Mainland Chinese 'dominating' high-end Vancouver real estate market: "With the average cost of a detached house in Vancouver hitting $2.23 million and little official government data about who is buying real estate in Vancouver, emotions have been high about what can be done.
Scarrow suggested the city could raise property taxes, which currently are below 0.5 per cent, compared to one per cent in Toronto and between two to three per cent in some U.S. cities."
'via Blog this'
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