Vancouver Homeowners Are in BIG Trouble — The System Is Breaking
Summary
Vancouver's rental market is undergoing a major shift with vacancy rates hitting a 30-year high (3.7%) and rents falling for 14 consecutive months. The video highlights how the combination of short-term rental (STR) bans, professional purpose-built rental competition, and decreasing international student demand is creating a 'perfect storm' for homeowners who rely on rental suites to cover high mortgage payments.
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