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All of Canada is in a bubble, not just Vancouver. Thus it's not the Chinese. Things will burst here too, for Canada is not different and is not immune to the

• abcd_f 15y ago
  Vancouver is in a bubble of its own. Where else 2M would buy you a 70 year old teardown on 1/6 acre lot in EastVan-like neighborhood? Just talk to realtors, and they will furnish a metric ton of evidence that it's the Chinese who are driving the speculation here. Houses sitting on a market for few months and then suddenly getting sold over asking in a bid war between 3 Chinese gentlemen... yeah, it's not Chinese :)
• cperciva 15y ago
  The Y/Y inflation-adjusted increase in housing prices in Canada excluding Greater Vancouver is 2.5%. The Y/Y inflation-adjusted increase in housing prices in Greater Vancouver is 12%. If inflation plus 2.5% is a bubble, it's a very very minor one. Inflation plus 12%, on the other hand, is definitely in bubble territory.