B.C.’s money laundering inquiry will be a media circus By Mike Klassen, Vancouver Courier May 21, 2019 at 6:18 pm Four years ago this week, in my first effort as a regular Vancouver Courier columnist, I explained why neither provincial nor municipal politicians would dare intervene in the real estate market in order to drive down home prices. Too much tax revenue was at stake, I argued, not to mention it would be politically risky. When home equity begins to wither away, property owners are quick to blame their elected officials. May 2015 marked the mid-point of the B.C. Liberal mandate under Christy Clark’s leadership, and Mayor Gregor Robertson’s Vision party had just been re-elected to their third majority term in Vancouver. Both governments boasted about how strong the economy was performing, which was driven in part by a red-hot real estate market.