Foreign ownership stats – BC real estate

Posted by MoneyTalks Editor

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Yes, accurate data does matter – especially when it comes to making government policy designed to “cool” or “rein in” private markets. We’ve warned for some time that federal, provincial and municipal efforts to impede the housing market could have significant negative un-intended consequences. And this chart from Stats Can suggests the policies are be made to fix a problem that may not exist outside 3 or 4 high-end (never affordable at any time) neighbourhoods.

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