Surrey, B.C. has in the past experienced an inordinate number of crimes, particularly related to carjacking and violent gang-related offences. It truly beats me why crime is at all funny, but nonetheless people have felt the need to joke about the ever growing city, making it the butt of most jokes in the Lower Mainland. But seriously, enough is enough.
While China's policy change has impacted investors' cash flow in the short term, it hasn't curbed their enthusiasm for Vancouver real estate. The sudden rise and fall in real estate prices that we're seeing now in China, as well as fluctuations in the overall economy, mean that people view investing there as no less risky than placing bets on a baccarat table. For many Chinese investors, parking money in Vancouver feels as safe as investing in treasury bills.