Rob Carrick, who has been soooo wrong about real estate and mortgage rates for soooo long, has moved on to a new topic.  What a wonderful idea, after it did nothing in Vancouver except drop sales volumes, Rob wants to try something that really does not make fundamental sense, just for the hell of it.   And who cares about facts?  Like yes, you can sell, and rent if you want.  Or downsize.  What happened to all the cries of over-building condos?

Toronto is growing - where do you think all the immigratnst go? - TSX is at a record, incomes at the top are growing (real estate prices are based on incremental sales and wealth, not everyone is rebuying their homes every year) and the loonie has dropped.  And it is still the main asset you can sell without paying taxes on gains.  And there is a green belt preventing construction and the lousiest public transport so you cannot commute easily from too far away.  How about fixing that?