Actually politicians seldom listen to the best economists...if they did they would not have signed trade agreements (see Joseph Stiglitz)  they would have heavily regulated the financial industry from becoming the out of control greed machine it is with short term goals only (see Pikety and Foroohar).     

Instead they listen to guys working for the CIBC...you know the company that does not like price controls except when it comes to labour...then they just ship it to India. 

What does Tal say about the people (in the Star today) that just received rent increases going from $1750 to $3500 for a 2 bedroom?    

According to his theory of things this should not even be an issue since it has been 26 years (from 1991) where no developers are under rent controls.   So why does the problem exist then?  Why only condos in the last 20 years when there has been no regulation stopping rentals from being built?