Chinese Spreading Wealth Make Vancouver Homes Pricier Than NYC
“Foreign investment in Vancouver residential real estate is showing no signs of slowing,” said Gregory Klump, chief economist of the Ottawa-based Canadian Real Estate Association, in a May 9 report.
While education for children often is the primary goal, some immigrants just want to move money out of China because they don’t feel it’s safe.
Vancouver is very high on the list for Chinese invest their assets out of China. They cannot bear the cold weather in Toronto & according to this report, Vancouver has the best schools.
Click "Chinese Spreading Wealth Make Vancouver Homes Pricier Than NYC" to read the Bloomberg full report.
Tina Mak
Vancouver Radio Realtor
The Bridge from East to West since 1992
www.TinaMak.com
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