The new Coronavirus, which results in COVID-19, is causing major uncertainty in the global economy and has the potential to trigger a large-scale global recession. But should we be ringing alarm bells just yet? And what does this mean for our real estate market in Vancouver? This week, we catch-up with Central 1 Credit Union’s Chief Economist, Helmut Pastrick, to talk best case/worst case scenarios, potential rolling recessions, how markets are responding to media and quarantines, and whether or not you and your money should stay home! At the very least, you should! This is a surprising conversation that will undoubtedly influence your plans for 2020. Listen up! And on a serious note, regardless of your age or vulnerability, please do your part and avoid large crowds and wash your hands. Take care, everyone - VREP
Kevin Skipworth, Owner and Managing Broker at Dexter Realty, sits down with Matt & Adam in Kokomo Studios to discuss how these factors are playing out on the ground and what this means for real estate in the Lower Mainland at large.
Ben Smith has been involved in Vancouver real estate in one capacity or another for decades. He previously has worked with some of the region’s major developers & more recently went national to become the President of Avesdo.
LandlordBC CEO David Hutniak sits down this week with Adam & Matt to go over the policy changes in detail and spell out some of the major implications.