Foreign investors in Canada’s housing market need to be counted...experts say
(June 27, 2015
)
TORONTO — There is scant data available on how many foreign investors are snatching up Canadian homes, and experts say the knowledge gap needs to be filled if policy makers hope to maintain the stability of the country’s real estate market.Foreign investment has become a hot-button issue in Vancouver lately, with many residents blaming demand from offshore buyers who are looking for a safe place to stash their money for the city’s soaring home prices.
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