Tsur Somerville ofUBC’s Sauder School of Business was quoted in a Global News story about the marketing tactics used by a Victoria realtor.
The realtor used a flyer saying “Investors and foreign buyers want your property!”
“I think baby boomers are likely to be the bigger long-term demand in a market like Victoria,” Somerville told Global News. “It’s traditionally been a destination for people when they retire, and we have a whole bunch of retirees starting to come through the pipeline.”