How undervaluation of Vancouver real estate could cost millions in property taxes / Globe and Mail / Canada

Thursday, June 12, 2025, 12:22 pm permalink

Experts now warn that Vancouver’s property assessments are significantly underestimating true market values, potentially costing local governments millions in lost tax revenue. Legal loopholes in property transfers are raising eyebrows as officials call for a more accurate appraisal system to balance municipal revenues and fair market practices.


permalink / 2 stories from sources in 23 hrs #finance #housing #bc #vancouver




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