This week we open up the proverbial mailbag and answer some listener questions…and there’s a lot to talk about. Keith addresses the new vacancy tax, rate hikes and once again answers the question, “Is Vancouver in a bubble?” Here’s a full list of the questions we take on this week: * How is the new interest rate hike going to affect the Vancouver real estate market? * Is Vancouver in a bubble? * How can the city be better for home owners trying to build? * Will the new vacant home tax do anything to cool prices? * Is supply in Vancouver keeping up with demand? * From 2010 to 2016 population size in Metro-Vancouver increased by 10.2% while occupied dwellings increasing by 7.8% * This change in dwellings vs. population size means an increase in average household size from 2.6 in 2010 to 2.65 by 2016 *Numbers from statistics Canada 2011 and 2016 census data * Canada has the 3rd largest homes in the world, yet 42% of people say they want bigger homes. (study by Point2Homes) * How will technology change the way people buy real estate in the future? – Time magazine tool “Will a Robot Take Your Job?” *** If you have any questions or any guests you would like us to interview, email us at firstname.lastname@example.org. Keith Roy – Personal Real Estate Corporation, RE/MAX Select Realty.