"Vancouver’s mayor says the city’s rental strategy, billed as the first of its kind in Canada, will lock in lower rents in line with what people actually earn, reports Frances Bula".

What?

Pushing prices to be in line with what people actually earn locally?

Why is the Mayor not pushing the levels of government above him to make that the case for buying a house, as well?

Levels of government above him, with his cooperation, have the power to do that, it is as easy as implementing a two-tiered property tax, where one tier is lower tax (people who now work at jobs locally or else who have worked at jobs elsewhere in Canada more than ten years, with federal income tax receipts to prove it) and the other tier is extremely high property tax (20 percent the value of the property per year) which goes to everybody else (example, the multimillionaire businessman whose job is not in Canada and who just bought his Canadian passport two months ago through the Quebec Investor Immigrant scheme).