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Your property will double by 2030 in Greater Vancouver
Manage episode 386340752 series 3514264
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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.
Pick up my book here: https://amzn.to/3uX43SA
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