“I have a friend who is an immigration consultant. New citizens in Vancouver are largely Asian, and they don’t rent.”

chg at vancouvercondo.info 1 Dec 2010 10:29am
“I have a friend who is an immigration consultant, and the stats he gives me tell the same story. New citizens in Vancouver are largely Asian, and they don’t rent.
My friend mostly works with the much-maligned investor class and the skilled worked category (the latter makes up only 17% of all immigrants, the rest being investor and the horribly abused family class), and practically the first thing they ask him about is where to go for reliable real estate advice.
These cultural factors must play some part in Vancouver’s anti-gravity real estate act.”

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