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You're right, I somewhat simplified the problem.

You're definitely right with the overall numbers: http://www.theglobeandmail.com/news/bc-government-releases-p...

However those numbers are for home sales overall, not a survey of who owns unoccupied homes. In addition, in many ways it's not much better if a house is foreign-owned or not if it's empty, since it still takes much-needed property supply off the market and artificially drives up housing prices.



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