Vancouver Condo NIGHTMARE: Why Some Owners Can’t Sell, Can’t Rent, and Worst — Can’t Hold It
✅ What’s Actually Going On (And Why It’s Not Pretty)
In the video “Vancouver Condo NIGHTMARE! Can’t Sell. Can’t Rent. Can’t Keep It”, I break down a brutal reality: a massive wave of new-build and resale condos where cash flow doesn’t work, demand is tanking, and the risk is very real. youtube.com
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Inventory is suddenly everywhere. Buyers have faded — and that means lots of sellers competing over very few motivated buyers.
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Rents are soft. Many of these buyers hoped to rent out, but the numbers don’t hit like they used to.
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Carrying costs are crushing. When mortgage + strata + vacancy risk stack up, you’re bleeding.
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Long-term hold? Not always a plan. If you can’t rent it or sell it, what’s your exit?
That’s not a “bad deal” — it’s a ticking liability.
✅ Why This Is Happening (From the Inside)
Here’s what I know, as someone who’s been in this market deep — and not just as an agent, but also a construction-guy turned realtor:
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Speculative buyers misread the market. Many jumped into pre-sales assuming constant appreciation. But with inventory surging, that play-breaks fast.
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Strata fees + interest costs aren’t understood. People forget: higher interest rates + big strata costs = no magic cushion.
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Relying on future rents is a huge gamble. To make the numbers work, many bet on rent growth or consistent tenants. But that bet is failing when vacancy climbs.
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Lack of an exit strategy. If your plan was “buy now, sell later for profit” — but later never shows — you’re cornered.
✅ Who’s in Trouble — And Who Can Win Right NOW
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At risk: Investors with speculative condos, especially new-builds, who are banking on rent or flip to bail them out.
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Strong position: Buyers with capital, long time-horizons, or real demand use-cases (you live in one suite, rent another).
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Opportunity for smart sellers: If you list now with a solid pro — someone who knows how to position a “liability” as a “discounted opportunity” — you can attract serious buyers and minimize your downside.
✅ My Strategic Advice (Told Like It Is)
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Price for the new reality. Overpricing a condo that’s already hard to rent or sell? That’s suicide. Be aggressive on price and you’ll outsell the scared ones.
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Fix what people don’t see. Strata leaks? Bad appliances? Work with a contractor (or my construction-expertise) to solve deal killers.
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Structure your offer to force urgency. Use deal deadlines, bonus incentives, or flexible terms to attract the buyers who can act.
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Work with someone who knows construction + real estate. I catch red flags other agents miss — foundation, permits, hidden cost? I see it all.
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Have an exit strategy — or better yet, two. Either you hold with renter(s), or you flip. Not having both means massive risk.
📞 Here’s the real lever: If you’re holding a condo that feels like a dead weight — or thinking about jumping into one — you need a game plan. Let’s build one together.
Book your 30-minute strategy call now — we’ll break down where you're vulnerable, where you could win, and the moves to get out or double down smartly.
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