[vpcs111fm]

Guys, what you guys are saying is against the market mechanism. Whether you like it or not, people will continue to evade taxes and find a safe haven in countries like the States and Canada, cities like New York and Vancouver.

If there is going to be a large surge in demand, the only counter solution is to increase supply. In my opinion, every single building that is lower than 5 stories below 96 ST in NY and any lowrise between Georgia and Commercial Drive in Vancouver needs to be wiped out and replaced with Hong Kong-style highrises. Housing prices and rent prices will tame down eventually!

If you dump 200k new highrises in downtown Vancouver, how the hell prices are not going to come down? Again, it's supply and demand.

At the end of the day, there is no such thing as market that goes beyond supply and demand. And developers always have incentive to build more as long as city intervenes less and liberalize them in terms of what they want to build.

All I am saying here is to let the market figure out. Look at Uber -- were cabs any better before UBER? Travis Kalanick "gentrified" the taxi market and it turned out to be a beautiful thing!