Ian Young from SCMP on Van MAg:
The Van Mag Q&A: Ian Young on racism and real estate - Vancouver Magazine
"
Now, everyone gets tied up on foreignness. Are we targeting foreigners? I think the safest and most sensible thing to do is just take that out of the equation. It is not relevant whether or not a buyer is foreign, if they’re an immigrant or any of that. What is relevant is where their money is coming from and where they’re earning their money, because that’s what drives unaffordability, by definition: the gap between local prices and local incomes. It doesn’t matter whether or not the person is foreign. What matters is whether their income is foreign."