BC has about 18,000 realtors, 10,000 of whom work in Greater Vancouver.
In 2009, 36,257 properties were sold in the Greater Vancouver area, for a total dollar volume of $21.5 Billion.
“The biggest industry in this city is real estate.” – (from recent Peter Ladner/David Berner interview).
Christy Clark, leader of the BC Liberals and premier of the province of BC, received more than 50% of her leadership campaign contributions from RE related industries.
Don’t expect provincial or local governments to make any policy moves that would threaten the speculative mania in local real estate. – vreaa
Here’s how the realtors keep track of their influence: the following from the ‘Advocacy’ section of the BCREA 2009-2010 Annual report, p8 –