On its own, real estate accounted for 18 per cent of B.C. "This is why you shouldn't design your economy around real estate and real estate price appreciation," Gordon said. Real estate is 'not real life'For Vladimir Dvoracek, real estate's supremacy isn't just an economic problem. The average worker gives up a large chunk of each paycheque to income taxes, while taxes on real estate assets remain comparatively low. Host Stephen Quinn explores how foreign investment in real estate divides community, class and culture.

Source: CBC News May 09, 2018 10:52 UTC