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There has been a fundamental switch in how Mainland Chinese investors invest their money in Vancouver and BC. Instead of buying a number of houses, they are now buying income producing budinesses - hotels, wineries,ghost towns which are being turned into resorts and mineral water.

The idea is to create a job for their kids who have been educated in Vancouver and selected not to return to China.

I believe this will now keep the Vancouver house prices flat, or we may see a dip.

February 15, 2015

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