deng and about...

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Vancouver Rent Bank saves residents from losing their homes (City of Vancouver)

(Source: City of Vancouver) "The Rent Bank has proven to be a successful tool for helping low-income renters keep their homes in crisis situations," said Mayor Gregor Robertson. In its first year of...

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Investors see riches in luxury US homes

The rise of the "flippers" ... US investors who buy a home, refurbish it, and sell it at a profit. Photo: Bloomberg Jan Brzeski stands in a sun-filled, beautifully refurbished living room high in the...

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Raise cost of second home ownership

The government is considering revising a “luxury tax” on housing transactions to raise more revenue and further curb property speculation, but an academic yesterday proposed a different approach....

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City’s Annual Homelessness Count to take place March 12 and 13 (City of...

(Source: City of Vancouver) "We've seen a big drop in street homelessness in Vancouver over the past four years, with a 62 per cent decrease since 2008," said Mayor Gregor Robertson The seventh...

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Mayor makes mental health crisis Vancouver's new priority

Over his last two terms of office, Vancouver Mayor Gregor Robertson and his Vision Vancouver council have tried to tackle every major issue on their ambitious agenda. None is more ambitious than the...

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Insight: Flip that mansion: investors see riches in luxury U.S. homes

LOS ANGELES (Reuters) - Jan Brzeski stands in a sun-filled, beautifully refurbished living room high in the Hollywood Hills, looking out at a swimming pool and, miles (km) below, stunning views of Los...

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Governments could soften blow of high home prices

Instead of looking the other way, politicians should consider ways to address the affordability crisis afflicting Vancouver's property market. While government likes to argue an unfettered marketplace...

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Photos Vancouver’s five priciest luxury homes

Vancouver Mayor Gregor Robertson wants to curb real estate speculators that he says are flipping properties and driving up the cost of housing in Vancouver. Among the measures he suggests to the ......

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Something is grotesquely wrong with Vancouver’s housing market, and the time...

The realisation that something is grotesquely amiss with Vancouver’s housing market has reached a tipping point. Fuelled by the special sauce of Chinese wealth - and good old Fear of Missing Out -...

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How mainland Chinese immigrants are transforming Vancouver

Life is good for Wei Fuqiang and Chen Qianhong. Sitting on their 10-metre cruiser in Vancouver's exclusive Coal Harbour marina, the married mechanical engineers recount an unlikely trajectory from...

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Vancouver creates agency to boost rental unit stock

The City of Vancouver has announced the creation of a the Vancouver Affordable Housing Agency, a resource centre aimed at increasing affordable rental housing stock for families that don't qualify for...

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Vancouver Luxury Demand Prompts Increase in Home Flipping

Share on FacebookShare on Twitter Share on LinkedInShare on RedditShare on Google+E-mail Demand for luxury homes in Vancouver is so high that shoppers are willing to pay a premium for residences that...

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New housing opens for Vancouver seniors (Government of British Columbia)

(Source: Government of British Columbia) NEWS RELEASE For Immediate Release 2013PREM0047-000677 April 3, 2013 Office of the Premier Ministry of Energy, Mines and Natural Gas and Responsible for Housing...

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Chinese speculators move online to chase property profits

Chasing returns from bricks and mortar: Small-time speculators are keen to snap up fangbaobaos, or "home baby" investment products. With just 11,000 yuan ($1960), 50- year-old Deng Bangfu made his...

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Vancouver working to engage residents

It is all well and good for Vancouverites to love their city, as most do. But in a rapidly expanding and changing Vancouver, love may no longer be enough. Accordingly, city council is seeking ways to...

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A Vancouver real estate cheerleader crying ‘racist’? Don’t bother kow-towing...

Last week, pro-development political consultant Bob Ransford used his column in the Vancouver Sun to draw a line between the debate over the city’s chronic housing unaffordability and anti-Chinese...

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Soaring Vancouver home prices spur anger at foreign buyers

After years of watching Vancouver housing prices climb, driven in part by Chinese investment, Eveline Xia came to a painful realization: Despite having a Master’s degree and solid career prospects, she...

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Gregor Robertson survives challenge from Meena Wong in Vancouver poll

Vancouver Mayor Gregor Robertson has been returned to power after a tough campaign that was threatened with being upended by the candidacy of Meena Wong, a Hong Kong emigrant and fellow progressive who...

