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From what I've heard and read, the numbers released by the province were debunked and rejected by pretty much everybody. Having visited a few times, I don't see
by lawnchair_larry 9y ago
From what I've heard and read, the numbers released by the province were debunked and rejected by pretty much everybody. Having visited a few times, I don't see how the number could possibly be so low.
- torAnon 9y agoIts because they don't record the all too typical situation of a Canadian Citizen with financing via foreign relatives/friends. Eg. Chinese family has one member whose been granted citizenship. They all come together to pool money, transfer it to the Canadian relative, purchase together, profit(for now). All thats recorded is a Canadian purchased a home, "how" they purchased is not yet a government issue. The government/banks/real estate industry has known about this for years...