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Brighter prospects for recreational property sales

Glen Korstrom , Business in Vancouver, Sept 11-17, 2012

Recreational real estate sales across B.C. are rebounding from an anemic 2011 while the Greater Vancouver residential property market continues to cool and is poised for one of the slowest years for sales in the past decade.

Landcor Data Corp. statistics for the first half of 2012 show a 22% jump in recreational property sales across B.C. to 1,079, compared with 883 in the first half of last year.

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BC Recreational Property Attractive To Chinese Investors

Andree Lau , The Huffington Post B.C, Oct 7, 2012

B.C.’s recreational property market is starting to see Chinese investors buying waterfront cottages and resorts as prices continue to cool. 

The Western Canadian Hotel & Resort Investment Conference held this week in Vancouver heard that offshore Chinese buyers are purchasing resort land to attract clientele straight from China. 

Graham Kwok, CEO of Character Capital Inc. and a former developer of ski resorts in China,

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What’s Next in Recreation?

Rudy Nielsen, Western Investor, May 2013

 

A good friend recently asked: “When will the B.C. recreational market recover?”

I checked the numbers (and my gut) and in my opinion, the wording is wrong. The market hasn’t crashed, there’s nothing to ‘recover’. Like all healthy markets, it has simply changed and like all healthy markets, best get aboard while you can and before the next round of ‘upside’ kicks in,

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The Rapid Consolidation of BC Agricultural Land

Rudy Nielsen, RI Input, Spring 2013 Poets, theologians, and sensitive types might disagree, but we humans must eat to live. We have no choice. Unless you’re skinned in chlorophyll or are a successful “breatharian” (supposedly able to live solely on fresh air and sunlight), we all need grub, calories. There are a lot of us—seven billion plus with more to come. Global population growth is finally trending down, but the UN estimates that 2045 will see nine billion hungry humans,

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Farmers hoarding land in B.C.: study

B.C. ranchers and farmers are positioning themselves to meet higher demand for local farmland, driven in part by expected food and water shortages, a new land assessment report says.

Although overall agricultural land sales are sluggish, when farms do sell the buyer is often the farmer next door, Landcor Data president Rudy Nielsen said in an interview. 

This “rapid consolidation” will create larger, more profitable farms that will increase in value as climate change reduces the amount of arable land,

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