Let's go easy on Rofina. She's just a young woman.
Let's remember that the problem isn't foreign buyers or low interest rates. Ultimately, the responsibility rests with existing home owners. They resist densification here and there. So, city hall proceeds with densification where there are no objections. Property owners downtown are happy to sell out for $$$$. Build more towers.
Owners of landed property resist densification because there isn't enough mass transit to handle the increase in population. And, mass transit won't happen as long as YOU elect senior governments that see mass transit as poison. Down with the unions!
Christy Clark says that she wants to build a bridge to replace the Massey Tunnel. Good?
Unfortunately, with her obsession on balancing budgets, it will probably be a public-private project. Pay tolls!!!!!! You know what happened to Port Mann Bridge. Big losses as bridge traffic is lower than the old bridge!
So, blame the high cost of housing on yourself. Be happy that Mayor Sunshine and city hall are working hard to create housing for the long run. Condo now. Family housing later. The tide will turn. Goodbye suburbs! Hello bright lights!