m city condos 5 for sale.Why is Canadian real estate worth buying?In recent years,buying houses overseas has set off a craze.Chinese people buying houses overseas is not only a simple investment behavior,but also often related to family long-term planning,such as children’s education,personal development,family immigration and retirement,and so on.Whether it is investment or immigration,Canada is the hottest country of choice.Please Visit:
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First of all,as a big immigrant country,Canada has a steady stream of new immigrants,so it is imperative to buy a house.
Chinese people’s enthusiasm for investment at home has declined,while overseas investment is on the rise.
Real estate investment has always been an indispensable part of investors’asset allocation.Due to the domestic environment,real estate regulation and other factors,many Chinese investors look overseas.Recently,Chinese investors have snapped up luxury homes in Canada,extending from Vancouver to other cities,according to foreign media reports.From the perspective of real estate investors,the Canadian real estate industry depends on the population development of various regions of the country.in some areas,real estate investors can get a lot of income,with an annual income of more than 20%every year.
Wealthy foreign immigrants from Canada seek a comfortable and comfortable retirement life here.
The purchase of property and rental housing by new immigrants in Canada have injected a lot of liquidity into the real estate market,helping to maintain the vitality of the real estate market.This is very important for the sustainable development of the real estate market.
Canada is politically stable and the real estate market is sound.
Stephen,Prime Minister of Canada.Mr Harper’s pro-business government welcomes foreign direct investment in real estate,setting few regulatory barriers for foreign investors.Canada is recognized as having strong private property rights and a good tradition of upholding the rule of law.These features play an important role in enhancing the attractiveness of Canada’s business climate.
The Canadian economy and the Canadian commercial real estate market are sought after by international investors because of their openness and transparency.Foreign investors have focused on Canada’s robust banking system,which is recognized as one of the most robust in the world.
Canada can enjoy a very preferential and loose loan policy when buying a house.
If non-Canadian residents buy a house in Canada,they can apply for a bank mortgage loan at the same interest rate as local residents.
The Bank of Canada explained:there are five reasons why house prices are not allowed to plummet.
1.The Bank of Canada has pointed out that excessive household debt and rising property prices are at an unsustainable level.Although,as Joshua Slev observed,people are usually able to deal with this vulnerability for a certain amount of time.
2.That is,this vulnerability can be extended until a series of negative events are triggered by economic shocks.For example,a severe recession will lead to a sharp rise in unemployment.
3.Many families,especially those with the heaviest debt burden,will get themselves into trouble of not being able to repay their debts.As a result,some households will begin to default on their debts.In turn,banks and trust companies will foreclose on these families and try to sell them.
At the same time,as economic growth slows,new buyers will postpone their home purchases until the economy shows signs of recovery.Given the challenges already facing economic growth,this situation will”trigger a sharp fall in real estate prices”.
5.If house prices fall,it will push personal household wealth to shrink.Household wealth has received a huge boost during the housing boom over the past few years,and household consumer spending has been squeezed as a result.But under normal circumstances,household consumer spending is the most important driver of economic growth.
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