Ocean-View Mansion: Property Listing and Belmont Avenue

ocean-view mansion: He Yiju purchased the ocean-view mansion on Belmont Avenue, one of Vancouver's most exclusive addresses that has been dubbed Billionaire's Row, in 2015, according to CNN. Her husband Zheng Jianjiang, a top politician in China's rubber-stamp parliament, the National People's Congress, is not named on the property listing. Vancouver is consistently ranked one of North America's most-expensive housing markets and experts say prices there have skyrocketed in large part due to Chinese investment. Their family had a combined net worth of 925 million in October 2018, according to Forbes. He denies, however, that the property was empty. In 2018, Vancouver's government ruled that He was subject to Vancouver's Empty Homes Tax, which requiresowners of unoccupied homes to pay a 1% levy on their properties' value. (news.financializer.com). As reported in the news.

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