@vanreal: your argument is basically that existing long-standing owners are entitled to the various levels of government interference that are the root cause of high prices. Because if you are one of those owners who thinks high prices are simply a product of Vancouver being "desirable" and a free market, you have not tried even a little to figure out why prices have done what they've done. Quick hint: if Canada stopped giving real estate and mortgage debt ever increasing amounts of special treatment relative to every other investment type (and stopped facilitating citizenship of convenience), prices would TANK.