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
Tune in as Heidi shares her invaluable insights on how a seasoned property manager can be the key to turning your building into a revenue-generating powerhouse.
We discuss the start of the Fall market, the ongoing impacts of interest rates and inflation, the top areas for investment in the Lower Mainland and the province, and the type of thinking required to make lasting moves in real estate.
Back in action! Cory and Melissa have returned to the studio. This week we are joined by Jeff Hancock who specializes in land development and is joining us all the way from the William Wright Kelowna office.