With respect to cottage property, the capital gains tax, which is a levy on the difference between real and inflated dollars and thus a tax on inflation, is totally unfair and totally unaffordable, which is why cottage owners hold on until they die and the deemed disposition on death kicks in and wipes out the inheritance of the kids. So, the market is distorted by the fact that a huge proportion of owners will not sell because much of the gain will go straight to finance lunatics like Morneau and Trudeau. This leaves very few properties on sale, driving up prices which only foreigners can afford thanks to our competitive dollar designed to export ownership of Canadian real estate. If Mad Max isn't elected leader, become P.M., and abolish the capital gains tax, the madness will go on.