There are a couple of issues that this article misses : a) Why is the rent in Toronto going through the roof ? If people were merely flipping houses, why would

There are a couple of issues that this article misses : a) Why is the rent in Toronto going through the roof ? If people were merely flipping houses, why would they bother with renters ? In Vancouver, the rents in condos were very low. In Toronto, the rents are high and increasing . b) The author mentions Brampton as relatively unaffected due to south asian diaspora concentration. However, Mississauga has similar concentration of South Asians and the housing market has seen a similar appreciation in prices. Is it possible that people find Toronto to be a great city and want to move here ? I know of several families that moved out of mcmansions in Brampton because schools in Toronto are so much better ? Ordinary citizens may be parking their money in Toronto real estate because they may be unsure of the future value of their stock investments.