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Winter Games' influence on real estate

Blog #25: Winter Games / Real Estate

Vancouver, from the day the first train pulled in, has always done well by gatherings of outsiders


Will the Winter Games help or hinder the metropolitan Vancouver real estate market, or hardly have any affect? Opinion, of course, is divided. Who can know the future?

The past, however, suggests Vancouver real estate is simultaneously exceptional and unexceptional.

Advances and retreats in value, and supply and demand, occur here just as they do in any other metropolis. 

But whatever occurs here occurs in a physically singular and culturally diverse geography and occurs because the living here is better than there, not cheaper, but better.

 

Full article at The Calgary Herald

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