Hot money from abroad (China, ME, LatAm) is behind a property bubble in Toronto, writes Diane...


Hot money from abroad (China, ME, LatAm) is behind a property bubble in Toronto, writes Diane Francis. There are 3 times more condo high-rises being built in Toronto than NYC, almost 7X more than in Chicago - and this in a "moribund" economy. Kicked out of numerous other countries, this money has hit "Toronto with a vengeance."

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  • Tschurin
    , contributor
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    Has the U.S. "kicked out" money from China?
    16 Apr 2012, 08:08 AM Reply Like
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