[peter12]

Originally Posted by squiggs96

My issue with saying Chinese, or the Chinese, is that it's not just people from China that are buying properties in Vancouver. There are many people, from many countries that want to own here. People from Iran, Japan, Australia, United States, United Kingdom, Russia, etc. and even other parts of Canada, want to buy in Vancouver. By saying only the Chinese are driving up prices, taking over Vancouver, ruining the economy, etc. is inherently racist. Why only say the Chinese, when there are many other countries, plus other Canadians, that are influencing the housing prices? I agree wholeheartedly there are housing issues in Vancouver. I hate how people blame Chinese people for what has transpired.

But the structural circumstances of China's political economy point to it being the driving factor of all of this. Once again, it is not racist to point this out.