With the parking crunch, downtown Victoria parking spots will become increasingly valuable!

Depending how fast the market is appreciation you could potentially be losing money on your suite each month, if you have to pay capital gains on the portion of the home which is your suite.

***THIS IS NOT TAX ADVICE, CONSULT A PROFESSIONAL ACCOUNTANT***

When shopping for houses, it helps to treat them as direct substitutes such as Coke and Pepsi. If you are set on Coke and won’t consider Pepsi you are more likely to make a bad financial decision.

What do I personally look for?

As a REALTOR® it is not very difficult to influence your average online REALTOR® review.

Assuming the city zoning allows for Airbnb and the current bylaws don’t restrict vacation rentals is there really a legitimate need to amend the bylaws to restrict Airbnb and vacation rentals?

Why doesn’t the government crack down on strata corporation that don’t allow any rentals in their complexes? Because it wouldn’t be a popular political move. Housing inventory used for Airbnb or vacation rentals is well below 1%; therefore, there isn’t too many people to piss off with the crackdown from a political perspective.

It’s still hot.

Tesla shows that the traditional model is not always the best model.

It really doesn’t make sense to cancel a mere posting and re-list for a lower price with a full commission brokerage!