Hello Moore,

No, in my post, I did not point to "foreign millionaires" as the main engine of Vancouver's high house prices.

Instead I pointed to millionaires with ACCESS to overseas millions, meaning this is overseas money flooding into the Vancouver region in recent decades.

And MOST of that money has come in through investor immigrants through investor immigrant programs, meaning NO, they are NOT "foreign millionaires".

Are you new to these boards? Regular readers are very conversant in these important distinctions, as they have been clearly spelled out here hundreds of times.