
VREP #470 | From Real Estate Outsider to Real Estate Insider with Howard Chai
Vancouver Real Estate Podcast
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Navigating Burnaby's Rental Landscape
This chapter explores the current rental market in Burnaby, highlighting its status as one of Canada's most expensive cities for renters. It discusses trends such as rising rents, shifting aspirations among millennials, and a slight decline in rental prices, alongside the impact of policy changes on investment. The conversation addresses the challenges facing real estate developers, financial pressures from high interest rates, and anticipatory sentiments regarding future market developments.
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