BC Housing CRISIS: Developers BLAME Premier Eby as 2,500 Condos Sit Unsold скачать в хорошем качестве

BC Housing CRISIS: Developers BLAME Premier Eby as 2,500 Condos Sit Unsold

Over 2,500 newly completed condos in Metro Vancouver are sitting unsold — not under construction, not hypothetical, but finished units that were supposed to be absorbed instantly in one of the most expensive housing markets in North America. That’s roughly $1.2 billion in real estate inventory that developers expected to move — and didn’t. This video breaks down what’s actually happening in the Vancouver real estate market, why so many units remain unsold, and how B.C. Premier David Eby’s housing policies are being blamed by developers, analysts, and market commentators. At the same time, the government argues the opposite — that these policies are finally shifting the housing market away from speculation, short-term rentals, and foreign capital, and toward actual residents. I’m not telling you who’s right. I’m not telling you who’s wrong. I am sharing analysis and opinion based on publicly available housing data, condo absorption reports, developer statements, and economist interviews. This is a market explanation, not financial advice. **** In this breakdown, we explore: • Why presale buyers disappeared between 2021 and 2024• How interest rates, flipping taxes, STR bans, and the foreign buyer ban changed the buyer pool• why developers say demand was “removed by policy”• why the government says “this is exactly what we intended”• why 2,547 unsold condos signals a market restructuring, not just a slowdown• what this means for future supply, prices, and development in Vancouver Key Context (for viewers trying to understand the bigger picture): • Metro Vancouver’s condo market historically relied on speculative presale investors• Policy changes shifted incentives toward owner-occupiers• Developers are now caught between old business models and new rules• This could mean lower prices in the short term, but reduced supply in the future I encourage discussion — good faith arguments are welcome.Please remember: Real estate is emotional. People’s homes, savings, and futures are involved. Tell me in the comments: Do you think this isA) market correctionB) policy failureC) overdue restructuringD) all of the above I’m genuinely interested in how BC residents see this.