Colourful houses line a street in the Vancouver neighbourhood of Mount Pleasant. Photo: Ian Young

Foreign ownership main culprit for unaffordable housing in Vancouver, a top destination for Chinese funds, ‘unimpeachable’ study says

  • A study found a near-perfect 96 per cent correlation between detached housing unaffordability and foreign ownership rates across 14 Vancouver municipalities
  • The Canadian city has for decades attracted waves of millionaires and money from mainland China, Hong Kong and Taiwan
Topic |   Vancouver

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Colourful houses line a street in the Vancouver neighbourhood of Mount Pleasant. Photo: Ian Young
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