SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (65283)5/13/2022 5:13:33 PM
From: sea_urchin1 Recommendation

Recommended By
fred woodall

  Read Replies (1) | Respond to of 80963
 
I presume the fall in Vancouver house prices is because the Chinese house buyers realize that if there is a war between China and the West, then the Chinese assets in Canada, and elsewhere, will be confiscated, just like we are now seeing with Russian assets being confiscated by Western countries because of the Ukraine conflict.

So, the Chinese are no longer buying Canadian homes, in fact, they are now selling.