Thanks G&M for publishing something that balances the rhetoric we have seen in this paper from the developer and real estate industry. As recent data has shown there are 10's of thousands of lots available for construction in the GTA. We don't have a supply problem. We don't need to pave the greenbelt.

Hopefully with the recent changes the Ontario government has implemented on data collection we can find out what is really driving the frenzy. I suspect (but have no evidence) that foreign and domestic speculation is driving the cost with rampant abuse of the primary residence tax deduction to avoid paying capital gains.