One might also suggest that those who are writing the rules and regulations are designing flawed rules and dragging their feet in order to avoid being the ones who catch blame for tipping the market.

"We are not interested in taking steps that will see a diminishment in people's equity, the value of their homes."
- former BC Finance Minister, Mike de Jong (current BC Liberal leader hopeful)

"Housing is a critical component of many people's equity and their retirement prospect, and we want to make sure we don't adversely affect the marketplace"
- current BC Premier John Horgan

I know first hand that various political, academic, and business leaders think that real estate insanity is a mess and truly damaging the long-term prospects of the region, but they also like their jobs, own real estate themselves, and don't want to be blamed when this sector - which is spectacularly overly relied on for employment and investment in BC - goes the wrong way.