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The documents show that in Cape Gray, there are nine buyers of luxury homes with a total value of C $57 million, all marked as “students”. Moreover, as the names of the owners of luxury houses are all Hanyu Pinyin, these nine students are likely to be Chinese!
David Eby also specifically mentioned a mansion on West 8th Avenue. In April last year, the mansion was bought by a Chinese student for 7.19 million Canadian dollars (36.4 million yuan). In May, the classmate “Xuan Kai Huang” sold the house for 8.35 million Canadian dollars, making a full net profit of 1.16 million Canadian dollars (5.85 million yuan).
The Vancouver Sun also mentioned that Canadian media group Postmedia tried to call the Huang student on Wednesday, but his voicemail was full.
This Huang student reminds me of another classmate named “Tian Yu Zhou”. According to a report in the Vancouver Sun in May, a registered Chinese named “Tian Yu Zhou” bought a luxury house in Vancouver’s Cape Gray for 31.1 million Canadian dollars (157 million yuan) earlier this year, which also set a record for the highest transaction price for a luxury home in Vancouver this year, shocked Canada. At the same time, the documents show that Tian Yu Zhou’s career is also a “student”.
From this point of view, Zhou students can be regarded as the first of the “Gray Point Nine Young people” (just kidding). At a press conference on Wednesday, David Eby also cited the party’s study of 172 residential transactions in the Cape Gray area. The data show that the owners of nine high-priced properties in the Wenxigai area are students, of which six are registered owners, and the other three are dual owners, which are jointly owned by businessmen and students, businesswomen and students, unmarked professionals and students.
In addition, the above documents also show that about C $40 million of the properties owned by the nine owners come from bank loans.