No, souls != property. People sell their property and get money for it. Generally they do sell to the highest bidder. There is no collective ownership. You have no stake in other people selling their own property. There is no "we". How does a hot RE market imply things arent going to end well? Fairly big jump. Toronto is the only other hot mkt in the vast country of canada. Calgary and other cities are seeing falling RE prices.
This ain't going to end well.