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REIN member since 2009

Cannot agree more colinaforrest! There's a Chinese saying, whenever there's a rule from the top (government), there's a solution from the bottom (the mass population) to get around it. It may take some time for the mass to pave a new way to wire their money out of the country, the underlying...

Here are the links: Chinese tighten controls on moving money overseas http://www.afr.com/news/world/asia/china-tightens-controls-on-moving-money-overseas-20160120-gma7g3 Inquiries for Canadian homes on Juwai.com, a property search engine that lists real estate around the world for Chinese...

I agree ThomasBeyer and RELover. I have properties in Toronto, KWC area of Ontario and Edmonton for about 7 years now. The true winners are the ones in Toronto. The CAP rate of Toronto properties are lower, comparing to that of many Canadian cities, e.g. Kitchener and Edmonton. You don't get...

Since January 2016, China has tightened controls on moving money overseas. We may not feel the impact on Toronto and Vancouver market right now, the effect is imminent. My personal view is that we will see the impact by later 2016 and 2017 onward. Over the years, one of the main methods of...