Vancouver already addressed this issue with a foreign buyer tax and speculation tax. Problem is of course that local investors simply fill the void left by the

Vancouver already addressed this issue with a foreign buyer tax and speculation tax. Problem is of course that local investors simply fill the void left by the foreign ones! haha. Vancouver housing has continued to spike even after these taxes were introduced. I still think introducing these demand side policies was a good idea and necessary, but the impact of these policies has been pretty mild. Other jurisdictions shouldn't expect radical change if they implement similar anti-foreign buying regulations.