Bookmark and Share

Property Scandal: The Reality of Realty

A potential boom has gone bust in the Prince Rupert housing market. An apartment block has become the focus of a law suit in B-C. Roosevelt Apartments in Prince Rupert was lauded by a realty investment guru as a sure thing. But hundred of thousands of dollars in renovations later, the people who bought in want out. The same story applies to realty investors who bought into Crestwood Estates in Williams Lake. Now the buyers are threatening a class-action law suit against the man who convinced them to buy. For more on the story, we've reached Ethan Baron. He's a columnist with The Province and he joins Carolina with the story.

Download Flash Player to view this content.

To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.

Submission Policy

Note: The CBC does not necessarily endorse any of the views posted. By submitting your comments, you acknowledge that CBC has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that comments are moderated and published according to our submission guidelines.