The foreign investor -- the nameless, faceless entity believed to be driving up home prices in Vancouver -- has been named The Canadian Press business newsmaker of the year. Sotheby's International Realty Canada's Brad Henderson says foreign investors have become a scapegoat for eroding affordability. (It's the first time since the survey began in 2003 that an entity, rather than a specific individual, has taken the business newsmaker spot.)

Date: 2016-12-27
Placeline: TORONTO.
Source: The Canadian Press
Length: 14 seconds

Transcript Prediction: << people needed to have a villain to blame and so in our opinion the villain that ended up getting blamed was the foreign buyer because that person for the most part didn't have a face >>

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