Comment by brightball
1 month ago
Wasn’t there a report in the last 10 years about China accounting for a huge portion of property sales in Canada? I thought I remembered seeing it was as high as 30% in some areas.
1 month ago
Wasn’t there a report in the last 10 years about China accounting for a huge portion of property sales in Canada? I thought I remembered seeing it was as high as 30% in some areas.
30% of house sales in Canada are not purchased in China, no.
Found the article. Vancouver specifically.
I believe this led to some legislation in 2023 to prevent or reduce foreign home buyers?
https://vancouversun.com/business/local-business/chinese-inv...