{"id":108444,"date":"2019-06-26T03:24:42","date_gmt":"2019-06-25T20:24:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-ownership-main-culprit-for-vancouvers-unaffordable-housing-a-top-destination-for-chinese-funds-unimpeachable-study-says\/"},"modified":"2019-06-26T04:11:57","modified_gmt":"2019-06-25T21:11:57","slug":"foreign-ownership-main-culprit-for-vancouvers-unaffordable-housing-a-top-destination-for-chinese-funds-unimpeachable-study-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-ownership-main-culprit-for-vancouvers-unaffordable-housing-a-top-destination-for-chinese-funds-unimpeachable-study-says\/","title":{"rendered":"Foreign ownership main culprit for Vancouver\u2019s unaffordable housing, a top destination for Chinese funds, \u2018unimpeachable\u2019 study says"},"content":{"rendered":"


\nA study has found long-sought evidence linking foreign ownership to extreme housing unaffordability in Vancouver, a Canadian city that has attracted waves of Chinese capital and millionaire migrants.The white paper by Josh Gordon, an assistant professor at Simon Fraser University\u2019s school of public policy, found a near-perfect 96 per cent (or 0.96) correlation between various metro Vancouver municipalities\u2019 price-to-income ratios (a common measure of unaffordability), and the proportion of\u2026
\n
\nSource : South China Morning Post
\nRead more…Foreign ownership main culprit for Vancouver\u2019s unaffordable housing, a top destination for Chinese funds, \u2018unimpeachable\u2019 study says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A study has found long-sought evidence linking foreign ownership to extreme housing unaffordability in Vancouver,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-108444","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sd6","jetpack-related-posts":[{"id":80579,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vancouvers-hot-property-market-gets-tougher-for-wealthy-chinese-as-foreign-buyer-tax-is-raised-to-20pc\/","url_meta":{"origin":108444,"position":0},"title":"Vancouver\u2019s hot property market gets tougher for wealthy Chinese as foreign buyer tax is raised to 20pc","date":"February 21, 2018","format":false,"excerpt":"\r Vancouver, one of the hottest housing markets in North America, is getting a little tougher for wealthy Chinese buyers. British Columbia Finance Minister Carole James announced measures targeting foreign buyers and speculators in the first budget since her government was elected on a pledge to make housing more affordable\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15928,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vancouver-mayor-gregor-robertson-eyes-vacancy-tax-amid-debate-over-chinese-money-and-offshore-investors\/","url_meta":{"origin":108444,"position":1},"title":"Vancouver mayor Gregor Robertson eyes vacancy tax amid debate over Chinese money and offshore investors","date":"June 9, 2016","format":false,"excerpt":"\r Vancouver\u2019s mayor Gregor Robertson says he is considering the introduction of a tax on empty homes, amid a roiling debate in the city about the role of Chinese money and offshore investors in North America\u2019s most unaffordable real estate market.\r \r Source : South China Morning Post\r Read more...Vancouver\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38831,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vancouver-home-affordability-hits-record-low-but-may-be-at-a-turning-point\/","url_meta":{"origin":108444,"position":2},"title":"Vancouver home affordability hits record low but may be at a turning point","date":"December 22, 2016","format":false,"excerpt":"\r By Emma Crawford Hampel Vancouver\u2019s housing market remains the most unaffordable market in Canada by far, and in 2016\u2019s third quarter, affordability eroded further, according to RBC\u2019s Housing Trends and Affordability report released December 21. On average, in 2016\u2019s third quarter, Vancouverites needed to spend 92 per cent of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21903,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nightmare-vancouver-housing-tax-threatens-foreign-technology-industry\/","url_meta":{"origin":108444,"position":3},"title":"'Nightmare' Vancouver housing tax threatens foreign technology industry","date":"August 4, 2016","format":false,"excerpt":"\r Vancouver's technology industry is in danger of becoming collateral damage in British Columbia's push to rein in spiraling home prices.The surprise decision last week to impose a 15 percent levy on overseas property investors may...\r \r Source : nzherald.co.nz\/Property\r Read more...'Nightmare' Vancouver housing tax threatens foreign technology industry","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41873,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-has-been-the-worlds-least-affordable-city-for-seven-years-in-a-row\/","url_meta":{"origin":108444,"position":4},"title":"This has been the world\u2019s least affordable city for seven years in a row","date":"January 25, 2017","format":false,"excerpt":"\r A slightly less expensive encore after a record 2015 Hong Kong SAR at night. cozyta\/Shutterstock Hong Kong has topped the 13th edition of Demographia\u2019s annual housing affordability survey, marking seven consecutive years of unbeatable home price to income ratios. It received a \u201cseverely unaffordable\u201d mark from the research house\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123501,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-canadians-twice-as-likely-to-own-and-live-in-unaffordable-homes-new-data-reveals\/","url_meta":{"origin":108444,"position":5},"title":"Chinese-Canadians twice as likely to own and live in unaffordable homes, new data reveals","date":"November 30, 2021","format":false,"excerpt":"\r Ethnic Chinese are twice as likely as other Canadians to own and live in housing that is unaffordable compared to their incomes, and only about half as likely to live in rented accommodation, according to a newly released government findings.The data reveals a big gap between many Chinese-Canadians\u2019 local\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108444"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=108444"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108444\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}