Dan Scarrow, president of Lyndan Properties, recently penned an insightful piece for Business In Vancouver discussing the challenges facing Vancouver’s real estate sector. In his article, Dan highlights the strain that rising property taxes and development fees are placing on the city’s growth and infrastructure. He outlines how these pressures are contributing to a “doom-loop” of increasing taxes and stunted economic activity, and suggests a potential path forward by reducing the regulatory burden on development to spur growth and prosperity.
This article originally appeared at biv.com.