The Shanghai Stock Exchange Property Index was off by 9.3% following the introduction of tough new rules such as an increased down payment of second mortgages and 20% capital gains tax on property sales. What could this mean for Vancouver\u2019s luxury and waterfront real estate in neighborhoods like Coal Harbour, Yaletown or the Village? Robin Wiebe with the Conference Board of Canada has crunched the numbers and sees strong connection between Vancouver\u2019s real estate and Chinese economy growth in the past 10 years. Therefore, it is safe to assume that with tightening of rules in China will mean increased investments in Canada. How much exactly? The Wall Street Journal reported China\u2019s Capital flight in 2012 as follows: \u00a0USA: $56B, Australia: $54B and Canada: $36B.Back to our original question of what could this mean for Vancouver\u2019s condo market. Single detached houses will see the most benefits but this will also be beneficial to Vancouver\u2019s luxury waterfront condos.<\/p>\n
http:\/\/business.financialpost.com\/2013\/03\/05\/chinas-housing-crackdown-may-drive-cash-to-canadas-condo-market\/?__lsa=9a19-f657<\/a>\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Shanghai Stock Exchange Property Index was off by 9.3% following the introduction of tough new rules such as an increased down payment of second mortgages and 20% capital gains … [read more<\/a>]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/posts\/18"}],"collection":[{"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/comments?post=18"}],"version-history":[{"count":3,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/posts\/18\/revisions"}],"predecessor-version":[{"id":148,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/posts\/18\/revisions\/148"}],"wp:attachment":[{"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/media?parent=18"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/categories?post=18"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/tags?post=18"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}