>These are likely to reduce home prizes as average mortgage eligibility will shrink I think that's unlikely for the following reasons: - Most wealthy people o

>These are likely to reduce home prizes as average mortgage eligibility will shrink I think that's unlikely for the following reasons: - Most wealthy people own land, contribute to politicians, and have political power (think seniors). Anything done to slow or reverse property values will negatively impact this class of people who have political power and free time - The very organizations responsible for fixing this situation benefit financially from it continuing or even getting worse. - All political parties rely on campaign contributions. How much disposable income do renters in Vancouver/Toronto have? Until the negative effects tangibly outweigh the benefits in the near term (ie unlike global climate change) for the kingmakers I would be very surprised to see an intentional reversal. Any political party doing this would be taking a huge risk. Sadly I think we're down to hoping for a global cataclysm.