Those who " want to live in Vancouver are just going to have to change their expectations"?

Many of those looking to buy a home but don't have $1 million in equity are young(ish) professionals, often paying more in income taxes than older home owners earn in employment income.  

Such relatively high earners certainly don't want government handouts, but we're getting sick of funding infrastructure and social services (including health care, OAS, etc) that benefit mainly non-tax paying foreigners for whom Vancouver is a vacation getaway and the older generation who's telling us to lower our expectations (while expecting us to fund their retirement while their housing lottery winnings sits untaxed in the bank).  Insane!  

Boomers never would have put up with this craziness; they fought for their self-interest.