VANCOUVER – Real Estate: Developers are responding to market demand from people who cannot afford to buy in Vancouver.
“Vancouver, along with other major Canadian cities, is witnessing an entirely new trend in real estate – the development of condo-quality rental buildings.”
“In Vancouver’s West End, the Lauren was completed last year at 1051 Broughton, exemplifying the trend. Similarly, the Bridgewater, at 175 West 14th in North Vancouver, will be ready next year.”
Read the full story by Barbara Yaffe in the Vancouver Sun here.