Hardly anyone believe only 5% of real estate buyers are foreigners Preliminary data collected by the B.C. government suggests only 5% of the recent buyers (last 20 days to be exact) are foreigners. Guess what, hardly anyone believe that is the case, many commented the 5% as flawed, misleading, obfuscatory, laughably incomplete and useless … downright […]
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 […]
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 […]
Brexit, Blame Games & Bubble Prevention
Pundits believe Brexit is a boon to our real estate market … Brexit and foreign money drive Canadian commercial property to all-time high Financial Post – Jul 5, 2016 Canadian commercial property has never been worth this much, according to a new report that says Brexit and foreign investment are driving the market. CBRE Canada, a […]
Vancouver – The Darling of Canada Real Estate
Vancouver, Vancouver, Vancouver. I always wonder why do foreign investors, particularly those from China are so obsessed with this city … Fengshui? Image Source Foreign investment has impact on Vancouver housing market, say researchers
Soaring House Prices – Blame The Foreigners
Deep-pockets from China seem to have gluttonous appetite for real estate in the Great White North … Chinese bought $1.3B of Canadian commercial real estate this year CBC.ca The Bentall Centre in Vancouver sold to China’s Anbang Group earlier this year, pushing Chinese investment in Canadian commercial real estate to a new high. Chinese investors top commercial-property […]