I think describing this just as volatility somewhat misses the fact that this is the new rules and taxes in Vancouver working as designed. The steep tax on empt

I think describing this just as volatility somewhat misses the fact that this is the new rules and taxes in Vancouver working as designed. The steep tax on empty properties was explicitly intended to bring down house prices and reduce rents / increase vacancy rates and it seems like it is actually working, although I've also heard it's become more difficult for potential buyers to get their money out of China recently which may also be a contributing factor.