Here in one of Burlingtons most desirable areas the last two egregioulsy overpriced homes were sold to Chinese buyers. One a single lady of late 30/s who apparantly does not work.  She says her husband is going to join her.....2 month ago.  Also she came in from Toronto as it was too busy.  Interesting I would say.  Friendly but very aloof and wont say anything about herself , employment ect.  

I believe we are experiencing what Vancouver and Toronto have been experencing here in good old Burlington and that it will only get worse and worse.  My friends kids desparatly want to live here but have give up.....to the offshore gang.

Bring in the tax and I would be happy if it was like Asterixm said up to 100 per cent.