How about this instead:

If you do not earn your living from a local job in the Toronto area and if you have never earned your living from a job in Canada, then let's have policies that FORBID you from buying a house in the Toronto area unless you pay a property tax equal to twenty percent of the property's value per year.

See, the thing is, TDW, your approach is the way to Vancouver, where little houses cost three million a pop and the buyers do not earn their money in Canada.

My approach brings houses back to affordability for local workers who hold local jobs.

My approach is better than yours. Better for workers in Canada, better for young families who earn their money in Canada, better for society.

Your approach is better for millionaires with money from overseas who want to turn Vancouver and Toronto into world resort cities for the world's ultra-rich.