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Mortgage Broker News | 05 Feb 2019, 09:39 PM Agree 0
Rules meant to temper the influence of foreign funds have unintentionally devalued the market’s offerings
  • Anonymous Coward | 06 Feb 2019, 11:08 AM Agree 0
    How have those rules had an "unintentional" effect? Wasn't that exactly the effect people wanted? And why is this happening all over the world, including where there are no such restrictions in place?
  • Realaturd | 06 Feb 2019, 04:16 PM Agree 0
    The average vancouver home is losing $3000 per week in 'value'. Wait more = save more.
  • | 06 Feb 2019, 10:54 PM Agree 0
    But these properties were heavily speculated on in the first place and not actually worth all the millions. 🙄. Of course realtor spin "devalued". Lol. More like coming down to what the property is actually worth of 3 years of heavy speculation.
  • | 07 Feb 2019, 05:09 PM Agree 0
    House values around the world that suddenly became hot after the 2012 crackdown on corruption in China... London - LA - Seattle - Vancouver (hotter yet) - Sydney, could be now softening due to the crackdown now targeting underground banks. They have been popular with corrupt officials getting proceeds overseas.
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