Quote:
Originally Posted by counterfactual
Fair points. Vancouver, I think, is one of the markets that seriously needs to look at limiting offshore property investment/ownership.
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I've heard that the foreign ownership thing in Vancouver is likely more myth than reality with realtors sometimes exaggerating the facts or downright misleading / lying to buyers in order to stoke interest.
I know Garth Turner has stated this many times over the years on his blog.
http://www.greaterfool.ca/2015/05/12/the-frauds/