Sunday, May 22, 2011

Another cost of Canada's immigration policy, or, breaking piggy banks

Further to this from Adrian MacNair on the recent Fraser Institute immigration study,
Family Reunification is Breaking the Canadian Piggy Bank

a lot of individuals' piggy banks are being broken too:
Housing costs soar in Vancouver

Surging real estate prices in Vancouver are pushing ownership costs into uncharted territory, putting it in the top ranks of the world’s most expensive cities and triggering fears the market is poised for a fall...


Funny that the Globe and Mail story not once mentions immigrants--but see this:
Vancouver Housing Prices Pass New York and London as Chinese ‘Move’ In

Well worth a look:
The Centre for Immigration Policy Reform

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