Is it the new legal immigrants that are buying property above asking price? Or wealthy people / companies planning to rent them out to families like ours that can't afford to buy and can barely afford to rent?

Back to your original comment about new legal immigrants flooding the housing market and pricing you out if your houseing. Do you still feel that way after this exercise?

I think we live in the same place because the prices are about right. I'm certain the immigrant families can't afford $1,700 a month for a studio either.

Instead of scapegoating people for looking for a better life, we should join forces against greedy landlords that keep jacking up the rent and a housing system where prices never go down because people are leveraging their current assets too buy more rental properties.

Conspiracy Theorists are going to have a field day with this headline. It's a shame because anything we can do to fight cancer should be something we all want.

Apologies for the negative take to such positive news. A lot of my family are into these theories, so this is the first place my mind goes.