Agenda? Spewed from the horses mouth. LMAO

Please provide the aforementioned stats.

Your stats are a bit like Christy Clark’s promises: they never materialize.

Mortgage debt, consumer debt (absolute and as a fraction of GDP), and rrsp/tfsa contributions for starters. Then add surveys about people being in dire straits if they missed a single pay check (even though such surveys aren’t completely reliable).

The numbers are out there. I’m not going to waste my time digging out links you’ll only ignore, though. You’re blind to the facts, my friend.

The fact that prices have grown in multiple locations does not mean that prices have grown for the same reasons.

This is especially true if you do the math and look at absolute vs proportional gains. In a place in which houses cost 100k, a simple 50k increase is a 50% jump.
Now, is it OK to compare that to a place in which 50% equals 500K?

A few years back I was like you, convinced it was all credit and local buyers. Experience and observation have taught me how wrong I was for a long time.

Did you fail math?

A city doesn’t need to have any Asian population whatsoever and still be affected by HAM.

Dumbest theory yet? Just concede that Canadians have over-extended themselves already. All the available stats support this.

It’s not a theory.

Chinese are buying up farmland all over the country.

They can and will buy anything, and everything, anywhere urban or rural, this country has no restrictions on foreigners buying real estate of any kind.

There is nothing to concede on my side, I’ve never argued against locals overextending themselves.

You on the other hand have a real problem conceding the effects of HAM.

Not at all – we have stats, remember? I’m not a conspiracy theorist who denies anything the government says because it was the government who said it.

I understand your game, you’re well aware that stats are plentiful on local buyers but deliberately not collected on foreigners, so you can make your claim and pretend HAM doesn’t exist.

Fortunately, after much shaming the BC Libs finally started collecting foreign buyer data (and by foreign I mean locusts) last June and it showed a very significant portion of sales were to those very same locusts.

You clearly have an agenda.