Soaring Vancouver home prices spur anger toward foreign buyers

"Average, hardworking Canadian residents are being forced to compete for housing with the global wealthy," said Xia, who immigrated to Canada from China as child. "People here are getting angry."


VANCOUVER (Reuters) - After years of watching Vancouver housing prices climb, driven in part by Chinese investment, Eveline Xia came to a painful realization: Despite having a Master's degree and solid career prospects, she might never be able to afford a home in the city where she grew up.
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