Metro Vancouver's glut of empty condos - no amount of incentives seems to be able to reverse the glut - how bad could it get?
Investors have fled the Metro Vancouver new condo market, leaving piles of empty and unsold units. Article content And those looking to buy a home to live in aren’t interested in these newer condos, either because they’re too pricey (estimates suggest the bulk of the empty inventory is in the $800,000 to $1.2 million range), too small (in the neighbourhood of 790 to 870 square feet), or both. No amount of incentives seems to be able to reverse the glut ... CLICK HERE for the full story