> The only difference is, with the exception of Taipei, there is no political history to point to and scapegoat.
Sure there is. Politicians allowed foreigners to buy residency/citizenship in Canada to a greater degree than possible elsewhere.
There are plenty of political levers to pull that can adjust housing costs. Government has a major role in determining property prices. They set the tax rates and issue permits.
Edit: Why don't you try responding to my argument rather than calling me names?
Sure there is. Politicians allowed foreigners to buy residency/citizenship in Canada to a greater degree than possible elsewhere.
There are plenty of political levers to pull that can adjust housing costs. Government has a major role in determining property prices. They set the tax rates and issue permits.
Edit: Why don't you try responding to my argument rather than calling me names?