Why Canada’s ban on foreign homebuyers is unlikely to affect housing affordability
A new act in Canada bans non-citizens, non-permanent residents and foreign commercial enterprises from buying Canadian residential properties; but there is no single policy that could address the affordability issue without introducing other challenges, writes Associate Professor Diana Mok...
Associate Professor of Real Estate Finance and Economics, Western University. My research interests are broadly defined in the realm of real estate and urban economics, with a focus on housing and urban development. Most of my research studies have been applied, empirical studies of urban phenomena drawn from existing theories, and I often adopt a spatial lens to study my research questions. Specifically, my research has evolved and developed around three themes, intertwined, and with a spatial focus: risk, real estate, and urban growth. I seek to understand the interrelatedness among risk, the real estate market, and how the real estate market affects people’s economic activities in everyday life.
Canada blocks foreign property investment for two years
'The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors,' says Canada's ruling party.
Balearic Islands consider a ban on foreign property buyers
A Canadian-style ban on non-resident property buyers 'would be a definitive step to start solving the housing problem' on Mallorca and Ibiza, suggests a senior politician.
New Zealand bans the sale of homes to foreign buyers
'We should not be tenants in our own land', declares NZ Finance Minister
By PrimeResi
Most read
High-end sales surge in London amid post-Budget clarity
Latest data shows £5mn-plus exchanges jumped 29% in Q4, although prices continued to slide across the capital's top postcodes.
Native Land lines up next super-prime play with Belgravia acquisition
Rare half-acre freehold secured for amenity-rich luxury resi scheme designed by Pilbrow & Partners.
Strutt & Parker bolsters country house team with high-level hire in the South West
Sarah Brown has moved from Knight Frank, becoming the latest in a run of senior appointments by the BNP Paribas-owned agency.
By PrimeResi
Interview: Mark Harvey on the strategy behind Knight Frank’s next phase of global growth
The agency’s international chief discusses doubling down on key wealth hubs, reshaping partnerships and targeting new lifestyle markets - plus why London remains at the top of the global property map.
US & Caribbean construction firm enters UK’s super-prime market
Remian acquires high-end specialist Rossco and sets up London HQ.
Knight Frank maps out ‘highly targeted’ expansion across key global hubs
Focus will be on 'expanding thoughtfully in the markets that matter most to our clients', says property firm's head of international.
My Property Career: Quickfire Q&A with Gary Hersham
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Albion Nord appoints two new Creative Directors
The London-based interior design studio is expanding across the UK and overseas.
Griskin brothers team up to advise HNW buyers
Indie buying agency specialises in international & Russian-speaking private clients.
By PrimeResi
‘The opportunity is clear’: A luxury developer’s view of the prime resi market in 2026
REDD's Russell Smithers on the return of confidence, quality and long-term thinking.
LATEST ARTICLES
Revealed: The UK’s top-performing prime rental markets in 2025
South West London neighbourhoods led the way as outer commuter belt markets also outperformed.
‘The opportunity is clear’: A luxury developer’s view of the prime resi market in 2026
REDD's Russell Smithers on the return of confidence, quality and long-term thinking.
Savills Middle East names new COO for fast-growing resi arm
Fay Lloyd takes on senior operating role as agency targets further expansion across the region.
Savills lines up three-site Cambridge move as it departs long-standing base
Firm to relocate 170 staff from Unex House to three new offices across the city.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes