North Shore News highlighted the gold rush on real estate on the North Shore.
According to David Ley, a UBC geography professor who has studied immigration flows between Asia and Canada, foreign capital is driving the top end of the market, but there are reasons this is being downplayed.
“The market is on such a tear the development lobby is benefitting immensely and the development lobby is an important funder of politicians in this province,” Ley said.
