1. It's news that the people profiting from insane real estate prices didn't like actions to cool the market? 
2. Sob sobbb sobbbbbb poor developers oh woe is them...
.
Meanwhile elsewhere in this paper we find some of the many *actual* victims of the real estate insanity:
http://www.theglobeandmail.com/news/british-columbia/high-rents-reduced-supports-pushing-bc-seniors-from-homes-advocate/article33314562/