Home Prices Have Soared in Vancouver, So Why Is No One Building?
A rezoning application sign is displayed on a property in Vancouver, British Columbia, Canada, on Sunday, Dec. 11, 2016. In August, the province of British Columbia imposed a 15 percent tax on foreign buyers, and in October the federal government tightened rules on mortgage eligibility. Those steps had some success in cooling the market -- but also sent a signal to developers and builders to slow down. Photographer: Ben Nelms/Bloomberg via Getty Images

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629490108
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December 11, 2016
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REAL ESTATE VANCOUVER
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