Deepak Malhotra, Investor & Landlord, Cheney WA,  99004

Chinese Buyers Causing Unaffordable Real Estate Prices in Vancouver Canada


https://www.scmp.com/news/china/money-wealth/article/3016074/unimpeachable-study-calls-foreign-ownership-primary-culprit

It has long been knows that buyers from China and Hong Kong have been driving up real estate prices in Vancouver BC.

The authors of this article found an almost perfect correlation between foreign ownership and price to income ratios (a measure of affordability or unaffordability) in various municipalities in the Vancouver BC area.