Among the most popular overseas home buyers in China, Canada ranks third; According to statistics, 50% of new houses in Toronto, Canada's largest city, were bought by foreigners; In Vancouver and Toronto, 50% of apartment buildings are owned by foreign investors; In Vancouver, 65,438+05% houses have been vacant for a long time.

As Vancouver is a gathering place for Chinese, many local people are targeting China people.

A Toronto man even said this:

"China people, you came here with a house and bought a second one, bought two sets and wanted to buy three sets, or even four or five sets, trying to make money by speculating on houses; China people can avoid going to restaurants, cinemas, opera houses, books and gyms to watch football matches, travel and gyms, and concentrate on buying houses, even if they have no money, they have to borrow money to buy houses.

That's how you raised the house price in Toronto! We can't afford to live here! My parents have retired and originally planned to spend their old age in the old house. As a result, their houses have also gone up, and the local tax has more than doubled. As a result, they could not make ends meet and had to sell their house. Toronto can't stay any longer. It's inconvenient to visit them every time I move to London (a small town in Ontario)! I owe the people of China my life today, forcing me to live like you. I don't blame you. Who should I blame? "

The rise in housing prices in Canada does have the power of China real estate speculators, but it is not kind of Canadians to throw the cauldron of the culprit of soaring housing prices on China people.

In the final analysis, the problem of bank lending is the "culprit" of the skyrocketing housing prices in Canada. Under the loose credit policy, a large amount of funds naturally poured into the real estate market, and high-leverage speculation made Canada's property market bubble expand day by day, and now it has finally come to the brink of collapse. The Canadian experience is enough to alert the whole of China.

Third, we must sound the alarm: the leverage ratio of China's real estate market is as high as 50%

The Canadian property market only soared by 30%, and a liquidity crisis broke out. What about the house price in China? Taking Beijing as an example, since 20 16, 2006, the average price of new commercial housing in Beijing has been rising all the way, with an increase of 447% in ten years!

Easy credit in Canada has led to a growing housing bubble. Is it the same in China?

At present, the proportion of real estate-related loans (including real estate as mortgage and guarantee) has exceeded one-third of the total loans, and the proportion of real estate-related loans of individual banks has even exceeded 50%. From 2004 to 2008, the household leverage ratio in China was only 17%- 19%, but after 2009, the household leverage ratio soared, reaching 50% this year!

Compared with developed countries, our leverage ratio is not high. The leverage ratio of residents in developed countries such as the United States, Japan, Britain and Canada is generally above 60%, and the leverage ratio of Australian residents reaches 1 13% in 20 14 years. However, the macro leverage ratio of American housing sector rose rapidly after 1985, reaching the highest value of 99.4% in 2007.