- But alas, nothing is so transparent in a market such as Vancouver, which doesn't actually track foreign investment. The Colliers report believed to be at the heart of the article – Marketshare First Quarter 2011 – doesn't actually quantify the number of buyers and goes out of its way to play down the effect they may be having. 'There seems to be more myths than facts about Mainland Chinese investing,' Colliers president Greg Ashley wrote in the intro.
- "This trend is certainly impacting single family housing values in Vancouver-West and Richmond. However, it is not the driving force behind all sales. A number of recent launches reported large numbers of Asian buyers - yet a significant portion of these buyers are actually local residents not foreigners."
Click 'comments' below to contribute to this post.