[quote=FlyerInHi]Another thing to consider is that, unlike Canadians, Asian buyers, especially the part time residents, don’t really understand very high property taxes and HOA. The rich won’t have a problem, the middle class who rode the property boom might get tired of paying a middle class salary (for them) in annual maintenance costs.[/quote]
I would agree with this, time will tell how that plays out. They do understand HOA’s with condos but the High MR and HOA’s really throw them after they buy new SFH, but they are learning fast.
