Seattle has become more attractive than Vancouver to Chinese buyers because it;s more affordable, reports Global News (13 Novemebr 2017). Vancouver also has a foreign buyer tax that increase property prices even further for Chinese. According to Byron Burley, Head of North America at Juwai.com – a real estate platform aimed at international Chinese buyers – B.C.’s foreign buyers tax is 'working by driving a share of buyers to other cities, especially Seattle'. Nevertheless, this does not mean that Chinese demand for Vancouver has dropped. "It’s very important to remember, however, that Vancouver is more like a pancake than a deflating souffle. Buyer demand has not collapsed, it's merely flat," said Burley.
