Comments on: A Brief History of Foreign Buying of Vancouver Real Estate https://betterdwelling.com/city/vancouver/a-brief-history-of-foreign-buying-of-vancouver-real-estate/ Canada’s Fastest Growing Real Estate News Source Fri, 31 Mar 2023 19:24:42 +0000 hourly 1 By: AJ https://betterdwelling.com/city/vancouver/a-brief-history-of-foreign-buying-of-vancouver-real-estate/#comment-89731 Fri, 31 Mar 2023 19:24:42 +0000 https://betterdwelling.com/?post_type=bd_property&p=6818#comment-89731 Really an eye opener!
there is no way an average joe can compete against that money….

]]> By: More Young Foreign Buyers Are Taking Out Mortgages For Canadian Real Estate… Kind Of | Better Dwelling https://betterdwelling.com/city/vancouver/a-brief-history-of-foreign-buying-of-vancouver-real-estate/#comment-9419 Wed, 07 Feb 2018 19:43:21 +0000 https://betterdwelling.com/?post_type=bd_property&p=6818#comment-9419 […] We’ve done a whole write up on how smurfing works, but the gist is you borrow other people’s capital allowance. This increases your US$50,000 capital export limit, to an amount limited only by the number of people you can find to smurf money for you. From 2014 to 2016, one of the largest capital migrations in history occurred, with over US$1 trillion leaving China. Much of this ended up in real estate, an asset that has a long history of being used as an inflation-sensitive hedge in Vancouver. […]

]]> By: Dodging Canadian Foreign Buyer Taxes: A Guide To Exploiting Loopholes For Fun and Profit | Better Dwelling https://betterdwelling.com/city/vancouver/a-brief-history-of-foreign-buying-of-vancouver-real-estate/#comment-6890 Fri, 10 Nov 2017 14:59:24 +0000 https://betterdwelling.com/?post_type=bd_property&p=6818#comment-6890 […] real estate isn’t nearly as sought after as Vancouver real estate. It just doesn’t have the same history of being used as an informal investment market in Asia. It does have a lot of locals with deep pockets, an unwavering belief that the city is the best city […]

]]> By: No, Montreal Real Estate Is Not The Next Vancouver Or Toronto. Here’s Why – Today's News https://betterdwelling.com/city/vancouver/a-brief-history-of-foreign-buying-of-vancouver-real-estate/#comment-5880 Sun, 24 Sep 2017 17:06:47 +0000 https://betterdwelling.com/?post_type=bd_property&p=6818#comment-5880 […] In Vancouver, these homes aren’t purchased aren’t for living in. You buy them, and sell them when you need money. Just like the gold bars you have stashed away in a Swiss bank account. Census numbers peg the number of vacant, or occasionally occupied homes in Metro Vancouver at a mind boggling 66,719. An analysis we did last fall showed that 1 in 10 homes being resold had never been lived in, as identified by the seller… some for over 20 years. Don’t take my word for it though. The world’s most powerful banker, and Canada’s largest developer have already explained Vancouver real estate is used this way. […]

]]> By: Chinese Warn The Dangers of Buying Canadian Real Estate… Like Raccoons and Bears | Better Dwelling https://betterdwelling.com/city/vancouver/a-brief-history-of-foreign-buying-of-vancouver-real-estate/#comment-5447 Thu, 31 Aug 2017 11:48:40 +0000 https://betterdwelling.com/?post_type=bd_property&p=6818#comment-5447 […] developments. Marketing Canadian condos in Hong Kong is nothing new, it’s been happening for decades in Vancouver. Heck, some projects are even promoted on the side of Hong Kong mini-buses, alongside ads for US$1 […]

]]> By: Canada condo prices all-time high – APG Editorial https://betterdwelling.com/city/vancouver/a-brief-history-of-foreign-buying-of-vancouver-real-estate/#comment-5380 Sun, 27 Aug 2017 21:10:02 +0000 https://betterdwelling.com/?post_type=bd_property&p=6818#comment-5380 […] context, that means prices rose more than Vancouver over the past year – a city where condos are  arguably treated as an impromptu international currency […]

]]> By: Canada condo prices all-time high - North County Daily News https://betterdwelling.com/city/vancouver/a-brief-history-of-foreign-buying-of-vancouver-real-estate/#comment-5375 Sun, 27 Aug 2017 10:23:53 +0000 https://betterdwelling.com/?post_type=bd_property&p=6818#comment-5375 […] context, that means prices rose more than Vancouver over the past year – a city where condos are  arguably treated as an impromptu international currency […]

]]> By: Canada condo prices all-time high https://betterdwelling.com/city/vancouver/a-brief-history-of-foreign-buying-of-vancouver-real-estate/#comment-5373 Sun, 27 Aug 2017 09:40:40 +0000 https://betterdwelling.com/?post_type=bd_property&p=6818#comment-5373 […] context, that means prices rose more than Vancouver over the past year – a city where condos are  arguably treated as an impromptu international currency […]

]]> By: Canada condo prices all-time high – ADC Voice https://betterdwelling.com/city/vancouver/a-brief-history-of-foreign-buying-of-vancouver-real-estate/#comment-5372 Sun, 27 Aug 2017 08:26:27 +0000 https://betterdwelling.com/?post_type=bd_property&p=6818#comment-5372 […] context, that means prices rose more than Vancouver over the past year – a city where condos are  arguably treated as an impromptu international currency […]

]]> By: Condos Prices Across Canada Hit An All-Time High | Better Dwelling https://betterdwelling.com/city/vancouver/a-brief-history-of-foreign-buying-of-vancouver-real-estate/#comment-5329 Thu, 24 Aug 2017 13:55:01 +0000 https://betterdwelling.com/?post_type=bd_property&p=6818#comment-5329 […] The largest monthly increase was also seen in a GTA suburb, this time Guelph. The benchmark price of a condo in Guelph was $289,600 in July, a massive 7.29% from the month before. Annual price increases for condos in the city work out to 23.3%. For a little context, that means prices rose more than Vancouver over the past year – a city where condos are arguably treated as an impromptu international currency. […]

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