Asian Hot Money in Vancouver

Asian hot money can't get enough of Vancouver real estate

Category:

News & Politics

Tags:

• Asian Hot Money
• George Wong
• Aspac
• Richmond
• River Green
• Real estate
• boom. bubble
• bust
• collapse
• magnum projects

[southseacompany]

Ban foreign ownership! Canadians first!

[StupidSaid]

This story seems to suggest selling our country to foreigners, while we struggle to earn a buck through a recession, is somehow good for the average Canadian. Eh???

[TheDr604]

BUY BUY BUY LAND. If You Dont Buy The Chinese Will. There is no more land in vancouver. That is the truth.

[MaddDogg81]

don't turn it into chancouver

[warset]

@southseacompany they are pretty much all canadia permanent residence or canadian citizen, so the gov cant do anything about it

the only real solution is to limit immigration in general, but that would hurt taxation, CPP funding, and the canadian economy in general (because vancouver is not the only city in canada)

or we can do a vancouver-only tougher immigration policy, but that makes no sense, because to do that we need to set up fences around vancouver to block the rest of canada lol

[yourmain]

Asian hot money in Vancouver RE????? OMG WOW are you serious. That is so informative. A retarded 4 year old from Vancouver could have told told you that.

[gpabroon]

MEDIA MANIPULATION at its finest. Last week this story was repeated on several fronts. To me it shows a desperate attempt to quell rising sentiment among homeowners that the market is about to fall off a cliff.