Vancouver Real Estate Tax Hike May Drive More Chinese to BitcoinIn Metro Vancouver, Chinese buyers make up about 33 percent of national bank of canadathe housing market, according to ‘back of the envelope’
calculations by National Bank of Canada.
Prices for real estate in the city vaulted 30 percent to an average of $1.8 million Canadian dollars for detached homes in February. This is just some of the latest data in the trend that has caused the average home price to jump roughly 40 percent in five years, and the rate of growth has been increasing.
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