View Single Post
Old 07-28-2016, 03:28 PM   #173
Kjesse
Retired
 
Join Date: Oct 2003
Exp:
Default

Quote:
Originally Posted by Locke View Post
So Canada dragged their heels for a while apparently because they thought this would be good for Canada at some point, and it may well yet be, but what is China doing about seeing dollars and people, presumably highly qualified people, preparing for a mass exodus?
This is a really good point. I guess that the very wealthy Chinese are hedging their bets and prefer to risk a portion their money in overinflated Canadian properties than keeping the money elsewhere, including their own country. Also, their political system, while currently stable, has been subject to a few revolutions in the last century so they will know stories about what happens to your money when a revolution occurs.
Kjesse is offline   Reply With Quote