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Originally Posted by Mr.HappySilp

Chinese buyers target B.C. hotels and resorts | Hospitality and Tourism | Business in Vancouver

Chinese investors scoop up Okanagan resort near Kelowna | Peter Mitham | Business in Vancouver

there are better news about this on the Internet but mostly is in Chinese

There are way more where this came from. If you have the time try digging or looking for commercial/business properties sales. That's where the wealthy Chinese are investing in. Of course there are other wealthy people from other countries too but right now Chinese is the number 1 (I think for the last few years it was the Russians, Europeans and maybe Duhai)

Biv is a shit news source.

I don't doubt there are some purchasing by foreigners, as there are in the world generally. And they're welcome to it, shit returns. Commercial real estate is all about yield... In a time of impending rate raises, I hope to god they can do something about the returns on it.

They're also welcome to make mega hotels on the route, there's nothing else there, and it won't make any money. And those locals who lose their businesses, they can just vote in new politicians that may actually do a better job representing them vs their own economic benefits, but I wouldn't hold my breath on that.