The Arrest of a Huawei Executive Could Have Implications for Real Estate, Too

Photograph by Kim Siever

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The arrest of Huawei CFO Meng Wanzhou has many repercussions, but one that investors may not have considered is the effect on the Canadian real estate market.

Two homes in an exclusive Vancouver neighborhood are reportedly owned by Meng’s husband. Meng Wanzhou was arrested in Canada on Dec. 1, on an extradition warrant to the U.S. for alleged violations of U.S. trade sanctions against Iran. Vancouver real estate prices have already been sliding.