“I thought I’d share an interesting comment from a realtor friend of mine. Vancouver westside homes are being bought, left vacant, then flipped at higher prices after one home in same area is bloated after a STAGED price bidding war. Most disturbing is local buyers still wanting to get in at these prices because they are afraid they will be “Priced out Forever”. Sadly when this ends the locals with be holding the bag of mortgage debt.”
- Patrick at VREAA 23 Aug 2011 5:31pm
Thus far, this is just a rumour.
Any corroborating stories will be posted.