I'm not disputing the fact that overseas investors have had an impact! if you had read my post you'd see that in my view, the bigger culprit is the  ill conceived and badly executed ALR introduced 43 years ago by the NDP.  If you look back at house prices in Metro back then before the implementation of the ALR, you'll discover that house prices were in line with those in Calgary or Edmonton.  Calgary and Edmonton don't have green belts or an ALR and since then, despite those two cities booming, Vancouver house prices have left them in the dust.  It's a clear case of supply and demand.... no supply (no land) plus huge demand equals skyrocketing prices. Did it ever occur to you why Vancouver has so many high rise buildings?... there's no more land, that's why!  I'm not advocating for urban sprawl, I'm just trying to point out what in my opinion is the main reason why prices have risen so much in Vancouver. So Dude, how's that for an explanation?