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Are foreign buyers distorting the Canadian real estate market?

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The two hottest real estate market in Canada is in Vancouver and Toronto.  With price of homes hovering into the million dollars, it is hard the average Canadian to afford a home.

Canadians are wondering if there is any truth to foreign buyers distorting the real estate market.

Can anyone provide insight if this is true or not?
in General Questions by (980 points)

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