Vancouver’s real-estate market has imploded, so now you can get a $400,000 condo with a side of avocado toast. A Metro Vancouver developer is enticing Millennials to buy one of its 116 condos at a Coquitlam project by reducing the down payment to just 10 per cent from the customary 15 or 20 per cent and offering a year’s supply of free avocado toast. Article Continued BelowIn Vancouver, other condo developers have offered to pay for interior decorating, several months of strata fees or even cover some mortgage payments. Before the Vancouver real-estate bubble burst, the condo pre-sales market was particularly speculative in nature, said Ryan Lalonde, president of MLA Canada, a condo marketing firm. And no, you don’t have to order the avocado toast.

Source: thestar April 25, 2019 00:52 UTC