BREAKING NEWS! Real Estate Self Regulation is Over!

If you haven't heard Christie Clark's announcement on June 29th regarding the real estate industry, click or cut and paste the following link into your browser;

https://news.gov.bc.ca/releases/2016PREM0074-001180

She has announced that the government is ending real estate industry self regulation and handing those duties back to the superintendent of real estate. 

There is no news or ideas what it will look like, who will be responsible for what or when it will all happen.

In my opinion, although the decision has some good resolutions to safeguard the public, it is a red herring as it does nothing to help solve the hot issue of the unaffordability of homes in the Lower Mainland!

Political pandering?? I welcome your thoughts.