Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

polly7

(20,582 posts)
Wed Dec 7, 2011, 07:23 PM Dec 2011

Damn. That's sobering and scary.

"Carney identified two drivers of Vancouver’s explosive housing market growth: low interest rates and the movement of Asian capital into “selected international housing markets as those investors seek out diversification and hard assets.”

Maybe it's time B.C.'s gov't needs to take a look into the benefits of these investments versus the harm.

Latest Discussions»Region Forums»Canada»Damn. That's sobering an...