Hi Shipboard,

You new to these boards? 

It is actually kind of quaint to see your tired attempt at argument, because the argument you are trying to make is rarely seen here anymore, it is so laughable.

Anyways, since you seem new to these boards, a quick review for you:

1. "Foreign buyers" (your focus) has nothing much to do with OVERSEAS MONEY (my focus). The vast majority of overseas money into Vancouver in recent decades was not from foreigners, it was from investor immigrant channels, people who bought Canadian citizenship.

2. Item "1" above is the mechanism by which students in public schools on the west side of Vancouver and Richmond went, over the course of a couple of decades, from less than 10% to suddenly over 70% having facial features consistent with Chinese ancestry.

3. Houses were torn down en masse to replace them with new big houses with Feng Shui features, wanted by the above buyers - same reason the applications skyrocketed for lucky number street addresses.