Douglas Todd: Vancouver remains a top destination for offshore luxury buyers, despite COVID-19

Excerpt:

Canada is the fifth most popular nation for high-end property investors from the world’s most populous nation. The only countries ahead of Canada are China’s relatively nearby neighbours of Thailand, Australia and Japan, as well as the U.S.

The Hurun Report, which also tracks the real estate desires of affluent Chinese, says that Metro Vancouver is the world’s seventh most-sought-after “investment destination for high-net-worth individuals.” That’s ahead of Los Angeles and San Francisco…

…Canada, and especially B.C., emerge as prime candidates for wealthy people wanting a safe landing, in part because the country and province have proved reasonably successful in keeping a lid on COVID-19.

Sep 16, 2020 https://vancouversun.com/opinion/columnists/douglas-todd-vancouver-remains-a-top-destination-for-offshore-luxury-buyers-despite-covid-19 

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