Immigrating to Canada is a privilege, not a right and the government should act accordingly.  The current rules on real estate are a joke - just look at all the empty apartments in Toronto and Vancouver, I've heard from friends that Coal Harbor is about 70% dark at night (because most of the apartments are vacant). The Government is clueless and has waited too long to act to the point where any significant correction risks cascading into something worse.  Whether it's real estate or immigration or border control - the rights of Canadian citizens are secondary to short-sighted "progressive" symbolism. Just look at the political impotence in dealing with illegal migrants, they are being rewarded by breaking law and the government is doing absolutely nothing (because it's 2017) - I'm digressing but the government is treating illegal migrants better than Canadian citizens and it's an invitation for more migrants to do the same because our system is a joke.