Yet another opinion piece  talking about how the 15% foreign buyers tax is responsible for a drop in sales and prices in metro Vancouver, whereas seven months ago they were all stating that offshore buyers had no discernable effect on sales and price.

It was Vancouver's great economy, inflow migration from other Provinces including wealthy Albertans retiring here, tech industry workers buying homes, and low interest rates.  

In fact we were told that offshore buyers accounted for only a miniscule percentage of the market, only a couple percent. Hardly anything at all. And many opinion pieces didn't even mention foreign buyers as a cause of the trajectory in Vancouver price and sales.

So now that "hardly anything at all" has caused the Vancouver housing market to screech to a halt, and reverse years of double digit price increases?