While folk are debating solutions for our problems, blaming foreign money and our immigration programs as the main culprits such as this article – Toronto, don’t let Vancouver’s housing crisis become yours. Whereby Josh Gordon, an assistant professor at the Simon Fraser University School of Public Policy writes about (and invited a lot of heated arguments): – Concern about foreign […]
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 […]
Real Estate Slowdown Already Started In Vancouver?
“London Bridge Is Falling Down”, sorry, it should be “Lions Gate Bridge Is Falling Down” because, The Lions Gate Bridge at dusk – Stanley Park to the left and North Vancouver to the right. Image Source Experts, investors see warning signs of real estate slowdown in Vancouver The Province – Jul 7, 2016 Still, there were already suggestions this spring […]
Home Sale Prices & Construction Business Exploded
No exaggeration. The yada, yada, yada are backed by solid facts: – Image Source Toronto-area home sale price jumps 16.8% in June CBC.ca – Jul 5, 2016 House prices in Toronto continue to surge as would-be buyers struggle with a lack of supply in a red-hot real estate market, according to a report released today by the […]
Home Prices Will Tumble Down Soon?
The real estate market is getting too hot, prices have reached insane level, our Liberal leaders wanted the house prices to drop … Image Source How Canada’s hot housing market is propping up GDP growth bnn.ca – Jun 30, 2016 The real estate and rental category measured as part of Canada’s GDP represents the output of real […]
Canadians are rich – Real estate: The pricier, the better
GTA luxury home sales up 34 per cent in 2014 Brutal winter has helped buoy demand for low-maintenance, high-end condos The biggest jump, surprisingly enough, was in the sale of $1 million-plus condos which skyrocketed by 53 per cent to the end of June over the same period of 2013 — gains beyond those seen […]