Are Chinese Property Buyers All About Canada?

chinese invest in canadian real estateWith all the controversy over what to do with all the vacant homes in BC, more and more people are talking about foreign investors. But is it really such a concern and why are Chinese buyers such a fan of Canadian real estate? Read on to find out:

Why do Chinese buyers find Canada such an attractive investment for real estate?

Foreign ownership has become a contentious issue in the Lower Mainland with skyrocketing real estate prices. The number of Chinese people buying homes in Canada is not just growing here, but across the country.

Recent numbers from the National Bank found Chinese buyers accounted for 33 percent of home sales in the Lower Mainland last year…READ MORE HERE…

If you ever find yourself in need of some good Toronto self-storage, give Valet Storage a call. We can help!