From our sister blog in Canada, Small Dead Animals: Real Estate Prices in Vancouver Grow Beyond Absurd

A bidding war recently got some homeowners in Vancouver a lot more than they were asking. Not surprising to learn that the highest bidder was from China.

Two questions that are increasingly being asked, mostly behind the scenes, are:

Where’s all this money coming from?

Is it all entirely legitimate?

Don’t ask too loudly though, lest you be called a racist. Furthermore, most homeowners don’t want such questions asked because it means more $$$ for them. One wonders though, 20 years from now, how the majority of British Columbians will feel about how a huge amount of their province’s property being owned by foreign nationals with little to no connection to Canada’s culture and heritage.

Historians will be bemused to reflect on how simply and easily so many British Columbians were bought off with relative ease. Al Capone would be jealous.

The comments thread is also interesting. Threads like these are the only place you can find what people really believe.