Re:Vancouver house prices are falling
by msie on Sunday February 05, 2017 @04:56AM
(#13571660)
Only 15% of purchases were made by foreigners. 85% were made by Canadians. How about places in Alberta when the oil business was booming? Prices were driven up by Canadians, not foreigners. Everyone wants to solely blame foreigners when there were other issues like geography, low-interest mortgages, Vancouver being the only major city on the Canadian west coast, etc. What about foreigners coming here to work and plant roots?
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