QIIP Adding Fuel to Vancouver Housing Crisis In this episode of #TheSaretsky Show Ian Young a well respected journalist for the South China Morning Post and author of the popular Hongcouver blog discusses the Quebec Immigrant Investors program. Ian believes the program, which basically involves selling Canadian passports is not only unethical but is a drain on the economy despite the initial influx of cash. Rich Chinese use the Quebec Immigrant Investors program to come through the backdoor into Vancouver and then purchase expensive real estate. Many of the investors then go on to pay little to no income tax here. Ian Young believes the program should be shut down. This interview was an eye opener and I highly recommend you dive into it. I’ve included the show notes below so you can navigate to the parts that interest you. Show Notes: 0:45 What’s your background and where are you from? 1:57 Do you own real estate here in Vancouver? 3:44 Is Vancouver heading towards a Hong Kong market? 4:44 Did you see any immediate changes to the Hong Kong market when they implemented their 15% tax? 6:01 What do you think is the biggest reason behind unaffordability here in