Vancouver Housing Unaffordability Due To Foreign Ownership, Chinese Funds, & Migrant Millionaires, Study Says
via Zerohedge: A new study has provided evidence linking unaffordable housing in Vancouver to foreign ownership, Chinese capital and millionaire migrants, according to the SCMP. A white paper published by Josh Gordon, an assistant professor at Simon Fraser University’s school of public policy, found a stunning 96% correlation between metro Vancouver municipalities’ price to income ratios and the proportion … Read more