Asians Looking Again At Comercial Real Estate
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Commentary on the article: Asian looking again at
Commercial real estate
In the beginning of the last year, Taiwanese and Singaporeans came to Vancouver with a lot of money
looking for prospects in the real estate market. These business people were looking for
rental building, which were the "hot ticket" in real estate according to Vancouver relater John Gee
The part of the city, which is attracting these buyers, is the West End of Vancouver,
where the vacancy rate is about 1%. Even though some people feel real estate is really strong, others are
trying to sell their buildings citing that the real estate market is stagnant.
After reading this through I think that the Asians are doing the wrong thing by
getting in to the real estate business because it is slow. It may take along time to recover their investment
off the rental buildings. I also that the property value could decrease......
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Approximate Word Count: 1688
Approximate Pages: 7 (250 words per double-spaced page)
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