Is Foreign Investor Tax The Cure For Vancouver Housing Price
- July 29, 2015
- Blog
- Posted by Linda Qin
- Leave your thoughts
Actually foreign investor tax is not a new thing. It has been implemented in a few countries and areas, for example UK, Singapore, Hong Kong, Australia.
However if Vancouver is going to use that foreign investor tax, would it bring down the Vancouver housing prices? Or if it would bring down the real estate prices, would it bring real benefits to Vancouver or bring harm instead?
Therefore, I think it is a questionable issue that needs more time and debate.
If you are thinking of buying properties in Vancouver, no matter whether you are a foreigner or a local, please call me at 604.782.6160.