At a press conference on Wednesday, Premier Christy Clark said exempting pre-sales from the tax risked inciting a run on Vancouver real estate. A ripple effectPatrick Weekes, a Vancouver realtor working with RE/MAX, said Kerman's situation is not an uncommon one. An animator by trade, Kerman has been living and working in Vancouver for two years. He's one of thousands of foreigners living in Vancouver — including professors, hockey players, and experts needed by local companies. real estate and cool Vancouver's red hot housing market, but Kerman said it is adversely affecting people like him who just want to live and work here.

Source: CBC News July 28, 2016 13:31 UTC