3 ms·
Doesn't China own most of the real estate in Canada. Did USA cause that
by petcat 10mo ago
Doesn't China own most of the real estate in Canada.
Did USA cause that
- Cornbilly 10mo ago>Doesn't China own most of the real estate in Canada. No.
- rjrjrjrj 10mo agoWeird whataboutery
- Supermancho 10mo agoFor a time there was a large amount of Chinese money fleeing to Canada and the US, buying up coastland and other high value residential. Circa 2018ish, that reversed due to Xi Ping's mandates. Near Seattle, the Bellevue luxury market bottom fell out over a month long period. AFAIK, it never fully returned to the hey day levels of spending.
- maxglute 10mo agoUS buyers owns like 10x more real estate in Canada in $$$ terms than PRC buyers, and US tends to buy the strategic stuff like commercial/industry, something like 50% of all foreign controlled assets in Canada is controlled by US. VS PRC mostly buying houses, foreigners own like 5% of housing stock in Canada.
- fooster 10mo ago> Doesn't China own most of the real estate in Canada. No. Why would you claim something that is easily refuted? 75-80% of all residences in Canada are owner occupied.