View Single Post
Old 11-29-2013, 01:43 PM   #1698
MTV Cribs
14 dolla balla aint got nothing on me!
 
MTV Cribs's Avatar
 
Join Date: Jun 2002
Location: Vancouver
Posts: 610
Thanked 173 Times in 71 Posts
Failed 13 Times in 7 Posts
Quote:
Originally Posted by Gululu View Post
Truth is, foreign money only accounts for very little in all the transactions in our real estate market. Most of time, foreign buyer with cash purchases are only interested in top luxurious homes, not the 500k condo segments.
Maybe for your circle of friends and family that drives $500k cars. But they are many foreigners who are not as rich as the people you know who are buying the 500k condos and driving $50k Mercedes.
Posted via RS Mobile
MTV Cribs is offline   Reply With Quote