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It's not just the MSM, it's the CMHC and Stats Canada. https://www.cmhc-schl.gc.ca/en/data-and-research/publications-and-reports/housing-market-insight-canada h

by corny 8y ago

It's not just the MSM, it's the CMHC and Stats Canada. https://www.cmhc-schl.gc.ca/en/data-and-research/publications-and-reports/housing-market-insight-canada https://www.cmhc-schl.gc.ca/en/data-and-research/publication... Also, what's not mentioned in that report is the percentage of purchases by foreign-owners last year or the year before. The 4.8% number is total Vancouver residential foreign-ownership - it's just a snapshot.

mistermann 8y ago
> It's not just the MSM, it's the CMHC and Stats Canada. The linked CMHC numbers are surveys of people's perceptions of the impact of foreign money, which is a hilariously useless metric. Stats Canada is pretty careful about the wording they use, I imagine they run everything by the legal department before release to make sure they're not technically lying, they leave that up to the newspapers and TV to accidentally misreport repeatedly, until it becomes common knowledge.