@kimmaicutler ...condo building boom, which has made up for the priciness of the single-fam detached market.
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Replying to @MarketUrbanism
@MarketUrbanism I'm a fan of it being used to spur new development, but not parking it in vacant existing units.2 replies 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler There isn't a ton of evidence that that's happening on a large scale.3 replies 0 retweets 0 likes -
Replying to @MarketUrbanism
@MarketUrbanism in Vancouver, there is. Still early days for the US, also there is no effective way of tracking it.1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler What's the evidence that it's happening in Vancouver on any large scale, regionally and not just in isolated micro-markets?3 replies 0 retweets 0 likes -
Replying to @MarketUrbanism
@MarketUrbanism should read the paper. What's the evidence it's not happening? We literally do not have any way of proving who is where1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler I admit we do not know. But as you acknowledged, there are two things going on here in various degrees – one is that Chinese..3 replies 0 retweets 0 likes -
Replying to @MarketUrbanism
@kimmaicutler ...are moving to Metro Van in huge numbers and lots of condos are being built with relatively low prices & rents. The other...1 reply 0 retweets 0 likes -
Replying to @MarketUrbanism
@kimmaicutler ...is that some existing single-fam homes and new condos are empty. The former you think is positive, the latter you think...1 reply 0 retweets 0 likes -
Replying to @MarketUrbanism
@kimmaicutler ...is negative. We know the first good thing is happening; we don't know the second bad thing is happening.5 replies 0 retweets 0 likes
@MarketUrbanism So we should either track it, or tax capital gains more heavily on the asset class across the board.
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Replying to @kimmaicutler
@kimmaicutler Ideally we'd track it before doing either of those things.0 replies 0 retweets 0 likesThanks. Twitter will use this to make your timeline better. UndoUndo
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