Bravo festival condos floor plan. The housing crisis in Canada. It is well known that Canadian real estate is divided into independent houses and condo. As a real estate investment independent house is characterized by rapid appreciation, no management fee, decoration is much freer than condo, and in most parts of Canada, 70w can buy a good independent house five years ago.Please Visit: Bravo festival condos floor plan to Get Your VVIP Registration Today!
Now, there is no 150w do not go out to see the house. There must be fewer and fewer places to build detached houses, and there is still a policy without condo management fees.
Because of this, the Chinese buy a lot of property. The once prosperous real estate in Vancouver, Canada, has recently been inaccessible, with residents moving out of sellers. As international investment drives up house prices, Vancouver’s middle class can no longer consume expensive housing. The Canadian housing crisis is also happening in the best place to invest in Canada: two big cities of Vancouver and Toronto. Domestic situation in Canada: the Bank of Canada has long maintained a low interest rate of 0.5%, and the cost of buying a house from a bank loan has never been so low. Toronto and Vancouver in Canada are among the most livable cities in the world. Clean air and water, beautiful natural scenery, all make people linger. The jobs created by the two places far exceed the average in Canada and other big cities such as Montreal.
International situation in Canada: in Europe in the past few years, with the outbreak of the refugee crisis, the rift in the European Union has become more and more obvious, and terrorist attacks have occurred from time to time. On the other hand, Canada on the other side of the Atlantic is far away from disputes and seems to be a pure land outside the world. The Canadian government is better known for its friendly immigration policy, receiving more than 250000 people a year from 2011 to 2015 and raising the number to 300000 in 2016 and 2017. For new immigrants, more than half of them will choose to land in big cities such as Vancouver and Toronto.
By contrast, the price of a house in Toronto is relatively low compared with the big cities in developed countries. 10 million yuan can not buy a decent house in China, you can buy a pretty good independent house in Toronto. In just five weeks, about 1 billion Canadian dollars (5 billion yuan) of foreign capital flowed into Vancouver. In the 647-square-kilometer Grey Cape residential area, houses worth about 57.1 million Canadian dollars were bought by students with no financial means. There are 66719 vacant or temporary homes in Vancouver, more than double the number in 2001. “it is unreasonable to regard so many houses as commodities,” said Vancouver Mayor Gregor Robertson. “Housing is first for living and second for investment. The Vancouver government will do everything it can to ensure housing and strive to ensure the best use of housing.” Politicians in Vancouver are trying to ease international cash flows by taxing and filling leaks. It is understood that since August last year, the Vancouver city government has imposed a 15% tax on international buyers and encouraged international buyers to rent out their properties. It is believed that the more the future, the more comprehensive the relevant Canadian legislation.