Earlier quoted context omitted.
That may be true, but money is still expensive, lead times are absurd, and we have a small number of companies who probably make most of their money jsut by owning the land regardless of whether it's developed or not. Likewise, even if you're making very good money in one of a scarce few highly specialized or senior positions, you'll need to be doing so for an extended period of time, and probably make much more than…
Agree, but that is a problem created by locals, not immigrants. Why do they blame immigrants?
If you had a big house in Vancouver, if you are a developer, if you are a certain type of business owner, you were riding high. If you're anyone else, your resume is now one among a thousand for almost any low-med skilled position, and the most viable cities were already! sitting at a ~1% vacancy, which is a real life pressing problem. Immigration numbers are a part of this, but not remotely close to the whole picture.
In some cases the biggest development companies are also foreign and have been extremely present in shaping things https://www.cbc.ca/news/canada/british-columbia/expo-86-chin...
For better and worse.