中國打擊現金流出可能使溫哥華房地產崩潰

Global real estate markets are breaking a sweat and Vancouver should be no exception. Those same Foreign buyers that sent property values soaring around the world are now a little short on foreign currency.

全球房地產市場開始流汗，溫哥華也不例外。那些在全球範圍內推動房地產價格飆升的外國買家現在有點短缺外幣了。

New regulations now prohibit the exchange of yuan for real estate making it tricky to get currency into foreign markets. Without that sweet yuan converted Chinese buyers won't be able to continue driving prices and could have trouble paying for existing property.

現在新的法規禁止房地產業的人民幣兌換，這使貨幣進入國外市場的流程變得複雜。如果不能兌換人民幣，中國買家將無法繼續推動價格上漲，並有可能無法償付現有的房產。

What Are The Restrictions?

何爲管制？

Everyone knows China has capital controls but most don't know about China's capital controls. They're a set of restrictions on converting yuan into foreign currency. A requirement since the yuan is basically Monopoly money outside of China since it's not convertible... yet. Each Chinese citizen is allowed to convert up to US$50000 per year per person. If that number seems low to be purchasing prime real estate it is.

大家都知道中國存在資本管制，但大多數人都不瞭解中國的資本管制。這是針對人民幣兌換外幣的一系列限制。由於人民幣基本上是壟斷貨幣，在中國以外尚不可流通。中國公民每人每年可兌換50000美元。如果要購買豪華地產的話，這個數字看起來很低。

The benchmark average for a property in Vancouver was CA$897600 (US$689805) in December 2016. Foreign buyers don't have verifiable income by Canada's standards so they need 30 per cent down. This works out to CA$179520 (US$137961) -- more than three times the amount that can be converted and exported. So how do you get more than that out of the country to become the largest group of foreign property buyers? Smurfing.

2016年12月溫哥華地產的平均基準價格是897600加元(689805美元).以加拿大的標準，國外買家並沒有可確認的收入，因此他們的首付要30%。也就是179520加元(137961美元)。——超過可兌換匯出數目的三倍。所以怎樣在國外得到超過限額的錢併成爲最大的國外地產買家集團呢?洗錢。