Correct. As long as wealthy new arrivals bring offshore funds non-taxed into Canada, prices will rise. Attracted by tax policies such as claiming non-residency for income tax purposes, these wealthy elites send family members and students to live here in newly purchased homes while local income earners pay ever increasingly more for homes or are excluded. We also have to pay income tax here in Canada for services. When will we start to have an intelligent conversation about this, that doesn't resort to labelling anyone who questions current immigration policy a racist?