The pics give some inkling of the property price inflation Vancouver has seen over the last couple decades.
From the South China Morning Piost:
With the arrest of Huawei CFO Sabrina Meng Wanzhou at the request of the United States, Vancouver has found itself at the epicentre of a ground-shaking, magnitude-nine, monster of a story.
- Title documents on two Vancouver mansions, worth US$16.4 million, identify Meng Wanzhou’s husband as Liu Xiaozong
- Meng’s current circumstances are remarkable, but her Canadian backstory is familiar – she is a reverse immigrant who left family members in Vancouver for years
A distillation of two superpowers’ current and future battle for primacy on the world’s economic stage, the case has roiled financial markets and provoked fury from Beijing, as the US-China trade war hangs in the balance. It is a tale of epic sweep.
And yet on another, granular, level, Vancouverites could be forgiven for thinking Meng’s backstory sounds, well, pretty ho-hum: that of a wealthy returnee immigrant and satellite parent, who abandoned Canadian permanent residency for more-lucrative opportunities back in China, while buying a couple of Westside Vancouver mansions for her family.Meng was arrested at Vancouver’s airport as she changed planes in December 1, and is being detained in prison pending the outcome of a bail hearing and possible extradition to the United States to face fraud charges.Sabrina Meng Wanzhou: the goldfish in the bowl that is the biggest story in the worldAccording to Meng’s lawyer, David J. Martin, his client and her husband – identified in the bail hearing on Friday only as “Mr Liu” – are the owners of two multimillion-dollar properties, in the tony neighbourhoods of Dunbar and Shaughnessy.Land-title documents show that the homes, on West 28th Avenue and Matthews Avenue, are in the name of Liu Xiaozong.Meng’s husband is enigmatically described as a “marketing developer” in the October 2009 title registration of the 28th Avenue property, a three-level home currently worth C$5.6 million (US$4.2 million), according to BC Assessment....
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Meanwhile in France you can pick up this pile for under $3 million: