{"id":27911,"date":"2016-09-30T16:40:02","date_gmt":"2016-09-30T09:40:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/has-vancouver-found-the-solution-to-a-super-heated-housing-market\/"},"modified":"2016-09-30T16:45:54","modified_gmt":"2016-09-30T09:45:54","slug":"has-vancouver-found-the-solution-to-a-super-heated-housing-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/has-vancouver-found-the-solution-to-a-super-heated-housing-market\/","title":{"rendered":"Has Vancouver found the solution to a super-heated housing market?"},"content":{"rendered":"


\nIn a radical move, the Canadian city now charges an extra 15% to any foreigner buying property there. The short-term impact on Vancouver house prices has been startling \u2013 but will it last?London mayor launches inquiry into foreign property ownershipThere is a city which is suffering a worse property bubble than Sydney, whose residents are more priced-out than Londoners, and where there is a greater divide between the housing haves and have-nots than even San Francisco.That city is Vancouver, and in response to these mounting challenges, the west-coast Canadian metropolis recently imposed an extraordinary new tax on foreign buyers \u2013 whose impact is now being watched closely by other cities grappling with bloated property markets. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Has Vancouver found the solution to a super-heated housing market?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In a radical move, the Canadian city now charges an extra 15% to any foreigner...<\/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-27911","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\/p75ss1-7gb","jetpack-related-posts":[{"id":42739,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vancouver-makes-about-face-on-taxing-foreign-home-buyers\/","url_meta":{"origin":27911,"position":0},"title":"Vancouver makes about-face on taxing foreign home buyers","date":"February 3, 2017","format":false,"excerpt":"\r Are there still any foreign buyers left though? Chinese New Year Parade 2017 in Chinatown, Vancouver. Zhenwang Wang\/Shutterstock Canada will be walking back its curbs on foreigners purchasing Vancouver homes as demand for them continues to cool down. Refunds are now in the offing for those that have been\u2026","rel":"","context":"In "Property News"","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":27911,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34352,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vancouver-to-continue-to-lead-canadian-economic-growth-for-the-next-year\/","url_meta":{"origin":27911,"position":2},"title":"Vancouver to continue to lead Canadian economic growth for the next year","date":"November 15, 2016","format":false,"excerpt":"\r By Emma Crawford Hampel Vancouver will lead the country in terms of economic growth in both 2016 and 2017, according to a Conference Board of Canada report released November 14. Overall this year, the city will see growth of 4 per cent, driven in large part by the construction\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57078,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vancouver-home-prices-resume-gains-to-fresh-record\/","url_meta":{"origin":27911,"position":3},"title":"Vancouver home prices resume gains to fresh record","date":"June 6, 2017","format":false,"excerpt":"\r Vancouver home prices climbed back to a record in May, suggesting the impact of a foreign-buyer tax imposed last year is fading. Benchmark prices in the west coast city reached a record C$967,500 (US$717,500), up 8.8 per cent from a year earlier, the Real Estate Board of Greater Vancouver\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":27911,"position":4},"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":30643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/class-action-against-canadian-city-of-vancouver-takes-aim-at-heritage-by-law\/","url_meta":{"origin":27911,"position":5},"title":"Class action against Canadian city of Vancouver takes aim at heritage by-law","date":"October 19, 2016","format":false,"excerpt":"\r Property owners whose homes fall under Vancouver\u2019s Heritage Designation By-law are suing the city in a class action, claiming it hurt their property values after its adoption in September 2015. Lead plaintiff Mary Ann Cummings filed a notice of civil claim under the Class Proceedings Act on September 28.\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\/27911"}],"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=27911"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/27911\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=27911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=27911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=27911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}