Foreign Buyers
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B.C. court strikes down lawsuit that claimed foreign buyers tax is unconstitutionalThe judge disagreed with the lawsuit's claim that the foreign buyers tax disproportionately targets Asian buyers, particularly of Chinese descent.Oct 26, 2019
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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.FeaturesApr 20, 2019
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Foreigners prefer newer condos in Metro Vancouver: studyA Canada Mortgage and Housing Corporation economist says 10.4 per cent of condos in B.C. have at least one non-resident owner.EconomyMar 13, 2019
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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."NewsAug 2, 2018
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Montreal turns into hot spot for Chinese real estate shoppers: Juwai reportMontreal 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.CanadaJul 4, 2018
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More than 1 in 10 homes are owned by non-residents in one part of Metro Vancouver: dataThe share of non-resident-owned homes in this part of the region is close to what it is in Whistler, a resort community.CanadaJun 28, 2018
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Are foreign buyers being ‘scapegoated?’ This B.C. senator thinks so"All of this focus... is pushing our politicians to come up with kind of knee-jerk responses to target and attack foreign buyers."CanadaApr 30, 2018
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One of these guys says foreign buying is an issue. The other, something quite differentVery different views of foreign buying from two sides of the aisle.CanadaJan 17, 2018
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In Vancouver, you’re competing with non-residents for condos worth as little as $600KFor condos valued at $600K and up, non-residents own at least 1 in 10 across Metro Vancouver.CanadaJan 10, 2018
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Foreign buyers ‘not the problem’ in Canada, says CEO of Chinese overseas real estate portalForeign 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.CanadaDec 21, 2017
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