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🔥 FREE GUIDE: Avoid the 7 Critical Home Investment Mistakes destroying buyers right now: http://canadahousing.carrd.co Vancouver's housing market is experiencing an unprecedented crisis as 3,493 newly constructed condos sit empty and unsold—the highest inventory level in 24 years. This comprehensive investigation reveals how the Empty Homes Tax reduced vacant properties by 67% while a new crisis emerged, why developers returned $3.8 million in tax refunds, and how foreign buyer restrictions, money laundering crackdowns ($5.3 billion laundered in 2018), and investor collapse (from 50% to 7% market share) are destroying Vancouver's real estate market. We analyze verified data from CMHC, Statistics Canada, Rennie Intelligence, and City of Vancouver reports to show why 25,502 unoccupied dwellings exist despite 4,821 homeless residents, how the average home price of $1,235,575 requires $226,680 annual income while median income sits at $89,771, and why 70,000 BC residents fled to Alberta in 2024—the largest migration loss in 74 years. Learn about Metro Vancouver's affordability crisis (4th worst globally), rental market conditions (1.6% vacancy rate, $2,314/month average), developer bankruptcies (Westgroup, Rennie Group layoffs), and what this means for property values, mortgage qualification, and investment strategy in 2025. SOURCES: City of Vancouver Empty Homes Tax Report: https://vancouver.ca/files/cov/2024-e... CMHC Unsold Condo Data: https://www.cbc.ca/news/canada/britis... Statistics Canada Census Data: Cullen Commission Report Greater Vancouver Realtors: https://www.rebgv.org/ BC Government Speculation Tax: https://news.gov.bc.ca/releases/2024F... ⚠️ DISCLAIMER: This analysis is for educational and informational purposes only. Consult qualified financial advisors, mortgage professionals, and legal counsel for personalized guidance on mortgage refinancing, debt management, investment portfolio risk assessment, and real estate transactions. Past performance does not guarantee future results. Every claim verified with primary sources. #realestate #britishcolumbia #vancouverrealestate #canada Disclaimer: We’re real estate enthusiasts—not licensed agents, appraisers, or financial advisors. All content is based on publicly available data, market observations, and personal opinions, and is shared for entertainment and general information only. Accuracy isn’t guaranteed. Always consult a qualified real estate professional, attorney, or financial advisor before making any property, investment, or relocation decisions.This video provides fact-based analysis without political bias—just economics, data, and real-world impact on families, developers, and the construction industry.