Wow! The lack of empathy in comments on stories like these always shocks me! Open your eyes to what's really happening - empty neighbourhoods with no renewal, no sense of community, essential workers who can't live where they work, local businesses driven out, no new people coming (apart from the gobal elite) due to housing costs.  Let Vancouver be a lesson as even young doctors and lawyers flee. These comments tend to come from people who (1) by lottery of birth - and not pure thrift and financial discipline -  managed to buy a home before recent increases (use an inflation calculator to see what your 1989 "peak market" purchase price actually equates to now!), (2) live outside of Van/TO and are not tied to jobs in major centers (no jobs in my legal specialization in Windsor!), (3) have benefitted from recent RE price increases, and/or (4) don't have precarious living situations and young families to worry about, and may not care about cities hollowing out because "I'm doing great".