Affordable housing: Would copying New Zealand’s foreign buyers ban help?
Is housing about making money or having a place to live? It’s time to talk, says the Canada Research Chair in urban change and social inclusion. Continue reading
Foreign Buyers
Foreigners prefer newer condos in Metro Vancouver: study
By Emily Lazatin Reporter
A Canada Mortgage and Housing Corporation economist says 10.4 per cent of condos in B.C. have at least one non-resident owner. Continue reading
New survey finds 90% of residents agree there’s a housing crisis in Metro Vancouver
“We’re the only place in the country where the vast majority of us choose housing as the number one issue.” Continue reading
Montreal turns into hot spot for Chinese real estate shoppers: Juwai report
Montreal was the hot Canadian real estate market for Chinese nationals last year as interest slipped in Toronto and Vancouver following the introduction of foreign buyers taxes, says a report from a website for buyers of overseas properties. Continue reading
More than 1 in 10 homes are owned by non-residents in one part of Metro Vancouver: data
The share of non-resident-owned homes in this part of the region is close to what it is in Whistler, a resort community. Continue reading
Are foreign buyers being ‘scapegoated?’ This B.C. senator thinks so
By Simon Little Online Journalist
“All of this focus… is pushing our politicians to come up with kind of knee-jerk responses to target and attack foreign buyers.” Continue reading
One of these guys says foreign buying is an issue. The other, something quite different
By Jesse Ferreras Online Journalist
Very different views of foreign buying from two sides of the aisle. Continue reading
In Vancouver, you’re competing with non-residents for condos worth as little as $600K
For condos valued at $600K and up, non-residents own at least 1 in 10 across Metro Vancouver. Continue reading
Foreign buyers ‘not the problem’ in Canada, says CEO of Chinese overseas real estate portal
By Jesse Ferreras Online Journalist
Foreign buyers are “just a straw man for a country that refuses to recognize that cheap credit for local investors is the real reason prices are rising,” she said. Continue reading
Foreign buyers may not live in Vancouver, but their money sure does: StatsCan
By Jesse Ferreras Online Journalist
A non-resident-owned condo in Metro Vancouver is valued over 30 per cent higher, the agency said. Continue reading