Quote:
Originally Posted by EvoFire
There's a lot of talk about foreign money how it is or isn't contributing to the prices/economy, but I don't see a lot of talk about how it's measured.
There are lots of landed immigrants/Canadians who spend foreign money in Canada, is that counted?
Are we only counting those we aren't citizens but live here?
Do we count those who are citizens but don't live here, however still own property in Vancouver?
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Went to the pre sales event for the apartment. Most people line up getting general info about the whole process, tons of people line up to get extra parking/storage but none line up for the mortgage at all. It seems people don't really need a mortgage at all.
The sad part? 99% is all Asian.