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Inflation does not automatically cause the interest rate raise. To raise the interest rate it is one of the methods (monetary policy) if the central bank chooses to apply. However to raise the interest rate will upset export, delay the economic recover so that I do not think the government will...

1) first hypothesis - I was talking about the cause of the drop so at the pre-stage of the drop not during the drop 2) a lot could've happened hypothetically - - "a terrorist attack" or "wars" well what the difference if this happen today vs. any time being - Not only Chinese investors invest...

"Average downpayment is approximately 7% in Canada" - I do not know if it is only me surprised to see only 7% average on down payment. I have primarily been in Chinese community plus my workplace (Caucasian dominated workforce)...almost over 90% people I know who have owned a house the...

X condos - will be fully registered and occupied I would say the beginning of next year?..so waiting for some of the selling units for one bedroom...should be under $300K I guess.. I just found this Ad in Kijiji...for you to just get an idea of the unit in the building - (I'm not related to the...

today's 24 hours - "skilled immigrants going elsewhere" ....252,000 immigrants allowed into the country last year, about 107,000 moved to Ontario with 83,000 resettling in Toronto. Year 2001 about 148,641 moved to Ontario so other provinces attracted new immigrants away from Ontario who...

Correct, plus the property tax I mentioned previously, the just increased interest rate by .25%, and not only foreigner but also the no resident of the city is not allowed for mortgage loan in the city. Though people are still skeptical all of these will have effect. Chinese Twitterer...

It will not include the interior finishing. In China, even you pay millions for a luxury home, the standard is no interior finishing. The concept is everyone will have their own interior design (including structural change). So instead of peel off what builder will give you, you can build up for...

Re: Interested - what do I believe will happen in China? In short word, an extended bubble as much as the government can be stretched, no collapse, unless there is a massive financial crisis that the China government is unable to prevent. An insightful article Summary: ...But China’s...

Crash view point: The Real Face of The Chinese Realty Bubble On the other hand: China Real-Estate Bubble Concern Fails to Deter Global Investors Property prices and sales expected to fall 1.3% in Canada in 2011

Haha~ this was a question that all of Chinese immigrants would raise when we first came here - Why are all the constructions so slow here? I still remember when I first landed Ottawa there was a bridge expansion construction. It has taken more that two years for completion. Our experience back...

Interested, in regarding to your comments - you are correct about one child policy - the policy started in year 1980 so we are still in pre-stage of the problem you indicated. Parents who have get regulated under the policy since 30 year ago aged between 55~60 currently or younger. China is...

The psyche of the Chinese - 1. R/E demands in big cities such as SH/BJ in China simply from population growth - end of year 2004 16.7 million, end of year 2009 19.2 million, so 500,000 immigrants per year? (common phenomena in developing country, big cities flooded with people from all over...

year 1998 - a 800 sq. feet two bedroom condo (not downtown) in Shanghai $200,000 to $300,000 RMB ($40K to $50K CAD) year 2010 the price increased 10 times to $400K to $500K CAD It is not unusual a family owns 2 to 3 properties of the above so I have no doubt people's affordability coming...

The Fed's big gamble: Here's what could go wrong An interesting article - although the topic is after US plan to print again another $600 billion money - the following comment may suit Canadian situation as well. We will see if the bubble will burst this round or a new bubble can solve the...

All not good other than the comments others provided 577 - entrance door too open, see through all; den face bathroom door; only thing I like is facing south (sort of)

I have lived in both house and condo, both old and new ones. My preference is a brand new place so if you prefer the same, a place previously not lived by anybody, then condo will be the choice since there is rare opportunities these days you can find new development for house in Toronto. The...

The Elusive Canadian Housing Bubble Fall 2010 Musings: Now and Then - some charts for your reference - a 25% gap suggested real price vs. price trend graphed by model on historical data Canada's real estate overvalued, survey says - the article I have posted previously, global housing bubbles...

- sell stock (almost point for a short term peak and possible year end correction), buy back next round if there is opportunity - buy bond Investors see bond rally lasting as Fed buy looms - stay with your current R/E situation, wait to see more signs; if a real bubble and cannot recover in long...

One of the term China Media uses often in past 20 years, often quoted in the past and currently when there is a pressure from US to appreciate Chinese Yuan. What China is afraid to head to, as a result from if freeing up the exchange rate to let the market determine.

Conclusion: a vicious loop from the currency war for Canada - interest rate will have to be kept low to against appreciation to US $ to protect export; then consumer borrowers will take advantage of the low rate; boost up debt to income level... Carney in tougher spot if no peace in currency...