Fed up Vancouverites launch petition against foreign ownership

While opinions differ on both the level and the impact of foreign ownership of homes in Vancouver, many of the city’s residents are fed up with rising prices making the city unaffordable. Now a new petition has been launched with the aim of pushing policymakers into action.

The change.org petition started by a resident named JW Gamal currently has just over 200 signatures, but is just a part of the movement that is gaining support in the city.

The organisation Vancouverites for Affordable Housing is holding a rally at the city’s art gallery on May 24. On the event’s Facebook page it says: "It's time to be heard! There is no end in sight to the stratospheric home prices in Vancouver and the effects are damaging the very fabric of our communities!"