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$1-billion Downtown Eastside plan approved by council

It has been called an international eyesore, an enclave of addiction and a symbol of failed mental health policy, but for thousands of Vancouverites, the Downtown Eastside is called home. The...

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Gregor Robertson Re-Elected Mayor of Vancouver

Gregor Robertson was re-elected to a third term as mayor of Vancouver after fending off former journalist and challenger Kirk LaPointe to retain the top job in British Columbia’s largest city....

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Relax, Vancouver voters: linking affordability and immigration doesn’t make...

CITY OF VANCOUVER MEDIA CENTRE PRESS RELEASE: Vancouver’s newly elected Mayor X has used his/her first day in office to call on the federal and Quebec governments to halt all wealth-based immigration...

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Crowdfunding clicks on to property flipping

With just 11,000 yuan (HK$13,867), 50-year-old Deng Bangfu made his first property investment in China, flipping it in just two months for a profit even as the nation's home prices fall. Deng and about...

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Real estate data: the provincial government is, um, studying it

In the wake of Vancouver Mayor Gregor Robertson’s letter to Premier Christy Clark last week suggesting the provincial government should tax real estate flippers and owners of luxury homes, and the...

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Vancouver's Largest Transit-Oriented Office Tower Outside of Downtown Nets...

Business Parks Struggling as Commercial Tenants Seek Transit VANCOUVER, Sept. 10, 2013 /CNW/ - In a joint news conference with Vancouver Mayor Gregor Robertson today, real estate developer PCI...

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Meena Wong launches bid to become Vancouver’s first Chinese mayor

Hong Kong emigrant Meena Wong has launched a bid to become the first Chinese mayor of Vancouver, one of the most Chinese cities in the world outside Asia. Wong, the daughter of doctors who fled...

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Homeless numbers on the rise, despite efforts

The number of people sleeping on the streets or couchsurfing across Vancouver has more than tripled since 2011, despite ambitious plans by Mayor Gregor Robertson and his Vision Vancouver-dominated...

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Born in China, Joy Mo blames rich mainlanders for Vancouver’s housing woes

Joy Mo, a Vancouver-area resident since 2002, says it is time to do something about the rich mainland Chinese she believes have priced locals like her out of the property market. She cannot understand...

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Soaring Vancouver home prices spur anger toward foreign buyers

VANCOUVER After years of watching Vancouver housing prices climb, driven in part by Chinese investment, Eveline Xia came to a painful realization: Despite having a Master's degree and solid career...

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Exposing a bogus ‘analysis’ that ignores role of foreign money on Vancouver’s...

If there’s one thing that should unite both sides of Vancouver’s debate about housing affordability and the role of foreign money in the real estate market, it’s the need for more data. But apparently...

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Soaring Vancouver home prices spur anger toward Chinese buyers

VANCOUVER — After years of watching Vancouver housing prices climb, driven in part by Chinese investment, Eveline Xia came to a painful realization: Despite having a master’s degree and solid career...

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Scarce data on foreign real estate investment

TORONTO - There is scant data available on how many foreign investors are snatching up Canadian homes, and experts say the knowledge gap needs to be filled if policy makers hope to maintain the...

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Experts calling for more data on foreign investment in Canadian real estate

There is scant data available on how many foreign investors are snatching up Canadian homes, and experts say the knowledge gap needs to be filled if policy makers hope to maintain the stability of the...

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Vancouver home prices are ridiculous, unlike concerns about mainland money

There’s no better advertisement for Vancouver than mayor Gregor Bethune Robertson. Like his city, Robertson is laid-back, generally scandal-free and extremely picturesque. Regarded as the most handsome...

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Calls for action mount over Vancouver's surging housing prices

VANCOUVER, June 11 (Xinhua) -- With housing prices in Vancouver reaching a new high, the government leaders of British Columbia (B.C.) in west Canada are urged to take action to control them. The...

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Is Vancouver’s condo king calling the shots on the city’s affordability...

It’s a simple question. So simple it sounds ridiculous. Is Bob Rennie – condo-king of Vancouver, whose marketing strategies have revolutionised the real estate industry and helped transform the city –...

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Vancouver mayor seeks to curb housing speculation

Vancouver’s mayor has come out firing in the debate over housing affordability, calling for a provincial “luxury housing” tax, a levy on property flippers, and the power to reduce the number of...

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Flipping Vancouver homes proves profitable

About 20 per cent of detached homes in Vancouver sold in the last 17 months were re-sold within a year, with some speculators making hundreds of thousands of dollars in profits, according to a study by...

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