Then add the BC Home partnership scheme to presales demand for our condos overseas:

http://www.theglobeandmail.com/real-estate/vancouver/vancouvers-presale-condo-market-reaches-fever-pitch/article34771425/

And we have a recipe for a pricing scenario that will force more and more first time buyers out of the market.

The ability of working families to own their own home in metro Vancouver?  Stick a fork in it.