I think it's basic economics that when there is increasing demand and an increasing shortage, that the cost of the decreasing housing will go up in price, and I

I think it's basic economics that when there is increasing demand and an increasing shortage, that the cost of the decreasing housing will go up in price, and I think that is what happened in Vancouver. This article suggests that it's very likely decreasing house prices has been pushing apartment prices down, because housing is more available b/c it's cheaper [1] "he's willing to suggest that declining property sales could be leading many real estate speculators to rent their properties out rather than put them up for sale." which is connected to more houses available and thus less demand on apartment. That seems pretty clear. I'm not pushing an agenda for the government to intervene, I'm just reporting on the basic economics - demand went up, supply went down (more people moving there, and also houses bought but not on the market) led to higher prices. Also, on my second point about neighborhoods losing their commercial infrastructure because of empty houses, isn't that obvious too? I honestly feel like you were replying to another post and accidentally used mine. [1] https://www.cbc.ca/news/canada/british-columbia/are-vancouver-s-sky-high-rents-finally-falling-1.4735345 https://www.cbc.ca/news/canada/british-columbia/are-vancouve...