Editorial: A ban on foreign buyers is a bad idea

Green Party Leader Andrew Weaver is calling for a ban on foreign buyers investing in B.C. real estate. He says the move is necessary to curb the demand side of the market and make home ownership a reality for more people.
The idea has appeal for many who have been shut out of the Vancouver housing market as foreign buyers disconnected real estate prices from local incomes. Vancouver’s median income grew only 5.2 per cent from 2010 to 2015 adjusted for inflation while real estate prices soa