As quality of life in the rest of the world crumbles, cost of housing in havens like Canada will inexorably rise. The rest of the world wants to move here, especially Ontario's GTA and Golden Triangle: jobs, educational institutions, top-tier health care facilities, good transportation infrastructure, and safety from crime and violence. Trump makes Canada even more attractive for the rest of the world's mobile population.

How high will prices go? I see no limit for places like Toronto; it's essentially the NYC of Canada. My parents grew up in an Irish working-class neighborhood on New York City's lower west side: Hell's Kitchen. Their five story brownstone walk-up had two bedroom apartments. My parents lived there on a mechanic's wage, while saving enough for a starter home in New Jersey. Today, the price of a one bedroom apartment in my old neighborhood: +$3,500 US @ month. Houses in that suburb they bought their first home in are now worth millions.