Housing Affordability Just Got Worse in BC

Could the new 20% home flipping tax in BC (that is meant to increase home affordability over time) actually cause home prices to rise to even more unaffordable levels?

In this video, Surrey REALTOR® Steve Karrasch of Macdonald Realty explains why he thinks this new tax just made housing affordability even worse in the province.

Watch the housing minister on The Tom Storey Show: https://www.youtube.com/watch?v=8qPVbwaupYQ

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