A News 1130 article examines government efforts to cool down Metro Vancouver’s overheated housing market.
Real estate expert Tom Davidoff, with UBC Sauder School of Business, notes that there is merit in measures such as those being taken by the Chinese government in cities hit by the real estate frenzy, like Shanghai.
“Asking that people who live and work locally get some kind of break relative to people who are just looking to park cash in the economy probably isn’t a bad idea,” said Davidoff.
