Western cities fighting back against Chinese real estate investments

Western cities fighting back against Chinese real estate investments


MARIA: A TRADE WAR WITH CHINA MAKING HEADLINES BUT WESTERN CITIES BEGAN THE BATTLE OVER CHINESE FOREIGN LAND INVESTMENTS, PROPERTY PURCHASES GOING FROM 5 BILLION IN 20105 TO $100 BILLION IN 2016 DRIVING A PROPERTY PRICES AS A RESULT. IN BRITISH COLUMBIA, THE JOURNAL TODAY, CHINESE INVESTORS BOUGHT SO MUCH PROPERTY THE PRICES WERE ESCALATING AT A CLIP OF 30% BUT THESE CITIES ARE STARTING TO FOREIGN BUYERS AND WHEN TORONTO, IMPOSED A TAX ON FOREIGN BUYERS AND SEASIDE AND THE INTERESTING THING IS WHY IS IT HAPPENING? THE MIDDLE CLASS IN CHINA IS ACCUMULATE WEALTH AND TRY TO PARK IT OUTSIDE THE COUNTRY. YOU SEE OPPORTUNITY, I WAS A CHINESE NATIONAL, SOME RESTRICTION, OVER THE LAST YEAR, 5 YEARS, CHINESE MONEY AND RUSSIAN MONEY, AND THE INDIVIDUAL SIDE. CHINESE NATIONALS ARE AFRAID THEY DON’T WANT TO BE IN THE SPOTLIGHT. CONSIDERABLY. ON THEM. CHINA IMPOSED THEIR OWN EXTRA RESTRICTIONS WHERE YOU ONLY ABOUT CAPITAL LEAVING THE COUNTRY. NOT JUST CANADIANS COUNTRY. NOT JUST CANADIANS IMPOSING TARIFFS AND TAX.>>THEY ARE BUYING UP NEW YORK REAL ESTATE, CLOSED DOWN CONSIDERABLY. WHY WOULD THEY LEAVE NEW YORK AND GO TO CANADA INSTEAD?>>THE PRICE POINT IS DIFFERENT, THE STUFF THEY WERE BUYING IS ULTRAHIGH END AND THE COAST OF THE UNITED STATES IS MORE AFFORDABLE, $500,000 CONDOMINIUM.>>I GOING ANYWHERE BESIDES THEY ARE INTERESTED IN EDUCATING THEIR CHILDREN IN THE UNITED STATES AND THERE ARE EXEMPTIONS TO SOME OF THE RULES IN CHINA THAT PREVENT THEM TAKING MONEY OUT OF THEY ARE BUYING PROPERTY RELATED TO THE EDUCATION OF THEIR CHILDREN SO THERE IS A BIG LONG-TERM STRATEGY OF WEALTH ACCUMULATION AND REAL ESTATE IS A GREAT WAY TO DO IT. COUNTRY. A COUPLE YEARS AGO THE CHINESE BUT THE WALDORF-ASTORIA IN NEW YORK ON PARK AVENUE IN THIS IS THE HOTEL THAT LOTS OF HEAD STAYING THERE BECAUSE THEY ASSUME THEY ARE BEING TAPED, THEIR ROOMS ARE TAPPED BECAUSE YOU’RE DEALING WITH A DICTATOR. IT IS INTERESTING TO STUDY. HAPPENED IN THE 80s WITH JAPAN AND WHAT HAPPENED WAS OUR ECONOMY SLOWED DOWN, THEIR ECONOMY SLOWED DOWN AND THE YEN

46 thoughts on “Western cities fighting back against Chinese real estate investments

  1. Slow down foreigners buying real estate, are they stupid? If you have foreigners bringing in truckloads of cash to extend your boom cycle, you milk every last drop out of it you can. This won't last you know, eventually you get next recession and then you will really wish you took that money.

  2. It's great if China buys our products, but when China buys American land, China owns American land. America needs domestic land ownership. This is an obvious strategy for either keeping or losing a country. Remember than China wants to replace America by 2025.

  3. China has been stealing your IP and now their buying property, soon, America will be dominated by the Chinese on every front,… You Need to Act and act now!

  4. And because those people have truly experienced COMMUNISM so THEIR appreciation of CAPITALISM is well above ours and are ALLL about supporting themselves without the governments HELP!!!
    Unlike the hipster tree huggin granola muchin SOYBOY'S/GIRLS who're begging our government to not only support them😭 BUT TO TAKE OUR RIGHTS WHILE DOING SO!!!!
    Its horrifying and I want to smack those turdlettes right upside their oversized beanies!!!

