VREP #308 | Did this Housing Policy Just DOUBLE Vancouver Land Values? With Tom Davidoff

Six homes on a standard lot in Vancouver! The City of Vancouver's 'Making HOME' initiative, brought forth by Mayor Kennedy Stewart and just passed by city council, promises density that has the potential to re-shape every neighbourhood in Vancouver. But will this transform real estate values in the city &, if so, exactly how? Professor Tom Davidoff sits down once again with Adam & Matt to discuss “Making HOME” (and who better - Tom presented his thoughts to city council right before the vote). Do current single family homeowners in Vancouver win as big as you expect? How quickly will the impact of “Making HOME” be felt and primarily in which areas of the city? And should first-time homebuyers hit the sidelines to wait for the impact of this “generational” policy shift? Tom, as always, also sticks around to talk the hot real estate topics of the day - interest rates, unrelentingly low inventory, where the market ends up at the end of 2022 & more. The future is now!