Vancouver Mayor FREAKS OUT As $125,000 Condo Fees Spark MASS BANKRUPTCIES!

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Vancouver's development fees on new condos have reached an average of $125,000 per unit according to the Canadian Home Builders' Association — the highest of any Canadian city. This video breaks down exactly how these fees impact YOUR purchase price, YOUR mortgage payment, and YOUR monthly costs as a condo buyer or owner in Metro Vancouver.

We analyze CMHC data showing the fee breakdown: City DCLs ($28,000), Metro Vancouver regional charges ($13,400), TransLink fees (~$1,730), and community amenity contributions that can add $20,000-$50,000+ depending on location. Combined, these charges represent 12-15% of a typical unit's sale price and over 20% of construction costs.

The impact on Vancouver's housing market is significant. Housing starts dropped over 20% in early 2024. Condo project cancellations were 5-10x higher in 2024 compared to 2022. Approximately 14,600 approved units remain stalled in the development pipeline. This video examines how high fees affect both new construction and resale condo values across Metro Vancouver.

Essential viewing for Vancouver condo buyers, GTA investors comparing markets, and anyone tracking Canadian real estate trends in 2025.

🔗 VERIFIED SOURCES:
Development Fee Data:
City of Vancouver DCL Bulletin: https://guidelines.vancouver.ca/bulle...
Metro Vancouver Regional DCCs: https://metrovancouver.org/about-us/D...
MLA Canada - Vancouver Development Fees Analysis: https://mlacanada.com/newsfeed/paying...

Market Impact & Construction Data:
CMHC - Development Charges Report 2025: https://www.cmhc-schl.gc.ca/observer/...
City of Vancouver CAC Annual Report 2024: https://vancouver.ca/files/cov/Annual...
Industry Analysis:
CHBA 2022 Municipal Benchmarking Report: https://www.chba.ca/2023/01/23/2022-c...
Storeys - Vancouver CAC Increases: https://storeys.com/city-of-vancouver...
UDI Budget Letter 2025: https://udi.org/pdfs/2025-11-07-UDI-L...

📊 All statistics from CMHC, CHBA, City of Vancouver, and Metro Vancouver official sources.

Every claim verified with primary sources.

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Disclaimer:
We’re real estate enthusiasts—not licensed agents, appraisers, or financial advisors. All content is based on publicly available data, market observations, and personal opinions, and is shared for entertainment and general information only. Accuracy isn’t guaranteed. Always consult a qualified real estate professional, attorney, or financial advisor before making any property, investment, or relocation decisions.This video provides fact-based analysis without political bias—just economics, data, and real-world impact on families, developers, and the construction industry.