How Vancouver’s housing tax on foreigners could cost homeowners and warp the labour market

Foreigners have many investment choices, including Boston, Melbourne, Toronto and San Francisco, making Vancouver a relatively small market subject to highly competitive housing prices. http://business.financialpost.com/fp-comment/jack-mintz-how-vancouvers-housing-tax-on-foreigners-could-cost-homeowners-and-warp-the-labour-market