[Jack000]

if we're going with the Chinese investors are inflating real estate prices theory - most Chinese people would probably find the cold winters in the rest of Canada a deal breaker, whereas the rain in Vancouver is a mild inconvenience. If you don't want to go to the US, Vancouver Canada and Australia are at the top of the list - Vancouver doubly so because of the large native Chinese population.

Personally I think the foreign investment segment in the Vancouver real estate market is a bit over-reported. A large part of the demand here comes from East-Asian immigrants (30% of the population) who will buy a home despite renting being a better fiscal option. This is reflected in the gap between ownership and rental prices.