View Single Post
Old 08-08-2011, 12:03 PM   #620
afc wimbledon
Franchise Player
 
afc wimbledon's Avatar
 
Join Date: Jan 2010
Location: east van
Exp:
Default

Quote:
Originally Posted by oilyfan View Post
Just as an aside in this discussion Vancouver is a bit of a different story especially over the last few years. Vancouver is seen as a very attractive market for housing for Hong Kong/Chinese well to do. There is a lot of Chinese money flowing into Vancouver, there is a long history there and a well established community to support this flow. When I travelled in China/HK recently I met a few people who told me they had condos/houses in Vancouver that they use as summer homes or for their kids education.
Apparently some of the best Cantonese cuisine restaurants in the world are in Richmond.
Vancouver is massively over priced and utterly reliant on Chinese money, Chinese money will turn off like a tap this year in a time of uncertainty and Vancouver will drop like a stone.
afc wimbledon is offline   Reply With Quote