[baybal2]

Having few skyhigh priced McMansions on property listing just to fish out these 4% of rich foreign buyers definitely makes most realtors to put extra efforts to cater to them, and hold out on locals.

Having foreign buyers buy very so-so, if not shitty for the price houses with 20% 30% premiums is a story which many realtors in Vancouver can talk about.

Although, I admit, the root cause is still the understudy of housing in big, fast growing cities.