Hello?

What's new about that?

What is new is that young people ARE BUYING in Vancouver's priciest neighbourhoods, in the city, such as Kerrisdale and Dunbar and Quilchena...

... but they are using billions of dollars flooding in from overseas, and that is pricing out local workers, making houses cost dozens of times the average annual local income.

So again, hello, that process was NOT happening during the prior century of Vancouver's history, and only burst onto the scene in Vancouver starting in the late 1980s. And that process has NEVER happened in Edmonton or Calgary or Winnipeg or Halifax or Regina or Kingston or Windsor. 

So yes, actually there IS something MASSIVELY new about this, this 300 foot high tidal wave of overseas money flooding in with a target of Vancouver...