“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.”