Yeah, and it’s a faulty assumption that all investors price housing on the basis of rents. I recall reading that in Vancouver, BC they had a large influx of for

Yeah, and it’s a faulty assumption that all investors price housing on the basis of rents. I recall reading that in Vancouver, BC they had a large influx of foreign money pouring into their housing market because it was a way for foreigners to expatriate their money. Drove prices through the roof. They had to impose measures to discourage it. Those properties, I read, often sat empty because using them for housing was never the intent of the owners.