The photo of Vancouver by Phil Hansman is from FreeImages.com. Despite pledges from Canadian Prime Minister Stephen Harper to track foreign property buyers should he win reelection , it is unlikely that the real estate market would recover , says Vancouver realtor Andrew Hasman . He believes that buyers would simply be able to find a " new way " around any potential restricting laws , which would mimic the tracking system currently in place in Australia . The Prime Minister"s comments follow rising house prices in Vancouver and Toronto , which his Conservative opponents believe are leaving Canadian residents unable to join the property ladder and are caused by a large amount of foreign investment .
Despite pledges from Canadian Prime Minister Stephen Harper to track foreign property buyers should he win reelection , it is unlikely that the real estate market would recover , says Vancouver realtor Andrew Hasman . He believes that buyers would simply be able to find a " new way " around any potential restricting laws , which would mimic the tracking system currently in place in Australia . The Prime Minister"s comments follow rising house prices in Vancouver and Toronto , which his Conservative opponents believe are leaving Canadian residents unable to join the property ladder and are caused by a large amount of foreign investment .