Its EASY to blame overseas money. But lets look at the whole region. It was recognized long ago that the region needs a development strategy. Building communities that are self serving but instead of this you can look throughout the region and see that it still dominated by single family zoning. With sprawl we have a crumbling transportation infrastructure. Skytrain is OLD and works when it wants to. LRT for Surrey is only because there is no money. Government at all level only plan for the present. Look at the numbers, we see 70% of Abbotsfords population leaving everyday to work outside in neighboring communities. Its easy to see why. Low housing prices means people that cant afford in Vancouver will take a chance at home ownership even if it means a 2 hr one way commute to work everyday. Overseas money may have exacerbated the problems but it is not the main reason why that caused this situation. Blame underlying problems with government and lack of any regional development strategy