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South Forest Hill Residences reviews.Be careful if you can't afford to buy a home overseas

South Forest Hill Residences reviews.Be careful if you can’t afford to buy a home overseas

Posted on August 2, 2022

South Forest Hill Residences reviews.Be careful if you can’t afford to buy a home overseas. House prices in major cities in Canada have been rising, especially in traditional immigrant cities such as Toronto and Vancouver.Please Visit: South Forest Hill Residences reviews to Get Your VVIP Registration Today!

The price of houses in cities such as Vancouver is almost one a day, especially the school district rooms in the district next to famous universities and brand-name primary and secondary schools, which are rising so fiercely that many teachers who apply for jobs are even daunted.

Canadian house prices are inflated, not only the local wage earners complain, but also the well-paid famous school teachers have a hard time. Last fall, 18 teachers turned down positions at the University of British Columbia (UBC), a prestigious university in Vancouver. This year, the recruitment of teachers in many schools in Vancouver is once again facing difficulties, and the attitude of teachers is very clear-the house price is too high to live in, and would rather choose “an affordable place”.

Because of the great pressure at work, young teachers want to live close to the school, preferably by bike or on foot. They do not want to commute for more than 30 minutes. “but now it seems that this wish can hardly be realized.” To solve this problem, UBC provides mortgage insurance and mortgage programs for employed teachers, the newspaper wrote. But critics say the amount of mortgage protection provided by the school is too small, a drop in the bucket compared with house prices, and that the current program is only open to a small number of key hires.

According to the latest data from redfin.com, a Canadian online real estate company, 5173 homes were sold in Vancouver in March, up 24% from February and 27.4% from the same period last year. The average price of residential real estate was 815000 Canadian dollars (4.164 million yuan), an increase of 23.2% over the same period last year.

Different from the way primary and middle school students choose schools in China, Canada all adopts the principle of enrollment nearby. As long as parents or students buy or rent real estate in a certain school district, they can register in the corresponding school.

“there are also some special circumstances, such as parents who are not satisfied with the school and can move to live near the ideal school as soon as possible, and then sign up for the new school with documents such as receipts for paying water and electricity bills at their new address.” Thousand fathom’s mother told reporters. In addition, the school will unconditionally accept all students from the corresponding community, open to the public when seats are available, and queue up when supply falls short of demand. Pan said that some popular schools often have a long waiting list, and if parents want to qualify for admission by buying school district housing, it is best to check in advance to see if the school is full.

According to data released by the Fraser Institute, the top three schools in the Greater Vancouver area in 2016 were University Hill Middle School, Rhode Boying Middle School and Prince of Wales Middle School. University Hill Middle School, located on the campus of UBC University, is the number one public high school in British Columbia, and it currently has about 15% of its international students, 60% of whom are Chinese.

Due to the increasing number of Chinese immigrants in recent years, Vancouver has not only a large army of Chinese real estate speculators, but also a large team of Chinese real estate agents, many of whom are not fluent in English and can only be agents of buyers most of the time. I can’t act as an agent for the seller.

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