This is a friendly, interactive exchange of information on all Real Estate related subjects. Follow on Twitter: @RETALKS


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by unicas
Tue Jun 30, 2015 7:31 pm
Forum: Real Estate Talks
Topic: ruh roh: Chinese Stock Market crashing
Replies: 41
Views: 14364

Re: ruh roh: Chinese Stock Market crashing

As has been said, foreign buying is a small part of the market. Could be pushing up prices in some areas. But, are they paying a million for a house in McDonalds parking lot? :mrgreen: The real problem is the lack of supply. How high does prices have to go before enough supply comes online? When wi...
by unicas
Fri Jun 26, 2015 10:23 pm
Forum: Real Estate Talks
Topic: ruh roh: Chinese Stock Market crashing
Replies: 41
Views: 14364

Re: ruh roh: Chinese Stock Market crashing

so.... does this mean Vancouver real estate will go even higher? :D
it only means money will come to real estate, actually it is already happening. Just ask the big names Chinese realtors in Vancouver.
by unicas
Sun May 31, 2015 1:11 am
Forum: Real Estate Talks
Topic: China to lift floodgate on 40 trillion of domestic savings
Replies: 24
Views: 5836

Re: China to lift floodgate on 40 trillion of domestic savi

I tried to find the new source too - nada I guess you can't wait to become millionaire, here is part of it on Wall Street and CNBC, the full article was on China's securities times, in Chinese, I guess you and Rofina have different reason to get anxious :D :D http://www.cnbc.com/id/102708675 http:/...
by unicas
Fri May 29, 2015 3:21 pm
Forum: Real Estate Talks
Topic: China to lift floodgate on 40 trillion of domestic savings
Replies: 24
Views: 5836

China to lift floodgate on 40 trillion of domestic savings

Chinese yuan is on path to be included as SDR by IMF later this year. To make this happen, China is planning to allow its businesses and citizens to invest up to 40 trillion yuan of the country's 110 trillion yuan domestic savings directly into foreign companies, stock market and residential propert...
by unicas
Thu Feb 26, 2015 9:43 pm
Forum: Real Estate Talks
Topic: Successful Investor Tips
Replies: 21
Views: 10558

Re: Successful Investor Tips

Follow the Chinese. ETB may not agree, but IMHO, the Chinese make him look like a genius. Buy near good schools because the Chinese will kill for a spot for the sake of their children's education. Stay away from places like Abbotsford, Prince George. Canadians are so much buried in debts, and what i...
by unicas
Sat Feb 21, 2015 11:41 am
Forum: Real Estate Talks
Topic: Two million dollar over asking
Replies: 5
Views: 4647

Two million dollar over asking

According to Ming Daily, a house on the 1300 block of W 32rd in Shaughnessy was sold around 2 million dollar over asking. City assessment of the house was just over $5 million, the listing price was $5.99 million. 11 offers from Chinese buyers were submitted, none of them has any subject and only th...
by unicas
Mon Dec 01, 2014 12:47 pm
Forum: Real Estate Talks
Topic: How and why buyers from China are snatching up Bay Area home
Replies: 1
Views: 1536

How and why buyers from China are snatching up Bay Area home

When Linda Vida sold her house in the Oakland hills this summer, she was hoping for a buyer who would live there, put kids in the local schools and “give back or participate in the community,” she says. However, “as is very typical these days, a woman from China paid all cash for the house, and is n...
by unicas
Mon Oct 13, 2014 7:46 am
Forum: Real Estate Talks
Topic: Auction - Vancouver for Sale! Sold....to China!
Replies: 26
Views: 9730

Re: Auction - Vancouver for Sale! Sold....to China!

Vancouver or Canada is far from the only one for sale to the Chinese. Check this website: Vendereaicinesi.it, translation: sell it to the Chinese. This is a website in Italy that facilitate sale of Italian assets or businesses to the Chinese. There are currently 18,000 for sale ads on the website. I...
by unicas
Sun Oct 12, 2014 11:50 am
Forum: Real Estate Talks
Topic: Chinese investors are pushing into Melbourne and Sydney
Replies: 2
Views: 2061

Chinese investors are pushing into Melbourne and Sydney

In a sleek black display room in downtown Melbourne, Adrian Sum is getting ready to launch construction of his first joint venture Australian apartment project. Mr Sum controls the purse strings of one of China's largest property developers, and the striking 63-level, 633 unit high-rise Eq Tower is ...
by unicas
Wed Sep 24, 2014 5:44 pm
Forum: Real Estate Talks
Topic: BABA
Replies: 1
Views: 1656

Re: BABA

Here is latest news from Hangzhou, home of BABA, the city is running out of 10 million RMB condos (1.5 million dollar $USD to be exact) for sale. More than 11,000 employees have been granted BABA stocks. If cashed out at IPO price, on average, each employee will get USD $4.22 million. The stock actu...
by unicas
Wed Sep 24, 2014 7:47 am
Forum: Real Estate Talks
Topic: Presale camping - we are not talking about Iphone
Replies: 1
Views: 1532

Presale camping - we are not talking about Iphone

A few hundred people camped for a new single house development in Bayview Hill area of Richmond Hill 5 days before opening. Starting price: 1.4 million. guess who are those people?
by unicas
Sun Sep 21, 2014 9:02 am
Forum: Real Estate Talks
Topic: Suburban Seattle is new nest for China’s wealthy
Replies: 6
Views: 3100

Suburban Seattle is new nest for China’s wealthy

As the Chinese wealthy stash more of their fortunes overseas, they are bidding up the value of everything from bitcoins and Burgundy to Picassos and pink diamonds. And, increasingly, China’s rich are also offshoring their families along with their cash. That has created a real-estate boom in an unli...
by unicas
Mon Sep 15, 2014 9:04 pm
Forum: Real Estate Talks
Topic: 47 percent of Chinese millionaires plan to emigrate
Replies: 11
Views: 4223

Re: 47 percent of Chinese millionaires plan to emigrate

In other news, Canada and Hong Kong had long stopped accepting investors immigrants. And the U.S. has just frozen its program for 2014.

Stay tuned.
by unicas
Thu Aug 28, 2014 7:22 am
Forum: Real Estate Talks
Topic: US to run out of foreign investor visa due to Chinese demand
Replies: 1
Views: 1431

US to run out of foreign investor visa due to Chinese demand

Thanks to surging demand among China’s wealthy, the U.S. is expected to run out of a type of visa awarded to foreign investors for the first time in the history of the 24-year-old program. The so-called EB-5 visa program has helped New York City real estate developers fund a number of high-profile p...
by unicas
Thu Jul 24, 2014 7:45 pm
Forum: Real Estate Talks
Topic: The Chinese are coming, and they’d like to buy your house
Replies: 31
Views: 8269

The Chinese are coming, and they’d like to buy your house

The Chinese are on the move. In 2014, a record number of Chinese, 100 million, are expected to travel abroad, an army roughly as big as Mexico’s population. They will visit family and friends, and real estate agents as well as tourist sites such as the Great Pyramids, Buckingham Palace, the Eiffel T...
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