Jon Clogg Tycon Capital

Jonathan Clogg Tycon Capital Vancouver Investment in Multifamily Properties Keeps on Growing: This is why: Vancouver's residential housing market has witnessed a combination of extortionate prices, increasing interest rates, stricter lending criteria from banks, and 'market cooling policies' from the British Colombian authorities. However, shrewd property investors realize that single family homes are not the be all and end all of residential properties. Although the sale of condominiums, houses and townhouses are undergoing an expected downward market correction, demand for rented properties keeps on going up. The Rise of Multifamily Properties in Vancouver PricewaterhouseCoopers reports that the outlook for the Metro Vancouver property market looks healthy, with regards to commercial multifamily investments. Following growth of 2.9 percent in 2018, Vancouver's economy is predicted to increase another 2.3 percent during 2019. This robust economic forecast is