BC Introduces 20% Flipping Tax 

The BC Government has announced yet another new tax to try yet again to solve the housing shortage without adding new supply to the real estate market. At the same time First Time Home Buyers rejoice as FINALLY there is some relief to BC's PTT or Property Transfer Tax up to $835,000.

In this video, Surrey real estate agent Steve Karrasch of Macdonald Realty covers the news story and give his opinion on the changes.

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