at the same time this has heavily suppressed wages and inflated things like real estate. canadian real estate prices are through the roof because it is the only profitable industry and because such enormous quantities of people move to canada every single year
Chinese nationals attempting to hide their dirty money in concrete purchases outside of the country have been buying real estate in Vancouver for a long long time, at least 12 years. And Canada allowed it, driving up the prices which priced out the locals. There was a site called CrackHouseOrMansion.com that highlighted it.
Chinese nationals attempting to hide their dirty money in concrete purchases outside of the country have been buying real estate in Vancouver for a long long time, at least 12 years. And Canada allowed it, driving up the prices which priced out the locals. There was a site called CrackHouseOrMansion.com that highlighted it.