A report from a real estate market intelligence unit highlights a significant condo market collapse in Vancouver, with sales down 26% from the ten-year average and prices falling. The government plans to buy over 2,200 unsold condos amid this decline, but critics argue this bailout props up inflated prices and hinders market correction, preventing improved affordability for young buyers. A political campaign opposes the bailout, urging the market to self-correct without taxpayer intervention.

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