Or just make capital gains apply on any earnings over $1M or so. Suddenly it would not be such an exciting amazing thing to have your home double in value, woul

Or just make capital gains apply on any earnings over $1M or so. Suddenly it would not be such an exciting amazing thing to have your home double in value, would it? The raised taxes could be earmarked for building (gasp!) public housing. The stuff we used to build until the 90s, when it suddenly became absolutely unpopular and politically toxic for governments to encourage affordable housing stock. That these kinds of policies can't/won't happen tells you that the foxes are running the hen house in this country, at every level of government and business. E.g. the response to affordability crisis is more stimulus and subsidies (new tax free home buyers accounts, etc), rather than getting pricing under control by building homes and regulating real estate law. All very frustrating.