{"id":123501,"date":"2021-11-30T04:30:26","date_gmt":"2021-11-29T21:30:26","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-canadians-twice-as-likely-to-own-and-live-in-unaffordable-homes-new-data-reveals\/"},"modified":"2021-11-30T06:04:06","modified_gmt":"2021-11-29T23:04:06","slug":"chinese-canadians-twice-as-likely-to-own-and-live-in-unaffordable-homes-new-data-reveals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-canadians-twice-as-likely-to-own-and-live-in-unaffordable-homes-new-data-reveals\/","title":{"rendered":"Chinese-Canadians twice as likely to own and live in unaffordable homes, new data reveals"},"content":{"rendered":"<p>&#013;<br \/>\nEthnic 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 earnings and their housing costs, that urban planning academic Andy Yan said could be explained by pre-immigration wealth and other foreign capital, mixed with local lending.\u201cBut there are\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/news\/china\/diplomacy\/article\/3157813\/chinese-canadians-twice-likely-own-and-live-unaffordable-homes?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Chinese-Canadians twice as likely to own and live in unaffordable homes, new data reveals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Ethnic Chinese are twice as likely as other Canadians to own and live in housing&#46;&#46;&#46;<\/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-123501","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-w7X","jetpack-related-posts":[{"id":146441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-top-buyers-of-us-property-for-11th-year-but-canadians-dominate-volume\/","url_meta":{"origin":123501,"position":0},"title":"Chinese top buyers of US property for 11th year, but Canadians dominate volume","date":"July 19, 2024","format":false,"excerpt":"\r Demand for US homes from Chinese buyers affected by a strong dollar and higher prices, which caused investments to slump by over 40 per cent year on year, according to US real estate association.\r \r Source : South China Morning Post\r Read more...Chinese top buyers of US property for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-ownership-main-culprit-for-vancouvers-unaffordable-housing-a-top-destination-for-chinese-funds-unimpeachable-study-says\/","url_meta":{"origin":123501,"position":1},"title":"Foreign ownership main culprit for Vancouver\u2019s unaffordable housing, a top destination for Chinese funds, \u2018unimpeachable\u2019 study says","date":"June 26, 2019","format":false,"excerpt":"\r A 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-investors-struggle-to-hold-on-to-property-abroad-as-soaring-rates-weak-domestic-economy-make-mortgages-unaffordable\/","url_meta":{"origin":123501,"position":2},"title":"Chinese investors struggle to hold on to property abroad as soaring rates, weak domestic economy make mortgages unaffordable","date":"February 25, 2024","format":false,"excerpt":"\r Chinese investors who have borrowed from the bank to buy a house abroad are facing a double-whammy as they contend with an economic slowdown at home and surging interest rates across the globe that are hampering their ability to pay for their purchases, according to analysts.\r \r Source :\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-survey-shows-market-now-severely-unaffordable\/","url_meta":{"origin":123501,"position":3},"title":"Housing survey shows market now &#039;severely unaffordable&#039;","date":"June 2, 2020","format":false,"excerpt":"\r By Ruth Hill of RNZ Nurses, teachers and other middle class professionals are increasingly unable to buy homes in the cities where they work, with every housing market in the country now rated \"severely unaffordable\".The 16th...\r \r Source : nzherald.co.nz\/Property\r Read more...Housing survey shows market now 'severely unaffordable'","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31538,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unaffordable-australian-housing-in-government-sights-morrison-says\/","url_meta":{"origin":123501,"position":4},"title":"Unaffordable Australian housing in government sights, Morrison says","date":"October 25, 2016","format":false,"excerpt":"\r Australian states need to remove or simplify residential land planning regulations that have made homes \u201cincreasingly unaffordable\u201d in the nation\u2019s biggest cities, treasurer Scott Morrison said. Insufficient land releases and complex development regulations must be addressed, Morrison said in Sydney on Monday. He will use a December meeting with\u2026","rel":"","context":"In &quot;Property News&quot;","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":123501,"position":5},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123501"}],"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=123501"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123501\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}