Quote:
Originally Posted by whatnext
True that. I was at a party over the holidays and the hosts had a former homestay student now attending university, his parents in China bought him a brand new $800k condo in Metrotown. I'm always amazed at people on the board who delude themselves into thinking this is only an issue affecting SFH on the West Side.
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I recall that in Switzerland, foreign investors are limited in the places and developments they can buy into. While there are likely issues in terms of enforcement and tracking (not to mention incentivising developers), maybe it's time for BC to look into a similar system.