"A friend was telling me about how corrupt rich Chinese are buying up everything in Canada. Businesses, real estate, it doesn’t matter, they just want somewhere to park their ill-gotten cash. Buying businesses without even looking at the books, they just don’t care! They have so much money, they just buy everything!" (/sarcasm)

Sour Grapes at vancouvercondo.info November 26th, 2010 at 10:59 pm – “A friend was telling me about how corrupt rich Chinese are buying up everything in Canada. Businesses, real estate, it doesn’t matter, they just want somewhere to park their ill-gotten cash. Buying businesses without even looking at the books, they just don’t care! They have so much money, they just buy everything! Vancouver is a fantastic city and they’re just starting to hear about it (in November 2010) because of the Olympics. His realtor friends keep telling him how rich Chinese are buying everything in sight, there’s no end to the sales.
So why don’t they buy up the Olympic Village? Oh, he says, they only buy land. Condos don’t matter to them. The prestige is in buying land.
So why are condos going up like crazy in China? Oh, he says, the rich buy the land, and everyone else buys the condos.
So where is everyone else getting the money to buy the overpriced condos? Before he could answer, he had to go lie down because he suddenly had another one of his migraines.
I guess making shit up causes headaches. I can understand that.”