Quote:
Originally Posted by Caliplanner1
....well Klazu's strategy could have the unintended effect of raising the ceiling on Vancouver's average house prices before the potentially dampening effects of a progressive purchasing tax rate can kick in.
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Not being a "finance person" I was was wondering by what process(es) or "dynamics" (explainable literally or with #numbers) you say Klazu's idea might cause an inadvertent $$spike.
Secondly, do Asian investors invest as heavily in other cities like San Francsco? Surely, but to what $/amount and where? I'm not sure if I know why Vancouver seems the "buying-in target"
Hey, panel, excuse me; I'm off-thread here.