UBC prof looks at role of recent immigrants in B.C. housing market

A new study by UBC geography professor Dan Hiebert examined the impact of recent immigrants on B.C.’s housing market. More than half of immigrants to B.C. become homeowners within five years of arriving, Hiebert told BC Business. These immigrants purchased about 100,000 homes in Metro Vancouver, and Hiebert speculated that they bought across a wide spectrum of prices.