text: I would like to see a federal ban on foreign real estate investment. I'm starting to think we shouldn't think of real estate as investments.
  
  I took the median family income in BC from Stats Canada, and used it in RBC's Mortgage Calc to estimate the maximum house cost they could afford. There is nothing in the GVRD that the median family income could afford, unless they had a few hundred thousand as a deposit. Keep in mind the majority of BC population is in the GVRD.