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Originally Posted by OMG!WTF!
I always thought Toronto was the center of the universe. Is Vancouver the only place to buy a house in BC? They got a foreign buyer tax. Maybe this could help other people in other places. 750k gets you an average house in Victoria. Same with Kelowna though that's a bit skewed by resort properties. Whistler is out. How about Merritt?
I think it's more of a reaction to the no down payment style bonanza they had in the states. This isn't that.
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If you're a white-collar worker, yeah, Vancouver and Victoria are pretty much it. You have the odd regional government offices in various parts of the province, but what you're saying is would be like me telling laid off middle-managers in the oil industry to try their luck in Brooks.