First, thanks for posting your insights on the Vancouver market. I fly to Asia from Vancouver often and saw a large percentage of people of Chinese background, I didn't connect the dots as to how that has positively impacted Vancouver real estate prices.
A late reply to this but the story behind the influence of Chinese buyers in the Vancouver BC real estate market is a good one to research. The government had to enact a tax or equivalent to slow down the Chinese appetite. What happened after that was the move of Chinese buyers down into the Seattle-Tacoma market and others in the PNW. The Chinese were buying properties left and right.
My brother lives in Tacoma and the house next door went up for sale in around ten years or so ago. It was a 1920’s build and not in good shape. The real estate signs went up on a late Friday afternoon. At 0600 Saturday he was awakened by a crowd of 12-15 people, all Chinese. They were measuring and talking. By noon the signs were down.