[Tiktaalik]

> The other thing to when demand for housing in your city is high, is to increase supply.

This statement assumes that cities aren't already increasing supply. The fact is that Vancouver is building more supply than at any other time in recent memory.

There are real physical limits to creating supply. There are limits in tradespersons available. There are limits in being able to review and approve buildings and it all takes time. The city of Vancouver has already increased development fees in order to be able to hire more people to review development applications faster and build faster.

In contrast to the real and known limits of supply creation, the scope of foreign speculative demand is unknown.

What happens when you increase supply and you don't meet demand? What happens if foreign demand increases to meet the new supply?