Yep, tracking dirty money, and show me the laundered money … First thing first, Architecture Porn Mirrored ceiling makes this bookstore appear infinite in Hangzhou, China According Global News, Canada’s doors are ‘wide open’ for criminals to launder money in real estate Give us your criminal, your corrupt, your anonymous masses. Canada is sending to the […]
Montreal is the hotspot for African dirty money
They say the rich Chinese swamped to Vancouver to park their wealth and to certain extend, Toronto. Apparently the deep pockets African ruling elites are doing the same thing except not in Vancouver or Toronto, but our francophone regions in Quebec. I wonder if Robert Mugabe is part of the action? Montreal: the latest hotspot for […]
Canadian interest rates are the lowest in 5,000 years
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 […]
Affordability Complaints resulted in Real Estate Clampdown & Housing Crash Drills
As a result of damning allegations such as this, How Foreign Investors Are Using Drug Cartel Tactics in the Canadian Real Estate Market VICE – Jul 25, 2016 Canada’s freakshow real estate market has been drawing a lot of international attention as of late. A few weeks back I talked to an infamous Wall Street short seller who is […]
Foreigners Are Not The Root Cause For Canadian Housing Crisis?
Assuming “The Housing Crash Conspiracy Theory” is real, then foreign investors aren’t really the most significant factor. Because foreigners made up of just about 5% of the real estate purchases in Canada. That said, is 5% such a significant number (that can cause a severe housing crisis)? Want my money or not? Image Source Early data shows foreign nationals […]
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Canada’s principal economy is now real estate
Textbooks all over the world will have to be revised soon, that Canada’s economy is no longer natural resources. Our principal business is now real estate, particularly residential dwellings. While our speciality is neither an exportable commodity nor services, it is nonetheless a very high-tech thingy – a kind of super-duper technology simply known as “house-flipping” in […]