Traditionally it’s been a landing zone for East Asian immigrants. That said I’m very skeptical that foreign money is causing the bubble in Canada. We’re bring

Traditionally it’s been a landing zone for East Asian immigrants. That said I’m very skeptical that foreign money is causing the bubble in Canada. We’re bringing in 400,000 high skilled people per year and we allow people to raid their current home value and their pensions in order to buy a home. Those two things overshadow the measly 6-8% of the market which is foreign buyers. The proposed ban on foreign purchases will hopefully prove me out.