Inside Canada’s vibrant Rio Olympic House by Yabu Pushelberg by Lauren Ro For the first time ever, the Canada Olympic House, the Rio home base for Canadian Olympians and their friends and family, was designed by Canadians. Ontario natives George Yabu and Glenn Pushelberg, who are best known for their luxury hotel, residential, and commercial […]
Nouveau Silk Road: From Middle Kingdom to The Great White North
Jonathan Manthorpe believes there is a direct line linking the explosive real estate bubbles in Toronto and Vancouver and how secure Chinese President Xi Jinping looks on his throne. How China’s Politics Messing Up Canadian Real Estate Markets The evidence — the vast amount of money being spirited out of China by relatives, friends and cronies of […]
New Taxes On Foreign Buyers Will Not Affect Vancouver Real Estate Sales In The Long Run
After predicting (actually complaining about) Vancouver will be a ghost town soon, and that Vancouver will belly up because no foreigner will come simply because there is 15% tax on foreign home ownership. Image Source Pundits have it there will be a spillover effect into other Canadian markets as a result of the new 15% tax on […]
The Real Estate Dilemma: Foreign Speculations, Backlash, and Alternatives
The Canadian Mortgage and Housing Corporation’s (CMHC) latest report warns of “problematic conditions” in the country’s largest housing markets. “In Toronto and Vancouver, this is due to the combination of price acceleration and overvaluation.” In an attempt to cool the most controversial housing markets – Vancouver, whereby average home prices has shot up more than 36% in just […]