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Foreign Investment in Real Estate in Canada: Key Issues
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- Author(s) / Creator(s)
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In the past several years, the acquisition and ownership of real estate by foreign individuals and businesses has received growing public, political, and media attention in Canada, especially in Vancouver. Driven by concerns about housing affordability, the origins of foreign capital, and various other economic and social considerations, there has been much discussion on the impacts of foreign investment in real estate. Since the end of the 2007-2008 financial crisis, global investment in real estate has increasingly been defined by capital flows from East to West.Investments originating from China are a particularly prominent subject of interest, due partly to perceptions that Chinese investors are involved in a substantial portion of transactions in Canadian real estate markets. Between 2008 and mid-2014, Chinese global outward investment in real estate is estimated to have increased more than 200-fold, reaching a total of US$33.7 billion.
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- Date created
- 2015
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- Subjects / Keywords
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- Type of Item
- Research Material