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Real Estate Professional | 13 Apr 2015, 08:25 AM Agree 0
Oliver: No action needed on housing market... Canada housing starts higher than expected... Property sales stoke fears of money laundering in Van City...
  • Davan | 13 Apr 2015, 01:59 PM Agree 0
    It is time that the government be transparent with people and release the data that how much (exact) funds are invested into canadian real estate by foreigners ,newcomers and new immigrants.
    It is time to tell people why is real estate is very hot where it is becoming more and more unaffordable for canadian citizens.
  • | 13 Apr 2015, 07:30 PM Agree 0
    Don't blame the Chinese for buying up our homes and paying unbelievable
    prices....blame our lame duck federal government for allowing non-citizens
    to speculate in our precious housing market without paying a higher tax or
    an upfront % of the purchase price. There is no reciprocity agreement with
    China yet China has a tax on their own investors when they speculate in China's
    housing market. Tina Mak said it best...this is just the beginning!....if this is just
    the beginning our younger generation is screwed...Don't blame the Chinese,
    blame the federal government of Canada for not implementing laws that curb
    foreign investment in housing without a form of taxation to make it harder to
    profit off our precious housing market.
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