1. Vancouver, Immigration, China, & Housing April 2016 Prof. Tsur Somerville, PhD

2. THE UNIVERSITY OF BRITISH COLUMBIA Talk Outline Price History Other Cities Immigration China Slide 2

3. THE UNIVERSITY OF BRITISH COLUMBIA Single Family House Price Index Comparing Locations – 1986-2000 Slide 3

4. THE UNIVERSITY OF BRITISH COLUMBIA Single Family House Price Index Comparing Locations Slide 4

5. THE UNIVERSITY OF BRITISH COLUMBIA Percentage Change in House Prices - 2012-15 Slide 5

6. THE UNIVERSITY OF BRITISH COLUMBIA Price Index (2009=100) Slide 6

7. THE UNIVERSITY OF BRITISH COLUMBIA Price Index (2013=100) Slide 7

8. THE UNIVERSITY OF BRITISH COLUMBIA BC Immigration & Migration Slide 8

9. THE UNIVERSITY OF BRITISH COLUMBIA Source of BC Immigrants: 2012 Slide 9

10. THE UNIVERSITY OF BRITISH COLUMBIA 2005-12 Share by Immigrant Type Slide 10

11. THE UNIVERSITY OF BRITISH COLUMBIA China’s Share of BC Immigrants Slide 11

12. THE UNIVERSITY OF BRITISH COLUMBIA Annual House Price Growth 2008-13 Slide 12

13. THE UNIVERSITY OF BRITISH COLUMBIA Annual House Price Growth China 2008-13 vs Other 2002-07 Slide 13

14. THE UNIVERSITY OF BRITISH COLUMBIA Savings Rate % of GDP Slide 14

15. THE UNIVERSITY OF BRITISH COLUMBIA Ratio Stock and Bond Market Capitalization to GDP 2012 Slide 15

16. THE UNIVERSITY OF BRITISH COLUMBIA Percent Change in China's Foreign Reserves Last 12 Months (Reserves in $US) Slide 16

17. THE UNIVERSITY OF BRITISH COLUMBIA Where We Are Headed Declining Immigration to BC –All just switching to 10 year tourist visas? Currency restrictions in China Appreciating $C? Slide 17