“A home inspector who is having TONS of work in White Rock recently, whereas he barely ever made it out there before. Asian buyers, Higher end of the market, $1MM+.”

Devore at vancouvercondo.info February 28th, 2011 at 5:33 pm“Had lunch with friends today, ran into a home inspector who joined us. Is having TONS of work in White Rock recently, for Asian buyers, whereas he barely ever made it out there before. Higher end of the market, $1MM+, not the stuff for us regular riff raff. After the RE rules changes in China, I wouldn’t be at all surprised HAM [‘Hot Asian Money’ -ed.] is pouring into wherever it is allowed to, including the nicer areas of LML. Anyways, never meets the buyers, maybe the realtor or the son (driving around in a Porsche of course). Meanwhile, the lower end of the market, and outlying areas (not Van, Richmond or White Rock apparently) is quiet at best.”

7 responses to ““A home inspector who is having TONS of work in White Rock recently, whereas he barely ever made it out there before. Asian buyers, Higher end of the market, $1MM+.”

  1. Has the Yellow Emperor actually ordered his Sikorsky S76A Squadrons – currently flying YVRRE ‘Combat’ Air Patrol over Dunbar/Southlands/UBC – to ‘swoop’ on WhiteRock???… SandCastle Day will never be the same!… Oh, I forgot – they don’t do that anymore.

    “In the practical art of war, the best thing of all is to take the enemy’s country whole and intact; to shatter and destroy it is not so good.” – Sun Tzu

    [ChinaDaily] – Beijing home sales slump in February

    “Existing home sales slumped 64.3 percent month on month to 8,376 units last month, the lowest volume in 25 months”…

    http://tinyurl.com/6g6x73e

    • WTF, why can’t we do this?

      “In the middle of last month, the Beijing municipal government moved to prohibit home purchases by non-local registered families who have no proof of social security or income tax payments in the city for five straight years.”

    • “Existing home sales slumped 64.3 percent month on month to 8,376 units last month, the lowest volume in 25 months”…

      ^*&%@#! These people are coming here!

  2. So much for cheeky… Now, as regards popular/contemporary mythologies of monolithic ‘great leaps forward’ the following may prove instructive…

    [ChinaDaily] – Only 6 percent happy, survey finds

    “BEIJING – Only 6 percent of Chinese people see themselves as happy, despite the government’s efforts to improve the population’s sense of happiness, a survey showed on Wednesday.”…

    http://tinyurl.com/4apf7j4

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