Globe and Mail: New study- Vancouver housing market fuelled by Chinese buyers

Posted in: , , ,

Nov 2, 2915 | Kerry Gold | Globe and Mail

Quote: “Mr. Eby noted other MLAs could also collect data to determine whether the pattern repeats itself throughout the region.

“Constituents were telling me there were a lot of houses being bought and sold in their neighbourhood, and they didn’t even see the neighbours move into a house before it was sold again,” Mr. Eby said. “So it makes sense to me now that we have the data, to see this astronaut family phenomenon of mom and kids being brought over from mainland China.”

Read full article: http://www.theglobeandmail.com/news/british-columbia/vancouvers-housing-market-fuelled-by-chinese-buyers-study/article27064577/