Putting Canada First, in an effort to cut through the deception perpetrated by the Canadian Real Estate industry, is dedicated to dispelling the myths promoted by our mainstream media, particularly regarding the Toronto and Vancouver residential property markets. One myth which needs to be dispelled is the idea that foreign real estate buyers are doing Canada/Canadians a favour. Not a chance. It is CANADA that is doing foreign buyers a favour. In Shanghai, most of the mystery sellers of luxury homes were [government]officials, some civil servants, according to Lin Jingjing, an industry expert Lin attributed the sales to recent reports that the government plans to roll out policies about raising property taxes and measures that require public officials to file declarations of their assets. Other factors not emphasized in our media reports include Pollution, Respiratory Illness, One Child Law, Residential Overbuilding, Quality North American Education, Protecting Assets, Healthcare, Food Safety. Leo Liu, marketing manager at Beijing emigration consultants Goldlink, said the company has noticed an increasing trend of rich Chinese wanting to emigrate, particularly to Canada, in the 15 years since it was founded. The main reasons people want to move abroad, he said, are their childrens education and for better healthcare. Some want to leave because they got their money illegally, such as corrupt government officials and businesspeople... They want to get a green card even though they may still do business here in China, Liu said. They might have sent their wife and children abroad. wantchinatimes/news-subclass-cnt.aspx?id=20140608000016&cid=1103
Posted on: Mon, 09 Jun 2014 18:35:11 +0000
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