If you think housing in Canada is too expensive, try buying a house in Shanghai, and you will know what "really expensive" means!
There is such a two-bedroom apartment in the northwest corner of Shanghai: a kitchen, a small balcony covered with clothes hangers, air conditioning in the living room and no wardrobe in the room. Generally speaking, the house is old, but the house price is really amazing, up to 2 million Canadian dollars.
A 400-square-foot (37-square-meter) apartment nearby looks even more shabby, but it still offers a sky-high price of 6.5438+0.6 million Canadian dollars, and the parking space needs to pay an additional 60,000 Canadian dollars.
Even so, the houses nearby are still selling quickly. So many Shanghainese have started to buy houses in other places, such as Canada!
Canada has become the third largest international real estate market for China buyers, second only to the United States and Canada.
In recent years, Vancouver has become a market that China buyers scramble to seize, and many wealthy people buy real estate here. In July, the British Columbia government announced a tax increase for foreign buyers.
However, this has not reduced the enthusiasm of China buyers for the Canadian real estate market. Many rich people are willing to buy real estate for future generations to enjoy.
Recently, the president of a high-tech industry in Shanghai bought a 6,000-square-foot (557-square-meter) house in Suri, British Columbia for his wife and daughter to live in. He needs to fly back and forth between China and Canada every month, but he believes that all these sacrifices are well worth it, because children can receive western education and go to college abroad.
According to reports from related websites, Toronto beat Vancouver to become the favorite city for China buyers. Compared with the same period last year, the number of people consulting Toronto real estate in September this year increased by 85%.
So, how big is the gap between Shanghai and Toronto?
Calculated per square meter, the house price in Toronto is $6,500; Shanghai house price is 8 100 USD;
70% of China buyers are looking for a house of 300,000 to 1 10,000 Canadian dollars, and 30% of China buyers are looking for a house of10.5 million Canadian dollars or more.
But comparing the data of 2065438+2006 and 65438+2006 published by websites of more than 2000 cities around the world, the cost of living in Toronto is even more expensive than that in Shanghai.
Eat: Toronto is 5% more expensive than Shanghai.
Renting: Toronto is more expensive than Shanghai 16%.
Transportation: Toronto is 84% more expensive than Shanghai.