Purpose-Built Rental Boom
Other Not since the 1970s has Vancouver seen the surge in investment in purpose-built rental apartment buildings. Back then, it was the federal government’s “MURB” program (Multiple Unit Residential Buildings) that encouraged development in the sector by allowing investors in new apartment buildings to claim their annual depreciation against other income for tax purposes. Today, […]
By Les Twarog Vancouver Real Estate and Condo Blog
on 18-01-2016