It's the same everywhere. Vancouver, Toronto. Surpluses are being gathered by the global elite and they are coming back to buy property the locals cannot affo

It's the same everywhere. Vancouver, Toronto. Surpluses are being gathered by the global elite and they are coming back to buy property the locals cannot afford and leave the spaces underutilized and empty. How on god's green earth we allow our 'land' in urban areas - a very valuable resource to be 'exported' while owners pay nary any taxes ... is completely insane. We should basically ban foreign ownership, or, tax it heavily and especially require domiciles to be either occupied or to have a tax so that it 'gets occupied' at some rate.