China’s Record $725 BILLION Capital Outflow to Australia, New Zealand, UK , Canadian Housing Markets
844 views · Published 5 February 2017 · 10:51 · Indexed 8 November 2026
Channel: Mike Martins · 2017 · News & Politics
“When you have nowhere to put your money, where do you want to park it? You want to park it into real estate.” — Mike Martins YouTubers, Mike Martins here, Mike Martins Channel. I’ve got another important article to add to our ongoing discussion about the housing crisis, foreign investment and what is happening to real estate prices in places like Vancouver. This one was sent to me by popular demand, and the numbers being reported here are absolutely massive. According to the article, China suffered a record $725 BILLION in capital outflows in 2016. Think about that number for a second. We’re talking about hundreds of billions of dollars leaving one country in a single year. So my question is simple: WHERE IS ALL THIS MONEY GOING? We’ve been talking for a long time about foreign capital entering real estate markets around the world. Vancouver has become one of the biggest examples of what can happen when huge amounts of outside money enter a housing market where ordinary working people are trying to buy homes. And it isn’t just Vancouver. Look at what is happening in Canada, Australia, New Zealand and the United Kingdom. Housing prices in many major cities have become completely disconnected from what the average local person earns. If somebody has accumulated a lot of wealth but doesn’t trust where their money is sitting, what are they going to do? They’re going to park that money somewhere else. Real estate. Land. Stocks. Bonds. Precious metals. Currency. Bitcoin. Anything they believe will preserve their wealth. The article also discusses China tightening its capital controls as authorities attempt to slow the amount of money leaving the country. China reportedly experienced a major decline in its foreign-exchange reserves while the yuan suffered a significant decline against the U.S. dollar. This raises another huge question: Did China wait too long to stop the money from leaving? And what happens to countries receiving this money? Because when billions of dollars start moving around the world looking for somewhere safe to park, that money doesn't simply disappear. It lands somewhere. When enough of it lands in housing, ordinary families can suddenly find themselves competing against international wealth instead of other local families. That is the part of this housing crisis I think we need to keep discussing. Something very big is happening with global capital, currencies and real estate, and I don't think enough average people are talking about it. Watch the video, check out the article for yourself, and tell me what you think. Why is so much money leaving China? Where is it going? And how much of it is ending up in Canadian real estate? Comment below. #china #chinaeconomy #capitalflight #chinesemoneyplant #chineseyuan #globaleconomy #globalmarkets #bitcoin #cryptocurrency #canada #australia #newzealand #ukhousingcrisis #housingaffordability #economiccrisis #mikemartins #MikeMartinsChannel
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