Oz Buzz #69: 2022 Budget An Eyebrow Raiser

OZZIE’S TAKE ON THE 2022 BUDGET – EYEBROWS RAISED STRAIGHT BACK; HUGE NEW ASSIGNMENT TAX, FLIPPING, FOREIGN BUYERS’ CHANGES; THIS NEWS WILL KNOCK YOUR SOCKS OFF: NO MORE RS-1 ZONING IN VANCOUVER; INFLATION TO STAY FOR YEARS; CAN ALL DEVELOPERS COMPLETE?; ASTOUNDING: NEW LISTINGS LOWER AGAINST 2021 BUT NOT AGAINST PREVIOUS 4 YEARS; EXPECT LISTINGS TO CONTINUE TO INCREASE; SF SALES PLUMMET IN VANCOUVER AND THE VALLEY; NUMBERS: MARCH 2022, 2021, 2020, 2019; US DOLLAR NEARING ALL TIME HIGH – AS OZBUZZ FORECAST; US POT IS LEGAL; PHOENIX STATS; CANADIAN DOLLAR OUTLOOK; INTEREST RATE FORECAST; QUESTIONS, QUESTIONS; SONG/MUSIC OF THE MONTH – SOMETHING TOTALLY DIFFERENT; BINGEWORTHY TV SHOWS; SILLY CORNER

Protected: Facts By Email #7 – China Buyers Suddenly Short Of Funds

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Protected: Facts By Email #6 – Vancouver SF House Sales And Prices May Not Recover This Year

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Protected: Facts By Email #43 – More Condos Built In New West Than In Vancouver

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Facts By Email #40 – The Numbers – Sales Way Down

NUMBERS: SALES WAY DOWN. PRICES UP OVER SEPTEMBER 2015, DOWN OVER APRIL 2016 OUTLOOK CONFERENCE SPEAKERS OUTLINED THE 2017 OPPORTUNITIES OZZIE JUROCK: THE ECONOMY AND HOUSING MARKETS KYLE GREEN: GET REFINANCED NOW! CHARAN SETHI: SURREY IS THE FUTURE RAY LEVESQUE AND DAVID SEINBERG: INVEST WHERE YOU RETIRE. TREVOR BOLIN: THE NORTHEAST B.C. BOOM RICK HOOGENDOORN: VICTORIA REAL ESTATE OPPORTUNITIES BIG PENSION FUNDS BAILING OUT OF METRO VANCOUVER PRIZED ASSETS ON BLOCK AS BEAN COUNTERS PLAY ODDS TRUMP OPENING SIGNALS HOTEL BOOM ACROSS B.C.

Facts By Email #37 – Four Reasons Why BC Is Not In A Bubble

(OUT-OF-THE-ROUGH) GOLF COURSES TO BUY INTO NOW Three of four look like winners WHERE PRICES FELL ON WEST SIDE VANCOUVER LUXURY PRE-SALE CONDOS DEFY TAX FEARS ZONING CHANGES THAT WILL DRIVE LOT PRICES HIGHER WHAT HAPPENS IF RATES GO NEGATIVE? NOT MUCH FOR BORROWERS PROVINCE RAKES IN TAXES FROM FOREIGN BUYERS THE PPT WAS SUPPOSED TO APPLY ONLY TO THE TOP 5% OF TRANSACTIONS – NOW? 95% DO NOT MISS JUROCK’S OUTLOOK 2017 CONFERENCE

Facts By Email #25 – Here They Come: B.C. Immigration, Interprovincial Arrivals Surge

HOT PROPERTIES – PRESALE IN THE INTERIOR - $270,000 - MAKE MONEY WHILE YOU WAIT FOR COMPLETION BEST SHORT TERM: THE ISLAND AND OKANAGAN BEST LONG TERM: KOOTENAYS AND THE NORTHEAST B.C. SOME SURPRISES IN RECREATIONAL INVESTMENT REPORT PRICE FATIGUE FORCES METRO VANCOUVER SALES DOWN RENTING THE FUTURE FOR MILLIONS OF AMERICANS SENIORS PAY HIGHER RENT THAN MILLENNIALS

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