Vancouver vacancy rate spikes to highest level since 1980s

https://www.cbc.ca/news/canada/british-columbia/vancouver-vacancy-rate-2025-9.7022103

59 points · 4 comments · view on lemmy.world

4 Comments

snoons@lemmy.ca · 11 pts · 261d (1 reply)

moar

Thedogdrinkscoffee@lemmy.ca · 7 pts · 261d

MOAR!

MacroCyclo@lemmy.ca · 9 pts · 261d (1 reply)

Is this good because prices will decrease or bad because people are out on the street?

IronBird@lemmy.world · 11 pts · 261d

theoretically, rents should decrease eventually as the real estate moguls start feeling the stress of economic downturn themselves (not sure if canada as a bunch of bullshit tax writeoffs/incentives, to help real estate speculators, like the US does).

witty_username@feddit.nl · 4 pts · 260d
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