Comment by waterheater
2 years ago
Disinformation? Come on, man.
Here's articles on what the situation was.
2015 - "Vancouver house-buying frenzy leaves half-empty neighbourhoods": https://www.theglobeandmail.com/news/british-columbia/vancou...
2016 - "One-Third Of Vancouver’s Real Estate Market Is Owned By Chinese Buyers": https://www.fortunebuilders.com/one-third-of-vancouvers-real...
2016 - "China is buying Canada: Inside the new real estate frenzy": https://macleans.ca/economy/economicanalysis/chinese-real-es...
Today, the situation is under control because Canadian governing authorities appear to have implemented effective policies.
2022 - "'Astonishing' drop in number of empty homes not occupied by 'usual' residents in Metro Vancouver: Census": https://vancouversun.com/news/local-news/astonishing-drop-in...
2023 - "Chinese Real Estate Investors in Canada – Is Their Ownership Now Less than 4%?": https://precondo.ca/chinese-investment-in-canadian-real-esta...
>Empirical evidence does not support your claim.
Actually, empirical evidence does support my claim, further supported by clear and effective policy reactions taken by Canadian governing authorities.
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