PROPOSED CHANGES TO THE BRITISH COLUMBIA REAL ESTATE INDUSTRY
Posted by Denise Brown on
Over the past 15 years, British Columbia Real Estate has seen a large increase in housing prices. Such radical changes have raised concerns regarding housing affordability, availability, investment, the dangers of an unsustainable market and the current self regulation of the real estate industry.
Many separate entities share concerns surrounding the current conditions, in turn, depicting the need for review and proposed change. The Real Estate Council of British Columbia commissioned an independent assessment to examine specific concerns. The assessment focused on key problematic areas that could contain regulatory weaknesses. Examples of such areas include transparency and ethics, compliance and consequences, governance and structure, and licensee…
1218 Views, 0 Comments