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Housing frenzy: Would-be buyers camp out for Ladner townhouses
Published Tuesday, August 16, 2016 2:46PM PDT
They don't go on sale for another four days, but that hasn't stopped would-be buyers for lining up to get a piece of the Lower Mainland's newest housing development. (CTV)
They don't go on sale for another four days, but that hasn't stopped would-be buyers for lining up to get a piece of the Lower Mainland's newest housing development.
Some of the half dozen people camped out and waiting in line for a Ladner townhouse development on Tuesday told CTV News they were holding spaces for other buyers, including a man who was waiting in line for his parents.
The first person in line, Tony Klymchuk, said he arrived on Monday at 6 a.m. in order to hold a spot for his son.
"That's what it takes just to get a home," he said. "[It’s] supply and demand."
Sitting in a folding lawn chair, realtor Sunny Lee said he was lining up for young clients who said they had been priced out of the Vancouver market.
"This is only one tunnel away from Richmond, and a lot closer than Langley or South Surrey," he said, adding that the young couple wanted to raise their family there.
The units at Fairwinds, a "seaside-inspired community" of 147 homes near the Ladner golf course, officially go on sale at noon Saturday.
The first phase of the Polygon development is 36 townhomes, with most around 1,300 to 1,400 square feet.
Once completed, the Hampton Cove community will feature a gym, outdoor pool and spa, guest suites, and a 12,000-square-foot clubhouse.
Pricing for the units has not been released.