Earlier this month, I created an online poll asking readers if they favored a Vancouver, B.C.-like tax on foreign buyers of residential property. The results were unscientific but resounding: More than 68 percent of respondents favored it.

The action by the British Columbia government came in August, imposing on foreigners a 15 percent property-transfer excise tax for real-estate purchases in metropolitan Vancouver.

Source: http://www.seattletimes.com/business/bc-like-tax-is-wrong-answer-for-soaring-home-prices-here/