@cbcbritishcolumbia: Vancouver's unsold condo stock hit a record high of roughly 5,400 units in June, totalling nearly $4.5-billion worth of inventory. #house #Home #vancouver #cbcnews #britishcolumbia
The fact they can afford to sit on these for 2+ years tells you how much profit is really baked into the price
2026-10-13 23:54:46
2319
WitheredPumpkin :
No condo should be worth more than like $250k. You don’t own land, you’re sharing walls, it’s an economy unit.
2026-10-14 01:38:06
423
coreykolenosky :
Imagine, not wanting to pay 1.5 million for a 400 sq. ft. Condo....😂😂
2026-10-14 00:09:28
420
Chutney_Spears :
So developers are mad that they can’t price gouge anymore. Let the bubble burst.
2026-10-14 00:41:05
506
Puzzler 👨💻🧩 :
the greed
2026-10-13 23:58:36
489
s :
Hm maybe if they didn’t build shoeboxes and try and sell them for 700k
2026-10-13 23:53:11
1161
chachiwade :
its almost like, housing shouldn't be for profit? Just maybe its a basic need and we dont need to make money for people to have a basic need met. 😐
2026-10-13 23:30:59
661
DYK :
A basic 600sqft box should never be called “luxury condos”
2026-10-13 23:31:43
1976
Geoffrey Rabut 🇨🇦 :
People don’t want a kitchen in their living room
2026-10-13 23:49:44
2988
HRH Robert :
It’s simply because there are very few units in Vancouver uglier than these! People wouldn’t even want these for free!
2026-10-14 01:42:33
5
wombatcombat0 :
They said it themselves. Banks wont allow for price to drop.
2026-10-14 02:30:21
1
Lafehore 199 :
2bathroom. $3500. Too much price
2026-10-14 00:39:19
5
23andtee :
lol its not the new govt taxes, it's the unlivable tiny floor plans.
2026-10-13 23:28:18
383
BC007 :
Because they built airbnb units that no one wants to live in! Let them fall
2026-10-14 03:51:36
5
🗿 :
I will never ever feel sorry for developers. they deserve to go bankrupt.
2026-10-14 00:50:00
2
Plumb bob :
remember supply and demand
no demand it's supposed to go down.
or does it only go up when there is demand.
they made a bad bet time to pony up
2026-10-14 00:23:04
5
crazycooter500 :
maybe charge a proper rental pricing . no 600sq ft unit cost more then 800dollars
2026-10-14 01:54:02
5
Justreadingmesomecomments :
When you cram as many units as you can in a floor to maximize profits, maybe expect people to not want them?
2026-10-13 23:51:08
93
fragmented.lens 🇨🇦 🫒 :
nobody can afford luxury shoeboxes. the prices should bottom out to correct this speculative market. we stopped building affordable communities a long time ago.
2026-10-13 23:30:18
82
Geoffrey Rabut 🇨🇦 :
People want a bedroom that can host a queen size bed minimum with room to walk around it
2026-10-13 23:49:20
49
ZebraSports :
The units are not livable.
2026-10-14 00:06:01
46
123 4🇨🇦 :
Because its unaffordable
2026-10-14 02:02:06
46
Don't Stress call Jess :
Just look at the old buildings. Those people knew how to build!
Spacious, comfortable, affordable, and built to last.
They knew what they were doing back then!
2026-10-14 00:47:39
116
Can Rebel Princess :
Drop. the. Price.
2026-10-14 01:48:09
5
🇨🇦 Jenny 🇨🇦 :
Lower the price. Thought you believed in the market economy?
2026-10-14 00:37:22
152
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