Geographer saw early signs of Chinese buyers in Vancouver

UBC geographer David Ley is featured in a Globe and Mail story on foreign investment in Vancouver real estate.

Vancouver has been listed as one of the top three intended destinations for the majority of people in China who have liquid assets of over $2 million.

“The top end of the market is not being supported by local conditions,” says Ley. “We’ve got a housing market that is totally out of whack with the labour market.”