Quote:
Originally Posted by Tapioca
Canada has friendlier immigration policies than any other developed country in the world (and generous social programs which allow the children of immigrants to be educated here at incredibly low costs) and Vancouver will remain an attractive place for the Chinese because of the high population of Chinese already here.
Plus... the underground economy is huge here. Some of that money has to get clean and once it's been through the restaurant and service industry, eventually it goes into real estate.
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America brings in more immigrants... Those other reasons are no different from other cities, as for nice for Chinese, ya it is, so is San Fran, LA, New York (all places with more Chinese people)... Also a bit of immigration doesn't make for high property value increases, locals drive property prices.
I think all of this has been addressed in this thread previously