Report on ‘global capital’ and soaring house prices prompts online debate – The Globe and Mail

Some accuse study of demonizing people with Chinese names, while Mayor Gregor Robertson objects to the ‘racist tones’ of the report

Source: Report on ‘global capital’ and soaring house prices prompts online debate – The Globe and Mail

2 responses to “Report on ‘global capital’ and soaring house prices prompts online debate – The Globe and Mail

  1. #WhateverYouDo… #Don’tMentionTheWar….

    “It was a business opportunity I couldn’t resist… If it wasn’t me, it would have been somebody else.” – Greg Carros

    [VancouverSun] – German firm moves into Vancouver’s booming luxury real estate market: Engel & Völkers takes over Sotheby’s Yaletown office on Dec. 1

    …“It doesn’t surprise me that the shops you would easily see operating in London, New York and Zurich are starting to set up shop in Vancouver.” – John Stovell, Urban Development Institute

    http://www.vancouversun.com/business/german+firm+moves+into+vancouver+booming+luxury+real+estate+market/11499573/story.html?__lsa=c366-7932#Comments

    [Vancouver Sun] – Canada a friendly home for illicit cash, corrupt real estate buys, report says

    …”If TI’s proposed changes were now in place, Canadians could determine whether there’s hard evidence to back up claims that foreign “money launderers and other corporate kleptocrats” are buying up properties in Vancouver and Toronto, said TI Canada President Peter Dent. “Right now we don’t have a mechanism in place to actually test the veracity of those claims.”…

    http://www.vancouversun.com/business/canada+friendly+home+illicit+cash+corrupt+real+estate+buys/11512836/story.html?__lsa=00ab-f65b

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