Vancouver was once the mecca for foreign money, which resulted in skyrocketing home prices, a bit like Auckland was until the foreign buyer ban. However, the worm has turned and now real estate developers are panicking as homes go unsold. Sounds like Kiwibuild, except the developers here had Phil and, now, Megan standing by with chequebook in hand to buy the unsold properties.
So here is a novel way for Megan to move the properties on and keep Genter happy at the same time.
“For every home you purchase we’re going to include a free Tesla,” said Celia Chiu, sales manager for Viridian Homes.
Developer Century Group is offering a Model 3 Tesla base model with each of the remaining 10 homes in its Viridian development overlooking the Nicomekl River.
The Teslas being offered are valued at CA$55,000. The promotion will be available starting Saturday, and it will continue until Oct. 31 or until the final 10 units in the development are sold.
Chiu said the remaining homes have been on the market for the last year, but the entire community has “been around for two years and with a market having kind of a subtle stall, we wanted to take it to the next level.”
The townhouse project contains 57 total units, each one featuring more than 2,000 square feet of living space and a pricetag starting at just over CA$1 million. […]
“An incentive like this does have to have a wow factor,” Chiu added.
Each of the remaining units comes equipped with an electric vehicle charging station, something Century Group president Sean Hodgins said in a release reflects the project’s “innovative design with energy-efficient capabilities.”[…]
CTV News
Go on, Megan – we taxpayers would be overjoyed to fund this as well as the Kiwifail houses.
