History repeats itself.

The first reports of Vancouver house prices skyrocketing due to overseas money, they appeared in the South China Morning Post ten years before a Canadian newspaper touched the matter.

Okay, so now on to that same set of rich folks, with money from overseas, leading to an explosion of luxury car sales in the same places in Canada where they buy up houses en masse.

So, is that a subject first reported by Canadian newspapers?

Of course not. The New York Times ran a huge expose on this long ago, with a headline and content that our politically correct Canadian media would NOT DARE choose: "Chinese Scions’ Song: My Daddy’s Rich and My Lamborghini’s Good-Looking".

Read it online. A quote: "The anger (of locals over Chinese money skyrocketing house prices) has had little effect on the gilded lives of Vancouver’s wealthy Chinese. Indeed, to the newcomers for whom money is no object, the next purchase after a house is usually a (high end) car, and then a few more."