Vancouver Sun: Metro Vancouver’s market heating up again, despite foreign-buyer tax

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July 14, 2017 | Jennifer Saltman

Quoted from the article:

“I wouldn’t have expected any substantial change in the real estate market in Metro Vancouver because none of the underlying issues really have been dealt with,” said David Eby, Vancouver-Point Grey MLA and spokesman for the B.C. NDP on housing. “We have a chronic shortage of affordable housing being constructed in Metro Vancouver and we haven’t addressed issues of toxic demand in our housing market — especially speculation.”

Read the full article: http://vancouversun.com/news/local-news/metro-vancouvers-market-heating-up-again-foreign-buyer-tax-not-effective