Nothing will stop the speculation...although fewer might do it.  We have things immigrants want that go far beyond financial benefits because laws need to be changed or (as this piece makes clear) simply enforced.  Our west coast weather's nice. Our scenery is great.  Our standard of living is high.  Our government is democratic. Our schools are good. Unfortunate that our housing supply is so limited. THOSE factors, not simply "abuses" are what drive prices. A couple of years from now, when the changes have been made and the off-shore speculation even a smaller factor than it is today, hundreds of thousands of the frustrated and angry will STILL be unable to find and buy an "affordable" (say, $350,000, for a 3-bedroom, 2 bath 1,700 sq. ft home of any age) home.  

Who will they point fingers at then?