Tuesday, November 26, 2013

Vancouver Real Estate


2020  Mass Market Update

International students are still in Asia, Europe, India etc.... and too many vacant units having negative cash flow each month.  Many owners are dumping their vacant units thinking the prices will continue to fall.  Many young ones are also returning to live in their parent's homes in order to save money as their incomes have been reduced.  Many people want to move out of crowded high density condo buildings with common elevators, common facilities (especially in downtown) and live in private homes or further out in the suburbs.  -- October 2020

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"In Hong Kong, Metro Vancouver real estate is big news"


World


Vancouver benefits from influx of mainland migrants, says mayor

Vancouver Mayor Gregor Robertson says a flood of mainland Chinese immigrants, tourists and investors is creating new economic development opportunities in the Canadian port city, not driving up property prices, as some city residents have complained.
13 Nov 2013 - 2:39am
























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