In the Summer of 2016 I did several blogs on steps the Federal Government should take to start levelling the playing field between local and foreign buyers in Vancouver. There are a number of problems I have been seeing over the past 2 or 3 years. The main one is one principal buyer (wage earner) buying multiple homes and designating them as principal residence in family members names. My simple solution is, if you buy a house in Canada then you have to file a Canadian tax return and purchase the house with after tax income. This would eliminate the abuse of the principal residence exemption and put billions of dollars into the general tax coffer for things like roads, schools, hospitals and social housing.