Real Estate Talks

As has been said, foreign buying is a small part of the market. Could be pushing up prices in some areas. But, are they paying a million for a house in McDonalds parking lot? :mrgreen: The real problem is the lack of supply. How high does prices have to go before enough supply comes online? When wi...

so.... does this mean Vancouver real estate will go even higher?

it only means money will come to real estate, actually it is already happening. Just ask the big names Chinese realtors in Vancouver.

I tried to find the new source too - nada I guess you can't wait to become millionaire, here is part of it on Wall Street and CNBC, the full article was on China's securities times, in Chinese, I guess you and Rofina have different reason to get anxious :D :D http://www.cnbc.com/id/102708675 http:/...

Chinese yuan is on path to be included as SDR by IMF later this year. To make this happen, China is planning to allow its businesses and citizens to invest up to 40 trillion yuan of the country's 110 trillion yuan domestic savings directly into foreign companies, stock market and residential propert...

Follow the Chinese. ETB may not agree, but IMHO, the Chinese make him look like a genius. Buy near good schools because the Chinese will kill for a spot for the sake of their children's education. Stay away from places like Abbotsford, Prince George. Canadians are so much buried in debts, and what i...

According to Ming Daily, a house on the 1300 block of W 32rd in Shaughnessy was sold around 2 million dollar over asking. City assessment of the house was just over $5 million, the listing price was $5.99 million. 11 offers from Chinese buyers were submitted, none of them has any subject and only th...

When Linda Vida sold her house in the Oakland hills this summer, she was hoping for a buyer who would live there, put kids in the local schools and “give back or participate in the community,” she says. However, “as is very typical these days, a woman from China paid all cash for the house, and is n...

Vancouver or Canada is far from the only one for sale to the Chinese. Check this website: Vendereaicinesi.it, translation: sell it to the Chinese. This is a website in Italy that facilitate sale of Italian assets or businesses to the Chinese. There are currently 18,000 for sale ads on the website. I...

In a sleek black display room in downtown Melbourne, Adrian Sum is getting ready to launch construction of his first joint venture Australian apartment project. Mr Sum controls the purse strings of one of China's largest property developers, and the striking 63-level, 633 unit high-rise Eq Tower is ...

Here is latest news from Hangzhou, home of BABA, the city is running out of 10 million RMB condos (1.5 million dollar $USD to be exact) for sale. More than 11,000 employees have been granted BABA stocks. If cashed out at IPO price, on average, each employee will get USD $4.22 million. The stock actu...

A few hundred people camped for a new single house development in Bayview Hill area of Richmond Hill 5 days before opening. Starting price: 1.4 million. guess who are those people?

As the Chinese wealthy stash more of their fortunes overseas, they are bidding up the value of everything from bitcoins and Burgundy to Picassos and pink diamonds. And, increasingly, China’s rich are also offshoring their families along with their cash. That has created a real-estate boom in an unli...

In other news, Canada and Hong Kong had long stopped accepting investors immigrants. And the U.S. has just frozen its program for 2014.

Stay tuned.

Thanks to surging demand among China’s wealthy, the U.S. is expected to run out of a type of visa awarded to foreign investors for the first time in the history of the 24-year-old program. The so-called EB-5 visa program has helped New York City real estate developers fund a number of high-profile p...

The Chinese are on the move. In 2014, a record number of Chinese, 100 million, are expected to travel abroad, an army roughly as big as Mexico’s population. They will visit family and friends, and real estate agents as well as tourist sites such as the Great Pyramids, Buckingham Palace, the Eiffel T...