I’m presently researching a new original comment for the HJP regarding the ever-controversial extent that foreign demand (and particularly Chinese investment) affects the Vancouver housing market. While doing some preliminary searches I stumbled across William McCarthy’s article “Seller Beware: The Impact and Consequences to Date of Asian Investment in Metro Vancouver’s Real Estate Market”, from Real Estate Issues volume 36 issue 2. I would highly reccommend this well-researched, accessible and insightful article to anyone interested in the Vancouver housing market. The article is particulary successful as background knowledge for municipal and provincial taxation processes and how they relate housing. As a disclaimer, let me say the opinions of the article are the author’s own and do not represent mine or those of the Housing Justice Project.
To download the article, visit the following link: Seller Beware 36_2