Attention, Canadian immigrants! Vancouver residents have the priority to buy uncompleted residential flats.

Attention, buyers in Vancouver, Canada. Vancouver residents have the priority to buy uncompleted residential flats. What's going on here? This is a question that many people who go abroad are interested in. Let's take a look at it with the overseas immigration network! The following is the relevant information I have compiled. Welcome to reading.

Vancouver residents have the priority to buy uncompleted residential flats.

10 10 17, Vancouver Mayor Luo Pinxin's motion on giving priority to local residents to buy houses was passed by the Vancouver City Council with a vote of 7 to 2. The so-called local residents in Luo Pinxin refer to people who live and work in Dawen, regardless of nationality, with their permanent address and work place.

According to CBC, Luo Pinxin said that many people are worried about the speculation in Vancouver's real estate industry, such as secretly pre-selling, reselling and speculating, and buying a large number of uncompleted residential flats at one time. As the provincial government is mainly responsible for the supervision of the real estate industry, Vancouver will cooperate with the provincial government to solve these problems. After the motion is passed, the Wenzhou Municipal Government will begin to introduce a new policy, giving priority to citizens living and working in Vancouver to buy pre-sold uncompleted residential flats and cracking down on property speculation by buying a large number of uncompleted residential flats.

Luo Pinxin pointed out that the Vancouver municipal government needs to design a fair mechanism with reference to Wen Xi's past practice, and first help Wenzhou residents find affordable housing.

According to reports, the contract signed between the Wen Xi Municipal Government and the developer stipulates that Sewell Landing property owned by Xilan can only be sold to local residents in Wenqian in the first month of pre-sale, and can only be opened to residents in Dawen in the next two months. The contract also requires all buyers of the building to sign documents and promise not to resell the completed building to others before the final delivery of the building, and promise that the building will be occupied by themselves or their families after completion. The data shows that nearly 70% of Sewell's Landing properties have been sold in advance. Luo Pinxin praised the project as a great success.

However, Melissa De Genova, a city councilor of the Non-Party Association (NPA), criticized that giving Dawen residents the priority to buy uncompleted residential flats is tantamount to excluding the rights of those residents who cannot afford to buy uncompleted residential flats after moving out of Wenzhou in the future, and at the same time preventing immigrants or refugees from other cities planning to live in Wenzhou from buying uncompleted residential flats. NPA city councilor George Affleck said that this policy is suspected of discrimination.