Better Dwelling paints a bleaker picture when you isolate certain relevant categories of homes
For example, in BC (as of 2020), 9% of new condos (built after 2016) were owned by foreign interests, which is down from 2019, but probably holds steady for a number of years.
Pales in comparison to amateur domestic investors (25% in Ontario 2021) [0], "mom and pop" landlords that the federal government have chosen to protect.
For example, in BC (as of 2020), 9% of new condos (built after 2016) were owned by foreign interests, which is down from 2019, but probably holds steady for a number of years.
https://betterdwelling.com/foreign-buyers-own-1-in-10-recent...