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Old 02-15-2016, 05:48 PM   #4892
Hondaracer
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Quote:
Originally Posted by StylinRed View Post
Id like to know what sort of work all these new buyers are in though, to be able to afford a mortgage for a $1.5m+ home, there doesn't seem to be enough jobs offering $225k+ a year income, or even 112.5k+ (for a couple)... or are a lot of these buyers just qualifying for mortgages thanks to shady brokers, and the rest are renting out rooms
according to this article, they are all housewives and students:

In a six-month period, 70% of detached homes sold in Vancouver?s west side went to Mainland China buyers

i hate to post anything with that fucking clown david eby in it, but seems to be some actual research behind the findings
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