Housing In Canada Case Study

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In the eyes of foreign buyers, Toronto is the North America’s New Dubai – But are they behind the short supply of housing in Canada’s largest city? News from the CMHC on gathering data surrounding foreign real estate investors in Canada has many local buyers worried that they’re responsible for driving housing prices up. Recently, China’s Government made changes to the Qualified Domestic Institutional Investor (QDII2) program which allows individuals in China whose net assets exceed 1 million Chinese Yuan or approximately $210,000 CAD, to invest overseas. Despite these changes, the majority of real estate demand still comes from local investors. Toronto is home to top educational institutions, cultural diversity and a thriving economy,

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