Your property will double by 2030 in Greater Vancouver
Manage episode 386340752 series 3514264
In this episode, we will cover how and why your Great Vancouver property will likely double, again, in the next 6 years.
CMHC, a.k.a. The Canadian Mortgage Housing Corporation, is generally known for being a conservative organization when sharing predictions.
After all, they are run by the government of Canada. CMHC just predicted Greater Vancouver homes to increase by at least 89% over the next six years.
Considering how conservative they are, and they're using inaccurate, under-reported immigration numbers from the federal government. This number will likely be over 100%, which equates to double your current value.
Canada needs about 3.5 to 4 million “additional” housing units by 2030 to restore affordability. Furthermore, I don’t think that takes into account all the immigrants, student visas and overstays.
Do I see all these new housing units built in time?
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👉 Learn more, call Jessi at 604 716 6474, email jessi@jessijohnson.ca or schedule a time to chat here: https://calendly.com/jessirealestate
Don’t forget to pick up a copy of my best-selling book on Amazon, Rockstar Real Estate Investing if you haven’t yet and we are here for your questions at any time.
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