  5. Correction … the average home price in Vancouver is around 1.2 million and $500,000 only gets you a 550 sq. ft. …. condo Chinese buyers cleaned out shelves as far as inventory went in early 2015 and inventory numbers are only now starting to come back …. a lot of the buyers were and are Chinese Nationals hiding money from their own government, this money is windfall profits from stock market gains on their government manipulated stock market, profits from government joint venture business investment which has been moved out illegally, and illegal drug money from the sale of fentanyl…. Canadian Federal government has also come out with new disclosure laws and Revenue Canada the Income Tax agency will start sharing information with China as of September 2018 …. a lot of these foriegn owned properties are held by Shadow Corporations and Shadow Purchasers … the Provincial Government of British Columbia has also imposed new disclosure laws to expose this segment of the market.

  6. the freedom world spent millions of PEOPLE'S lives end millions and millions of dollars to make sure that all these DICTATORS communists countries corrupted countries like Russia but ,but specially the CHINESE COMMUNISTS AUTHORITARIAN REGIMES NEVER COULD BE A NIGHTMARE FOR DEMOCRACY BUT RIGHT NOW THE WHOLE WORLD IS KISSING THE CHINESE ASS 😣🤔ALSO CRISTIAN COUNTRIES AND MUSLIMS ARE O.K. WHIT CHINESE ABUSING THEIR RELIGION KILLING AND DESTROYING EVERYTHING. 🤔

  7. 64 million empty housing units in China if they're buying up all our property tells you the bubble is on its way

  8. The difference is China's economy is 5 times that if Japan's like their middle class and have accumulated at least 8-10,000 ton of gold to partially back their currency that is also one of the 5 reserve currencies in the world and the rich are buying overseas to keep their wealth and diversify their assets

  9. TRUMP YOU NEED TO PRICK REAL ESTATE BUBBLES IN TORONTO AND VANCOUVER. I WILL FOREVER SUPPORT YOU LIKE A LOYAL DOG. THESE CHINESE ARE HERE JUST OVER INFLATING OUR REAL ESTATE MARKETS

  10. What's strange is Reagan blocked the Communist Soviet Union from buying property in the US. Why are other Communist countries exempt now? Corporate greed.

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  12. It’s ridiculous here is Southern California Chinese buyers have driven prices so HIGH here that most residents (citizens) can’t buy home here anymore. There are entire Chinese neighborhoods here, mostly million dollar! Americans can’t buy homes in China! Smh it’s ridiculous

  13. America is dying due too few asians, Chinese, Japanese, Korean, Vietnamese, communist etc. .. not too many, dumb as hell.

  14. Some cities  may end  be all owned by SOME CULTURES + the homes buisnesses + will prob be RESOLD back to the same culture ** that will be the same in Canada…Australia..uK …US ect. Things need to change somehow …. keep western countries Western Owned

  15. Chinese new money has been buying up and driving up prices of property everywhere, not just "Western cities". Yes, all of the best properties in Canada and the U.S. have been getting snapped up by "Chinese investors". But they're grabbing a lot of great real estate in Europe, Australia etc. as well..

    But the free market is what it is. We outsourced all of our operations to China, and now those Chinese operators are using those earnings. Seems Chinese middle class is better than US or Canada middle class! Sorry to those who cannot afford to keep up with the Wangs! Same story in Australia… Or maybe wait for another global economic downturn? Looks like there's another right around the corner.

  16. The Chinese are like a cancer, little by little they take over the world, they wanted to build a Dragon Mart, a kind of mini city in the Cancún destroying the ambient to bring many thousands of bastards.

  17. Sorry it’s not Chinese middle class. Just look at the average Chinese income and the exchange rate. It’s the CCP and their cronies.

  18. You don't have to fight back now. They are selling their properties back to the American.Any among will do as long as they get the cash to pay president Trump !

  19. Don’t let them do it, Canada is corrupt. It’s ruined the face of the country. It’s gross. You go into the Canadian airports and all the stations are in Mandarin selling OUR land to other Chinese. Meanwhile locals are ousted out. Canada is doomed.

  20. WHY BLAMED CHINESE? Blamed the people who sell them lol. Americunts really knows how to blamed people but remember it's your people who's selling. Also Chinese they mostly give in CASH and you people love money.

  21. This Ponzi scheme will NEVER go away because the real winner is the government who makes millions on land tax (actually Hong Kong being on TOP of this list so London is small potato by comparison). Therefore there is zero incentive for the authority to stamp this Ponzi scheme out.

  22. So what are those guns for America? Your country will be bought and conquered without even shooting a single bullet.

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