VREP #471 | Four Decades of Market Wisdom with Polygon's President & CEO Neil Chrystal
Description
After 38 years of building homes in Vancouver, Polygon President & CEO Neil Chrystal knows a thing or two about market cycles. Spoiler alert: he's finally seeing signs of recovery in a downturn he believes has been even more severe than the infamous leaky condo crisis of the late 1990s. Neil sits down with Adam & Matt this week to share battle-tested insights on navigating Vancouver's challenging housing market and reveal the reputation-building strategy that's helped Polygon weather every storm from the 80s to today.
From the new GST relief for first-time buyers to why foreign buyer bans are backfiring, this conversation cuts through the doom and gloom to reveal where smart money is moving. Neil breaks down why townhomes are selling while towers sit empty, and explains why now might actually be a generational opportunity to buy.
Is it always darkest before the dawn? Why have investors completely disappeared when they're usually bottom-fishing by now? And what's the one factor that makes any real estate investment a winner in Neil's eyes? Don't miss this veteran builder's take on surviving Vancouver's toughest housing market in 25 years.
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