In this month's Trending Topic, our hosts, Suzana Goncalves and Brittany Reimer dive into the Q1 2024 Policy Round Up. With the looming federal election, housing affordability emerges as a top concern, prompting various levels of government to introduce legislation to address this issue.
• Federal: The federal government emphasizes rental affordability through initiatives like the Apartment Construction Loan Program and the Canada Rental Protection Fund.
• Provincial: On the provincial front, attention shifts to policies impacting homebuyers directly. The flipping tax aims to deter rapid property turnover, although its market impact may be limited.
• Local: Local governments also make waves with increases in development cost charges, raising concerns about their potential impact on development viability amidst already thin margins.
CHAPTERS
- Intro (0:00)
- Election Year (0:52)
- House Affordability (1:03)
- Rental Affordability (1:30)
- Apartment Construction Loan Program (1:53)
- Flipping Tax (3:35)
- First Time Homeowners Exemption (5:18)
- Increases to DCCs (5:45)
- Closing (6:28)
ADDITIONAL LINKS FOR THIS EPISODE:
May 2024 Greater Vancouver Presale Pulse Episode:
https://mlacanada.com/newsfeed/greater-vancouver-may-2024-presale-pulse
May 2024 Fraser Valley Presale Pulse Episode:
https://mlacanada.com/newsfeed/fraser-valley-may-2024-presale-pulse
May 2024 Presale Pulse Report: https://mlacanada.com/newsfeed/may-2024-presale-report-fraser-valley-leads-in-increased-presale-activity
MLA Canada | Real Estate Intelligent
100-856 Homer St., Vancouver BC
@mlacanada | LinkedIn | Instagram | Facebook | Twitter | RedBook | WeChat
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com