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O/T- Vancouver Supercar cash crackdown

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Old 10-20-2018, 04:40 PM
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Ronan
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Default O/T- Vancouver Supercar cash crackdown

https://www.bloomberg.com/news/artic...premium-canada

Might be a bit worrying for sudden cash buyers....
Old 10-20-2018, 06:35 PM
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Performante
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The article is from March. NDP hasn't done much since but exotic car sales have slowed down due to the luxury tax and general crackdown on illegal money. The RE market taking a nosedive has also hit local exotic dealers.
Old 10-20-2018, 07:19 PM
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BioBanker
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The luxury tax ground high end car sales to a halt...….the cars have been sitting. Dealerships in Kits are empty. Only way around the tax is short term leases
Old 10-21-2018, 05:11 PM
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Violation of human rights to rappers.
Old 10-21-2018, 08:13 PM
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WantA997
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Originally Posted by BioBanker
Only way around the tax is short term leases
That, and this:





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