Quote:
Originally Posted by Ch28
B.C. real estate: Speculators target farmland after foreign buyer tax introduced | Vancouver Sun
Sales of farmland in B.C. surged and prices jumped immediately after the provincial government announced a foreign buyer tax on residential land in July 2016, a Postmedia investigation shows.
The surge in agricultural land sales and prices — on property that is not subject to the 15 per cent foreign buyer tax — was largely driven by record-setting sales in the Fraser Valley, South Surrey and White Rock.
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"Yeaa...we um need this 30,000 sq ft house with 10 garages, 3 swimming pools, tennis court, 20 rooms, a guest house, golf course so taht my family of farmers can live together"
