Cash flowing properties are becoming more sporadic by the day, but rent-to-owns have emerged as one of, if not the most, superior investment vehicle in the Canadian market today
The market's relative affordability is also a key factor
This will stem from mortgage rate hikes, economic sluggishness, and lower purchasing power
While smart cities may be imminent, how they’re developed is still a question mark. Fortunately, Vancouver and Surrey will soon have answers
The market is also benefiting from strong economic and employment performances
Indications of significant uncertainty remain, however
As cities around the world grow too expensive for young families, they’re renting longer, and this new demographic could provide landlords with stable tenancy for years
Among the major influences were prior mortgage rate hikes and a notable economic slowdown
The province saw investment in the asset class remain flat for nearly 25 years
Master-planned communities have the obvious advantage of elaborate planning that standalone developments don’t, and that can create an appreciation surge like no other
This asset type was especially influential in Vancouver's market conditions
Intensified development and demand on the outskirts of major markets highly likely in the near future
Perkins Coie is pleased to announce that Devin P. McComb has joined the firm’s Seattle office as a partner in the Real Estate & Land Use practice
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