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Facts By Email #34 – The Market Slow Down – Revisited
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About the Author: Ozzie Jurock
Ozzie helps subscribers build an action plan toward real estate success with his Oz Buzz Blog and Podcasts, arming investors with the best information and insights possible with his Land Rush/Outlook conferences. More info OzzieJurock.com
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Hi Ozzie, I have a house in east Vancouver, it’s on what is know as a secondary arterial road so its a bit busy.
I’ve had it for 9 years, it cash flows, occasional pain in the butt, but heck of a lot of equity in it now. I was thinking about selling as I’m 54 and I could semi retire off the money I’d get.
One thing I’m thinking though is Christy Clark has addressed the real estate market affordability with the 15% tax etc…. but so far I didn’t hear anything about zoning changes?
As my house is on the kind of street they seem to allow density increases, Im wondering if I should hang on for a bit longer and see if there are any changes coming down the pipeline.
Any thoughts?
Cheers, Dave