Quote:
Originally Posted by Winsor_Pilates
I read this earlier, and it's nice to see some numbers on this.
Especially here in Vancouver, it's really tiring to hear the same argument over and over about half of downtown condos being foreign owned and other exagerations like that.
Wealthy immigration on the other hand is a huge factor.
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This is CMHC only, I would think that most condos purchases from overseas owners would not be using CMHC financing. I am surprised the article did not indicate that.