[Tiktaalik]

I'm generally in favour of this policy, though it's a bit half baked, and it is too little, too late. It was probably only implemented because the government had done nothing on the file, is coming into an election, and realized they were going to get thrown out by an angry electorate.

In a lot of ways Vancouver has been ruined by the housing bubble and influx of speculative foreign capital. Extremely high house prices have created a strong incentive for anyone who can easily work elsewhere (ie. a tech worker) to move away. Many of my friends have drifted away to Seattle and SF.

The only way houses could become even slightly affordable at this point would be a housing crash. This would be disastrous to the local economy, which has become entirely built on selling housing to one another. Accordingly it's hard to wish for that.