Douglas Todd: How would Vancouver’s housing bubble burst? Look to China
February 17th, 2017
No question is more on the minds of Metro Vancouver homeowners and renters than how and when the region’s housing bubble could burst.
After stratospheric escalation, a punctured bubble would be disaster for hundreds of thousands of over-mortgaged homeowners. Yet it could bring relief to those desperate to get into housing.
Last summer’s B.C. government 15-per-cent tax on foreign buyers and ...