"This entire fiasco has been caused by incompetent central bankers...".

Lots of folks used to say that about Vancouver until the obvious dawned on them, that local incomes in a city cannot explain house prices shooting up to dozens of times the average annual local income...

... and a good clue in that regard was that policies of Canada's central banks cannot, um, cause a marked change in facial features of most of the students in the public schools in the pricey neighbourhoods...