The Star: “Canada’s real-estate boom: a Chinese perspective”

Canada’s real-estate boom: a Chinese perspective

Think prices in Toronto or Vancouver are crazy? Try looking for an apartment in Shanghai, and you’ll understand Canada’s appeal.


Chinese household debt has risen at an “alarming” pace as property values have soared, analysts say. Some Chinese, priced out of their home market, have been buying real estate in Canada.   (JOHANNES EISELE / AFP/GETTY IMAGES

By MARINA JIMENEZ  Foreign Affairs Writer

Fri., Dec. 23, 2016

SHANGHAI—While Canadians complain about inflated real estate prices, try buying a home in Shanghai.

A two-bedroom unit in “Wonderful Place,” a complex of highrise towers in the city’s northeast, has no closets, a galley kitchen, a minuscule balcony crammed with clothing racks and an extra fridge in the living room

Feel free to give me, your trusted local real estate professional, a call at (905)940-3599 or email me at for more information.




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