We need a ban on new home sales to foreign nationals, unless the property is both a) over 4 million and b) they have 5 years of declared Canadian income sufficient to pay a 25 year mortgage on the property they are buying. No income-less 'students', no 'housewives'.
The luxury market has always been global, but the last 30 years of governments did absolutely nothing to protect middle-class housing.

And the electorate did absolutely zero to help themselves. Home owners were too busy telling themselves how rich they were in the late 80's and early 90's, because of how much their house had gone up. No one was making the protection of our housing a political issue. I had many frustrating conversations with people then who hadn't figured out that to capitalize on their 'wealth' they would have to leave Vancouver.